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Success in Trading Business in a Short Time

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Trading Plans that Succeed in Business

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Success in Trading Made Easier

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Obama leading over McCain in US presidential elections

Seeking to become America’s first black president, Democrat Barack Obama sprinted into an early lead over Republican John McCain on Tuesday, as an estimated 130 million Americans began casting their votes after a long and bitter election campaign.Obama held seemingly decisive leads in opinion polls, but a defiant McCain promised an underdog upset in a race expected to be decided by fights in a string of battleground states.

“I’m feeling kind of fired up. I’m feeling like I’m ready to go,” Obama told nearly 100,000 people gathered for his final rally Monday night in Manassas, Virginia, near the site of the first major battle of the American Civil War that ended slavery.

“At this defining moment in history, Virginia, you can give this country the change it needs,” Obama said to voters in the battleground state that has not voted for a Democratic presidential nominee in 44 years.

Obama came up an early winner in two small New Hampshire towns, where a tradition of having the first Election Day votes tallied lives on.

Obama defeated McCain by a 15-6 vote in Dixville Notch, becoming the first Democrat to win there since Hubert Humphrey in 1968. Obama also won in Hart’s Location, with 17 votes while McCain had 10. The unpopular Republican President George W. Bush carried both towns in the last two elections.

History’s longest, most expensive White House campaign ended with Obama the hot favorite, enjoying wide leads in national polls and the edge in several battleground states, which could swing the election either way.

Restoring US image

Separated by 25 years and a seemingly unbridgeable political gulf, Obama and McCain had agreed on one thing—their promise to slam the door on the era of George W. Bush.

But they were deeply at odds over how to fix the nation’s crumbling economy and end the 5-1/2-year war in Iraq, the issues that sent Bush’s job approval rating plummeting to a record low at the end of his 8-year presidency.

Both have vowed to restore the frayed self-confidence of the world’s lone superpower.

Obama and McCain were chasing the 270 electoral votes needed across the diverse state-by-state electoral map to take the White House.

First state-wide results were not expected until 7 p.m. eastern time (around 8 a.m., Wednesday, in Manila).

Record numbers of Americans were expected at polling stations across the United States as long lines began forming in eastern states at 6 a.m. (7 p.m., Manila time). About 30 million citizens had already cast their ballots in early voting ahead of Election Day.

Long queues stretched in the dark from polling stations waiting to open in states including tightly contested Virginia, neighboring Maryland, and New York.

“The last eight years has been a horror story,” said Michael Smith, a 54-year-old salesman, standing in a queue of hundreds stretching around the block at a polling station in Manhattan. He said he would vote for Obama.

“The country itself is slipping in the (popularity) polls,” he said. “In the end that’s what people are going to vote for today — a new direction.”

The early vote tally suggested an advantage for Obama, with official statistics showing that Democrats voted in larger numbers than Republicans in North Carolina, Colorado, Florida and Iowa. All four states voted for Bush in 2004.

Democrats also anticipated strengthening their majority in the House of Representatives and in the Senate, although Republicans battled to hold their losses to a minimum and a significant number of races were rated as tossups in the campaign’s final hours.

To the bitter end

Both candidates were campaigning to the very end.

McCain, a 72-year-old, four-term Arizona senator, ended the campaign on Monday with a frantic and grueling dash through several traditionally Republican states still not securely in his camp or even leaning to Obama.

McCain stopped in Florida, Virginia, Indiana, New Mexico and Nevada. And he again passed through Pennsylvania, the only state that voted Democratic in 2004.

As he sought to distance himself from the unpopular Bush, McCain stressed he was deeply at odds with White House economic policies while promising to clean house in the capital after years of scandal.

“This momentum, this enthusiasm convinces me we’re going to win tomorrow,” McCain told a raucous evening rally in Nevada.

Obama was favored to win all the states that the Democrats captured in 2004, when Bush defeated Democratic Sen. John Kerry. That would give him 251 electoral votes.

He was leading or tied in several states won by Bush, giving him several paths to the 270-vote threshold — such as victories in Ohio or Florida, or in a combination of smaller states.

McCain must hold as many Bush states as possible while trying to capture a Democratic stronghold, such as Pennsylvania.

Pollsters see Obama win

While no battleground state was ignored, Virginia and Ohio, where no Republican president has ever lost, seemed most coveted. Together, they account for 33 electoral votes that McCain must win.

Several polls suggested Obama’s lead was growing.

A USA Today/Gallup poll published on Monday found likely voters nationwide favoring Obama by 11 points over McCain, 53-42 percent, with a margin of error of 2 percentage points. Other polls showed Obama with a 7 or 8 percentage-point lead.

