Revelation of 2020 Euro Cup hosts,

18 09 2014
India’s successful mission to Mars, Earth’s future on agenda of biggest climate conference a

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World news, one week ahead
Friday 19 September 2014, 1 day from now
The United European Football Association (UEFA) announces the 13 cities that will host the Euro cup 2020. A total of 19 associations submitted their bid dossiers earlier this year.In light of the 60th anniversary of the tournament, matches will be played across the continent with only one venue per ..
Saturday 20 September 2014, 2 days from now
Oktoberfest is a 16–18 day festival held annually around the world, running from late September to the first weekend in October. It is one of the most famous events in Germany and the world’s largest fair, with more than 5 million people attending every year. The celebration commonly features..
Sunday 21 September 2014, 3 days from now
People gather to protest against government policies affecting the climate and to push for a change, in what is claimed to be the “largest climate march in history”. The event is organized in anticipation of the United Nations’ Climate Summit on September 23, where world leaders have been..
Monday 22 September 2014, 4 days from now
Nigeria re-opens schools across the country in the wake of the Ebola virus outbreak in West Africa, the largest ever outbreak in modern history.   According to the Nigerian Medical Association (NMA), the date of re-opening is “scientifically” acceptable. However, teachers have threatened t..
Tuesday 23 September 2014, 5 days from now
UN Secretary-General Ban Ki-moon hosts the UN Climate Summit. The meeting is aimed at gathering political support for negotiations that must lead to a global emission cutting deal by 2015.The Climate Summit is attended by US President Barack Obama, UK Prime Minister David Cameron and some ..
Wednesday 24 September 2014, 6 days from now
India’s flagship Mars Orbiter Mission reaches a new phase as the Mangalyaan spacecraft reaches the orbit of Mars. The craft lifted off towards the Red Planet on November 5, 2013. During its mission a probe is sent to the planet’s atmosphere where it searches for methane. Ind..
Thursday 25 September 2014, 7 days from now
Gambian President Yahya Jammeh faces a deadline today to make a decision whether to pass or to ban a bill, approved by the national assembly, introducing “aggravated homosexuality” as a crime punishable in some cases by life in prison.Amnesty International and Human Rights Watch h..
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Federal Reserve announces further tapering of Asset Purchases to US$15bn  

18 09 2014

  

 

 

Keeps Interest rate unchanged at 0.25%; US economy is projected to grow between 2% and 2.2% for 2014

 

The FOMC (Federal Open Market Committee) an arm of Federal Reserve Bank, has announced to cut-down its monthly bond purchases to US$15bn from US$25bn, while reducing the range of growth projections between 2% and 2.2% for 2014. The Federal Reserve confirmed its commitment to keep interest rates near zero for a “considerable time” after asset purchases are completed as the economy is expanding at a moderate pace and inflation is below its 2% goal.

 

FOMC has announced to continue tapering in its bond-buying program, reducing its monthly asset purchases to US$15bn from US$25bn. Beginning in October, the Committee will add to its holdings of agency mortgage-backed securities at a pace of US$5bn per month rather than US$10bn per month, and will add to its holdings of longer-term Treasury securities at a pace of US$10bn per month rather than US$15bn per month. The FOMC currently judges that there is sufficient underlying strength in the broader economy to support ongoing improvement in labor market conditions. In light of the cumulative progress toward maximum employment and the improvement in the outlook for labor market conditions since the inception of the current asset purchase program, the FOMC has decided to make a further measured reduction in the pace of its asset purchases.

 

To support continued progress toward maximum employment and price stability, the FOMC has reaffirmed its view that a highly accommodative stance of monetary policy remains appropriate. In determining how long to maintain the current 0.0% to 0.25% target range for the federal funds rate, FOMC will assess progress, both realized and expected, toward its objectives of maximum employment and 2% inflation.

