Iran begins studies to build experimental nuclear fusion reactor

Iran studies building fusion reactor
TEHRAN, Iran – Iran’s nuclear agency announces it studying to construct an experimental nuclear fusion reactor, something no country has ever built.

Iran is not known to have carried out anything but basic fusion research. Its current nuclear fission program is being watched with concern by the U.S.
The U.S. and its allies … Read the original article on Gaea Times at : Iran begins studies to build experimental nuclear fusion reactor.

A grocery shop in Britain sans shopkeeper

LONDON – No shopkeeper to man it. Yet, a grocery store in Britain opens round the clock and sell household goods to the residents without fearing theft.

The village shop in Draughton, North Yorkshire, is never locked or manned, and relies on old-fashioned honesty to balance its books, Daily Mail reported.
The phone box-turned …. Source article on Gaea Times at  : A grocery shop in Britain sans shopkeeper.

State of infrastructure not good enough, need to do more: PM

NEW DELHI – India is not meeting its infrastructure development targets and needs to rework its strategy of implementing mega projects, Prime Minister Manmohan Singh said here Saturday while addressing the country’s top policy forum.

“The state of infrastructure in the country is not good enough to achieve 9-10 percent growth over a sustained basis. We … Read the original article on Gaea Times at : State of infrastructure not good enough, need to do more: PM.

Inflation will come down to 6 percent: Manmohan Singh tells NDC

NEW DELHI – Prime Minister Dr. Manmohan Singh on Saturday said the inflation is expected to come down at six percent by the end of this year.

Addressing the 55th National Development Conference (NDC), Dr. Singh said: “The present high rate of inflation is mainly … Read : Inflation will come down to 6 percent: Manmohan Singh tells NDC.

Inflation will ease, country falling short of plan targets: PM

NEW DELHI – Prime Minister Manmohan Singh Saturday said a good monsoon this year will help overall inflation ease to 6 percent by the year-end, a figure more optimistic than the ones projected by his advisory council earlier.

He also said that as per the mid-term review of the 11th Five Year Plan (2007-12), the country …. Read the original article  : here.

Rangel political allies largely quiet as they weigh political fallout of ethics charges

Rangel ethics charges create headache for allies

NEW YORK – Friends and political allies of embattled Rep. Charlie Rangel are noticeably quiet after the disclosure that the 40-year House veteran and dean of the New York congressional delegation may face serious charges from a House ethics panel.
Rangel, 80, told reporters Friday that he looked forward to … Read this article on Gaea Times at : Rangel political allies largely quiet as they weigh political fallout of ethics charges.

Wipro achieves a quarterly profit of 31 percent

BANGALORE – Wipro, third-largest software provider has beaten expectations by posting a 31 percent rise in its quarterly profit.

“We had a strong quarter particularly in our after tax profit growth, our revenue grew by 16 percent and we …. Source  : Wipro achieves a quarterly profit of 31 percent.

Aziz Premji Upbeat About Wipro

BABGALORE, INDIA (GaeaTimes.com)- The new financial figures clearly indicate that the leading Indian MNCs which do a lot of outsourcing for UK and USA based clients are still recuperating from the sluggish economy. Wipro which is a leading outsourcing company based in India has added more employees in its portfolio compared to rivals like …. Original article  : Aziz Premji Upbeat About Wipro.

Targets not met, but current plan growth better than ever: PM

NEW DELHI – Prime Minister Manmohan Singh Saturday said though the country had fallen short of targets under the current five year plan, the overall projected average growth of 8.1 percent from 2007-12 was still better than in any other period.

“The mid-term appraisal projects the eleventh plan will achieve an annual average growth rate of …. Source  : Targets not met, but current plan growth better than ever: PM.

Delhi Metro orders 40 subway cars from Bombardier

TORONTO – Canada’s Bombardier Transportation has won orders to supply 40 MOVIA type subway cars to Delhi Metro Rail Corporation (DMRC) at a cost of $55 million.

Around 190 MOVIA cars are already being used by Delhi Metro.
The Montreal-based rail and aerospace giant said the order won Friday is in addition to 74 transit cars …. Original article  : Delhi Metro orders 40 subway cars from Bombardier.

