Posted
April 7, 2008
Politics:
- Inflation Woes for Indian Government: Rising inflation brings more than economic trouble for congress as Left and UNPA allies join BJP in public protests around the country. This can result in harsh moves by the govt to curb inflation and possibly slowing down growth.
- Clinton on Test: $109 million in income, will the super bucks distance Hillary from her voters in the coming primaries or not that is for all to see.
- Olympic torch draws protests in London: Despite throwing it’s full weight Chinese govt. is unable to suppress the Tibet issue which seems to be gaining popularity and support all round the world.
Economics:
- Raining Hard: Torrential rains in India seems to have adversely affected the crops. The region is already suffering from food shortage and high inflation rates. This might spill water on government’s plan to gain popularity by giving loan waivers.
- Microsoft gives Yahoo! an ultimatum: Microsoft Board has sited that if the deal does not takes place within three weeks then It’ll mount a hostile bid and will go directly to it’s shareholders and that too with a considerably lower price tag.
