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Five-star
Taj resort in Abu Dhabi
DUBAI,
May 4:
UAE's leading property developer Aldar has signed
an exclusive agreement with Indian hotel giant
the Taj group to develop a five-star, 500-room
luxury resort hotel on Abu Dhabi's Yas Island.
The hotel will be
branded as Taj Palace Hotel on the lines of the
elegant, original palaces hotels of the Taj and
will have facilities and services to match the
exceptional location.
The agreement was
signed by Paul Bell, managing director, Aldar
Hotels and Hospitality, and Raymond N Bickson,
managing director and CEO of The Indian Hotels
Company Limited, which owns and operates 79 Taj
Hotels Resorts and Palaces worldwide.
The signing took
place on the opening day of the Arabian Hotel
Investment Conference in Dubai yesterday, which
included a Summit on India highlighting prime
Indian investment deals and projects being
undertaken in the subcontinent.
"Aligning
with leading internationally recognised
hospitality brands is part of Aldar's strategy to
bring high quality investment opportunities to
our developments. This agreement signifies
Aldar's commitment to bring world-class players
to our market, and to Abu Dhabi," said
Ronald Stephen Barrott, CEO of Aldar Properties.
Bickson said the
UAE is part of a strategic group of countries in
the Gulf region where the leisure and hospitality
sector is growing exponentially. (PTI)
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Beckham
'too much for fathers to live up to'
LONDON,
May 4:
Celebrities like David Beckham are giving a tough
time to British dads who are finding it too much
to live up to the high standards set by the rich
and the famous as "ideal" fathers.
A survey has found
that fathers are feeling pressured to have an
"unrealistic" lifestyle similar to that
of Beckham with keeping fit, dressing well and
making a lot of money, and this has left many men
frustrated at their own relationships.
The poll of 4,000
fathers by the 'Netmums.Com' portal found that,
because of this, a third of them were unsure if
they would stay with their partner for good.
More than 40 per
cent of the respondents claimed they suffered a
male version of post-natal depression, with over
half feeling deprived of the time they used to
spend with friends as mothers were increasingly
demanding breaks from children in the evenings
and weekends.
According to the
survey, the headache of family finances tops the
list of factors which put fathers under pressure,
at 74 per cent. Forty-five per cent of fathers
complained about lack of sleep, and 41 per cent
lack of sex.
The main cause of
arguments with partners is money (21 per cent),
followed by the other person feeling
unappreciated (14 per cent) and household chores
(10 per cent), it revealed.
"In the past
the male and female parenting roles have been
very clearly defined, but we are now seeing
increasing numbers of parents both opting to
work. There are also fewer stay-at-home mums,
meaning the role boundaries are blurring.
"It's vital
that for a successful relationship you are both
provided with the time and space to be an
individual as well as a parent and that you take
time out to realise the positives in your
partner," Sally Russell, the Director of
Netmums.Com, was quoted by 'The Sunday Telegraph'
as saying. (PTI)
Microsoft
withdraws bid to acquire Yahoo
NEW
YORK/SILICON VALLEY, May 4: Software giant Microsoft
has abandoned its three-month old bid to buy
Yahoo after the two failed to agree on acceptable
price.
Microsoft had
offered USD 47.5 billion, which translated into
USD 33 per share but Yahoo wanted USD 57 billion
(USD 37 a share). Initially, the software giant
in February had offered USD 44.6 billion or USD
31 a share but raised the offer as the
negotiations proceeded.
Microsoft
announced its decision to withdraw after talks
between its Chief Executive Steven A Ballmer and
Yahoo co-founder Jerry Yang in Seattle failed to
produce an agreement yesterday.
Microsoft had made
an unsolicited bid to buy Yahoo so as to compete
with Google search engine.
Ballmer, in a
letter to Yang, pointed out that Microsoft had
already raised its bid by about USD 5 billion and
despite its best efforts, Yahoo has not
"moved towards accepting our offer".
