Saving the House Through Debt Consolidation

May 28th, 2010
Peter Frost asked:




Has the feeling of impending financial doom been a part of your daily awakening? If you feel like you’re in over your head with a personal debt load that even Arnold Schwarzenegger would have trouble lifting off his shoulders then you are definitely not alone in this feeling and reality.

Recession Blues

As it stands now millions of Americans as well as Canadians have become over-extended and the ongoing recession has not helped that issue one single bit. What is happening is that as jobs have melted away the debts have not and in the United States of America, at least, the banks have been bailed out by the trillions or whatever other silly number that stood up there that we can hardly fathom but the individual worker has had little relief. The bottom-line is that you may lose your home to either eviction or foreclosure if you don’t begin to dig straight out and dig fast!

Tough Road to Hoe

We understand what you’re up against and it is not easy and no one ever said that it would be. You probably feel slighted and angry at the world since you did not benefit one iota from what they say caused this global recession, the giving of loans to individuals that in no way in the world could afford to have that degree of mortgage. You may even find that hard to believe that the industry alone could be brought to its knees on a global scale by loan originators granting home loans (mortgages) to individuals that could not pay them back. Believe it as that is exactly what has happened. The analogy of a stone that is thrown into a pond and the ripples went all the way to Beijing. Now we are dealing with this ripple effect as the waves come back as tsunami sized hits on every level of not only the United States economy but also all of North America’s economy including Canada and Mexico.

Debt Consolidation to the Rescue

How do you get out of this financial debt issue mess and how do you save the house in the process? You research and research well the industry of debt consolidation and see if a debt consolidation loan is the life-preserver that you need and need right away. Just as the ripple effect spreads out across the world so does the effect of not being able to adequately pay all of your debts each and every month. The most important factor is always keeping a roof over the family’s heads and this normally falls squarely on the shoulders of you, the bread-winning male husband and father. You are up to the challenge and with the assistance and the guidance of a debt consolidation professional firm you too can be feeling like a million bucks as soon as the contract is signed and the creditors out on notice.

Debt Consolidation Advice

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China Business Travel: Things to Remember

May 18th, 2010
Dylan Sun asked:




Business in China has its own rewards and why not? China business is the fastest growing economy in the world, far more than those of the Western democracies. There has been a big rise in the foreign investment in China business and it is ranked second after British, to be visited for business deals, in global sourcing.

This increased reputation of China business has led to the installation of improved facilities for foreigners traveling to China. The fact is revealed by the existence of high class hotels in all the major cities of China, and above all the improved conditions of roads and airports.

The biggest and the only hindrance in China import and export till date has been the linguistic and cultural differences due to which a lot many mistakes have been committed by a lot many people in China business.

For your convenience we have listed certain things that should be remembered while traveling in this country. Some of them are:

Research properly: Our past experience tells us that there were not many sources to get information from global sourcing about China business. But now there is a vast amount available which you can access even at your home by using online modes as it provides assistance in China business and import and export process.

Try to avoid conflicts: Preserving your own dignity in global sourcing as well of other people is the basic requirement of China business and even beyond China. So, try to avoid any type of conflict when you are traveling to China for business. This can prove to be really useful when you are dealing with board meetings as well as during your travel.

Don’t rush for anything: When you do, do it Chinese way. They are very quiet people, particularly during conversation. So, when something is asked during the meeting, take your time or else you will miss something very interesting in China business and China export and import.

Prefer your own interpreter: The private interpreter is of great help in the business tour in China. This is because the expert not only interprets what is said during a meeting in China business but can also make you understand afterwards what you were not able to make or what was not translated properly.

Some other important things about import and export are important to remember when you are going to enter into China business and are planning your tour. It includes a fact that the names in Chinese culture are called in the reverse form from, unlike in English. Avoid any talk about China business during private gatherings. If you are given a business card by someone, take it with due respect. Bowing was an old tradition in China. So, avoid it when you meet someone during your tour to China business. Remember the teachings of your parents and be polite.



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Australia iron ore negotiations on April 1 the results difficult

May 1st, 2010
betty asked:


3 22, Rio Tinto and its annual global CEO Aibo Iron ore Welsh said the company president, estimated that on April 1, and Baosteel’s iron ore negotiations will be difficult to reach an agreement. Rio Tinto believes that the current iron ore prices in 2008 has reached 65% -71% price increases did not reflect the cost advantage of Australian mining and shipping cost advantage factor, therefore, companies have the patience to wait for the outcome of the negotiations with China.

Rio Tinto not to give up compensation for sea freight

This year on April 1, Rio Tinto and Baosteel’s iron ore negotiations will result?

