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New Money Laundering Law
(December 13, 2006)
India has enacted the Prevention of Money
Laundering Act (PMLA) that would allow
government agencies to track funding of
terrorist activities and greatly help
intelligence agencies monitor the flow of
funds often indicative of terrorist strikes.<More>
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Mining Policy to Attract FDI
(December 13, 2006)
A new mining policy is being formalized
aiming to attract more foreign direct
investment (FDI) through joint ventures
which is now only USD 150 million and the
new target investment value is Rs. 100,000
crore (USD 22.22 billion) in the next 2
years.<More>
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Reasons for HIV Propagation
(December 13, 2006)
A UNAIDS and World Health Organization (WHO)
study has found that “poor knowledge of HIV”
especially “among homosexual groups,” male
prostitution, and unsafe drug abuse
practices are main drivers of HIV
propagation.<More>
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Pak Emergent Defense Player
(December 13, 2006)
With nuclear-test imposed sanctions being
lifted and being conferred a major non-NATO
ally status Pakistan is being viewed as a
serious emergent buyer as it now has access
to weapons, aircraft, and missiles. Its
export in the USD 3 trillion arms market is
only USD 200 million but is expected to grow.<More>
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