"After
careful consideration, we believe the economics
demanded by Yahoo! do not make sense for us, and
it is in the best interests of Microsoft
stockholders, employees and other stakeholders to
withdraw our proposal," Ballmer said.
Meanwhile, Yahoo
dismissed Microsoft's unsolicited bid as a
"distraction".
"With the
distraction of Microsoft's unsolicited proposal
now behind us, we will be able to focus all of
our energies on executing the most important
transition in our history so that we can maximise
our potential to the benefit of our shareholders,
employees, partners and users," Yang said in
a statement. (PTI)
Staines
widow honoured by Gulf writers
DUBAI,
May 4: Gladys Staines, the widow of
Australian missionary Graham Staines who was
killed in Orissa, was honoured by the Gulf
Malayalee Christian Writers Forum in Sharjah.
Graham Stuart
Staines was burnt to death while he was sleeping
with his two sons Timothy (6) and Philip (10) in
his station wagon at Manoharpur village in
Keonjhar district in Orissa on January 1999.
Staines had been
working among the tribal poor and especially with
leprosy patients since 1965.
"Life has
been very different since my family was
killed," said Staines, who now lives in
Australia with daughter Esther.
"God has
enabled me to forgive. The people at Grandstand
Memorial Hospital have become like family to us.
You share your experiences with them. It feels
more like home than Australia."
Gladys said she
only left India for her daughter's education.
She resumed
visiting Orissa in 2006 and explained her journey
of forgiveness as one of healing. "It's like
the dry, parched land in the Australian drought.
Forgiveness heals a broken heart."
Each time she
returns to Orissa, she visits the family home and
the graves. But most important to Gladys is
seeing the rest of her adopted family. (PTI)
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Lord
Khalid Hameed receives Pride of India award
LONDON,
May 4:India-born
Lord Khalid Hameed was felicitated with the Pride
of India award for 2007 for his contributions to
medicine and inter-faith activities.
The acting High
Commissioner of India, Asoke Mukerji presented
the award, instituted by The India International
Federation at its fourth award function here this
weekend.
The distinguished
gathering at the occasion included NRI
industrialist Lord Swraj Paul, Deputy Leader of
Liberal Democrats in the House of Lords, Lord
Navnit Dholakia, Lord Mohammed Sheikh, Gurdip S
Gujral, CBE and Viscount Slim, OBE, and Madhav
Chandra, Minister (Political) in the Indian High
Commission.
Lord Hameed is the
chairman of Alpha Hospitals and former Chief
Executive of the Cromwell Hospital.
Other recipients
of the award included NRI entrepreneur Rami
Ranger, MBE, who is founder of Sun Oil Ltd for
his services to Industry, Chief Inspector Parm
Sandhu, the first Asian woman to rise to this
position and actress Ayesha Dharkar for Best
Artistic contribution.
Ayesha, daughter
of Indian journalist Anil Dharkar, won three
national awards in India for her much acclaimed
film, "The Terrorist".
Lord Sheikh was
honoured for his outstanding achievement in
business, while Anant B Parekh, the youngest
Professor of Medicine in Oxford University, was
chosen for the award in the category of medicine.
C B Patel,
publisher of Asian Voice, won the Literature and
Media award and Ritu Sethi, founder of The Sethi
Partnership, a solicitors' firm, bagged the award
in law category. (PTI)
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Robotic
bugs set to invade battlefield
LONDON,
May 4:
Imagine robotic insects tracking down enemy
fighters in rugged mountain terrains, carrying
out explosions and identifying nuclear or
biological weapons.
It may seem like
science fiction but could soon be a reality, for
scientists are developing a series of electronic
spiders, snakes and other insects that might
become the latest tools for British and American
troops to spot enemies.
Prototypes small
enough to sit on a fingertip have already been
created, including a fly that weighs less than an
ounce and has a wingspan of 1.18 inches.
Lightweight carbon joints allow the robot to
mimic the movements of a real fly.
According to Steve
Scalera, Programme Manager for the project at
British defence giant BAE Systems, "We're
trying to harness nature's designs. Evolution has
done a fabulous job of producing extremely
efficient and capable systems.