Wales, president of Rio Tinto iron ore to the press a less optimistic response, “said the negotiations, today is already March 22, and the new year is the April 1 start, I suspect on April 1 days before the agreement can be reached, but in this matter we have been optimistic. In the past we have seen, some of the negotiations until the end of June only. Therefore, in this regard, we are very patient, and hope to see the market eventually to realize that the value of this area. “

Not accepted for Rio Tinto’s iron ore price agreement has been reached because, Wales told reporters, “This year we have seen, Japan’s Nippon Steel and CVRD in Brazil the first agreement, the price of iron ore increased from 65 %? 71%. We do not accept this price agreement, because the magnitude of price increases, did not reflect market fundamentals, that demand is very strong and very tight market, a fundamental; also does not reflect from Australia to China’s iron ore is the lowest cost, and do not reflect our freight advantage factor. “

However, Rio Tinto asked to be compensated sea freight means the collapse of the original negotiation mechanism, this idea has not been China’s consent. Wales also admitted that the negotiations may be more difficult.

Bet-than-expected Chinese steel production China Digestion Increment of global iron ore 90%, the absolute use of the global iron ore production accounts for 50% of China’s economic growth rate in 2008 dropped to 8% will not affect Steel Development of the industry to significantly reduce iron ore demand?

In Rio Tinto said the global CEO Aibo, in 2008, Chinese steel production may be lower than in 2007, this is because China 2008 GDP growth is expected to be lower than in 2007. But even so, the demand for steel in China is more than Rio Tinto iron ore capacity expansion. China’s urbanization process needs a lot of steel. In addition, like India, Brazil, the Middle East region is growing demand for iron ore. On Rio Tinto, the most important consideration is to try to meet the demand, to meet the rapid development of the iron ore needs.

Globally, Rio Tinto’s 220 million tons from the present to expand production to 320 million tons in 2013, after which will expand production to 4.2 million tons and 600 million tons of the plan. Since 2003, Rio Tinto has decided to invest in the expansion on the amount of iron ore has reached 75 billion dollars. Rio Tinto in determining when a massive expansion plan, one aspect is to see China in 2003, China for steel demand forecasts. At that time people’s forecasts are based on about China’s steel production up to 250 million tons, very few people to 300 million tons as the base of the forecast. The outcome is that China’s steel industry as well as China’s economy than their own was the most optimistic estimates are good people. In 2007, China’s steel production has more than 480 million tons in 2008, is expected to reach 520 million tons or even 550 million tons.

Spot ore prices will not be turning point

Now, many international iron and steel sector forecast iron ore prices surged this year after or next will appear in the second half of the spot price and the price of a long association inversion phenomenon in China this year Steel Exports will fall sharply, which also affect the demand for iron ore.

Global Negotiations

Can American Businesses Survive In The Global Economy?

March 4th, 2010
Murad Ali asked:




The American economy can go either way according to most newspapers and television commentaries. The experts say that we have a 50% chance of going into a recession while some say we have almost no chance. Trying to decipher their confusing messages can be difficult. That leaves most American businesses unsure of what the future holds for them. Are they still going to be able to compete or are they going to suffer a slow and painful decline downwards. The best way to answer that question and determine how to improve the business environment is to look at the American businesses strengths and weaknesses.

Success and failure is all about strengths and weaknesses. When we rationally see the strengths and compare them against the strengths or weaknesses of other countries we can better determine our chances of success. It is almost the same as when you bet on two boxers one of which has endurance and the other one quickness. The one you feel will win depends in part on how you see the situation. If you feel the quickness will take out the opponent in the first few rounds then he is the better bet but if you feel that the two boxers are going the distance then endurance counts.

Looking at the American business world and comparing it to the challengers you can also see better who is going to win in the end. We know that the world is a high-tech place where efficiency and cost matter. The one who produces the cheapest products is likely to win as long as their products have reasonable quality and don’t break down often. With Chinese cheap products and America’s high quality both countries will need to come closer to the middle.

Strengths of American Businesses:

High Technology: Powerful and growing businesses require email, Internet, cell phones, computers, robots and more. The technological advances of the U.S. are difficult to surpass and few countries even come close. American businesses can grow simply because they can manage different international locations as though they were a block away. Few foreign countries can do this. In addition, America also has the ability to develop and implement modern technology like robotic arms and complex systems that increase productivity.

Power Supply: China is attempting to get its hands on as much natural resources and energy as possible. The U.S. is also doing this but is much further in the game. While the U.S. is moving towards alternative energy supply and thinking beyond fossil fuels China is still trying to accumulate basic energy. American businesses have no problem with black outs, rolling power outages or a lack of energy. This is a benefit because their environment becomes predictable.

