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Showing posts from May 10, 2013

USA MARKET : High import charges hike prices of Indian mangoes ...

By PTI | 11 May, 2013, 06.38AM IST

Consumers in the United States are finding it difficult to buy Indian mangoes due to the high prices as compared to the ones imported from South American countries

WASHINGTON: Consumers in the United States are finding it difficult to buy Indian mangoes due to the high prices as compared to the ones imported from South American countries, a study has found out.

According to a study report released by theUS Department of Agriculture, the rise in the price is attributed to high shipping charges and profit margins kept by traders, and not the costs of meeting US health and food safety requirements for imports, an argument being put forth so far by major mango traders.

In fact Indian mangoes - considered to be the best in the world, costs five to six times higher in the US than the prices of varieties imported from Mexico and Brazil sold at USD 1 per pound, the study said.

"Many attribute the high prices of such products to the costs of meeting US hea…


Photo: Thorbjørn Hansen


The low newbuilding prices are putting pressure on Asian shipyards, and revenues are going down fast. Constructions for the offshore industry replaces the massive decline in ship orders for the commercial fleet. 

ShippingWatch has visited Daewoo Shipbuilding & Marine Engineering, which is building Maersk Line's new Triple-E, among others.

Published 10.05.13 at 11:47


Being an Asian shipyard these last few years hasn't been easy, with newbuilding prices and orders having declined significantly. 

A development which South Korean shipyard Daewoo Shipbuilding & Marine Engineering (DSME) has tried to shield itself from by focusing more on the offshore segment, says Mini Choi, assistant manager at DSME, when ShippingWatch visits the shipyard.

"DSME has changed its focus to increasingly building offshore, because the demand for b…

El oro negro: el punto de equilibrio que une a Venezuela y EE UU a pesar de las controversias


Foto: Reuters/ archivo.

(Caracas, 09 de mayo – Noticias24) – Venezuela es el quinto país exportador de petróleo y el poseedor de las mayores reservas de crudo pesado del mundo, siendo su primer socio comercial Estados Unidos, pero las relaciones políticas entre ambos países han estado llenas de algunos incidentes diplomáticos durante las últimas semanas.

El país ha estado viviendo un conflicto político desde el pasado 14 de abril, tras las elecciones presidenciales que la oposición ha decidido impugnar, y Maduro ha destacado que Estados Unidos,  quiere hacer una intervención en la nación.

Sin embargo, esta no es la primera vez que se presentan percanses de este tipo, pues en los distintos episodios que se han presentado en los últimos años, Venezuela ha amenazado al país Norteamericano con no suministrarle más crudo por las opiniones que emite, y que están afectado de alguna manera las relaciones políticas y económicas entre ambos paises.

El mercado estadounidense se ha manten…

El País: Fría acogida de Dilma Rousseff a MAMAduro

por Juan Arias

10 May 2013

La mandataria de Brasil, Dilma Rousseff, recibió este jueves al presidente de Venezuela, Nicolás Maduro, en la rampa del Planalto con un abrazo protocolario, bien diferente al que los brasileños estaban acostumbrados a ver entre el expresidente Lula da Silva y el fallecido Hugo Chávez, que se trataban de “compañeros”. 

Estaba presente al encuentro el ministro de Asuntos Exteriores de Brasil, Antonio Patriota.

Maduro, que iba pasar la jornada entera en Brasilia, llegó a la una y media de la tarde en contra de lo que se había anunciado. 

La prensa nacional ha ignorado prácticamente durante todo el día en sus ediciones digitales la llegada del mandatario al país, que tuvo lugar casi en silencio y sin declaraciones en el aeropuerto.

Dilma y Maduro se presentaron ante la prensa para un saludo y una breve declaración de que ambos países deberán trabajar juntos. Dilma destacó las resultados positivos de las relaciones comerciales bilaterales de ambos países y Maduro le …

MANGO PROMOTION IN U.K. : King of Mangoes Comes to See the Queen ...


Courtesy of Rahul Joglekar
Mango lassi being poured into glasses at the mango festival in London.

LONDON–Inside a white canvas tent in Trafalgar Square, a light orange liquid was poured into several small cups. These shots of Alphonso mango lassi vanished almost as soon as they were set down. Many had to be politely told, “Just one sample per person, please.”

Outside the tent, with the music from the nearby Vaisakhi festival, celebrating the Sikh new year, serving as a backdrop, the sweet smell of Alphonso mangoes enveloped the square.

A total of 24,000 mangoes made the journey from Ratnagiri in Maharashtra state in India for the first mango festival in Britain, which was held in London and Leiceister last weekend. For many attendees, it was their first taste of the famous Alphonso mango.

Prashanth Vishwanathan for The New York Times
Sellers stacking boxes of Alphonso mangoes at a wholesale market in Mumbai, Maharashtra.

“We know in India that the Alphonso is the king of all ma…

INTERNET BANK ROBBERY : In Hours, Thieves Took $45 Million in A.T.M. Scheme

Published: May 9, 2013

It was a brazen bank heist, but a 21st-century version in which the criminals never wore ski masks, threatened a teller or set foot in a vault.

Elvis Rafael Rodriguez, left, and Emir Yasser Yeje, two of those charged in Brooklyn on Thursday, posed in March with approximately $40,000 in cash that the authorities say they were laundering.

In two precision operations that involved people in more than two dozen countries acting in close coordination and with surgical precision, thieves stole $45 million from thousands of A.T.M.’s in a matter of hours.

In New York City alone, the thieves responsible for A.T.M. withdrawals struck 2,904 machines over 10 hours starting on Feb. 19, withdrawing $2.4 million.

The operation included sophisticated computer experts operating in the shadowy world of Internet hacking, manipulating financial information with the stroke of a few keys, as well as common street criminals, who used that information to loot the automated te…

WHEN NUMBERS LIE : What probability and statistics say about an election in Venezuela

Statistical analysis has proved effective in predicting election outcomes, however could its use also affirm results?

Last Modified: 10 May 2013 10:31

Mark Weisbrot

Mark Weisbrot is co-director of the Center for Economic and Policy Research.

'The actual result of the Venezuelan election is much simpler than any prediction, and vastly more certain. Why, then, is it treated by so many as an uncertain result?' Writes Weisbrot [EPA]

Probability and statistics were not on the favourites list of most college graduates who were required to take a course in the subject – all those permutations and combinations and probability distributions generally leave a lot of heads spinning. 

 But their real-world relevance has been growing in recent years as political polling becomes more widespread and sophisticated. 

Nate Silver of the New York Times and Sam Wang of the Princeton Election Consortium have shown eloquently that this branch of applied mathematics, combined with a good array of polls, ca…