Peak of Erudition

Haiti was in the news only for sometime. But what happened to those little children who don’t even know what has happened ? . Haiti’s welfare system had already been grounded before the earthquake struck. Many people were not only on the streets but also their houses were in rubbles.

Many children are in need of help and the need to care for them has risen exponentially. Some of the scrupulous orphanages are taking advantage of this. The scrupulous orphanages round up the children in chaos and pretend to offer help. The children are taken to and offered to sale and are used as servants. The children when grown up into puberty are also used as sex slaves. 33 Haitian children were caught with 10 Americans trying to leave the country.

So it has been a rule to produce some proof documents to the safeguards. The intention of the 10 people is still under investigation. The regional coordinator for SOS children village said it has providing services too many abandoned children around the world. The journey will continue to Haiti’s child victims.

The Iranians are upset with the rise in the prosperity in their region expect their country. And the country does not want to change their adamant aversion to the western world and are in fact working on widening the gap further.
All these are only leading to further trouble for the country as a whole, for which there seems to be no real future.
And if you go by the history of Iran, you can expect it to use any small opportunity to bring down the Middle East region as a whole down to their level.
So expect Iran to trigger a war with Iraq or Israel or even Saudi Arabia in the near future.

India has been facing lot of Maoist attacks in the Eastern region of the country in the last few years. The attacks are only increasing in terms of damage in the recent past. Yesterday, the Maoists struck at a major town in West Bengal state, and killed over 24 military personnel. They also took away over 30 military personnel as hostages, apart from grabbing all the available arms and ammunition.
The authorities have swung into action, and have ring fenced the entire group of towns / villages, to hunt and kill all the Maoist militants. The region has been seeing unequal distribution of income and hence forced many families to seek help from Maoists who are helping them with money and food.

The Chinese government is worried at the massive rise in property prices across all major cities. China has seen a massive 50% plus rise in property prices over the last one year due to increasing demand from millions of middle class consumers.
Now the Chinese government wants to avoid another bubble burst, and hence has decided to raise the interest rates by 50 basis points. The Chinese government has already asked the three main banks of the country to cut down on new loan issues in the coming months. All these are expected to result in further drop in demand for products and services inside China.

The US private sector comprises of hundreds of global multinational companies and thousands of supporting small / medium sized companies. All these companies have been able to exploit the global recession to their advantage in the last two years, by cutting down the work force. These companies have also ensured higher output from the retained work force.
But all those are going to turn the other way round in the coming months, because talents will be in demand across categories due to rising demand. That could force many companies to hire people in a hurry over the coming months and also start giving more comforts for existing work force. So expect the US unemployment rate to drop below 8% by the end of 2010.

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