Strong Law Enforcement: It may seem silly and out of place but a strong law enforcement system helps to keep the business environment fair and equitable. When businesses can be cheated when making partnerships, employees embezzle and politicians bribed there is lots of risks built into the environment. Businesses want to know there is a deterrent and opportunity to regain what is lost through unfair practices. You will find that China as well as most nations outside of Europe or the U.S. has difficulty curbing crime.

Sound Fiscal Policy & Self Adjusting Markets: American policy makers have been generally concerned with how well the economy is doing. The democratic system allows the population to remove senators, presidents and congressmen out of office when they are not producing results. Therefore, a single politician can complete little damage in a single term. When small mistakes happen the markets can adjust themselves by offering something new that makes money. For example, if people demand companies to reduce pollution then these consumers will gravitate towards clean businesses while leaving the rest of the businesses behind.

Weaknesses of the American Business:

Poor Public Education: The American education system is declining and children are falling behind much of the world in terms of science, languages, math, and more. The advancement of these core subjects are important for the improvement of society as the new high-tech world will need scientists and technology workers like never before. However, as we keep allowing skilled workers to immigrate our school systems are falling behind only because there is little direction and lots of politics.

High Labor Costs: Workers are cheaper then they are in other countries. The problem in the U.S. is that companies aren’t getting what they are paying for. The average high school graduate is barely able to grasp the concepts of a manufacturing business let alone work within it while the government raises the minimum wage. A Chinese worker is able to press a button like the American worker but for about 1/10th the cost. Only productivity will make the American worker worth his/her wages.

Taxes: American businesses pay a lot of money in taxes while companies from other countries may pay a lot less. The taxes in American businesses are simply extra overhead that must be pulled from the cost of the product. In a tight economy where people don’t want to pay extra the cheaper products (with less tax burden) will win out. Have you ever wondered what happened to the television and radio producers in the U.S.?

International Policy: America has come to mean, “bully” to many people overseas. To thwart America’s power is a sign of resolve and fashion. As our politicians continue to play favorites with countries that violate international law, demand compliance with American desires and try and finagle other countries its reputation declines. A bad reputation means that both international businesses and whole countries may not only distrust us but prefer to do business with someone else.



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Internet Piracy of the Nations – Piracy Law Treaty Negotiations

February 22nd, 2010
Stephen Watson asked:




Internet piracy disrupts economic growth across the continents. How nations react to Internet piracy could well define the future economic health of a nation. Piracy laws and copyright infringement laws have reached global attention – and international treaties continue to grow that seek to give credit to the originator and encourage economic gain while still promoting freedom, progress and education.

Copyright laws have existed for centuries but have been weak in international standards. The swell of Internet Piracy clearly advanced the heightening necessity of developing international standards.
In 1994, the General Agreement on Tariffs and Trade (GATT) resulted in the Agreement on Trade Related Aspects of Intellectual Property Rights (TRIPS), which provided a foundation for standards in copyright infringement laws and regulations. Internet piracy law, copyright infringement, and intellectual law were addressed globally at the World Intellectual Property Organization (WIPO), a division of the United Nations, in 1996. As a result, 184 nations have now signed the World Intellectual Property Organization Copyright Treaty – a modern predecessor of the 1883 Paris Convention for the Protection of Industrial Property and the 1886 Berne Convention for the Protection of Literary and Artistic Works.

WIPO strives to develop “a balanced and accessible international intellectual property (IP) system, which rewards creativity, stimulates innovation and contributes to economic development while safeguarding the public interest.” Nations are joining forces to protect the rights of their creative citizens and increase their potential for international economic gain – but not without strife. Many nations still resist the stringent copyright infringement laws of the West. Other nations, such as Canada, develop creative solutions, such as placing a levy on blank CD purchases. However, the US, Japan and the European Union began negotiating towards a tougher Anti-Counterfeiting Trade Agreement (ACTA) in 2007 to combat Internet piracy and toughen piracy law.

The US has substantial financial interest in combating Internet piracy The RIAA, one America’s largest advocates for overhauling the current state of Internet Piracy and Piracy Law, has given the US valid concerns over stifled economic growth due to Internet piracy and copyright infringement – and statistics to support it. The RIAA invested substantial resources to support their strong stance on religious adherences to piracy law. A verified report by the Institute for Policy Innovation (IPA) declared that Internet piracy accounts for a $2.7 billion loss in workers’ earnings and a $131 million in lost corporate income and production taxes – not to mention a loss of $291 million in personal income tax that the US could surely use to offset its deficit.

