New Post (205) : The next fighter aircraft for the Indian Air Force.
Impressive…………….aha...........…
India will choose the winner of the project to supply 126 fighters for country's air forces this month, Times of India said on Saturday quoting sources in country's Defense Ministry. All eyes are on Eurofighter Typhoon and Dassault Rafale as to who would get go-ahead for the mega-deal. Both the short-listed companies are lobbying hard for the $10.4 billion deal.
The Defence Acquisitions Council, chaired by defence minister A K Antony, on Friday approved the offsets evaluation reports of the Eurofighter Typhoon (backed by UK, Germany, Spain and Italy) and the French Rafale Dassault jets. The other contenders, the American, Russian and Swedish jets, were earlier ejected out of the race after long-drawn technical evaluation and field trials.
"All the spade work for opening of the commercial bids of Eurofighter and Rafale has now been completed. It will be done towards the end of this month,'' said an official.
It will, however, take at least two-three weeks to determine the lowest bidder (L-1) after the bids are opened. "Huge amounts of mathematical and data verification of the lifecycle costs of operating the jets over a 40-year period, with 6,000 hours of flying, as well as cost of ToT (transfer of technology) will have to be done,'' he added. Final commercial negotiations with the L-1 vendor will then begin before the contract is ready for signing by early-2012.
Under terms of the tender the winner is to invest 50 percent of the contract in jets production in India. The first 18 fighters will be imported, while another 108 will be manufactured by Hindustan Aeronautics, the paper said.
aha........…How will the Indian people keep the usual suspects – i.e. foreign agents-&-Indian politico scamsters out of this “BIG” purchase ! ...............This is one Pandora’s box waiting to be pried open.
***I am betting on the French coming out up ahead solo on this huge bid. Lets see.
Charlie Brown
Saturday, October 22, 2011
Sunday, October 9, 2011
Mongolia’s pot full of 46 million ounces of gold.
New Post (204) : Mongolia’s pot full of 46 million ounces of gold.
The gold rush is ON. For the Mongolian pot of gold.
Oyu Tolgoi is the world's largest undeveloped copper-gold project and is located in the South Gobi region of Mongolia, approximately 550 km south of the capital, Ulaanbaatar, and 80 km north of the Mongolia-China border.
The comprehensive Oyu Tolgoi Investment Agreement took effect March 31, 2010, following confirmation by the Government of Mongolia that procedural and administrative conditions contained in the Investment Agreement had been satisfied within the allocated six-month period that has followed the agreement's official signing in October 2009. The comprehensive Investment Agreement now has taken full legal effect.
On October 6, 2009, Ivanhoe Mines and Rio Tinto signed a long-term, comprehensive Investment Agreement with the Government of Mongolia for the construction and operation of the Oyu Tolgoi copper-gold mining complex. The agreement creates a partnership between the Mongolian Government -- which acquired a 34% interest in the project -- and Ivanhoe Mines, which retained a controlling 66% interest in Oyu Tolgoi. Global miner Rio Tinto, which joined Ivanhoe Mines as a strategic partner three years ago, presently holds a 49% interest in Ivanhoe Mines.
Based on Ivanhoe Mines' discoveries at Oyu Tolgoi during the past nine years, independently verified estimates indicate that Oyu Tolgoi contains approximately 81 billion pounds of copper and …46 million ounces of gold in measured, indicated and inferred resources.
The gold rush is ON. For the Mongolian pot of gold.
Charlie Brown
The gold rush is ON. For the Mongolian pot of gold.
Oyu Tolgoi is the world's largest undeveloped copper-gold project and is located in the South Gobi region of Mongolia, approximately 550 km south of the capital, Ulaanbaatar, and 80 km north of the Mongolia-China border.
The comprehensive Oyu Tolgoi Investment Agreement took effect March 31, 2010, following confirmation by the Government of Mongolia that procedural and administrative conditions contained in the Investment Agreement had been satisfied within the allocated six-month period that has followed the agreement's official signing in October 2009. The comprehensive Investment Agreement now has taken full legal effect.
On October 6, 2009, Ivanhoe Mines and Rio Tinto signed a long-term, comprehensive Investment Agreement with the Government of Mongolia for the construction and operation of the Oyu Tolgoi copper-gold mining complex. The agreement creates a partnership between the Mongolian Government -- which acquired a 34% interest in the project -- and Ivanhoe Mines, which retained a controlling 66% interest in Oyu Tolgoi. Global miner Rio Tinto, which joined Ivanhoe Mines as a strategic partner three years ago, presently holds a 49% interest in Ivanhoe Mines.
