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Barack Obama is finally going to sign the gigantic economic stimulus package that was recently passed by the US congress. So, this is going to be very interesting to see what effects the package will bring upon the US economy and the companies about to receive the package.

First of all what the US administration plans to achieve through the economic stimulus is the point to be noted. They want the US economy to jump back from the slumbers it has gone into after the economy crisis started showing its ugly face. Many financial institutions started failing in a row and the Bush government saved a few by donating some of the taxpayers money into the pot hole of unmindful management and planning.

Now the Obama administrations intends to do the same but with various different companies. Their main aim seems to save a few US jobs and provide the minimum resources for lively hood to many now jobless citizens. What surprises me this time is the size of the economic stimulus package that the planners have come up with. A huge 780 Billion dollars. Do they want to restart many industries as such in America or intend to save the few that are wailing loud in front of the White House for the precious money.

Whatever they might have planned the money will go only to the few who have the poser behind them and have been lobbying hard. The Fords and GMs who can never return to profitability in such short time will always secure their share of the alms and the likes of those who have been providing precious jobs by being efficient and maintaining the profit levels will be left out.

Let us now see what results this so eagerly awaited stimulus brings to the needful US industry.

Pakistan has recently concluded their investigation of the Mumbai Terror attack plotting in Pakistan and are about to present their report to the world. They have decided to lodge a FIR against some people who they have found were behind the attacks. Pakistani investigators have also claimed the help of some Indian elements to the terror attackers.

Pakistan is again trying to divert the attention of the world by blaming some Indian elements for providing logistics support to the terrorists. They have from the first day been trying to sabotage the matter and take it on a different route. Their biggest foe during these times is the live terrorist who is in custody of the crime branch of the Mumbai Police.

This is not the first time that they have done this. The terrorists who carried out the attacks were supported by their brothers sitting in Pakistan who were sending emails to the Indian media and police claiming themselves to be Indians. But what came out of the investigations afterwards was that they were elements sitting in Pakistan and associated with the ISI. They now are also asking for the details of the proof that the Indian side has of the involvement of Pakistani elements in the whole episode.

This all is Pakistani propaganda to gather dust on the issue and put it under the blanket so that they can again start their business of sending their badass brethren into Indian territory to shows their cowardice by killing some more innocent Indians (yes, they are from all communities - during the Mumbai terror attacks many muslims were killed by the so called messengers of Islam who always think of killing someone somewhere in the name of Jihad).

They must first look into their own territories as to what is going to become of their nation as the Taliban and Al Qaida are spreading their wings inside Pakistan.

The Indian Music Maestro AR Rahman who had been recently nominated for three Oscar Academy awards has won the Best Music Score category in the BAFTA(British Academy of Film and Arts) awards concluded today. A R Rahman had recently won the golden globe for his music direction in the movie Slumdog Millionaire. The movie has also won awards in the best movie category.

AR Rahman had been winning awards in India since the first time he directed the music of an Indian movie. But this is the first time his talent is being recognized by international critics. He has a long way to go and all the awards that are showered on him prove just that. Rahman has shown what he is made of many time over now.

We now eagerly await what the Oscar Academy Awards function has in store for Slumdog millionaire and for Rahman.

Even when there were reports of Pakistan arresting three people suspected to have played some role in the Mumbai terror attacks, there was aroused a different controversy by an Indian suspected for assisting the Pakistani terrorist in carrying out the attacks.

Fahim Ansari had been suspected to have assisted the Pakistani terrorists in carrying out the Mumbai Terror attacks. He was interrogated by the Mumbai Police Crime branch. Fahim ansari had recently lodged a complaint against the crime branch for letting FBI officers interrogate him in connection to the attacks. Even as the City Crime branch was in the process of readying the answer to the question raised by his lawyer in court, he made a separate complaint against an American woman FBI officer who allegedly interrogated him along with two other male FBI officers.

How was he assaulted by the woman FBI officer is the question that arises as Fahim Ansari claimed that he had developed itches in private parts of his body as well as some wounds. Now how desperate was the FbI officer to experience a terror accused. Well now it remains to be seen what comes out of the process of investigations and conclusions from this issue.

The American entertainment giant Warner Brothers has in a recent statement said that they will outsource jobs to India. The economic recession has already taken a toll of thousands of jobs in the US. But all of those job losses were either in the banking and financial sectors or the automobile industry although the technology industry was hit to some extent too.

The Warner brothers will be laying off some of the jobs as well as outsourcing some of them. Some positions that are available right now will also be closed down. The number of job losses is not what is making it more notorious the news that some of those will be outsourced to India and Poland will be of concern to the already surrounded with problems, Obama administration.

It is now the turn of the so famous entertainment industry based at Hollywood to feel the pinch of economic recession. How sorry a state of affairs the mistakes of the financial planners of the state have lead their country and the world to. God knows how long it will take to come to the normal levels.

Hollywood recently made a movie based on plot that takes place in Mumbai. Has Mumbai and its movie industry come into Hollywood in more ways that just a movie plot?

The US administration has recently rejected the concept of the sphere of influence of Russia. Russia had been making claims that some neighboring countries which had originated after the disintegration of the Soviet Union were subject to approval of Russia in their internal as well as external affairs.

