Presidential Elections: Support Dr.Meira Kumar

Bihar and Jharkhand governments have no choice but to support Dr.Meira Kumar. As defeat of "Bihar ki Beti" will invariably bring Shame to the Biharis and Jharkhandis (or erstwhile unified Bihar). Do you think that, people of Bihar will leave Nitish Kumar Scott - free, if Dr.Meira Kumar loses ? So, Nitish Kumar has very little option left but to support, Dr.Meira Kumar.

Moreover, if Nitish Kumar wants to fall in the BJP's well calculated electoral TRAP no one can save him in the next election.

Also, I am surprised to see Mr.Navin Pattanayak, so easily chewing the RSS bait. Orissa is a state, where there is large chunk of Tribal Christian voters loyal to the BJD (Biju Janata Dal). I am still to fathom, BJD's sudden electoral gamble of siding with the RSS and the BJP; when Mr.Pattanayak has been maintaining distance from them since some time.

Besides, the election of Dr.Meira Kumar, who is educated, experienced and very sober, might also correct some of the historical mistakes of not making her father, the Prime Minister of India.

Also, I don't think all the Muslim and Christian MPs and MLAs from the TDP and TRS will ever support a RSS backed Candidate, who acted against Dalit Christian and Muslin reservations. Therefore, invariably cross voting will take place, which might give the underdog, Ms.Kumar, a win. Support Dr.Meira Kumar, give a conscience vote and make her the 2nd Female President of India.

All the best to Dr.Meira Kumar.....👍✌



Thursday, May 09, 2013

Copper Climbs in London After Gains in China Signal More Demand
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Copper rose in London after a report on growing exports and imports from China signaled increased demand for the metal from the world’s biggest buyer.

China’s exports rose 14.7 percent last month from a year ago and imports climbed 16.8 percent, data from the General Administration of Customs showed today. The nation accounts for more than 40 percent of global copper consumption. Prices jumped 6.2 percent on May 3 afte U.S. payrolls climbed.

“The U.S. recovery and improving Chinese international trade figures are supporting the copper price,” Pengjiang “Richard” Fu, director for Asian commodities trading at Newedge Group SA in London, said by e-mail today. “China’s data this month on money supply, inflation and new loans will be key to keeping the rally going.”

Copper for delivery in three months on the London Metal Exchange rose 0.9 percent to $7,333.25 a metric ton by 9:01 a.m. in London. Copper for July delivery increased 0.8 percent to $3.33295 a pound on Comex in New York.

Inbound shipments of refined copper, alloy and products by China were 295,799 tons last month, customs data showed today. That was the lowest since June 2011, and was down 7.4 percent from March, according to data compiled by Bloomberg.

Goldman Sachs Group Inc. is still bullish on copper near- term, Max Layton, an analyst at the bank, said in a report dated yesterday, citing declines in inventories and an anticipated improvement in sentiment on Chinese demand. The bank kept its three-month forecast at $7,500 a ton, six-month at $8,000 and 12-month at $7,000.

Aluminum, tin, zinc, nickel and lead also advanced in London.

To contact the reporter on this story: Agnieszka Troszkiewicz in London at atroszkiewic@bloomberg.net 

Courtesy: Bloomberg