Author: Biz India

Suzuki Motors to Invest $720 Million More in India and Set Up Skills Development Center

By Economic Times GANDHINAGAR, August 24, 2012 – : Maruti Suzuki India will set up a skills development centre in Gujarat, where it is investing Rs 4,000 crore (about U.S. $720 million to set up a manufacturing facility, even as it is trying to restore normalcy at its Manesar plant in Haryana. The plan was conveyed to Chief Minister Narendra Modi by the chairman of the company’s Japanese parent Suzuki Motor Corp, Osamu Suzuki during a meeting here today. Suzuki, along with Maruti Suzuki India (MSI) Chairman R C Bhargava and Managing Director and CEO Shinzo Nakanishi, called on...

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$2 Trillion+ Printed Since Obama Came to White House

U.S. Debt, Obligations Now at Almost $105 Trillion  What You Should Do Now to Protect Yourself ! By Martin Weiss – Weiss Research For some Americans, everything seems “normal” right now. But if you scratch just a tiny bit beneath the surface, it’s clear we have MAJOR financial problems ahead of us — massive deficits and debts we can never possibly repay. Total interest-bearing debt in the U.S. is now $54.6 trillion, nearly four times our country’s GDP. On top of that, the U.S. government has contingent obligations exceeding $60 trillion for Social Security, Medicare and other programs. But instead of reducing these debts, or at least slowing down their growth, our government has resorted to the outright printing of massive sums of money — more than $2 trillion just since 2009. Americans have the right to enjoy the stability of a sound dollar. But that’s highly unlikely. Our massive deficits and money printing shatter every standard of stable, prudent policy established by every administration and Fed Chairman of the past century. Even some of the most liberal spenders of the past are horrified by what our leaders are doing today. They doom our currency to an intractable, long-term decline. And they raise the risks of a catastrophic collapse. Even if we can avoid the worst-case scenario for the dollar, something else must emerge to replace it, and it...

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2 Books That Expose Obama’s Past, Present and Future Plans Dominate NYT Bestseller List

By Tim Bueler Conducting interviews on this topic is the New York Times bestselling author, journalist and radio host, Aaron Klein and award-winning historian, researcher and New York Times bestselling author, Brenda J. Elliott. Guest Profile and Information Click Here: http://superstore.wnd.com/books/Fool-Me-Twice-Obamas-Shocking-Plans-for-the-Next-Four-Years-Exposed-Hardcover ‘Fool Me Twice,’ ‘The Amateur’ selling big across the nation. The New York Times bestseller list today features two books critical of President Obama, each penned by authors whose last name is Klein. Ed Klein’s “The Amateur,” which has graced the bestseller list for weeks, including the top spot, shot back to #2 for hardcover nonfiction. Debuting at...

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Immigration Q & A by Ron Gotcher, Immigration Attorney (Part 1)

Immigration Q&A – Part 1 By Ron Gotcher Immigration Attorney Q: What is the status of the legislation that would lift the per country quota? A: HR 3012 easily passed the House last November. It stalled in the Senate when Sen. Grassley placed a “hold” on it. He lifted his hold in June, in return for further restrictions on the H1B program, but additional opposition developed and the Senate ran out of time. There is a small chance the Senate will consider it in September, but it is more likely that if it is passed at all, that will...

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Poll: Europe to Slip Into Recession

A modest 25 basis point interest rate cut to 0.50 per cent expected from the ECB next month will not be enough to stop the rot By The Economic Times, India  The euro zone will slip into recession and won’t grow until 2013, according to the latest Reuters poll of economists who also don’t expect any new aggressive policy response from the European Central Bank. The latest monthly survey results, released on Thursday, follow news that the euro zone just barely skirted recession in the first half of the year, with only Germany growing in the three months to June and France, the second largest euro zone economy, flatlining. Taken together with a worsening outlook for the euro zone’s most vulnerable economies in a Reuters poll published last week, there appears to expectation for an end to the euro crisis or any prospects for a meaningful economic rebound. A modest 25 basis point interest rate cut to 0.50 per cent expected from the ECB next month will not be enough to stop the rot and would be largely symbolic, as the rate is already so close to zero and can do little to stimulate borrowing. While ECB President Mario Draghi has promised he will do whatever it takes to save the euro, and large-scale purchases of short-term Spanish and Italian debt are likely later this year, there is nothing...

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