 

The FOMC has downgraded its economic projections for 2014 and 2015 from the estimates made previously in the month of June. As per latest estimates, US is expected to grow between 2% to 2.2% for 2014, compared with a June forecast of 2.1% to 2.3%. In 2015, the US economy is forecasted to grow between 2.6% to 3%, compared to 3% to 3.2% growth forecast in June 2014. The unemployment rate is forecasted between 5.9% and 6% for 2014, compared to 6% and 6.1% forecast in June 2014. The revised estimate for PCE (Private Consumption Expenditure) inflation rate is 1.5% and 1.7% for 2014, which is in line with June’s PCE inflation figures.

 

                   Economic Projections for USA – Federal Reserve Bank                                                (%)

  Central tendancy1
Variable 2014 2015 2016 2017
Change in real GDP 2% – 2.2% 2.6% – 3% 2.6% – 2.9% 2.3% – 2.5%
June projections 2.1% – 2.3% 3% – 3.2% 2.5% – 3% n.a
Unemployment rate 5.9% – 6% 5.4% – 5.6% 5.1% – 5.4% 4.9% – 5.3%
June projections 6% – 6.1% 5.4% – 5.7% 5.1% – 5.5%  n.a
PCE inflation 1.5% – 1.7% 1.6% – 1.9% 1.7% – 2% 1.9% – 2%
June projections 1.5% – 1.7% 1.5% – 2% 1.6% – 2%  n.a

Source : PHD Research Bureau, Compiled from Federal Open Market Committee, Federal Reserve Bank

Note: Data pertains to September 2014 Projections of change in real gross domestic product (GDP) and projections for both measures of inflation are from the fourth quarter of the previous year to the fourth quarter of the year indicated. PCE inflation is the percentage rates of change in the price index for personal consumption expenditures (PCE). Projections for the unemployment rate are for the average civilian unemployment rate in the fourth quarter of the year indicated. Each participant’s projections are based on his or her assessment of appropriate monetary policy. Longer-run projections represent each participant’s assessment of the rate to which each variable would be expected to converge under appropriate monetary policy and in the absence of further shocks to the economy. The June projections were made in conjunction with the meeting of the Federal Open Market Committee on June 17–18, 2014.

  1. The central tendency excludes the three highest and three lowest projections for each variable in each year.
  2. The range for a variable in a given year includes all participants’ projections, from lowest to highest, for that variable in that year.

 

In addition, the FOMC has expressed its intention to implement the following key elements, when appropriate, for the normalization of its monetary policy stance:

 

  • The FOMC will determine the timing and pace of policy normalization – meaning steps to raise the federal funds rate and other short-term interest rates to more normal levels and to reduce the Federal Reserve’s securities holdings – so as to promote its statutory mandate of maximum employment and price stability.
  • The FOMC intends to reduce the Federal Reserve’s securities holdings in a gradual and predictable manner primarily by ceasing to reinvest repayments of principal on securities held in the System Open Market Account (SOMA).
  • The FOMC intends that the Federal Reserve will, in the longer run, hold no more securities than necessary to implement monetary policy efficiently and effectively, and that it will hold primarily Treasury securities, thereby minimizing the effect of Federal Reserve holdings on the allocation of credit across sectors of the economy.
  • It is prepared to adjust the details of its approach to policy normalization in light of economic and financial developments.

 





NAPM condemns assault on students of Jadavpur University

18 09 2014

 

On 17th September 2014, students of Jadavpur University were brutally assaulted by Police personnel with assistance from local goons. This unlawful assault was showered upon the students in response of their peaceful protest against the authorities of Jadavpur University to address gender sensitiveness in the campus. Male police officers started beating the students by turning the lights off in the campus at 2 a.m. while the students were still protesting peacefully against the authorities of Jadavpur University. One student was taken into ventilation, 2-3 were taken in intensive care, tens of them have broken knees, arms, fingers, several have back, shoulder and body bruises from baton charging, women students were openly groped, molested, dragged, kicked on their stomach, stomped by boots, punched, walked over by male police and male goons. Some had their dress torn, some had their glasses broken, some had their laptop thrashed, phones broken. It has also come to light that the police and the goons have given rape threats to women students. One female student was dragged by her hair while her dress was lifted and she was thrown into the police van by 4 bouncers in civil dress. Throughout this entire process not a single women police officer was present at the scene of the incident.