"We're
building a collection of miniature robots that
can explore complex terrain we wouldn't normally
be able to approach because it is too dangerous.
"This might
mean exploring buildings or caves looking for
people inside, searching for dangerous items like
munitions, chemical, biological or nuclear
substances that might be there." (PTI)
New
model of Earth's interior 'clarifies' mantle
motion
NEW
YORK, May 4: Scientists at Arizona State
University have developed a new model of the
Earth's interior which they claim pulls past
information and hypothesis into a coherent story
to clarify mantle motion.
"The past may
be two or three years there have been a lot of
papers in Science and Nature about the deep
mantle from seismologists and mineral physicists
and it is getting really confusing as there are
contradictions among the papers.
"But we've
discovered that there's a single framework that
is compatible with all these different
findings," team leader Prof Ed Garnero said.
In their study,
the Arizona team painted a story for a chemically
complex inner earth, a model that sharply
contrasts the heavily relied upon paradigm of the
past few decades that the mantle is all one thing
and well mixed.
The original model
was composed of simple concentric spheres
representing the core, mantle and crust -- but
the inner Earth isn't that simple.
Earth is made up
of several layers. Its skin, the crust, extends
to a depth of about 40 kilometres. Below the
crust is the mantle area, which continues to
roughly halfway to the centre of Earth.
The mantle is the
thick layer of silicate rock surrounding the
dense, iron-nickel core, and it is subdivided
into the upper and lower mantle, extending to a
depth of about 2,900 kilometres. (PTI)
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Villagers
made to suffer for not voting Maoists
KATHMANDU,
May 4:
People of an eastern Nepali village are facing
the brunt of Maoists who have allegedly snapped
the water supply to the area since the villagers
did not vote for the former rebels in the
Constituent Assembly polls.
Maoists have cut
the water supply pipe to Angna village since
April 23 for not voting them in the polls.
They have
allegedly cut the pipe at Dhukure area badly
affecting the life of 62 households in the
village.
The former rebels
have been making the residents walk for three
hours to fetch water, CPN-UML senior standing
committee member Jhalanath Khanal said.
In both the
constituencies, Maoists were defeated by CPN-UML
candidates.
Reports have been
pouring from different parts of the country where
the Maoists have allegedly continued their
intimidation, beating and threatening of the
cadres belonging to Nepali Congress and CPN-UML
for not voting the Maoist candidates. (PTI)
Haneef
will be under police surveillance if he returns
to Oz
MELBOURNE,
May 4:
Indian doctor Mohammed Haneef, wrongly accused of
terror links, will be under 24-hour police
surveillance if he returns to Australia.
Australian Federal
Police is continuing its investigation into the
case that has so far cost taxpayers almost USD8
million nine months after charges against Haneef,
27, were dropped.
However, at a
judicial inquiry in the case which started on
Thursday it was revealed that Haneef would face
24-hour federal police surveillance if he
returned to give evidence, the Courier Mail
reported.
In the continuing
fallout of the controversial case, Peter Russo,
Haneefs lawyer who successfully defended
the Bangalore medico, has split with his legal
partners.
Russo attributed
it to a "political" clash with partners
of Brisbane firm Ryan and Bosscher the
states biggest criminal law practice, the
Mail said.
Russo, a defence
specialist, gained worldwide recognition after
steering Haneef to freedom after he was arrested
at Brisbane Airport on July 2 last year as he was
about to fly home to India.
Haneef was charged
with recklessly helping a terrorist organisation
after his SIM card was allegedly found with a
cousin linked to the failed UK car bombings. The
charges were dropped after he spent three weeks
in detention but the government revoked his work
visa on "character grounds".
The Australian
judiciary quashed the Government directive and
his visa was restored.
Russo said that
the high-profile case meant "I wasnt
really politically aligned with the firm any
more".
"I dont
believe they would agree with everything I say or
do with Mohammed.
"I wanted to
have a bit more freedom with what I did, and when
you are in a partnership you are super-conscious
of that," Russo was quoted as saying
But partner
Brendan Ryan blamed the rift on Russo taking the
spotlight and denied a political feud. He claimed
his staff werent given any credit for
helping Russo.
