Weekly Trends,17/10/2010
Global:-
1.The foreclosure fraud by the US banks show that the International bankers continue to be dishonest and this poses a great threat to the Global Economy in particular and the World in general.It is to be mentioned that the recent financial crisis was due to zero regulation and the dishonesty of the International bankers and their use of the fraudulent derivatives for manipulating the Price of commodities  the Stock and currency markets.
2.US and Western economies are in deep trouble.
3.All the Nations may use the "printing press".This will raise the price of commodities and inflation.
4.Near zero interest rates in the West and Japan is causing problems in emerging markets,by way of huge inflow,sometimes uncontrollable.
5.Strikes,like that in France against austerity measures continue in Europe.

Indian:-
1.Kashmir,Telengana and Manipur problems continue.
2.Coal India IPO tomorrow.Indices may rise for the next three days.
3.The Karnataka incident involving the Governor shows that the Congress party is dictatorial and slowly eroding the Constitution.
4.CIA's hold on the UPA is absolute
5.China and Pakistan seen as threats and constant irritants.
6.Stuxnet affected 6000 Indian computers.No news regarding remedial measures if any.
7.Pre-open trade to commence from tomorrow,in both BSE and NSE.
8.RBI says it will control Foreign money inflow,while Finance Minister Pranab Mukherjee,a known puppet of the USA says "No".

TREND

TREND
Global:-
1.US economy is in peril.The usual antidote for this is a war.Many expect a huge one,shortly.
2.China is trying to push Yuan as the World Currency,while the Globalists are trying to usurp power,by trying to have the notorious IMF,play the role of the Global Banker and have parity with nations of the G20.
3.Russia-Belarus relations deteriorate,with EU being the gainer.
4.Dollar collapses,allowing Commodities' prices to rise.Dollar and other world currencies are expected to get devalued due to the expected use of the "printing press",by all nations.
5.US Bankers,reportedly, suspected of arrogant mortgage frauds,forcing illegal foreclosures.
6.Toxic sludge leakage from a  factory in Hungary,results in some deaths,evacuation and environmental disaster.
Indian:-
1.India and Russia to sign contracts for  a huge arms deals, and combined production of Fifth Generation Fighters.
2.India seems to be succumbing to the US pressure as regards the Civil Nuclear Accident Liability Bill,as Obama's visit to India is due in a short time.UPA politicians do not seem to be having even a vague idea about Stuxnet.A similar attack in India,on her Nuke Plants in particular,by China or Pakistan or both together, or even by nonpolitical disgruntled elements like the Maoists, will prove catastrophic.
3.Gold and other Commodities prices are soaring,as the Festive season in India approaches.
4.The declaration of Kashmir and Arunachal Pradesh,as disputed territories,by FAO,is a huge blow for India.
5.The CWG is on and India's performance is unexpectedly strong.She is in the second position in Medals tally.
6.The markets may be flat on Monday,as there are no cues,expect the Coal India IPO.FII money inflow continues to grow,so also the profit-booking of the DIIs.







TREND

Is India prepared for a Pakistani Or Chinese "Stuxnet"?
The recent Stuxnet attack on the Siemens Softwares of the Iranian industries is a matter of concern for not only India but all the other nations also.
India is industrializing rapidly and MM Singh has signed many agreements with France and Russia for many Nuke reactors(It is worth noting that the USA,started a programme for "de-industrialization",as early as the 60s of the last century.Was it preparing for or forestalling a worm attack like that of the Stuxnet?Is this why many US industries were shifted to China and other countries like India,where Labour is cheap?)
.Many with the USA are to follow.Has the MM Singh Govt considered about a Pakistani or Chinese Stuxnet?

Stuxnet attacks China
Read here
Siemens industrial system software in China affected.

Stuxnet
Many artcles HERE and  here on Stuxnet and the cyber attack on Iran's industrial base.

News

Trouble in Telengana,Kashmir and Manipur.
CWG has begun.Read here
Engineers join SBI as clerks.India's economy and MM Singh's "inclusive growth".In India it is difficult to get a job if one does not have "influence".Read here
This year gold will be anywhere from $1,450 to $1,650.Read here
Arunachal on hydro-projects,in trouble.NHPC may be adversely affected.Read here
Tata Steel hikes prices about Rs 1500/Mt. Read here
IVRCL Assets and Holdings Ltd confident after completion of desalination project for Chennai Metrowater.Read here
Wall Street mortgage lenders could again be in serious trouble. Read here
Emergency declared in Ecuador.Read here
Rift between the Pentagon and the WH?Robert Gates says the USA will not leave Afghanistan "at all".Read here
Currency wars.Read here
Volcker: “The Financial System is Broken”.........Read here
The USA considers Bill that Aims To Punish Countries That Undervalue Their Currency.Read here
US and the UK in recession.Read here
Roma:EU warn France.Read here
Stuxnet in China too.Read here
Dollar at 6 month low.Read here
REC gets RBI nod.Read here
Vedanta's Sterlite gets a breather.Read here
Decline of the USA and the UK.Read here