Polls conducted by Quinnipiac University showed Obama with significant leads in two critical swing states, Ohio and Pennsylvania, and tied with McCain in Florida, where the prize is 27 electoral votes. A win for Obama in any of these three states would be hard for McCain to overcome.

Breakthrough victories in any of those traditionally Republican states—including Virginia, Colorado, Indiana and North Carolina—would likely propel Obama to the White House.

The American presidential election amounts to separate contests in the 50 US states, plus Washington, D.C. At stake are 538 electors, with the winning candidate needing to capture at least half plus one. Electors are apportioned to the states roughly according to population.

‘Vote, even if it rains’

Turnout could decide the outcome, and both campaigns revved up multimillion-dollar operations to identify supporters and get them to the voting booth.

Obama has benefited from an astounding record fundraising effort and capitalized on a US demographic shift as more young and nonwhite voters enter the electorate.

The Republicans have tried to curtail Obama’s surge, dubbing him too inexperienced, too liberal and too tainted by associations with the political left to trust with the presidency. The message appealed to core Republican voters, but appears to have failed to convince a significant number of Democrats and independents.

Despite his lead in the polls, Obama urged his supporters against overconfidence. “Even if it rains tomorrow, you can’t let that stop you. You’ve got to wait in line. You’ve got to vote,” he said.

Obama, the son of a Kenyan father and white mother from Kansas, would become the first African-American president, after a stunning rise to the pinnacle of US politics—he was not even a US senator four years ago.

Obama built a huge grassroots political movement which he hopes will drive millions of first-time voters to the polls and stifle McCain’s comeback hopes.

He promises to alleviate the economic pinch for the middle class and repair ties with US allies, open talks with foes such as Iran and Cuba, bring troops home from Iraq and refocus on the Afghan war.

McCain, leveraging his heroism as a Vietnam war prisoner and decades of experience in Washington, would be the oldest president inaugurated for a first term, if elected.

A victory for McCain would make his running mate, Sarah Palin, the first female US vice president.

Reports from Reuters, AP and AFP

Courtesy: Inquirer

Goa education minister Atanasio Monserratte’s son Rohit Monserratte has surrendered

Goa education minister Atanasio Monserratte’s son Rohit has surrendered before the police.

Rohit is accused of raping a 14-year-old German girl.

The Goa education minister appeared rather shaken while defending his son.

Monserratte said, “My son is innocent. He is paying the price for my being in politics. I will go to the heavens to prove his innocence. The entire effort is to pin me down.

Rohit had been absconding since the mother of the victim accused him and PWD Minister Churchill Alemao’s nephew, Warren, of raping her minor daughter.

Police had been hunting for Rohit since medical examination of the girl confirmed rape.

Rohit has been booked for rape and for sending lewd messages to the minor girl. But it is still not clear if the victim has named anyone in the case.

Investigations had hit a roadblock when the minor had refused to record her statement or undergo a medical examination, despite being coaxed by psychiatrists and NGOs.

Goa Police were considering reviewing the case and dropping some of the charges against Goa Education Minister’s son Rohit Monserrate.

Rohit had been missing since the registration of the complaint and the police had issued a look out notice to ensure that he does not leave the country.

Courtesy: IBNlive

Wedding bell for Amrita and Shakeel

http://www.bollywoodpremiere.com/news/pics/2008/amritaarora200908.jpg

The hot babeAmrita Arora after her break- of with cricketer Usman Afsal  now she find her real love Shakeel. They are seeing each other from  last six months and now they planning to get  married next year in  march and as such family concern the marriage will be held at a luxurious resort in Goa. Now she busy with her upcoming film Kambakht Ishq. When we want to know about her news of the marriage she said “Who said this? It’s not true. I am not getting married in March next year. Everyone was joking at a party and forcing Shakeel and me to commit a marriage date, so I told them that there are no marriage plans as of now.”

Courtesy: BollywoodPremiere

I-League Preview: Churchill Brothers SC – Dempo SC

Churchill Brothers SC take on Dempo SC in a second round I-League midweek clash, which had been postponed due to the latter’s AFC Cup participation.

Unbeaten and Not Beaten For Long Time

It sounds confusing but it isn’t. Churchill Brothers are the only side which have an unbeaten record in the league this season. With three wins and two draws, their campaign has been decent considering the slump of the big teams.

But they haven’t beaten Dempo in the top division since 8th February ’03 when Yusif Yakubu was in their ranks. Either they have lost or Dempo have won the derbies.

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While everyone in the Churchill camp is excited to beat that record, a win tomorrow would surely propel their confidence.  Churchill Brothers have the toughest week thanks to Dempo’s AFC Cup participation. They are playing three top clubs within a week – JCT (2nd Nov), Dempo (5th Nov) and Mohun Bagan (9th November). Dempo, too, play three games but one of their games is against a newly promoted side.