North Korea threatens nuclear retaliation to US-South Korea military exercises

NKorea vows nuclear response to US-SKorea drills

SEOUL, South Korea – North Korea warned Saturday that joint U.S. and South Korean military exercises poised to begin this weekend amount to a military provocation that will draw a “powerful” nuclear response from Pyongyang.
North Korea routinely threatens war when South Korea and the U.S. hold joint military drills, … Read more : North Korea threatens nuclear retaliation to US-South Korea military exercises.

Mexico registers $312 mn trade surplus

Mexico City, July 24 (IANS/EFE) Mexico has registered a $312 million trade surplus in the first half of 2010, a big turnaround from the $1.2 billion deficit in the same period last year, the government said.

Mexican exports totalled $141.26 billion between Jan 1 and June 30, an increase of 36.3 percent over the first half [..] Read the original article: here.

US to grow 4 percent, unemployment to stay at 9 percent

WASHINGTON – Battling the worst recession in decades, the US government expects unemployment to stay at or above 9 percent until 2012 even as the economy grows by at least 4 percent in 2011 and 2012.

New projections contained in the administration’s Mid-Session Budget Review released by the White House Friday, also show the US National …. Source  : US to grow 4 percent, unemployment to stay at 9 percent.

World takes first steps toward treaty to regulate arms trade and prevent illicit transfers

First steps toward arms trade treaty
UNITED NATIONS – The world’s nations took the first steps at a conference that ended Friday toward a legally binding treaty that would try to regulate the multibillion dollar arms trade and prevent the transfer of weapons to armed groups fueling conflicts, terrorists and human rights violators.

When the conference began … Read : World takes first steps toward treaty to regulate arms trade and prevent illicit transfers.

50 percent Chinese buy luxury items online

BEIJING – Half of China’s urban residents say they prefer buying luxury items online and the major factor for drawing people to internet retailing is favourable prices over franchised stores.

The 2009 China Luxury Forecast also said about 78 percent of respondents in a survey said they would continue to maintain consumption of luxury goods in … Read : 50 percent Chinese buy luxury items online.

Attorney confirms that former pro cyclist Tyler Hamilton will appear before federal grand jury

Hamilton subpoenaed to appear before grand jury

NEW YORK – Former professional cyclist Tyler Hamilton has been subpoenaed to appear before a grand jury, though his attorney refused to say whether it has anything to do with a federal investigation involving Lance Armstrong.
Chris Manderson said that Hamilton, a former teammate of Armstrong on the U.S. Postal … Original source on Gaea Times at : Attorney confirms that former pro cyclist Tyler Hamilton will appear before federal grand jury.

Aloha, Mickey: Disney gives sneak peek of new Hawaiian resort ‘Aulani’

Disney gives sneak peek of new Hawaii resort

KAPOLEI, Hawaii – More than 80 years after Mickey Mouse piloted “Steamboat Willie” and whistled his way into the hearts of children across the world, he has finally reached the shores of Hawaii.
The Walt Disney Co. on Friday gave a peek of its sprawling, beachside Hawaiian resort that … Read more »»».

NKorea threatens powerful nuclear response to US-South Korea military exercises

NKorea vows powerful nuclear response to US-SKorea
HANOI, Vietnam – North Korea threatened Saturday to mount a powerful nuclear response to upcoming joint U.S.-South Korean military drills, calling the exercises an “unpardonable” provocation on top of wrongly blaming Pyongyang for the sinking of a South Korean warship.
North Korea’s powerful National Defense Commission, led by [..] Read the original article: here.

AP-US-Anti-Tax-Iconoclast

AP-US-Anti-Tax-Iconoclast
EDITORS:
Disregard BC-US–Anti-Tax Iconoclast. NewsNow. Will move on a later cycle.

The AP
…. Original source  : AP-US-Anti-Tax-Iconoclast.

Geithner says economy gradually getting better and that’s encouraging

Geithner says economy gradually getting better

WASHINGTON – Treasury Secretary Tim Geithner says the economy is “gradually getting better” and “that’s very encouraging.”
This comes after Federal Reserve Chairman Ben Bernanke told Congress earlier this week that the outlook for the country is “unusually uncertain.”
Geithner says he’s seeing “private investment expand again, job growth starting to come … Read the original article on Gaea Times at : Geithner says economy gradually getting better and that’s encouraging.