Internet piracy laws and the definitions of copyright infringement are at the top of international trade agendas across the continents. Piracy law will continue to undergo substantial review as the Internet and other forms of technology progress. The United Nations has already developed task force groups to analyze the Internet-driven economy of the future – and the potential for new and stronger surges of Internet piracy and copyright infringement that will come with it. When the nations can peacefully recognize both state and international copyright protections that give credit to the originator and promote a healthy economy, while still retaining the freedoms of the Internet, then perhaps global trade agreements might run as smoothly as a website visit to a country that’s just an ocean away. Until then, the transitioning copyright infringement and intellectual property agreements will continue to determine the future state of our Internet-driven economy.

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China emerging as global leader- Hilal Ahmad War of Kashmir

February 9th, 2010
Ed. Sheikh GULZAAR asked:




Srinagar: Before the partition there were about a dozen provinces in British India, each locally ruled by a governor under the overall control of the British Viceroy. There were also some centrally administered territories. The British Crown also enjoyed a Paramountcy over six hundred odd princely states under a treaty between them and the government of British-India. Each princely state was in essence a sovereign state in which the British-India government had posted its official ambassadors designated as British President. All these states had given the arrangement of communication and foreign affairs to the British-Indian Government. The Indian Independence Act was passed on 15th July1947 which got royal assent on 18th of July 1947, by virtue of which British-India was partitioned into two dominions i.e. India and Pakistan. The Section 7 (b) part I of Indian Independence Act, 1947 ceases the authority of Maharaja of Kashmir as a ruler. By virtue of the same Section 7 (b) of IIA-1947 all the treaties between the British-Indian Government and the rulers of the princely states got cancelled. Therefore all the princely states of the Indian sub-continent had automatically regained their full-fledged and independent sovereign status. By virtue of Section 7(b) of Indian Independence Act, the accession is illegal, illegitimate and unconstitutional and in violation of the International Law. The document of accession was signed by a state subject of Jammu and Kashmir (Nation), namely Hari Singh in his personal capacity and not as a ruler de-jure.That is why the then Governor General wrote back to Dogra’s that the accession has to be put to the ratification. The constitution of Jammu and Kashmir reserves 24 seats of the legislative assembly for Azad Jammu and Kashmir. There cannot be any constitutional amendment unless those are fulfilled. Even the so-called accession of the state with India cannot be justified on the same analogy. Ratification of accession is necessary for the simple reason that Dogra rule seized on 15 the august 1947.

China respects the aspirations of the people of Kashmir. China has demonstrated its conscience by recognizing Kashmir as a disputed territory which is highly appreciable. The role of China is laudable and an initiation of a new world order. The Chinese stance over Kashmir has laid the foundation of a peaceful world and mutual co-existence. China has opened a new chapter not only in the subcontinent but in world history by recognising the fundamental right of the oppressed. The dynamics of this great and historical decision has opened the Pandora’s Box for warmongers and it has opened a debate at world level among the peace-lovers and thinkers. If Barack Obama wants a change, he must change his foreign policy towards the world in general and China in particular and understand the good intentions of China. This historical and bold decision should be debated at the UNO. This debate will open a tunnel for world peace for which the key lies in the resolution of Kashmir problem. If Barack Obama’s recent statements are to be believed, then America must recognize China as a good friend without fearing that the China is a threat to the American supremacy. Debating the decision of China in the UNO will befriend china and America and America will emerge as a global leader De-Jure. The way China is upholding the golden principles of the United Nations Charter and swallows the bitter pills which originate from United Nations Charter in the interest of international security, peace and justice. The present global scenario leads the China towards a leadership role in the globe. The global developments are taking place so fast that the world is once again marching towards becoming bipolar after the fall of Soviet Russia. Since China is not ambitious to become a superpower but circumstances will ultimately lead China towards world leadership which will balance the power on the globe.

Immediately after Chinese troops had made incursions into Ladakh, the land bounded by two of the world’s mightiest mountain ranges – the Great Himalaya and the Karakoram – the two sides are again involved in a diplomatic spat, this time over China’s issuing of different visas to residents of Kashmir. They have given stapled visas earlier to residents of Arunachal Pradesh, over which China claims its sovereignty .The action is seen by the authorities in New Delhi as an attempt by China to question status of Jammu and Kashmir as part of India. Several people from Kashmir have been left stranded as India and China fight over the nature of visas Indian authorities have lodged official protests with Beijing over a new practice of issuing special Chinese visas for residents of Kashmir. Strategic affairs analysts, Brahma Chellany and Acharya agreed that the visa issue was yet another attempt by China to keep India under pressure for a variety of strategic reasons. “China is opening up pressure points on various fronts to put India on the defensive”, said Chellany.

Acharya felt the Chinese strategy was aimed at pushing India into a corner so that it doesn’t ratchet up other issues, like the long-standing border dispute or Tibet. The forthcoming visit of the Dalai Lama to Tawang in Arunachal Pradesh, to which China has staked claim, is a bone of contention and Beijing has asked New Delhi to have it called off.