 

This brutal violence came as a crackdown on a one-week long peaceful sit-in demonstration by the Jadavpur University students, demanding a fair and unbiased probe and punishment of alleged perpetrators in a case of an alleged molestation of a female student on 28th August in the university premises. The affected student filed both a sexual harassment complaint with the University';s Internal Complaints Committee (ICC) and an FIR with the Jadavpur Police Station. The students of Jadavpur University were united on this issue and demanded that the identified alleged perpetrators should be arrested based on the prima facie complaint against them or they should be at least expelled from the hostel and campus. But according to them more than two weeks have passed but neither of the complaints has led to any redressal. Furthermore, it is also alleged by the victim and the students at large that members of the ICC had indulged in victim-blaming by asking the affected student about her dress and state of sobriety on the day of the incident. The authorities of Jadavpur University are treating the molestation case as one of ‘indiscipline'; and not gender violence! This has led to them bringing rules for tightening surveillance on campus!

 

National Alliance of People’s Movements strongly condemns the misuse of police powers who have acted in an ultra vires manner. The action of the police is highly prejudicial as they have inflicted injury on the students who were protesting peacefully. The action of the police is also beyond their legal authority and violative of section 46(1), 46(4), section 49 and 129(2) of CrPC.  Moreover this action has led to the infringement of the fundamental rights of the students guaranteed under the Constitution of India. We demand that all the matters between the students and authorities be resolved with proper dialogue, without any interference of police or local goons. We also strongly demand that the case of molestation filed by the female student be properly investigated, so that justice is ensured.  

 

 

Amitava Mitra                        Sujato Bhadra                         Rahul

Madhuresh Kumar                   Meera                                Kanika





Prime Minister';s disappointing response on Chinese incursions 

18 09 2014

 

Even as the Indian forces face hostile incursions at the Line of Actual Control, the BJP led Government is busy extending a red carpet welcome to Chinese President Xi Jingping.

The Aam Aadmi party is disappointed that the Prime Minister did not use the word incursion in his press conference while referring to intrusion by the Chinese forces. The government should also tell the nation whether Chinese President gave any assurance on the issue when the Prime Minister raised it during their talks.

The Aam Aadmi Party expresses its concern over the situation at the LAC and over mishandling of the situation by the government. The Aam Aadmi Party feels that Modi Government must immediately make its stand clear on the issue of provocative incursions by the Chinese Army, especially at a time when their head of the state is on a visit to India.
As the Chinese Army has deliberately chosen the timing to embarrass India, the government is duty bound to articulate its position on the issue now, without any further delay.
We also want to remind the BJP and the government that their leaders were very vocal on the issue when they were in opposition and tone and tenor of these leaders has completely changed after assuming power. What shocks us the most is the fact that first the Home Minister of the country sought to underplay the issue and now the Prime Minster refrained from using the word incursion while referring to the issue.
Regards,
AAP Media cell




Mumbai’s top 12 schools qualify for the Semi-Finals of the Smaaash Master Blaster

18 09 2014

Mumbai’s top 12 schools qualify for the Semi-Finals of the Smaaash Master Blaster School Cricket Championship

 

18th September 2014: On the 4th Day of the Smaaash Master Blaster School Cricket Championship, Arjun Tendulkar scored 118 from 42 deliveries to guide his team Dhirubhai Ambani International School into the semi-finals of the U-16 boy’s category.

 

The championship follows a knock-out format and is organised for both boys (U-14, U-16) and girls (U-16). The semi-finals and finals of the second edition of the simulator inter-school championship will be held tomorrow, 19th September at Smaaash.

