New Environmental Body
(February 06, 2007)
France has proposed a
new environmental body
that could police,
monitor, and hold
responsible nations that
over-use resources in
the name of development
and received support of
several nations but not
the US, China, India,
and Russia.<More>
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India, China Set up Hotline
(February 06, 2007)
When Chinese Foreign Minister
Li Zhaoxing visits India next
week, India and China have
decided to set up a hotline
between their foreign
ministers as part of a roadmap
to implement the 10-point
action plan to boost strategic
cooperation.<More>
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Bhutto to Return?
(February 06, 2007)
Former Pakistan Prime Minister
Benazir Bhutto in a self-exile
in the United Kingdom is
reportedly planning to return
to Pakistan in October or
November of this year to
challenge the army's rule.<More>
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India on EU Project to Study
Universe
(February 06, 2007)
India will join one of the
largest physics project,
championed by the EU, to study
the evolution of the Universe
seconds after the Big Bang
during the India-EU
Ministerial Science Conference
this week.<More>
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Over 1000 BrahMos from Russia
(February 06, 2007)
India's Russian partner NPO
Mashinostroyenie revealed that
it would soon ship over 1,000
supersonic BrahMos missiles to
defense forces within the next
few years bringing to fruition
the 1999 project.<More>
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NK Accuses US of Preemptive
Attack Plans
(February 06, 2007)
A senior North Korean official
accused the US of planning a
pre-emptive strike to
neutralize the nuclear
facilities after reports
emerged of a large deployment
of stealth fighters by the US
in South Korea ostensibly for
"training" purposes.<More>
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SLG Invites, TNA Declines
(February 06, 2007)
The Sri Lankan President
Mahinda Rajapakse invited the
Liberation Tigers of Tamil
Eelam (LTTE) and later the
Tamil National Alliance (TNA)
for talks on power sharing;
but his peppered invitation
was spurned by the TNA asking
it to deal with the LTTE
directly.<More>
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Govt to Buy SBI, NABARD off
RBI
(February 06, 2007)
In a surprising move, the
government has decided to buy
India's largest bank State
Bank of India (SBI) and
National Bank for Agriculture
and Rural Development (NABARD)
from the current holders
Reserve Bank of India (RBI).<More>
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RBI Squeezes Money Supply
(February 06, 2007)
The Reserve Bank of India
(RBI) hiked the Repo Rate to
control money supply making
loans more expensive and also
limiting risky credit exposure
in sensitive areas-this key
rate is the rate at which
banks lend against government
bonds.<More>
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Iran's Herbal Remedy against
AIDS
(February 06, 2007)
Iran announced that its
scientists have produced a
herbal medicine that boosts
the immune system but "not
medication to kill the virus"
and is intended to be used as
an alternative to
"anti-retroviral drugs."<More>
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