China has also been issuing stapled visas to residents of Arunachal Pradesh, saying that the north-eastern Indian state, of which China claims a portion is a disputed territory and that its natives are “Chinese”. External Affairs Minister S M Krishna is likely to raise the issue with his Chinese counterpart Yang Jiechi’s visit to India October 26-27, top sources told IANS. Yang will be here to participate in the trilateral meeting of the foreign ministers of India, China and Russia which will be held in Bangalore.

China’s visa policy has not only triggered diplomatic row but gives a clear signal that Beijing has reservation on the status of Jammu and Kashmir as an integral part of India as claimed by successive Governments of India.

“It is a moral victory for the people of Kashmir that China, a permanent member of the UN Security Council, has been accepting Jammu and Kashmir as a disputed territory,” The Chinese visa issue is not the only recent development to draw international attention to the Kashmir issue. Peoples Political Party (PPP) recognizes China as an ally and a strategic partner of Kashmir. China is the only country which follows the golden principles of United Nations Charter and recognized the plebiscite resolutions passed by United Nation. China has taken a very legal position by recognizing Kashmir’s disputed states and has mustered courage to take practical steps in this direction by issuing special visas to Kashmiris. Muammer Qadafi, the Libyan leader, had, in the course of his speech to the UN General Assembly on September 23, said that Kashmir should be an independent state. “We should end this conflict. It should be a Baathist state between India and Pakistan,” said a statement from the Libyan leader that not only encouraged Kashmiri leaders and parties but also won him local fans. The Organisation of the Islamic Conference (OIC) in a meeting, held in New York on the sidelines of the UN General Assembly session, said that it supported the people of Jammu and Kashmir in “realisation of their legitimate right of self-determination in accordance with relevant UN resolutions and the aspirations of Kashmiri people”. The 56-member grouping also appointed its assistant secretary general, Abdullah bin Abdul Rahman al Bakr, a Saudi national, a special envoy on Kashmir after the meeting of its Contact Group on Kashmir at the UN headquarters. The United Jihad Council, an alliance of Kashmiri freedom groups, welcomes the new visa policy of China, for Kashmiri nationals and said China, being a giant regional power, has a “pivotal role” to play in resolving the Kashmir issue.

M J Akbar, a veteran Indian journalist and author, however, said China did not want war with India, but trade, which is now close to US$60 billion. “There is a rational reason why China has decided to exploit Indian weaknesses and contradictions through rhetoric and provocative gestures on the border and in its Delhi embassy. It seeks to keep India off balance, to the extent it can, at a time of great existential discomfort for its ally Pakistan,” he said. This time there appears to be a coordinated attempt by Beijing and Islamabad to intimidate India, If the turn of events leads to open hostilities India must chose the time and place most advantageous to its own troops rather than be rushed into an unequal contest”.

Indian Defence Analysts says, “Nonetheless, given the heady nature of the season at this time of the year, India should be prepared for aggressive action by its neighbours. This time it is happening in unison with malice aforethought. The signal for it was given when Pakistan Army chief General Ashfaq Kiyani visited Beijing and since then there has been a slow but steady escalation of tension India and her two neighbours. Calls for talks by Pakistan and China are subterfuges and camouflage for their joint intention of destabilizing India using a combination of terrorist and conventional military tactics. For both of them the jehadi organizations that constitute the United Jihad Council are the bedrock of their geopolitics in which Pakistan is the vanguard and the terrorists are their proxies. It is not for nothing that Beijing has invested so much in terms of nuclear weapons and the missiles for delivering them. Pakistan’s nuclear weapons capability is the shield from behind which the terrorist spear is hurled. It is not for nothing that at every occasion Pakistan should harp on its being a nuclear weapons power and that military confrontation could, very quickly, erupt into a nuclear exchange. It is bald-faced nuclear coercion particularly since it is the overtly stated policy of Pakistan to use nuclear weapons at short notice”.

