Obama creates history

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Posted by Liju Philip | Posted in Business, china, India, iraq, north korea, pakistan, Politics, russia, USA, World | Posted on 05-11-2008

obama-biden

After a 8 year hiatus, the Democrats are back in power.  Looking at the way with which the previous Democratic President, Bill Clinton left, its a no-brainer to see that the Republican government under George Bush has screwed up not only America, but the whole world itself.  Its been a systematic destruction of ‘Brand America’ by George Bush and his government.

Though Bush has been the best President when it came to India-US relations, it needs to be seen how Obama would take the already warm relations further.  It would be an interesting first 100 days to see how Obama would start attacking the domestic as well as foreign issues facing America.  The economy is in the ICU, the war in Iraq is still continuing, Afghanistan is on a boil with active support of the Taliban by the rogue Pakistani intelligence unit, ISI. North Korea behaves erratically.  Russia under Putin has transformed radically.  There are indications of a new cold war starting.  China is still dumping goods into the US.  America is not loved globally as before. Every terrorist group on this earth wants to have a go at the US.

The real challenge for Obama was not winning the elections. The anti-incumbency factor assured his victory. His real challenges start now.

Above picture courtesy: BBC

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Its a deal…a nuclear deal

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Posted by Liju Philip | Posted in britain, Business, china, electricity, energy, france, India, Investing, medicine, money, nuclear bomb, nuclear technology, Politics, russia, science, space technology, uk, USA, World | Posted on 03-10-2008

For all that they claim, when it came to the crunch, the only man standing was Manmohan Singh and his convictions. When history will be written, Manmohan Singh will be credited with 2 of the most path breaking changes in the history of India.

  • Liberalizing the economy in the 90s as Finance Minister with Prime Minister PV Narasimha Rao.
  • Breaking the shackles of nuclear isolation in 2008

Its an envious stature for a person who was always mentioned as the “reluctant PM” unlike so many of his detractors and rivals who believe the PM’s post is god given for them.

Encyclopedias of data are around to stress either sides of the nuclear deal.  Only time will tell who was right or wrong. As of now, let’s see how this deal will affect India.

The deal with the US entails India to continue with its dual path of nuclear technology; for both military as well as civilian uses (energy, medical, space etc).  The nuclear reactors for civilian purposes will be open to IAEA inspections.  The reactors meant for military purposes will be out of bounds for the IAEA. India can buy / tie-up for nuclear material and technology from any country.   In fact, India has already signed a treaty with France that has given it unlimited access to technology as well as reprocessing of the spent fuel.  A similar deal with Russia is expected to be signed when the Russian President, Dmitry Medvedev visits India in December. India can still pursue its nuclear weapons technology without any hindrance. In short, the world now, has the 6th declared nuclear power in the form of India.

If India explodes a nuclear bomb (for testing purposes)

The US will stop all nuclear co-operation.  India will have to return all the fuel given to it till then.  There will be a one year cooling down period where both parties (India & USA) will talk, deliberate and break heads on how to go along or if not they should part.  During this one year period, if they reach a deal, they continue or else its all over between them.

How does this affect India’s deal with France (already signed, details yet to be released) or Russia (details of which will be available only after the December signing), will be only known in some time to come.

India’s position on nuclear testing

Soon after the nuclear testing in 1998, the Vajpayee led BJP government declared a unilateral moratorium over further testing.  The Vajpayee government assured the world, that it would keep its promise of keeping a lid on further testing.  So, that demolishes all the opposition that BJP has over testing.  The Congress government has merely reiterated what the BJP government had proclaimed in 1998.  Its an accepted fact that India no longer needs any more testing (according to scientists and the party in power in 1998).  Any more noise that the BJP makes over this issue is just plain politicking which can be ignored.