 

The top 12 schools to battle it out tomorrow will be B.A.K Swadhyay Bhavan, M.D.Bhatia Eng. Medium High School, Anjuman-I-Islam Allana English Med, Sulochanadevi Singhania School, IES.V.N.Sule Guruji English Medium School, Raja Shivaji Vidyalaya (Hindu Colony), Don Bosco School (Matunga), Dhirubhai Ambani Int. School, St Columba School in the U-14, U-16 category. St Josephs (Bandra), Shree Amulakh Amichand Bhimji Vidayalaya and Raja Shivaji Vidyalaya (Hindu Colony) in the U-16 girls category.





K lnTourismus GmbH

18 09 2014
FORUM Newsletter September 2014
From: K lnTourismus GmbH <presse@koelntourismus.de> Thu, 18 Sep ’14 4:26p
To: You
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Dear partners and friends of Cologne,
At the beginning of October, the media city of Cologne will create headlines as prominent directors, film producers and TV experts come together at the COLOGNE CONFERENCE. Meanwhile, art lovers can look forward to fantastic exhibitions. The Museum Ludwig will dazzle visitors with pop art, and the Museum of East Asian Art will be devoted to works by Paul Klee.
Connoisseurs of fine food will also be drawn to Cologne by events such as the eat&STYLE food festival in late October.
We hope to see you at one of these events.

Kind regards,

Josef Sommer

COLOGNE CONFERENCE — leading film and television festival
One of Germany’s most important media events will take place in Cologne from 5 to 10 October 2014. The COLOGNE CONFERENCE is one of the leading festivals for outstanding television productions and independent films. Directors such as Lars von Trier and Bertrand Tavernier will be on hand to receive awards.
Potential in the Indian market
The Cathedral, the museums and 4711 were the classic Cologne topics that India’s travel industry was particularly interested in at an event staged by the German National Tourist Board in three Indian cities. The growing number of visitors from India shows that the country has significant tourism potential.
The eat&STYLE gourmet festival
From 24 to 26 October 2014, the Cologne exhibition halls will be transformed into a temple of pleasure for devotees of good food. eat&STYLE, Germany’s largest food fair, will take place in Cologne for the ninth time, providing visitors with information about the latest trends in food prepared in cooking pots, in baking ovens and on barbecue grills.
Upcoming exhibitions
The Museum Ludwig will be devoted to pop art beginning on 2 October 2014. In an exhibition titled “Ludwig goes pop”, the museum will present the world’s most important pop art collection outside the USA. Beginning on 18 October 2014, an exhibition at the Museum of East Asian Art will showcase Paul Klee and his relationship with the Far East.
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KölnTourismus GmbH
Kardinal-Höffner-Platz 1
D – 50667 Köln

Tel.: +49(0)221.34643-0
Fax: +49(0)221.34643-59429

presse@koelntourismus.de

CEO: Josef Sommer

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Value Added Tax Act: DE 236348173
Office and register court: Köln
Commercial register number: HRB 53248





INVITATION – TRANSPORT DISCUSSION: BICYCLING IN DELHI 30 SEPT

18 09 2014
INVITATION – TRANSPORT DISCUSSION: BICYCLING IN DELHI 30 SEPT
From: Mahesh Gaur <maheshgaur@gmail.com> Thu, 18 Sep ’14 3:03p
To: Geetam Tiwari <geetamt@gmail.com>
Show full Headers
You are invited at the next discussion on  “Bicycling in Delhi” which will be held on 30th September 2014 at Gulmohar Hall, India Habitat Centre, New Delhi.
We are awaiting your presence with your friends and colleagues at 7:00pm on 30th September. Background of the discussion attached for your advance information.
Please make it convenient.

​Geetam Tiwari
Professor & Coordinator
TRIPP, IIT Delhi


Mahesh Gaur
Project Officer
TRIPP, IITD
91-11-26596361; (F): 26858703
http://tripp.iitd.ernet.in








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