"I dont
say this out of sour grapes, but no lawyer can do
the job a client requires without ample
assistance from support staff," Ryan said.
"I was
disappointed that he didnt make more of the
people in the firm who assisted him," Ryan
said.
Russo said his
role in securing Haneefs release had
attracted plenty of unwanted attention, including
"hate e-mails".
But on the plus
side "a lot of people ring up and say,
We want you to do for us what you did for
(Dr Haneef) ".
"A terrorist
didnt get away. There was no
terrorist to start with. It was an
over-reaction to an event that occurred a long
way from here," Russo said.
Russo is hoping to
arrange for Haneefs return to Australia to
appear at the inquiry despite federal police
plans to put him under surveillance should he
return. (PTI)
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Iraq
war behind US economic crisis: Book
NEW
DELHI, May Are wars good for economy?
The idea which gained prominence during the World
War II has proved to be wrong in the case of US
war in Iraq, says a new book.
Today, no serious
economist holds the view that war is good for the
economy. Since the Iraq war began, oil prices
have gone from about $25 a barrel at the outset
to more than $90 and are rising still higher.
In America, the
war has hurt the economy in other ways, the
question being not whether the economy has been
weakened by the war. The question is only by how
much, say Joseph Stiglitz, Nobel laureate and
Linda Bilmes in their book The Three
Trillion Dollar War.
Stiglitz was Chief
Economist at the World Bank until January 2000.
Bilmes is a lecturer in Public Policy at Harvard
Universitys Kennedy School of Government.
The authors say
many people around the world, not just in the
Middle East believe the US Government went to war
because it wanted to get its hands on Iraqi oil.
We
arent going to discuss their arguments
here. It is enough to say that if America went to
war in the hope of securing cheap oil, we failed
miserably. We did, however, succeed in making the
oil companies richer. Exxon-Mobile and other oil
companies have been among the few real
beneficiaries of the war, as their profits and
share prices have soared, they say.
Meanwhile, the economy as a whole has paid a high
price, the book says.
Oil prices started
to soar just as the war began and the longer it
has dragged on, the higher prices have gone.
"This certainly suggests that the war has
something to do with the rising prices," the
book says.
The authors say
the futures markets- which summarise what buyers
and sellers of oil contracts think prices will be
in a year or more- provide some insight. Before
the war, they thought prices would remain in the
range that they had been, $20 to $30, for the
next several years.
Futures markets
work on the basis of business as
usual, that is, they assume nothing out of
the ordinary is going to happen. The war in Iraq
was the most notable out of the ordinary event at
the time prices began to rise and it is hard to
identify any other disruption that could be given
credit for changes in demand and supply,
especially in 2003 and 2004.
Now business
as usual means that the turmoil that the
Iraq war let loose will continue, and futures
markets are betting that prices will remain high
for the next several years, the book says.
"We conclude, accordingly, that a
significant proportion of the increase in the
price of oil resulted from the war", the
authors say.
By now it is clear
that the US invasion of Iraq was a terrible
mistake. Nearly 4000 US troops have been killed
and more than 58,000 wounded. One hundred
thousand soldiers have returned from the war
suffering serious mental health disorders.
Miserable though Saddam Hussains regime
was, life is actually worse for Iraqi people now.
The war has turned
out to be hugely costly in both blood and
treasure. "We estimate that the total
budgetary and economic cost to the US will turn
out to be around three trillion dollars. Five
years after it invaded the country America is
still finding way how to exit. The US and Iraq
have been the biggest losers in the war but many
other countries have incurred heavy costs, the
authors say.
The Iraq war has
contributed to a clash of
Civilisations, a perception that there is a
new crusade against Islam. Many in the Middle
East see an American strategy of sowing
dissensions between Sunnis and Shiites as part of
a grander strategy in this new
crusade, the book says.
"Regardless
of the factual basis for such beliefs, the Iraq
war has intensified feelings of animosity which
are likely to be a source of conflict for years
in the future, the book says.
