Monday, August 27, 2007

Judge says no to blocking the Arcelor-Mittal deal!

The latest legal hurdle in the Arvelor-Mittal affair came to a close with the judge refusing to grant the motion to block the all too famous Arcelor-Mittal deal.the main proponents of this motion were the fund managers who have claimed in the dutch court that they were shortchanged by the AM company.they have argued until they were blue in the face but the judge overruled them pointing out that the dutch court did not have any legal jurisdiction over the AM company which by the way is based in Luxemborg!
At last one more battle won by the AM team.Mittal wants the first phase of the deal to be complete the first phase by Sept. 3.lets hope that he can do that and that there are no more legal hurdles to jump through.

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China on the backfoot!


China is seeing a lot of its products being returned to it and the phrase "made in china" no longer has that much value in the world today.the problem of course is quality and many manufacturers have cut corners in a bid to make more money.as a result of this,innocent children toys,pj's and other items that have been 'made in china' were turned from ordinary items to hazardous items.
This has certainly caused a backlash of sorts with more and more countries returning the 'made in china' goods.of late there have been rumors circulating about the quality of the Chinese imported food.and now this.on top of came the news that unwashed,used chopsticks were being sent everywhere as new chopsticks.this incident is slowly but surely turning to be a huge headache for China which has been caught on the back foot!

china,goods,money,

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The florida vacation!


We all love to travel and do so whenever we get the chance.the favorite destination for many U.K customers is Florida,sunny Florida is a magnet for many U.K customers and many travel as a part of a package tour.Lowery’s has been active in Sales and Rental of property in Florida,and they serve many U.K customers and have done so since 1947.but recently they have also set up shop in Kissimmee Central Florida.Lowery’s have decided that since there is so much information available on the Internet that it is all better to have all the information all under one roof so as to speak.thus,Thinkflorida.co.uk came into being.this site provides all the U.K customers with the latest information on rental car service, ticket service and an online booking service for Florida Villa, Private Pool Homes, Condo’s and Town Houses in the Disney area and greater Florida.
That is not all,also at this site,it is possible to choose your accommodation by looking at the photos,plans ad other information available on that apartment.yeah,as hard as this may be to believe,but here,you can actually choose and book your apartment in Florida virtually.what is more,what you see is what you get here.so there will be no nasty surprises waiting for you in Florida.everyone has specific likes or dislikes,and accordingly you can choose your villa/condo/apartment.for example,golfers may prefer to stay close to a spa or the elderly may prefer ground floor accommodation.whatever you want,you can get it here.and the icing on the cake is this,it is actually cheaper to book your accommodation at this site directly than it is to get it through some package deal.so what are you waiting for?come to the site and see for yourself!

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Pakistani economy - walking on thin ice!

Pakistan is certainly undergoing a change and this is not the favorable kind of change.the situation is such that all arms of the government are at a crisis now.what with the Supreme court having suddenly discovered its extent of powers and the Pakistani government lurching from one situation to another,is it any surprise that the common man fears instability?
It should not come as a shock to the current president Musharraf since he was the one who had been creating these situations himself.instead of containing the situation and doing some damage control,the situation only seems to get more worse day by day.it is the Pakistani economy that is taking the hit as more and more investors are wary of investing in Pakistan especially as there is a sort of political upheaval taking place in the country!

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The Indian sensex rallies!


Despite the carnage of last week the Indian shareholders have got their confidence back and as a result of aggressive buying on the part of the traders the sensex has surged 400 points ahead.of course,leading the pack was none other than the SBI stocks which have increased in value due to the news that the recent takeover of a local bank chain has been completed.of course the merger still has to get the go ahead by the RBI and the government of India.when that happens and it will,soon at that,you can expect SBI to surge even further up than it already has.so keep your eyes on this stock.
That said the info tech sector was not that far behind the SBI.more and more laws are being amended to complement the IT sector every single day and this can only contribute more to the companies and the government's coffers.the sensex is all set to take over the 15,000 level and maintain it as the base for further market activities!

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Sunday, August 26, 2007

The orlando experience!

We all love to travel and generally when we do we often end up moaning of the high costs of the hotel rooms,our plane tickets and the lousy cars that we had to rent.how often have we wished that we could get the best rooms,best flights and the best in car rentals?a lot of the times that we had travelled.normally when we travel to an unknown place to travel to,we may not face problems.but can you imagine travelling to a place that sees thousands of tourists every single day.if you have not made any arrangements prior to travelling to such a place,well,your trip may turn out to be a complete nightmare.
With this site,we can get the best hotels,best airline tickets available and even get the best in our car rentals.and all of this can be booked ahead of your trip to Orlando.Orlando,the tourist capital of the Unites States,sees so many tourists every single day that we need sites like these to make sure that we are not left high and dry but can actually enjoy our hotels orlando with total pleasure and contentment.so if you are planning to travel to Orlando,come to this site and book everything ahead.and the best part is that all of this comes at very affordable rates.this is one fantastic deal that you do not want to miss out on!

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calm before the storm??

The following week will in all probability see a much more calmer trading in the asian stocks but traders are aware that it may not be as calm as it is predicted to be.after all any more bad news on the U.S market is bound to send shock waves all over the asian continent.that is just the least of worries for the traders.
With more and more financial institutions coming forward with their assett exposure to the U.S subprimes,the asian traders are well aware that the calm could be very well before the storm.as it is,traders are depending more on just sheer luck than informatin.the last two weeks has not helped matters any bit.but any more U.S market upheavals may well start the bear run on the asian stocks!

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