Tuesday, November 06, 2018

020 World Top 10 Forex Reserve Countries

India seems to have been struck up in a Foreign Investment Trap. Though India is the 9th or the 10th Ranking country in terms of accumulated Forex Reserves, India seems to be riding a Tiger, from which it cannot alight and safeguard itself.

Question: Why do you consider that India is riding a Tiger?

Ans: Whenever there are some rumors about changing International Business or Political Environment, such as changes in Crude Prices, immediately, the Foreign Investments into India turn volatile. Foreign Investors start withdrawing as though there are going to be some series of earthquakes.

To continue adding / deleting / modifying.

Monday, October 29, 2018

019 World Top 10 GDP Countries-- Are they really producing so much product?

Mr. Donald Trump seems to be an always hungry person. What makes him so? He and his Nation are not destitutes. U.S.A. is No. 1 in the World, in terms of GDP (Gross Domestic Product). China is No. 2. There is a long gap between the No. 1 and No. 2. U.S.A. has a GDP of US$18.6 trillion, whereas China's GDP is only US$11.2 trillion. Japan (4.95tril) and Germany (3.48tril) have smaller GDPs and considering their geographical size, size of population, Germany's locational disadvatage, and Japan's proneness to frequent earthquakes, it is understandable. The No. 5 France and the No. 6 U.K., were past-colonial Powers, and they must have inherited enormous Colonial Wealth ransacked from their erstwhile Colonies. Both France and UK depend on export of Aircraft, particularly Fighter Aircraft, Weapon Systems to slow down their Economic Degeneration.

Why Mr. Donald Trump is angry with China?

Though China has a GDP of $11.2 trillion, and tops in Foreign Exchange Reserves, we should not forget that Chinese Corporates are controlled by Euro-American Multi Nationals. Though some top Chinese Politicians and Bureaucrats hold some chunks of Shareholdings in Euro-American Multinationals, such shares received by them either as bribes, or as genuine investments made by them, the Controlling Interests have not been parted with by the Euro American Multi Nationals.

Ques: What can be the cause for Trade Fiction between USA and China?

Ans: We have already seen that US and China are at loggerheads with both of them throwing challenges on the other, with Physical and Fiscal Controls on imports from the Other country. If Euro American Multinationals are creating Employment in China (of course, we can call it "Sweat Employment" running Sweat Shops, the Native and semi-Native Euro-American Multinationals operating in United States seem to be getting envious and nervous. But, we cannot ignore that American Natives are not ready for Sweat-shop Jobs at lower wages. High wages of preferred White Employees seems to have forced the Euro-American Multinationals open Sweat Shops in China. In the process, they might have undergone several hardships, especially those which are less adept in bribing and getting things done, with Chinese Bureaucracy and Politicians.

Ques: Now, apart from Aircraft and Weapon Exports, how UK and France are still able to retain their place in Top 10?

Ans: Both UK and France, run what are known as, "Tax Haven" countries like British Virgin Islands. Both the countries are flush with murky monies deposited by corrupt bureaucrats, business persons and politicians all over the world. They give shelter in London and Paris, to all sorts of Corrupt Billionaire persons who seek Residence in their countries. U.K. giving shelter to fugitives such as Vijay Mallya.

To continue adding / deleting / multiplying.

Thursday, October 25, 2018

018 What catapults a human to where, nobody knows, at least in India!

Context: Internecine turmoil in the Premier Central Bureau of Investigation, popularly known as CBI, the Institution probably comparable to FBI in United States. The turmoil led to easing out of CBI's Director General Shri Alok Varma, and Special Director Shri Rakesh Asthana who made accusations against one another. the Special Director Shri Rakesh Asthana complained to the Central Vigilance Commission, Government of India, against Shri Alok Varma levelling allegations about his Corruption. Shri Alok Varma in turn ordered Investigations against the Special Director Shri Rakesh Asthana in respect of his alleged Corruption. Shri Rakesh Asthana belonged to Gujarat Cadre, and seems to enjoy the Confidence of the Prime Minister, Shri Narendra Modi. Interested Readers can have a look at all these mutual acriminations in all major News Websites, TV Channels, and Print News Papers of India.For interested Readers, here is one link: Click here to go to https://timesofindia.indiatimes.com/india/alok-verma-vs-rakesh-asthana-how-it-all-started/articleshow/66341377.cms.

Asianage.com has reported: Click here to go to http://www.asianage.com/india/all-india/251018/midnight-purge-at-cbi-alok-verma-rakesh-asthana-sent-on-leave.html
"....The Appointments Committee of the Cabinet headed by Prime Minister Narendra Modi late Tuesday night named joint director M. Nageswar Rao, a 1986-batch Odisha cadre IPS officer, as the interim director of the CBI with “immediate effect”. ..."

There seems to be allegations against Shri Mannem Nageswara Rao also, the new Interim Director

What Shri Prashanti Bhushan, Senior Advocate Supreme Court, has to say, as per his Twitter Message

Photo of the Trinity Shri Rakesh Asthana, Shri Prashant Bhushan and Shri Alok Varma, in the adjacent Tweet may be a photoshopped image. Anyway, it will not be material.
Indiatoday.in has reported: click here to go to https://www.indiatoday.in/india/story/prashant-bhushan-to-challenge-alok-verma-s-removal-as-cbi-chief-in-court-1374147-2018-10-24

"Sacking and removal of CBI director is totally illegal. We will challenge it soon in Supreme Court. He has a fixed tenure and only the same committee that appointed him could remove him prematurely, if any disciplinary issues are found. The committee was to ensure that the position stays away from government powers."

"CVC has no authority to remove him. He cannot be removed in the matter he has been by the government. The special director Asthana is corrupt, facing serious cases, including corruption. Even the newly appointed director (Nageshwar Rao) is a corrupt individual."

ybrao-a-donkey's personal views , not intended to be imposed on others:
Prime Minister ought to have called for a Meeting of the entire Cabinet, discussed the matter threadbare, and got a resolution passed requesting for a Meeting of the High Power CBI Director Appointing Committee consisting of PM, CJI and the Opposition Leader, to select a New Permanent Director for CBI. This procedure would have been legitimate, and brought transparency into the Appointment.

The decision to appoint Shri Mannem Nageswara Rao, as Interim Director seems to have been taken in haste, without verifying if there are any serious allegations against him.
On Telugu Land, and obviously "Bharat bhUmi" nothing seems to move, without also taking into consideration, a caste factor.

Telugu Land Newspapers of Residual Andhra Pradesh and Telangana are ablaze and agog with the heighlighted heading "Telugu person as CBI Director". One Newspaper said 'manODE' = our man only. What, our man? Same Region? Same Sub Region ? Same District? Same Caste? Same Sub Caste? Media has to abandon these fallacious misconceptions. "Telugu tEjam" = Telugu Areole of Radiance has become a cliched heading for all Media from Telangana and Andhra Pradesh. Language is just a "Means of Communication",a sort of Technical Code. There is nothing National or Patriotic, or "belonging" about it. These are also delusions and illusions.

Incidentally, it may be observed that the CVC Shri K.V. Chowdary and Shri Mannem Nageswara Rao, belong to the same Caste.

One News paper reported: Shri Nageswara Rao was taken into CBI from Orissa, in spite of allegations against him, and objections from the present-exiting-Director Shri Alok Varma. According to them, Shri Nageswara Rao was inducted into the CBI, at the instance of a the-then Powerful Central Cabinet Minister, without naming the Minister's Name. When full details are not disclosed by Media, sometimes, people may have to infer. Does the Minister also belong to the same Caste?

Incomplete. To continue adding / deleting / modifying.