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Israel-Hamas truce begins Thursday

Egyptian made magnificient efforts to bring peace between Israel and Hamas, two ering group,the ceasefire beginning Thursday,Hamas the defacto rulers of Gaza strip. Egypt official and Hamas spokesperson said earlier the ceasefire would come into effect on Thursday. Hamas striking the peace deal has found their way to legitimacy in the Mideast peace process, Hamas being winner in Palestinian election but the world rejected them as radicals.Hamas has always said we are part of Palestine mainstream politics but few countries has tagged them as terror group.Jimmy Carter former President of US on his peace mission did spoke to Hamas to reach to consenus on broader terms inspite of unpleasant US President George Bush. The peace has pen to end rocket and mortar bomb attacks on Israel from Gaza, as well as halt Israeli raids and air strikes in the Palestinian territory. US officials has been rejecting Hamas in talks of peace process with rejected contact with Hamas because they view it as a ...

OPEC denies oil shortage: OIL Meet June 22

OPEC Secretary General Abdalla El-Badri has been authorised by Saudi cabinet to convene Oil meet of producers and chief consumers,with those investor in oil sector to have thread bare discussion reasons responsible surge in global oil price. OPEC's reference basket of crudes from 13 countries was $130.87 per barrel on Monday, compared with $126.11 the previous Friday, the oil cartel said on Tuesday. In use since 1987, the basket is calculated from the crude prices of: Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), Minas (Indonesia), Iran Heavy (Iran), Basra Light (Iraq), Kuwait Export (Kuwait), Es Sider (Libya), Bonny Light (Nigeria), Qatar Marine (Qatar), Arab Light (Saudi Arabia), Murban (UAE) and BCF 17 (Venezuela). The chief executive of Russia's energy giant Gazprom told a European business forum in France that oil prices could reach $250 per barrel in the longer term. News agency AFP quoted Alexei Miller as saying that rivalry for hydrocarbon resources wi...

Soaring fuel price log jam Euro highways

Traders at Madrid's main food wholesale market said supplies of fresh food would start to run out soon. Portuguese drivers have joined the strike and there were also protests in France over the impact of record oil prices, now at highs of more than $US139 per barrel. One striking truck driver was killed when he was hit by a van near a market in Grenada in southern Spain. In Portugal, a picket died as he tried to stop a truck on a road north of the capital Lisbon. Diesel has risen to 1.30 euros/litre from 0.95 euros a year ago, pressuring European Union (EU) governments to help heavy fuel users such as truck and taxi drivers, fishermen and farmers. In Asia, governments are struggling to prevent rising prices making the burden on the public so heavy that it threatens political stability. South Korea's Cabinet offered to resign in the face of huge street protests about the policies of its unpopular President Lee Myung-bak. European countries face their road transport protest after...

BJP kickstarts preparation General election

2008-06-02 21:53:35 - Right hindu BJP prepare next Lok Sabha elections and asked state units to forward the list of probable candidate by this month end.Mr LK Advani hopes more allies will join NDA in near future with their planned strategy. BJP Party chief Rajnath Singh also announced setting up of a central election management and coordination war room to gear up for the Lok Sabha polls.BJP Buoyed by a series of Assembly poll wins in its National Executive meeting in which BJP today started gearing up for emerging as the "clear winner" in the next Lok Sabha polls with senior leader L K Advani coining the slogan Jeetega BJP, Jeetega India. Mr L K Advani, projected as the NDA's Prime Ministerial candidate,in exuberance of victory in Karnataka to which he has described it as a turning point in BJP ascendence in national secene said, "Once the BJP is seen as a 'clear winner', it is bound to have a positive effect on the size and strength of the NDA. We can expe...

Tremblor 5.4 intensity struck in Indonesia

2008-06-03 11:22:47 - Asian region is in the grip of immediate threats of more quakes.The continent's various tectonic plates hangs in imbalance as its imbricate nature needs balancing act which appears to have been unable to search its new fulcrum. Jun 3,2008 Tremblor in Indonesia An earthquake measuring 5.4 on the Richter Scale rocked eastern parts of Indonesia this morning. Indonesian Meteorological agency said the quake struck at 8:03 a.m. (local time) and had its epicenter 62 kilometers northeast of Poso town of Central Sulawesi province; and 44 kilometers in depth. There are no immediate reports of any damage or casualties. June 1,2008 Quake rocks Philippines,Taiwan. A strong 6.4quake rocks Philippines,Taiwan.2008-06-01 09:52:08 - US Geological Survey said that a strong 6.4-magnitude earthquake rocked the northern Philippines and southern Taiwan on Sunday. Philippine Taiwan"s Central Weather Bureau said the magnitude 6.8 quake hit at around 9:57 a.m. (0157 GMT). It was f...

Congress or BJP on National scene.

2008-06-02 13:14:24 - Global rise in crude price to nearing $130 a barrel has put the Indian economy in doldrums inspite of its record production in agriculture, manufacturing along with marked increase in IT industry.Oil company are to bear extra burden of enromous amounts for which the rise in fuel hike seems imminent in election year, a worrisome preposition. UPA Chief Sonia Gandni has formed four member committe to revitalise the ranks and cadre of Congress party which has fared badly in its assembly elections and conceding states to its rival BJP. 2008-06-02 21:06:50 - Four Member committe to submit its report to the president of congress Party Mr Sonia Gandhi,party lacking and ways to revitalise with in fifteen days. Congress heir apparent Congress Party and General secretary, Rahul Gandhi today acknowledged that the party's poll debacle in Karnataka was a "setback" even as efforts are on to firm up a committee that would suggest ways to revitalise the party."D...

A strong 6.4quake rocks Philippines,Taiwan

2008-06-01 09:52:08 - US Geological Survey said that a strong 6.4-magnitude earthquake rocked the northern Philippines and southern Taiwan on Sunday. Philippine Taiwan"s Central Weather Bureau said the magnitude 6.8 quake hit at around 9:57 a.m. (0157 GMT). It was faintly felt in Taiwan. The bureau said the epicenter was located in the Pacific Ocean about 340 miles (560 kilometers) southeast of Taiwan"s capital of Taipei, near the Bashi Channel that separates Taiwan and the Philippines. The epicenter was as deep as 29 miles (46 kilometers) below the ocean surface. In Manila, Renato Solidum Jr., head of the Philippine Institute of Volcanology and Seismology, gave the quake magnitude at 6.3. He said the tremor was felt in the Philippines" northernmost province of Batanes but was too deep to cause any major damage or casualties. Institute of Volcanology and Seismology said the quake had a magnitude of 6.3 with an epicentre about 76 kilometres west of the Batan town of Basco...