The last match saw Coach Zoran Djordjevic being unhappy with his midfielders as they couldn’t dominate JCT and against Dempo, it won’t be easy for sure. Odafa has scored the large chunk of goals and which makes them very predictable.

Unfinished Business

Churchill lost the title on the last day of the season on goal difference despite being level on points Dempo, who were the eventual winners.  Churchill would want to redeem themselves by winning against Dempo.

Dempo’s Tempo Missing

Mohun Bagan striker and former Dempo player Ishfaq Ahmed noticed a change in Dempo’s style when he mentioned. “Dempo just send the balls to their new striker (Mboyo Iyomi). That wasn’t Dempo’s style.”

It’s difficult to agree on this as people do make comments when the team doesn’t do well. What’s important is that the defending champions are still creating a number of opportunities in the game. That was also evident in the game against JCT and Mohun Bagan which they disappointingly lost despite dominating.

Such results either spur a team to even better their performances or it results in a slump due to lack of confidence. It’s too early to say this in Dempo’s case but certainly, six points from four games isn’t vintage Dempo.

Dempo’s defense would have to be on guard against an on-fire Odafa Okolie who is on a high with eight goals in the league from five games. Dempo need goals and they need to find it from somewhere. When playing a team like Churchill Brothers, even a 2-0 lead doesn’t seem good enough. They would need to dominate the ball possession which would leave Churchill frustrated.

Form Guide

Churchill Brothers SC

2nd November ’08 Churchill Brothers SC 1-1 JCT (I-League)

25th October ’08 Vasco SC 1-4 Churchill Brothers SC (I-League)

19th October ’08 Churchill Brothers SC 3-0 Sporting Clube De Goa (I-League)

Dempo SC

31st October ’08 Dempo 0-1 Mohun Bagan (I-League)

26th October ’08 Dempo SC 3-1 Air India (I-League)

21st October ’08 Dempo SC 1-4 Safa (AFC Cup)

Team News

Reisangmi Vashum is expected to start for Churchill Brothers SC while Beto is fit and would take his place in the middle of the park for Dempo SC.

Key Areas

The team which has the more possession would dominate. With Beto back, Dempo look a different side to the one which lost to Mohun Bagan at the weekend. Churchill would have to show the composure and maturity which is often lacking in them as a team and individually as well.

Key Players

Beto: The Brazilian adds that zing to the Dempo midfield and gets things going for them. Odafa Okolie: You have to count on him to score especially in the kind of form he is in.

Rahul Bali.

Courtesy: Goal.com

Medical test confirms rape, says lawyer

The medical examination of the German minor has confirmed that she was raped, her lawyer claimed on Sunday. “I have spoken to the doctors and they said the examination has proved that she was raped,” Aires Rodrigues said.

The medical examination of the 14-year-old girl, whose mother has accused Goa Education Minister Atanasio Monserratte’s son, Rohit, of raping and Public Works Department Minister Churchill Alemao’s nephew Warren of sexually abusing her daughter, was done on Sunday.

The examination was conducted by a panel of doctors at the Goa Medical College and Hospital at Bambolim. Accompanied by her mother and lawyer, the girl came to the forensic department of the college and had to wait almost for an hour as the doctors had to consult the GMC dean.

“A panel of doctors was constituted as the case is sensational. Otherwise, only one doctor conducts the examination,” a doctor, who did not want to be named, said.

“As per the Goa Children’s Act, even if the girl had sex with mutual consent, it amounts to rape as she is a minor,” Rodrigues said.

Courtesy: Hindustan Times

New export duty on iron ore fines leaves Goa mining industry shaken

Already reeling under the pressure of worldwide recession, coupled with an unstable rupee-value, the Goan mining industry in the private sector feels further jolted by the latest review of the export duty on iron ore.

Mr Shivanand V. Salgaonkar, President, Goa Mineral Ore Exporters’ Association (GMOEA), a body representing iron ore exporters, described the latest decision of the Union Finance Ministry, wherein duty on the iron ore fines has been revised to a flat rate of Rs 200 a tonne, as “doom for the Goan iron ore exports”.

Mr Salgaonkar described the exercise as “lack of application of mind” as he argued that by raising the duty on low grade ore, the export of which needs to be encouraged as it cannot be used for the domestic steel industry in a big way, the Goan exports have been severely hit.

Goa, he said, exports high proportion of low-grade fines, which in the new situation would become unprofitable and consequently, hit the entire industry, including their investments in the near future. Goan iron ore export, which has seen a drastic drop in the past few months due to a slump in demand from China, will be hit further.
Duty tab

While the existing export duty on iron ore was 15 per cent ad valorem, the Ministry has now retained 15 per cent ad valorem on lumpy ore, but has revised the export duty on iron ore fines (ore of less than 6 mm) to a flat rate of Rs 200 a tonne.