Economic benefits for India due to the nuclear deal

  • The agreement could open up around $27 billion in investments in 18-20 nuclear plants over the next 15 years, according to the Confederation of Indian Industry.
  • By 2030, the overall economic benefits that will accrue to India’s economy as a result of nuclear trade could touch $500 billion, says Imagindia Institute, an Indian lobby group.
  • The deal is expected to double nuclear power’s share in India’s electricity supply to five to seven per cent in the next two decades.
  • With nuclear fuel in short supply, India’s nuclear power plants are running at 55 per cent of their capacity of about 4,000 megawatts.
  • India’s electricity supply, about 15 per cent short of demand in peak hours, will get a boost after the deal, but any new nuclear power plant may take a decade to be completed, leaving the country dependent of coal and liquid fuels.
  • Indian media say the country’s monopoly Nuclear Power Corp has tentatively picked four suppliers, including US-based Westinghouse Electric and France’s Areva, for planned new projects. Westinghouse is a unit of Toshiba Corp. Areva said on Monday that it hoped to sign a contract with Indian authorities to deliver two advanced EPR reactors.
  • India is also reported to be negotiating with General Electric, Hitachi and Russia’s atomic energy agency Rosatom.
  • Russia is already building two 1,000 megawatt reactors at Kudankulam in the southern Indian state of Tamil Nadu as part of a deal signed in 1988. Indian officials say the two countries will begin discussions on a multi-billion dollar agreement to build four more nuclear reactors in Kudankulam which has been delayed because of international restrictions against New Delhi. Russian nuclear reactors cost up to $2 billion each but India could expect to get a hefty discount on such a major deal, as Russia competes with the United States for influence in India.

Above info courtesy: IBNlive

This is not to count the approximate generation capacity of 60,000 MW of power by nuclear means by the year 2030 and the billions of dollars of technology exchange between India and the other countries in Space technology, Medicine, Science and other high tech industries.

Why is the Left against the deal?

Simply because their masters in China have paid them to behave that way.  The Left (CPI – CPM) never had any issues with China being a nuclear power or their nuclear testing. They sided with China during the 1962 war.  Its just natural that the mongrel is being faithful to the master.  The Commies have problems with everything US and when asked why they were not complaining against the Indian deal with France, they had no comments.  That simply shows how hollow their ideology is.  They love to oppose for the sake of opposing.

Why is BJP against the deal?

Because they just cant believe that a person who was so reluctant to be the Prime Minister has pulled off the deal.  Its a known fact that the BJP was on the verge of signing the NPT deal and giving away the nuclear sovereignty on a platter.  Even though the BJP was in power when the nuclear testing happened, its the Manmohan Singh government that has brought India out of a 34 year nuclear isolation.  They simply can’t accept the fact that their Iron man (sic) LK Advani, the perennial PM in waiting couldn’t get a chance to negotiate the deal.  Its a plain and simple case of the fox that didnt get the grapes and declared it sour.

Why the SP is in favour of this deal?

The Amar Singh – Mulayam Singh combo of Samajwadi Party needed someone to cling on to.  The Mayawati government was hot on the heels of the SP duo in UP fostering cases of corruption against them, hence the temporary deal with Congress.

So, will the Congress win the elections on this issue?

NO.  They wont.  The Indian electorate still loves mandir, masjid, gurudwara, church, SC, ST, OBC, hindutva, swadeshi, sycophancy, religion, region, family kinda politics.  And then they wonder why the country is so screwed up.

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Leander Paes in line for golden double at US Open

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Posted by Liju Philip | Posted in grand slam, India, lawn tennis, russia, Sports, sweden, tennis, us open, wimbledon, World, zimbabwe | Posted on 04-09-2008

Leander Paes & Lukas Dlouhy

Some great news in tennis for India.  Leander Paes has reached the finals of both the men’s doubles and mixed doubles at the US Open.