There is a contested border with India, and India has not forgotten its defeat by China in a border row in 1962. China also borders Kashmir and the Indians do not recognise the border agreement the Chinese reached with Pakistan over the section of Azad Kashmir. Although the Chinese and Indian sides have been unable to resolve their border dispute, they have nevertheless agreed in recent years to take various measures to reduce tension and the possibility for conflict along the lines of control that separate their two forces .From a geopolitical point of view, China has consistently sought to constrain Indian power and confine it essentially to the region of South Asia. In addition to the strategic interest in not having to confront a single powerful neighbour to the south of the Himalayas, China is also concerned by the residual Indian interest in Tibet. After all India still harbours the Dalai Lama and his unofficial government in exile. Thus China continues to refuse to recognise India’s claims to Sikkim, it encourages Bangladesh to stand up to India and above all China has supported India’s arch-rival Pakistan. In the 1965 Indo-Pak war China went so far as to threaten to open a second front against India. But its main support has been expressed through the supply of arms. The Chinese have sought to redress the balance by helping Pakistan to acquire nuclear weapons and missile technology. From a international perspective, India and China were rivals in the Cold War era. Indeed India and the US held joint military exercises for the first time in May 2008. But China is anxious to avoid trouble with the US at a time of leadership succession, and at a time when it has to adjust to the terms of entry to the World Trade Organisation. Moreover, China has benefited to an extent from the “war on terror”, which has enabled it to suppress resistance to its rule in its Central Asian province of Xinjiang. Nevertheless the Chinese eye warily the American military presence in Central Asia. Although they have not said so publicly, the Chinese are very much opposed to the possible use of nuclear weapons.

On September 28, 2009, China asked India and Pakistan to seek a solution to the Kashmir issue through peaceful and friendly consultations and offered to play a “constructive role” in resolving the “bilateral to issue”. As a friendly country, China would also be happy to see progress in the peace process between India and Pakistan, said Hu Zhengyue, Assistant Minister for Foreign Affairs, in charge of the Asian region. Kashmir is an issue that has been longstanding left from history. This issue touches the bilateral relations between the relevant countries,” he told a group of visiting foreign journalists here.

China’s declared positions on the Kashmir issue have evolved through four distinct phases. In the 1950s, Beijing upheld a more or less neutral position on the Kashmir issue. The 1960s and 1970s saw China shift its position toward public support of Pakistan’s views on the issue as Sino-Indian relations deteriorated. Since the early 1980s, however, with China and India moving toward normalization of bilateral relations, Beijing returned to a position of neutrality even as it sought to balance between the need to satisfy Pakistan’s demands for support and the growing interest in developing a better relationship with India. By the early 1990s, China’s position became unequivocal that the Kashmir issue is a bilateral matter to be solved by India and Pakistan through peaceful means.

China’s Kashmir policy must be understood within the broader contexts of its South Asia policy in general and where this policy fits in Beijing’s global strategies and its bilateral relationships with India and Pakistan in particular. While in the past, Beijing supported Islamabad’s positions on the Kashmir issue to demonstrate solidarity with an “all weather” ally during periods of Sino-Indian estrangement and hostility, normalization with New Delhi has necessitated the adoption of a policy of neutrality to avoid unnecessarily alienating India and running the risk of entrapment. Indeed, as both India and Pakistan have acquired nuclear weapons capabilities, China has become extremely worried that any escalation of conflicts over Kashmir could precipitate a nuclear exchange, with horrifying consequences. Beijing is quite interested in the reduction of tension over Kashmir and therefore is particularly encouraged by recent developments, such as the ceasefire along the line of control, the defense secretary meeting on the Siachen Glacier demilitarization, the resumption of civilian flight and the opening of the bus service through Kashmir, discussion on reducing military presence along the line of control, and military confidence building measures including the agreement on missile launch notification..

Chinese analysts suggest that both India and Pakistan have a lot to gain from the current rapprochement. Prolonged tension and fighting over Kashmir has exacted severe tolls in human and material terms for both countries. For instance, maintaining supplies to the Indian troops stationed on the Siachen Glacier costs New Delhi $1 million a day. Since fighting began in 1984, some 2,500 Indian and 1,300 Pakistani troops have died over the years, not so much in direct combat but as a result of the treacherous weather and terrain conditions. Managing the Kashmir issue has become a critical consideration in New Delhi’s efforts to realize its great power potentials by channelling more resources to economic development. For Pakistan, the conflict consumes even more resources. The post-September 11 regional security environment and the U.S.-led global war on terrorism also exert external pressure for Pakistan to deal with cross-border terrorist activities. Beijing is also interested in the evolving negotiations over Kashmir due to its own entanglement, which is largely a result of the October 1963 Sino-Pakistani Border Agreement. India claims the Chinese-controlled Aksai Chin of approximately 35,000 square kilometres as part of the territory in Ladaakh, Kashmir. While a remote possibility, a resolution of the Kashmir dispute between New Delhi and Islamabad could re-open the sovereignty issue left over in the 1963 Sino-Pakistani border agreement. Beijing has growing interests in seeing a stable South Asia and is seeking a better relationship with India. That explains Beijing’s more unequivocal position on the Kashmir issue, which in turn is firmly grounded in the belief that the only realistic way to resolve the Kashmir conflict is through peaceful negotiation between India and Pakistan. As Islamabad’s trusted friend, Beijing could and should use its influence to convince Pakistan that it is also in their own interest to resolve the issue peacefully. China is also lays claim on a piece of land of Kashmir from Ladakh side.Over much of the last 40 years, China has been claiming Arunachal Pradesh as its own territory. They have given stapled visas earlier to residents of Arunachal Pradesh, over which China has a genuine claim of its sovereignty.