Based on Ivanhoe Mines' discoveries at Oyu Tolgoi during the past nine years, independently verified estimates indicate that Oyu Tolgoi contains approximately 81 billion pounds of copper and …46 million ounces of gold in measured, indicated and inferred resources.
The gold rush is ON. For the Mongolian pot of gold.
Charlie Brown
Sunday, October 2, 2011
Alessio Rastani - on BBC
New Post (203) : Alessio Rastani - on BBC
Thus spake the trader.
What Alessio Rastani was saying is that …
… all of you people out there waiting for your government to come and rescue you, know that - they won't because the government works for the banks who control them.
The banks rule the world the governments are just there working for them.
Banks are working against the general population. It is a completely asymmetric warfare.
A candid admission indeed by one who has – “worked the system”.
Charlie Brown
Thus spake the trader.
What Alessio Rastani was saying is that …
… all of you people out there waiting for your government to come and rescue you, know that - they won't because the government works for the banks who control them.
The banks rule the world the governments are just there working for them.
Banks are working against the general population. It is a completely asymmetric warfare.
A candid admission indeed by one who has – “worked the system”.
Charlie Brown
Thursday, September 29, 2011
Chinese Vegas in Laos !
New post (202) : Chinese Vegas in Laos !
Is this what Laos needs ? Really !
A new Chinese city being built in northern Loas on the Mekong River across from Thailand, may become the new Chinese Vegas. Kapok city, which currently can’t be found on any maps will feature casinos, hotels, an international airport, up to six golf courses, residences, shopping malls, markets, restaurants, and bars. The 25,000 acre area was leased by the Laotian government to a Chinese business group for 100 years, and although the city is technically in Laos the currency used is Chinese RMB and the official language is Mandarin. Currently, most tourist to the area are Chinese, but hopes are to attract more Western and Southeast Asian tourists. The city is expected to become the second largest city in Laos, bigger then the world heritage city of Luang Prabang, and a bigger gambling destination then the current hotspot of Macau.
Is this what Laos “really” needs !!!
Charlie Brown
Is this what Laos needs ? Really !
A new Chinese city being built in northern Loas on the Mekong River across from Thailand, may become the new Chinese Vegas. Kapok city, which currently can’t be found on any maps will feature casinos, hotels, an international airport, up to six golf courses, residences, shopping malls, markets, restaurants, and bars. The 25,000 acre area was leased by the Laotian government to a Chinese business group for 100 years, and although the city is technically in Laos the currency used is Chinese RMB and the official language is Mandarin. Currently, most tourist to the area are Chinese, but hopes are to attract more Western and Southeast Asian tourists. The city is expected to become the second largest city in Laos, bigger then the world heritage city of Luang Prabang, and a bigger gambling destination then the current hotspot of Macau.
Is this what Laos “really” needs !!!
Charlie Brown
Friday, September 23, 2011
Way forward for - Emerging economies
New Post (201) : Way forward for - Emerging economies.
One view is that …
Emerging-market economies have more policy tools leverage available to them than advanced economies presently do.
Hence, they should ease monetary and fiscal policy. (with a sharp eye on inflation)
For growth---BRIC ( & other emerging) Countries, should accelerate reforms, in order to - boost domestic demand and consumption.
The International Monetary Fund and the World Bank should be used as lender of last resort by emerging markets.
At this time - Chasing the exports oasis is just that - an oasis. (a mirage !)
This is a good time to "build capacity" that is focused on "serving domestic markets".
[ In severe weather stay indoors and use the time and opportunity to improve your knitting skills. ]
Charlie Brown
One view is that …
Emerging-market economies have more policy tools leverage available to them than advanced economies presently do.
Hence, they should ease monetary and fiscal policy. (with a sharp eye on inflation)
For growth---BRIC ( & other emerging) Countries, should accelerate reforms, in order to - boost domestic demand and consumption.
The International Monetary Fund and the World Bank should be used as lender of last resort by emerging markets.
At this time - Chasing the exports oasis is just that - an oasis. (a mirage !)
This is a good time to "build capacity" that is focused on "serving domestic markets".
[ In severe weather stay indoors and use the time and opportunity to improve your knitting skills. ]
Charlie Brown
Wednesday, September 14, 2011
PopXplosion
New Post (200) : PopXplosion
Population is on the world's radar as we near the October 31 milestone of a world with 7 billion people.
