Obama Visit: The economic consequences

The visit of US President Barack Obama  to India for the 66th Republic Day was full of symbolism "which can be decoded as" the United States is prepared to recognize the growing economic power of India. "India is, after all, the third largest economy in the world and is poised to grow at 7-8 percent, according to the International Monetary Fund (IMF).

 

The visit of President Obama to India has given the American business community a sign that India will be important for businesses in the United States. Other reasons for Obama's visit could be that it is ready to exploit the economic potential of India, especially if China's growth slows and the EU is facing a deflationary spiral that could become a real recession .

 

India as an important member of the BRICS is also close to Russia and China, two countries that resist the Western powers. India, with its huge population of 1.2 billion people mostly youth is a future world power, ready to provide work to countries in need. Not only will the West to software engineers, but with the aging of Europe, many care providers in India in the health sector in the EU is necessary

 

In Switzerland, Swiss Leaks ‘from bygone era’

Swiss media, business groups and regulatory agencies, tax evaders, HSBC Private Bank, the Swiss financial market since Helping incriminating data that was stolen completely reinvent "first historical value" is requested, is given.

Swiss Bankers Association, "In the past, cases," as a former employee of HSBC Geneva explaining the documents stolen by Herve Falciani, "We convince everyone knows that years ago, it has realigned the financial center Swiss, "he said runaway reaction.

 

Neue Zürcher Zeitung (NZZ) newspaper, amidst all the rage, we can not ignore a point, "he said, expressing emotions Tuesday: Revelations all 2006 and are based on customer data was stolen in 2007 ... a fact that does not exist today. "

 

Premier League: BT and Sky pay 70pc more to secure broadcast rights

Post and broken almost all forecasts covering double the 2016-17 season, has agreed to pay a total of £ 5.14bn for the three years offers.

Compared with past auction invoice is an increase of 71pc. The number of games per season 154-168 closed at the end of this time, but still appear on analysts' expectations.

An additional fee of £ 4.18bn, or pay £ 1.4 billion per year Sky will stop more severe. Compared to £ 751m annual bill under the current agreement, about 330m pounds more than analysts expected.

Was the last time, Sky won five of seven games in the existing package and held ground as the dominant broadcaster. At the same time achieving the highest viewing figures in the game Sunday night, keep the main package.

Best mobile phones

What should I buy?

We played with almost all devices on the market and need to know the top tenmoney. It must be good after all are in sight, in the pocket for the next two years. Our ranking of the best mobile phones in the UK today celebrates the brilliance of the smartphone: Love phones that add functionality to enrich our lives in many ways. We also see the price of the phone room too - which means your bottom has not always high spec features to be in our top 10.

 

Apple in big solar power deal, market cap closes over $700 billion

Apple market value of the company, was the world's largest listed.

 

Monterey County plant in California already has solar energy, Newark, California Apple data center feed.

 

"We have a fixed price for renewable energy, because a lot of hope for significant savings, and there is a big difference between this price and brown energy prices," said Cook.

 

"We know that climate change is real Apple. Time to talk about," he added. "It is time now."

 

Tempe, Arizona-based First Solar manufactures solar panels and electricity producers sold most of the construction of solar power plants.

 

This California Apartments 2900 hectare solar project construction is expected to begin mid-2015 and ending at the end of next year, First Solar said in a statement.

 

Apple, the largest capacity of 130 megawatts of electricity will receive 25 years in the industry to provide clean energy to commercial users as part of a purchase agreement, First Solar said. The remaining 150 MW production projects Pacific Gas and Electric Co. (pcg_pa. A) to go.

 

Apple does not do instead of paying to take the stake in the project and run the process at a time, First Solar said Steve Karim spokesman.

 

"They saw a way to save the economy, because the reason for this choice made," Karim said. "There is no source of volatility in the prices of other fuels. The fuel is free. This is the competitive price of other options."

 

The project would not have gone ahead without the participation of Apple, Karim said.