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Update on Missile Programs
(November 30, 2006)
Defense Minister A.K. Antony updated
the Parliament that the supersonic
cruise missile BrahMos has been
inducted into the Defense forces and
the Trishul anti-Missile project
completed while the Akash and Nag
missile programs are behind schedule.<More>
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NK-US for Talks, Japan Sets Terms
(November 30, 2006)
North Korea and the US seem to step down
from the brink and said they were ready for
talks, but Japan Prime Minister Shinzo Abe
asserted that his country will not “allow
North Korea to possess nuclear weapons and
laid out terms for engagement.<More>
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Israel’s Peace Plan
(November 30, 2006)
Israel unveiled several steps that, if met,
could lead to serious peace negotiation with
Palestinians leading to prisoner exchange,
withdrawal of Israeli forces from many parts
of West Bank, ease of transit checkpoints,
and lifting of financial sanctions.<More>
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Left Win in Ecuador
(November 30, 2006)
Adding to the string of leftist victories in
South America, a Leftist economist, an ally
of Venezuelan President Hugo Chavez, with
radical views such as cutting off relations
with international lenders, won the
Presidency of poor and politically unstable
Ecuador.<More>
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Oct Exports Down
(November 30, 2006)
Indian export growth which have been
growing at breakneck speed in the
first half of fiscal year,
decelerated to 18.51% valued at USD
9.6 billion (from USD 8.1 billion
last year) raising fears that
overall cumulative growth for the
year may be impacted.<More>
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GSP Retaliation for WTO
Negotiations
(November 30, 2006)
Even though there has been an
overwhelming support for the Indo-US
civilian nuclear deal among US
policy makers, India is nervous
about how they will deal with the
Generalized System of Preference (GSP)
mechanism set to expire next month.<More>
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