SUMANSPEAKS | ESTD 2006 | CAPITAL MARKETS INTELLIGENCE JUNE 2025 | MACROECONOMICS & GLOBAL FINANCE SumanSpeaks Independent Capital Markets Intelligence · Estd 2006 sumanspeaks.blogspot.com Macro Currents | Currency Architecture | Geopolitical Finance The Multipolar Currency Dream Meets Economic Reality Why the rupee's march to global trade currency status will be measured in decades, not headlines Much has been written about the emergence of a multipolar currency system and the gradual erosion of US dollar dominance. The narrative is undeniably seductive: greater monetary sovereignty, reduced exposure to American sanctions architecture, and a s...
- Get link
- X
- Other Apps
By
Unknown
-
Solving the menace of terror is still the top priority of President George Bush; will Mr.Obama follow his footsteps??
Proximity of Mr.Barrack Hussein Obama towards Pakistan, raises doubts/questions in the minds of Indians..??
Try to accumulate Indowind Energy Ltd and English India Clay Ltd---both are Power and Carbon Credit (CER) stories.
WASHINGTON – Pre
sident George W. Bush held an hourlong video-teleconference Saturday with U.S. diplomats in India following the terror rampage left six Americans dead and raised tensions with neighboring Pakistan.
sident George W. Bush held an hourlong video-teleconference Saturday with U.S. diplomats in India following the terror rampage left six Americans dead and raised tensions with neighboring Pakistan.Bush held the secured video meeting from the Camp David presidential retreat where he spent Thanksgiving. He planned a brief statement about the attacks upon his return to the White House later Saturday.
Those participating in the session included Secretary of State Condoleezza Rice; David Mulford, the U.S. ambassador to India; Paul Folmsbee, consul general at the U.S. consulate in Mumbai; and members of Bush's national security team.
"President Bush thanked our ambassador and our consul general for all the work they've done to help Americans affected by the terrorists," White House press secretary Dana Perino said.
President-elect Barack Obama called Indian Prime Minister Manmohan Singh on Friday night to offer condolences and was monitoring the situation. The siege, which killed at least 195 people, including 18 foreigners, in India's financial capital, ended Saturday when commandos killed the last three gunmen inside a luxury hotel.
A previously unknown Muslim group with a name suggesting origins inside India claimed responsibility, but Indian officials said the sole surviving gunman wa
s from Pakistan and they pointed a finger of blame at their neighbor and rival.
s from Pakistan and they pointed a finger of blame at their neighbor and rival.The U.S. is concerned about a potential flare-up between India and Pakistan, both nuclear-armed countries. To ease tensions, intelligence officials are searching for clues that might identify the attackers even as Indian officials claim "elements in Pakistan" were involved.
FBI agents were dispatched to India. A second group of investigators was on alert to join the first team if necessary. The State Department warned U.S. citizens still in the city that their lives remain at risk.
A U.S. counterterrorism official said some "signatures of the attack" were consistent with the work of Pakistani militant groups known as Lashkar-e-Taiba and Jaish-e-Mohammed that have fought Indian troops in the disputed Himalayan region of Kashmir and are reported to be linked to al-Qaida. But the official emphasized it was premature to pinpoint who was responsible for the attacks. A second official, specializing in counterintelligence, also cautioned against rushing to judgment on the origins of the gunmen. The U.S. officials spoke on condition of anonymity due to the sensitivity of the situation.
"There were very worrying tensions in the region," said Gordon Duguid, a State Department spokesman.
As U.S. officials worked to ease hard feelings between India and Pakistan, a tentative rapprochement between the two nuclear-armed rivals could hang in the balance.
Pakistan's ambassador to the U.S., Husain Haqqani, said in a statement that his country is "confronting the menace of terrorism with great vigor." Haqqani insisted "it is unfair to blame Pakistan or Pakistanis for these acts of terrorism even before an investigation is undertaken."
The U.S. Embassy in New Delhi, India, said six Americans were killed. Among them were:
_Rabbi Gavriel Noach Holtzberg, 29, and his wife, Rivkah, 28. They were killed in an attack on the ultra-Orthodox Chabad-Lubavitch movement's center in Mumbai, Rabbi Zalman Shmotkin said in New York. The Israeli Foreign Ministry said Rivkah Holtzberg only had Israeli citizenship.
_Bentzion Chroman, an Israeli with dual U.S. citizenship who was visiting the center.
_Rabbi Leibish Teitlebaum of Brooklyn, N.Y., who was visiting the center.
_Alan Scherr, 58, and daughter Naomi, 13, of Virginia, who died in a cafe Wednesday night. They lived at the Synchronicity Foundation sanctuary about 15 miles southwest of Charlottesville, Va., and were among 25 foundation participants in a spiritual program in Mumbai, according to a spokeswoman for the foundation.
Popular posts from this blog
By
Sumon Mukhopadhyay
-
Hikaru Nakamura and Atousa Pourkashiyan: A Checkmate in Love – A Grand Union Forged on the 64 - Squares.... Introduction: Hikaru Nakamura, a name synonymous with modern chess, is a prodigy-turned-legend whose brilliance has redefined the contours of the game. A five-time U.S. Champion, his fearless strategies and dynamic online presence have made him an unparalleled force in the chess world. In 2023, however, the grandmaster made headlines for a personal milestone: his marriage to the courageous and equally accomplished chess player, Atousa Pourkashiyan. Atousa, a Women's Grandmaster (WGM), is a celebrated chess player and a symbol of resilience. Her bold decision to compete without a hijab during the 2022 World Rapid and Blitz Championship became a landmark moment in the global spotlight. This act was a direct expression of solidarity with the Mahsa Amini protests in Iran, where women have continued to fight against oppressive mandates, demanding the freedom to choose their attir...
By
Unknown
-
WINNING STROKES: THINK DIFFERENT: Please STOP investing in companies by simply looking at their past quarterly/annual results. More quickly you do away with this BAD habit, the better it will be for your investment philosophy. Please remember a debt free company (zero liability) which is closed, has tremendous value, unlike what an Old Analyst from Bombay is trying to make us understand. How will the markets behave today?? This portion only to the Paid Groups.... My Mom (mother) is seriously ill (who is suffering from Cancer) and hence the services to the Free and Paid Groups might be affected in the days to come... Galada Power and Telecom Ltd, which was recommended yesterday to the Paid Group through an SMS and then to the Free Group, hit the upper circuits. The company has 4 acres of land in Uppal , whose current market price is around Rs.24--Rs.28 Cr. However, what is the latest development in the company?? This portion only for the Paid Groups. Sanguine Media Services Ltd hit ...
By
Sumon Mukhopadhyay
-
Turnaround Play? 3i Infotech Bets on ₹100-Crore Rights Issue to Power Growth. ~Sumon Mukhopadhyay. ------------------------------------ Introduction: Founded in 1993 and headquartered in Mumbai , 3i Infotech Limited is a global IT services provider with over three decades of expertise in digital transformation. With a workforce exceeding 4,300 professionals and a client base spanning India, North America, the Middle East & Africa (MEA), and Asia-Pacific (APAC) , the company operates across three strategic verticals: 🔹Infrastructure Services (cloud and cybersecurity), 🔹 Application-Automation-Analytics , and 🔹 Business Process Services . In FY25 , 3i Infotech posted consolidated revenues of ₹725.75 crore (India: ₹335.80 crore; US: ₹287.34 crore; MEA: ₹74.98 crore; APAC: ₹27.63 crore) and achieved a net profit of ₹25.3 crore , marking a significant turnaround from a ₹313.6 crore loss in FY24 . To reinforce this recovery, the company has proposed a ...
Comments