The China is also facing problems with Islamic Separatists in s ‘Xinjiang’ .Xinjiang actually shares borders with Ladakh in Indian Occupied Kashmir. Its size is 1.8 million sq km; almost one-sixth of China; half as much as India. The pre-August 1947 Jammu and Kashmir measures some 2, 65,000 sq km. of which some 86,000 sq km is under Pakistani control; some 37,500 sq km under China; the balance, 1, 41,000 sq km, is occupied by India. Some sources believe that turmoil in Xinjiang is fanned and funded by Indo-American secret intelligence Agencies. This secret Agency is bent upon to make ‘Xinjiang’ China’s East-Pakistan. They want to disintegrate China in the same way as they did in 1971 under Agartalla Conspiracy. Uprising in Tibet is openly backed by Indian Intelligence Agencies. The American hue and cry against Islamic terrorism in Afghanistan, Iraq, and Chechinya and in some parts of China, Philippine etc. is a camouflage to keep china and Russia in dark so that fatal network could easily be established for eliminating them from the map of Great Powers. (Writer-Asia) More details: at: http://writerasia.blogspot.com



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Tips For Buying Foreclosure Homes For Sale

February 6th, 2010
Kevin Simpson asked:




At present, the global economy is at recession and a large number of people have lost their jobs. Many home owners who have taken home mortgage loans are no longer able to make their repayment and it has largely contributed in the rise of the number of Foreclosure homes for sale. The banks and the financial institutes in order to make up their loss ceased the homes of those home owners who default on their home loans. Today, there are plenty of bank foreclosures and government foreclosure homes that are available for purchase. Foreclosure homes for sale have definitely provided a great chance to those buyers to get their dream home that they would have otherwise find it hard to afford. As foreclosed homes for sale are available at a discounted rate of 40%-50% less than the market price of the property, it allows the buyers to save substantial amount money. Moreover, buyers and investors can sell the foreclosed home after buying it for profit. They can also keep renters for rental charges. It is also safe to buy foreclosed home as the bank owns the clear title of the property and the buyer have to deal only with the bank.

If you are looking for a foreclosed home, you get the one of your choice by following some easy step by step procedures. There are many banks that frequently advertise their available foreclosures for sale on various newspapers as well as magazines. You can study some of them and look whether you could get a good deal from them. Other than newspapers and magazines, one of the best sources to get information of home foreclosure is on the Internet. Today, almost every bank offers banks foreclosure listings on the Internet and you can make some research on it. There are numerous websites of various companies offering different kind of foreclosure house listings from different cities. By logging in to one of these websites you could study their foreclosure listing to search for your desired home. It is also advisable for you to hire a professional real estate agent as he will be able to assist you through all the buying process. Moreover, he will perform all your essential paperwork of purchasing your foreclosed home and allow you to save your precious time. Other than bank foreclosures there are also a wide range of government foreclosures where you can get a foreclosed home of your choice. If you want a government foreclosure then a real estate agent can offer you all its information.

Before you buy a foreclosed property, you should always check the current condition of the home. By knowing its condition you will be able to estimate a sum that you will need for renovation and repairs. The home foreclosure listing will provide you all the details regarding your foreclosed home. You could know the location of the house and that price that it cost. You should make a through inspection of the house in order to avoid future inconveniences. The bank will propose a higher price for the house. However, it is your legal right to make negotiation and you can reduce the total price by making a reasonable bargain.

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Credit Card Debt Settlement – How a Legitimate Debt Settlement Company Works

February 3rd, 2010
Wikum Holiyabandara asked:




The debt settlement industry has gained momentum after the credit crunch and the global economic turmoil. To wipe out the trillions of dollars of debt, an aggressive recovery strategy had to be implemented. The debt settlement industry is geared towards eliminating a major portion of your debt through proactive and timely negotiations with your credit card Company. Let us look at the whole process of settlement and how these Companies succeed in wiping out debt fast.

Legitimate settlement and negotiation Companies employ methods that are accepted and endorsed by the Association of Settlement Companies or T.A.S.C. T.A.S.C. sets the standards of the industry and is also the regulating body of the industry.

Settlement Companies analyze the macro economic environment and the factors that affect the repayment capacity of the debtors. They then use these information to predict the likely response of the creditors in the event a borrower is in distress or is about to default. The knowledge gathered by the settlement Companies are then used in the negotiation process to obtain a higher discount for the debtors.