Goan ores are predominantly low-grade ranging from 52 per cent to 59 per cent iron. Moreover, nearly 80 per cent of the Goan ores are fines and cannot be used for domestic steel consumption, said the GMOEA sources.

“The Goan mining industry would be hit to the extent of virtually shutting down,” said Mr Salgaonkar, who is also the Managing Director of Salgaonkar Brothers Ltd, one of the leading iron ore miners and exporters of Goa.

At the present rate of Rs 200 a tonne, the increase is 30 to 90 per cent, depending upon the grade of the ore, he stated.

While the amendment in the export duty is expected to benefit producers of high-grade ore as the high-grade order commands a higher price, it would affect producers of low-grade ore to the extent that they would be forced to close down. “The Government’s move will cause exports to plummet further,” he added.

“For the past three months, the prices of ore have come down by at least 60 per cent and are on the decline. This will further deepen woes,” he said.
Job worries

The net effect in the increased duty, Mr Salgaonkar claimed, could lead to unemployment, as thousands of people are employed in mines, barges, trucks and repair workshops. About 12,000 trucks operate within the ore industry in the State.

Besides this, operations at Mormugao and Panjim ports would be dearly affected, he argued.

The Goa Mineral Ore Exporters Association has decided to petition the Union Government to correct this anomaly and do away with export duties on low-grade ores, as low-grade ore is unfit for any domestic consumption.

Mr Salgaonkar explained that a few exporters have already booked vessels for below 55 grade ore and considering the impact of the revised duty, which would be around $4-4.5 a tonne (even considering the rupee rate fluctuation) in today’s distressed world market for the iron ore, the exporters would have to pay the duty ‘out of pocket’. “This is being ridiculous,” he remarked.

According to industry projections, the slowdown in the Chinese steel market has meant that Goan iron ore exports of Goan origin ore, which amounted to 33 million tonnes (mt) last year, would slide down to 22 mt. The latest duty structure would further dent exports, the industry sources apprehend.

Courtesy: The Hindu

‘Golmaal Returns’ Review: Laughing stock!

‘Golmaal Returns’ comes at a time when people are in a mood to laugh off their worries, so this, and the memory of the madly funny ‘Golmaal’, will probably work in the favour of this Rohit Shetty sequel.

Golmaal Returns Review

Review by Deepa Gahlot

As far as comedies go, it’s passable, taking its plot from the 1973 film ‘Aaj Ki Taaza Khabar’, and just adding some more characters and a whole lot of Bollywood in-jokes—’Saawariya’ comes in for particularly wicked battering.

Ajay Devgan is a Goa-based fishery manager called Gopal Kumar Santoshi, whose TV-addicted wife Ekta (Kareena Kapoor) is of a suspicious nature. Living with them are her mute brother Lucky (Tusshar Kapoor) and his bimbo sister Esha (Amrita Arora).

One night, Gopal saves Meera (Celina Jaitley) from molesters and since their cars break down, they are forced to take shelter in a friend’s yacht. Here is one of the film’s really funny scenes—every TV channel the harried Gopal switches to, has sexy songs or scenes on it, making him feel really uncomfortable.

The next morning, unable to tell his wife the truth, he invents a friend called Anthony Gonsalves and persuades a job seeker Laxman (Shreyas Talpade) to play Anthony. The real Anthony (Vrajesh Hirjee) also turns up and to add to the confusion, a man Gopal had threatened at work turns up dead the same night that Gopal was missing, that makes him a suspect.

Esha’s boyfriend is a cop (Arshad Warsi) called Madhav Ghai (there we go again!), who is rather too eager to nail Gopal. Then there’s Laxman’s girlfriend Meera and the real Anthony’s wife (Rakhi Vijan) adding to the dizzy merry-go-round of misunderstanding.

The situation is crazy enough as it is, but to milk more humour out of it, Shetty puts in too many gay jokes, and plenty of guys being hit on the crotch. And the mute Lucky is a stand-up comic by himself, what with his goofy expressions and the weird sounds he emits— if one can forget political correctness for a while, he gets all the laughs.

Tusshar and Shreyas Talpade’s loony energy keeps the film afloat for most part, filling in for all the times when the script flags. Arshad Warsi is curiously subdued—maybe because his role isn’t much. Ajay Devgan has done better work before and Kareena Kapoor is wasted – but she makes good eye candy with her trendy wardrobe (with mangalsutra hanging out, like that of the women in her favourite TV soaps).

Surprisingly the music isn’t hummable—though a couple of songs are extravagantly picturised. People who don’t expect much more from ‘Golmaal Returns’ than some chuckles, might just be satisfied with what they get; but if anyone goes expecting a comic masterpiece they are likely to be let down.

Source: India Syndicate