Paes and his Czech partner Lukas Dlouhy sprinted into the men’s doubles final by pulverising Argentine duo Maximo Gonzalez and Juan Monaco 6-2, 6-0 in just 46 minutes.  (Lines courtesy: Rediff)

Cara Black

Meanwhile in the mixed doubles, Paes and his partner Cara Black of Zimbabwe beat Nadia Petrova and Jonas Bjorkman 6-4, 6-4 to reach the finals.

The last time Leander Paes achieved such a result was in the 1999 Wimbledon.  Will he be able to repeat this feat at the last Grand Slam of the year ?

Above pictures courtesy: Getty Images & Wikipedia

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Wrestler Sushil Kumar wins bronze

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Posted by Liju Philip | Posted in beijing, belarus, boxing, china, europe, freestyle, greco roman, India, kazakhstan, olympics, russia, Sports, ukraine, USA, World, wrestling | Posted on 20-08-2008

After all the overhyped candidates in tennis, long jump, boxing, shooting and archery fizzled out, the news about Sushil Kumar winning the bronze in the freestyle 68kgs wrestling is indeed heartening.

Wrestler Sushil Kumar gave India one more reason to won cheer when he won the bronze medal in the freestyle 66kg category at the Beijing Olympics on Wednesday.

Sushil defeated Leonid Spiridonov of Kazakhstan 3-1 in the repechage match of the men’s freestyle wrestling 66kg to win India’s India’s first wrestling medal since the 1952 Helsinki Games.  He is only the second Indian wrestler after Khashaba Dadasaheb Jadhav to win an Olympic medal. Jadhav had won a bronze medal in the 1952 Games.

In the earlier rounds of repechage Sushil overcame the challenge of USA’s Doug Schwab and Belarrussian Albert Batyrov in the first two repechage rounds. Sushil had lost to Ukrainian Andriy Stadnik in his quarter-final bout.

This is also the first time since 1952 that India has two Olympic medals. Earlier, Abhinav Bindra won first-ever Olympics gold medal for the country in the 10meter air rifle event.

Update – Vijender Kumar assured of bronze in 75kg boxing

Vijender Kumar assured India of yet another medal when he entered the semi-finals of the middleweight (75kg) category on Wednesday. Vijender defeated Ecuador’s Carlos Gongora 9-4 at the Workers’ Gymnasium.

In the Olympic boxing event even the losing semifinalists get a bronze medal. Earlier, Jitender Kumar lost his 51kg quarter-final bout and missed the Olympic medal by a whisker. Jitender lost to European champion Georgy Balakshin of Russia in the last eight stage 15-11.

Above picture and news courtesy: IBNlive

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Heads roll at Chelsea – Avram Grant sacked

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Posted by Liju Philip | Posted in britain, chelsea, england, epl, football, russia, soccer, Sports, uefa, World | Posted on 25-05-2008

Heads have started rolling at Chelsea after what the owner, Roman Abramovich might consider to be a disappointing season. This is how Chelsea performed in the season

Carling Cup – Runners up
Premiership – Runners up
Champions league – Runners up

For any other team, this would be a pretty good season. But then, teams like Chelsea thrive on getting silverware. If you cant get them, be prepared to be sacked. Anyway, Grant was never known for his tactics and was overtly defensive sometimes considering the fact that Jose Mourinho was sacked for precisely that reason. At least Mouinho grinded out results and made sure that the team won 6 cups during his 3 year reign at Stamford Bridge.


So, who’se the next sacrifical lamb? Popular names include Guus Hiddink (currently coaching the Russian team) or Frank Rijkaard (the sacked coach of Barcelona). Whoever comes in will have his task cut out. There are no half measures at Chelsea and he will have to hit the ground running on day one.

But surprise, surprise, according to these reports on Soccernet, Jose Mourinho might be back too. Jose Mourinho is almost worshipped at Chelsea. Iam not expecting miracles, but then, the return of the “Special One” back to the English Premier League would rile the old foxes Ferguson, Benitez and Wenger. That’s what i would love to see. No one gets under the skin of the opposition like Jose can.

Like they say, “Never say never”.

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