The rhetoric about
a global coalition notwithstanding, the war in
Iraq has been largely an American venture, with
some political cover provided by UK. Opposition
to the war was so strong among the populations of
many of these allies that it has played a role in
unseating the Governments in Italy, P oland and
Australia.
By 2007, the US
was providing 94 per cent of the troops; at least
eighteen countries had withdrawn their troops;
and Britain had already begun major cutbacks.
Increasingly the coalition of the
willing was becoming a coalition of
one, the authors say.
On global peace
and security, the authors say the dream of the US
invaders was to create a stable, prosperous and
democratic Middle East. "But Americas
intervention in Iraq is laying the foundation for
precisely the opposite result- and the
consequences of Americas Iraqi venture for
global peace and security extend beyond the
Middle East. It has helped feed extremism
throughout the Islamic world and beyond, the
authors say.
Also, for the
first time in the history of modern Iraq, the
country now has a religiously inclined Government
that will make the taste of national
reconciliation and forming a unified Government
all the more difficult, they say. (PTI)
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Sikhs
in Pakistan want their say in Govt
LAHORE,
May 4:
Pakistans minority Sikh community seeks
representation in the Government, saying it will
help ease its social and political problems.
"The
Sikhs problems could be solved if the
community is given representation in the
Government or if a Sikh is appointed an adviser
to the prime minister," said Swaran Singh,
candidate for the post of president of the
Pakistan Sikh Gurdwara Prabandhak Committee.
He suggested that
an adviser to the prime minister should be
appointed to attract Sikhs from other countries
to invest in Pakistan. Christians and Hindus have
representations in the Government, but Sikhs have
yet to reach the national or provincial
assemblies, he said.
There are about
12,000 Sikhs in Pakistan who have been facing
several social and political problems.
Singh said every
community has its own problems and its
representatives take them up, but the Sikhs of
Pakistan have been ignored so far.
"Christians
and Hindus do not have any idea about the
problems faced by Sikhs," he told the Daily
Times.
He said many Sikh
youths were deprived of quality higher education
because they did not have any scholarship quota
in the Higher Education Commission.
While Christian
and Hindu widows receive Rs 5,000 a month as
financial aid from the Government, Sikh widows
are not given such assistance, he pointed out.
(PTI)
Hindu
temple used as auto repair workshop
KARACHI,
May 4:
Once famous for its beautiful architecture, the
century-old Ratan Talha Hindu temple in this
Pakistani port city is now being used as an auto
repair workshop.
The Auqaf
department, an autonomous body which generates
revenue from the Waqf properties through
collection of rents/lease money, leased the
historic temple, located on Ratan Street, to a
private party that converted the shrine into an
automobile workshop.
Abdul Qayum, the
workshops owner has converted the
temples main worship area into a storeroom
and has restricted local Hindus from visiting it
for worship.
The temple is
spread over an acre with two-storey buildings,
built for pundits and guests, surrounding it on
three sides. A courtyard for public gatherings is
located in the centre, and on one side is a
worship area made of iron bars.
Qayum said he had
leased the temple two decades ago and had no
knowledge of it being a shrine as there were no
statues of Gods and Goddesses when he received it
from the Auqaf department. He also claimed that
he had not restricted anyone from visiting the
temple.
"The Auqaf
department has allowed private parties to insult
the temple by converting it into a workshop.
There is no gate at the main entrance and wild
animals entering the temple upset us the
most," Maharaj, general secretary of the
Sindh Hindu Council said.
The Council has
repeatedly contacted Auqaf officials for taking
possession of the temple for renovation work but
this has been refused, he was quoted as saying by
the Daily Times.
"The
workshops owner has taken over the
dharamshala for which he pays only a
few hundred rupees to the Auqaf department as
rent," former Sindh Hindu Council minority
legislator Bheery Mal Balani said.
"Auqaf
officials sold the 14 shops in the temple and
kept a small plot of land for the temple that is
also used by the workshop," he said. (PTI)
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