Generally, the settlement Companies want the borrowers to default on their monthly payments. They want the debtor to pay those monthly payments towards an account maintained by the settlement Company which they could use to settle the debt subsequent to negotiations. The creditor soon realizes that the borrower is in a bad financial condition. The F.I.C.O. score will also start to decrease and the debt will be tagged as a high risk lending. When the card Company is desperate to recover their dues, the settlement Company starts negotiations.

Depending on the recoverability of the loan and the other legal options available to the creditor to pressurize the debtor, the Company will agree for a substantial discount on the debt. The repayment plan will be flexed to be aligned with the repayment capacity of the borrower and the interest rate will be reduced to an agreed level. The settlement Company will charge a commission of around 10%-15% of the debt depending on the complexity of the negotiation process and the resources used.

Once the repayments are met, the balance sum will be eliminated from the books of the lender.

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Sensible tips on Investing in Foreclosure Properties

January 31st, 2010
Chris B. Jenkins asked:




Due to the global crisis, many people were forced out of their homes because of neglecting to pay their mortgage on time. It is a sad fact that many homeowners have faced foreclosure by banks and lending institutions because of the difficult economic times. However, for some people who were able to save cash before these troubled times hit center stage, investing in foreclosure properties seems like a worthy investment since you can purchase properties at lower costs than they used to. If you are interested in foreclosed properties, don’t fret. If a decade ago you would have seen a foreclosed sign at a dilapidated property, now you’ll be surprised that most foreclosed homes are actually quite the opposite. This means that you are able to buy close to brand new homes at minimum prices.

You just have to be wise in choosing your investments. Here are some tips to help you get started on investing in foreclosure properties:

1. Do not be contented with what you see in the ads. Make sure that you do your research and do it well. Look at different properties and talk to a lot of people. If it would be possible, you can hire a professional property appraiser just to take a look at the house you are planning to buy. Remember that although you are paying much lower than is expected, but if the property needs more fixing rather than have actual value, and then you might want to look elsewhere.

2. Go to public auctions to look at and buy foreclosed properties instead of going directly to the homeowners. Most homeowners tend to use the money they make from the sale of the house, not to pay the remaining mortgage but instead to buy a new home. Then, you’ll be stuck of having to pay the remainder of the loan. Public auctions, on the other hand, can give you security on this area since someone else had already coordinated matters like this to ease the buyer of the burden of contacting the bank and other coordination work.

3. It is better to keep your job and stay at it until your investments have paid off. It may take some time before you are able to get earnings for this type of investment because you have to wait for the change in market prices and values before you can actually make money out of it.

4. Do not put all of your eggs in one basket. This means that if you have a lot of money; try to diversify your investment portfolio. It wouldn’t hurt if you have several so that they start earning money at different times. This will give you time to wait for the market to rise so you can recover any sort of loss if it happens.

Investing in foreclosure properties is an exciting business venture; however it is also a risk-taking venture. If you’re ready for it, then use the tips given above and make the most out of your investments.



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All About Section 8 Renters Options

January 14th, 2010
R Quade asked:




Finding affordable rental options can be more than difficult. In addition to high rental rates, many people are forced to deal with a bleak economic outlook, thanks to the downturn in the national and global economies. Thankfully, there are options that can help you find the affordable rentals that you need. What’s the best choice? While you can find a wide range of options out there, Section 8 renters programs are some of the best available.

Section 8 programs are mandated by HUD. The program actually got started in the 1970s, with an amendment to the US Housing Act of 1937. When the Section 8 Program was born, it had three subprograms within it. These were new construction, exiting housing certificate programs and substantial rehabilitation programs. A fourth subsection, moderate rehabilitation, was added in 1978. The voucher program and the project-based certificate program were both added later.

The entire purpose of the Section 8 renters program was to create affordable housing options for US residents. This was achieved through the provision of a voucher to qualifying families. The voucher could then be used to pay a specific portion of the rent on a qualifying property. Therefore, while the renter is still responsible for a portion of the rent, the federal government actually pays the landlord the remainder of the rental fee each month.

Of course, not all landlords participate in the Section 8 program, as federal law does not compel them to do so. Therefore, not all housing projects will offer qualifying housing options. In addition, it can be very difficult to get on with the Section 8 program in numerous areas. Some families have to wait as long as five years to receive their vouchers. In addition, some lists are so full that they have closed to new applicants.

Therefore, to determine if Section 8 renters programs are available to you, it’s advised that you contact the HUD office responsible for administrating your specific area. Even if you do not qualify for Section 8, you might qualify for other government programs that can help you reduce your expenses, thereby granting you more money with which to pay your rent each month.

Section 8 programs can be valuable tools for your needs, though you should remember that not all landlords are willing to accept this program. Check your local laws to determine if this practice is legal or not – in many areas, discriminating solely because of Section 8 status is outlawed.

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