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UN
Says 8% Sustained GDP Growth
Possible
A United Nation Economic and
Social Commission for Asia &
Pacific study reported that India
has all the ingredients in the
economy for a sustained 8% growth
rate in 2006-2008.<More>
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Governments
approves Iron Ore Exports
In a shortsighted move, the
Federal Cabinet announced its
decision to allow state-owned MMTC
Corp to export high quality iron
ore to China, Japan, and Korea;
the only good news of the order is
that it reduced the quantity of
iron ore that it can export.<More>
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UNSC
Gives Iran 30 Days
After three weeks of backroom
haggling, the 5 so-called
permanent members of the United
Nations Security Council (UNSC)
gave Iran 30 days to fulfill
International Atomic Energy Agency
(IAEA) requirements and suspend
all uranium enrichment without
stating consequences for
non-compliance. <More>
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Hamas
Rule Begins
Amid increasing international
isolation, the terrorist group
Hamas that won Palestinian
elections beating Fattah, the
infighting-ridden party of Yaseer
Arafat, was sworn into office
moderate President Mahmoud Abbas<More>
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