Month: September 2013

September 3, 2013 0

Exploring the Impossible: India Seeks to Expand Trade in Rupees; India Stock Market Sinks; Rupee Decline Continues

By News Desk

Exploring the Impossible: India Seeks to Expand Trade in Rupees; India Stock Market Sinks; Rupee Decline Continues The desperate act of the day comes from Foreign Minister Salman Khurshid who says India Looking to Expand Rupee-Payment System . India is exploring possibilities of a rupee-based trade-payment mechanism with several countries, Foreign Minister Salman Khurshid said Tuesday, a move that may help stabilize the local currency and reduce the country’s current-account deficit.

September 3, 2013 0

Revellation

By News Desk

The square brackets [] stand for concentration and (aq) labels the state of the species.    DIC is the carbon tied up in the equilibria between CO 2 and water.  (1)  CO 2 (g) = CO 2 (aq) which represents the solution into and bubbling out of CO 2 from the water

September 2, 2013 0

India in Serious Trouble (and Gold at the Heart of It)

By News Desk

India in Serious Trouble (and Gold at the Heart of It) Last week India’s trade minister, Anand Sharma, came out with a laughable suggestion: RBI should consider monetizing gold . India’s central bank should look into the possibility of monetizing gold holdings, trade minister Anand Sharma said on Thursday, in the latest proposal aimed at combating a yawning current account deficit that has hammered the rupee. It was not immediately clear whether Sharma was referring to the 557.7 tonnes of gold the Reserve Bank of India (RBI) holds in its own reserves, or gold in private hands

September 1, 2013 0

The Politics and Strategy of War on Syria

By News Desk

Links The Politics and Strategy of War on Syria Eric Draitser of StopImperialism.com appears on Press TV on Friday August 30, 2013  to discuss the latest on the situation in Syria.  He examines the political divides that exist in the US ruling establishment between military and civilian factions.  Draitser explains how Syria might respond to any military strike, including widening the conflict to other parts of the region.  He also lays out the scenario for a possible escalation before any strikes might take place.