But Joseph Biden the Vice President of the United States said “We will not agree with Russia on everything,” . “For example, the United States will not recognize Abkhazia and South Ossetia as independent states. We will not recognize a sphere of influence. It will remain our view that sovereign states have the right to make their own decisions and choose their own alliances.”

Russia has been blamed by the officials of the Obama administration for forcing Kyrgyzstan, a former Soviet Republic, to close the U.S. military base in that country. The US needs that military base as this is the only land supply route to their troupes based in Afghanistan.

But Russia has all rights to be concerned for the US building bases around its territories and can use what ever influence they have with their neighbours. Blaming Russia for what Kyrgyzstan decides is not the right thing to do.

America is again trying to overshadow Russia over the issues of Missile defence program which Russia has been opposing vehemently. This is another issue that the Obama administration needs to think over again if they want cordial relations with Russia.

The state government of Bihar has threatened all its 300,000 employees currently on strike of firing them all at once. The Bihar state government non gazetted employees had gone on strike for their demand of implementing the recommendations of the 6th pay commission of the government of India.

The reason for non implementation of the recommendations of the 6th pay commission was said to be non availability of enough funds in the coffers of the state government. But the state government employees were not ready to listen and all of them went on strike leaving all government functions like health services throughout the state.

This only serves as a contrast during these times of economic crisis when all the private and public enterprises throughout the world are laying off employees due to poor market conditions. But the reason of layoffs here could be striking employees.. what a sorry state of affairs. The state government seems to bend on teaching the unruly government employees some lessons in discipline and the rule of law. The corruption and indiscipline among the state government employees is a major cause of the state being under developed. This remains one task in the hands of the Bihar state government to discipline the employees and teach them some ways to do service to the society.

Comments are welcome.

The English cricket players Kevin Pieterson and Andrew Flintoff have become instant millionaires after their auction in the second edition of the Indian Premier League. The first edition of the IPL that was held last year in Inda has seen similar auctions taking place and MS Dhoni the current Indian Cricket Team caption, had been auctioned for the highest amount of USD 1.5 Millions.

But the English crickets duo have surpassed the price tag of even Dhoni and have become the highest paid IPL players. They have both been auctioned for the amount of USD 1.55 Million each. Andrew Flintoff being snatched by the Chennai Super Kings captained by MS Dhoni whereas Kevin Pieterson has been taken up by the Hyderabad team owned by Vijay Mallya the owner of the Kingfisher Airlines and Kingfisher brand of beer and bottled water.

The IPL had changed the face of cricket in India last year and had become a global phenomenon as it was broadcast throughout the world and watched by people of all cricket playing naitons. This year it is being said to be of even a bigger scale. It now just is a matter of wait and watch to see if the T20 - IPL will fair the same way even during the times of economic recession. This will depend a lot on the amount of sponsorship and advertising revenue generated for the event. But it seems doubtful as all the major advertisers have pulled the strings of their wallets to preserve the all necessary cash during such gloomy times.

What more - pakistani cricketers that were not included in the last episode of the tournament will not be able to get a part of the lucrative IPL. This is gift the Pakistani terrorists have given to their fellow cricketers. Way to go Pakistan.

Your comments are welcome.

Can you take it in?? Iraq has registered an unprecedented growth in the foreign tourist inflow in the country. They have registered a hundred percent growth in the number of foreign - read Western tourists visiting their country.

Recently there was a news by the New York Times that said there was a tourist in small town of Iraq that has no hotels. The tourist’s nationality was found to be Turkey and he had came to the country on a 10 day visa and entered the country land and reached Baghdad by taxi. It must have a been a roller coster ride for him. Touring a war ravaged country just after it went through its first democratic election after the US attack in 2003.

He seems to be lone tourist that came to Iraq after the 2003 US attacks. The people of the country must have been left feeling great after knowing that some one still wants to see their country if as the odds of getting hit by a bomb or rocket is higher than finding a hotel to live in.

Way to Iraqis.. You got to develop your tourist spots better - this will further increase the tourist inflow.

Comments are welcome.

The US leaders seem to have become desperate to contain the Iranian ambitions. The US President gave his first ever interview after being sworn as the President to an Islamic news channel. Then he gave hints of writing a letter to the Iranian President disguised as an open letter to the Iranian people.

Again the vice president Joe Biden has given statements directly hinting that America is eager to talk to Iran. “We will be willing to talk to Iran” he said in a recent public address about how America is going to deal with matter around the world. This is a far too flexible an approach towards Iran from the times of President Bush. The Bush administration only talk about sanctions and investigations into Iran’s nuclear weapons ambitions. But the Obama administration has hinted from the very start that they are willing to take a leap in matters concerning Iran.

This is way too fast an approach when we compare the US Iran relations in the recent times. They have not been on talking terms for very long time now. The only conversation that ever took place between the two countries was through news channels and other media. But now America seems to have realised that they can’t sideline Iran in the world politics.

Now after the Iranian launch of their self made satellite has shown their possession of technology that can lead to long range ballistic missiles development. American leaders have become more serious after this development. They now know they can get into serious problem if Iran continues in this pace and one day gets access to nuclear weapons technology. So, the desperation is obvious from their statements now and then around the world. It now remains to see what approach Iran takes to all these invitations to talk by American leaders.