Alarming..............................
Charlie Brown
Population is on the world's radar as we near the October 31 milestone of a world with 7 billion people.
Alarming..............................
Charlie Brown
Tuesday, September 13, 2011
The Asian Tuk Tuk in Europe now
New Post (199) : The Asian Tuk Tuk in Europe now
Who else but the Dutch………..(well done)……….
A Dutch company, Tuk Tuk Factory, has launched the first fully electric version of the well known three-wheel Asian auto rickshaw - the Tuk Tuk - to the European market.
The market introduction of the flamboyant and green Tuk Tuk took place on October 19th at eCarTec 2010 in Munich, Germany, Europe's largest international trade fair on electric mobility.
Tuk Tuk Factory is the first to develop and to obtain European Type approval for 3 models of its electric vehicle.
The company can deliver a 3-seater, a 6-seater and a cargo version to all EU countries, priced competitively in between 11,000 and 14,000 Euros.
The company is seeking European partners for sales and distribution.
To meet the regulatory requirements and consumer tastes of the European market, the vehicle has been redesigned from scratch.
For over a year, several electric retrofit prototypes were road tested in Amsterdam and Rotterdam.
From these tests Tuk Tuk Factory determined that giving drivers the freedom of an 8-hour city cycle was the most important success factor for the vehicle.
A 15kWh lead acid battery drives the silent and maintenance free AC motor. The chassis has been designed to carry the 400 kilos battery.
Unlike many small city Electric Vehicles, the Tuk Tuk's huge battery is sufficient for up to 80 kilometers of driving. It has a charge time of 11 to 12 hours.
The classic Asian gasoline version of the Tuk Tuk - a staple of public transportation on the crowded streets of cities in the developing world - does not meet the environmental, quality and safety requirements of the European market.
But the electric Tuk does.
The vehicle is silent, Zero Emission, low-cost and ideal for short rides in the city.
It's also fun to drive.
This makes the electric Tuk Tuk a mobile advertising billboard.
The vehicle not only saves money in terms of fuel costs per kilometer, but will add revenue through its advertising potential.
The vehicle differentiates itself through the combination of being green and being fun.
The electric Tuk Tuk will in the main be operated as a city shuttle or event vehicle, or as a city cargo carrier.
So shall we raise a toast - “Tuk Tuk Europa” - to that ! (ha ha ha)
Charlie Brown
Who else but the Dutch………..(well done)……….
A Dutch company, Tuk Tuk Factory, has launched the first fully electric version of the well known three-wheel Asian auto rickshaw - the Tuk Tuk - to the European market.
The market introduction of the flamboyant and green Tuk Tuk took place on October 19th at eCarTec 2010 in Munich, Germany, Europe's largest international trade fair on electric mobility.
Tuk Tuk Factory is the first to develop and to obtain European Type approval for 3 models of its electric vehicle.
The company can deliver a 3-seater, a 6-seater and a cargo version to all EU countries, priced competitively in between 11,000 and 14,000 Euros.
The company is seeking European partners for sales and distribution.
To meet the regulatory requirements and consumer tastes of the European market, the vehicle has been redesigned from scratch.
For over a year, several electric retrofit prototypes were road tested in Amsterdam and Rotterdam.
From these tests Tuk Tuk Factory determined that giving drivers the freedom of an 8-hour city cycle was the most important success factor for the vehicle.
A 15kWh lead acid battery drives the silent and maintenance free AC motor. The chassis has been designed to carry the 400 kilos battery.
Unlike many small city Electric Vehicles, the Tuk Tuk's huge battery is sufficient for up to 80 kilometers of driving. It has a charge time of 11 to 12 hours.
The classic Asian gasoline version of the Tuk Tuk - a staple of public transportation on the crowded streets of cities in the developing world - does not meet the environmental, quality and safety requirements of the European market.
But the electric Tuk does.
The vehicle is silent, Zero Emission, low-cost and ideal for short rides in the city.
It's also fun to drive.
This makes the electric Tuk Tuk a mobile advertising billboard.
The vehicle not only saves money in terms of fuel costs per kilometer, but will add revenue through its advertising potential.
The vehicle differentiates itself through the combination of being green and being fun.
The electric Tuk Tuk will in the main be operated as a city shuttle or event vehicle, or as a city cargo carrier.
So shall we raise a toast - “Tuk Tuk Europa” - to that ! (ha ha ha)
Charlie Brown
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