INTERNATIONAL CAPITAL MARKET

It proposes to raise money by selling bonds in the international capital markets and the debt, in turn, will be repaid by the year 2025. The practice of borrowing and not using the current budget for financing vaccine development overlooks the long-term impact of the massive interest payments.

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Source ,IIPM-Editorial,2006

GM strikes a deal with CAW

IIPM-EDITORIAL
World’s largest automaker General Motors (GM) has struck a tentative three year labour agreement with the Canadian Auto Workers (CAW) union, settling differences over staffing levels in plants. This new contract has in fact averted a walkout by over 17,000 workers that could have resulted in shutting down of all GM plants in the US. CAW last held a strike at the Canadian division of the Detroit-based automaker in 1996, which lasted twenty Two days.

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Source IIPM-Editorial,2006

Blogging ‘Nekkidity’

RESEARCH AND PUBLICATION,IIPM-SOURCE

Dogging the bloggers through Osbasso’s alleys!

A scintillating blue winged butterfly resting over the dusky hued contour of her waist; the light of a fading sun shining on a pair of feet, as the ankles rest over the hand-rails of a terrace overlooking the city of toy-like red brick houses; a pair of bewitching blue eyes; softly curving fingers adorned with rings of silver, one with a stunning amber stone…Thursday after Thursday, snapshots of persons are posted over the blogosphere, exposing the physical dimensions of their spirit to a community already acquainted with their thoughts and feelings.

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Source IIPM Editorial-2006

Sandra: straight from the oven

Research and publication IIPM, KNOWLEDGE CENTRE

Gesine’s Confectionery, on its inauguration, saw an unusually long list of curious customers. Reason? Sitting at the counter, doling out complementary coconut macaroons was ‘Miss Congeniality’ SandraBullock, who also happens to be the owner - Gesine Prado’s - sister. Gesine had made her sibling a four-tier wedding cake as the latter entered wedlock last month. Not content with just ‘Making Sandwiches’, the ‘Working Girl’ must have been looking to return a good deal... Ya, ya… Sisterhood, we know! Don’t we, guys and girls?

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Source IIPM Editorial-2006

NEW-AGE TECHNOLOGIES

IIPM, BUSINESS AND ECONOMY

But then, historically, new-age technologies have found more acceptance in emerging markets, than in markets like US where customers are trapped by huge switching costs. Qualcomm could do well to convince service providers in China, Indonesia, Thailand and India to adopt this radically new technology. With more than 500 million subscribers and more than 5 million new consumers joining up every month, it is Asia, and not the US that will ensure Qualcomm’s indubitable dominance of wireless mobile communication in the future.

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Source: IIPM Editorial:- 2006

EUROPE AND CHINA TRADE

Research and publication, IIPM-Knowledge Centre

Andersen’s tale of the little boy who, to the fury of the courtiers, pointed out that the emperor was naked, has a Chomskian flavor, not simply because it told of speaking truth to power, but also because the simple childish eye proved keener than the sophisticated adult eye. I was present when Chomsky addressed Karl Popper’s London School of Economics seminar in the spring of 1969 and paid tribute to children’s intellectual powers (Chomsky secured my admittance to the seminar at a time when my employment at the LSE was suspended).

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Source, IIPM-Editorial-2006

There emerged a trade war between EU and China. Stating that the Chinese shipment exceeded the import quotas, in accordance with the Shanghai Agreement, the shipment of 80 million garments was blocked. This includes 48 million sweaters, 17 million pairs of trousers, some 500,000 blouses, 1.6 million T-shirts, 3.4 million bras and 1,470 tonnes of flax yarn. The goods lie piled up in ports and warehouses of EU. This led to a market rage since retailers who had invested mil­lions of euros in placing orders for a lu­crative Christmas collection feared empty racks for the season. It also raised alarms of severe shortages and subsequent price hikes if the goods were not released. “The difficulty is that we are trying to balance a number of interests here because obviously people want less expensive goods”, said UK Prime Minister Tony Blair. Yet, domestic producers find the growing imports from China dangerous to their own survival...

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Source: IIPM , Editorial-2006

Copyright:IIPM-2006