Top 8 Greatest Mysteries In Science

What Happens Inside an Earthquake?

Experts can explain exactly where a quake started and what type of fault is involved and maybe even predict how long aftershocks will last. But they are quite unsure of what happens inside the planet during a quake. The nature and behavior of the forces that keep faults from moving and then suddenly fail are still unknown.
"The problem of frictional sliding in earthquakes is one of the most fundamental problems in all of Earth science," said Caltech geophysicist Tom Heaton. 
"It has been a 30-year mystery story of figuring out the basic physics of the
earthquake problem."

Who Are You?

The nature of consciousness has long baffled psychologists and cognitive scientists. Part of the answer, however, is surprisingly simple: Most of what drives what we do is embedded in neural networks not readily accessible by conscious thought, said Joseph LeDoux, a neuroscientist at New York University.
"The intuitive everyday idea about the sense of self and its control over 
behavior is as incorrect as the idea that the earth is flat," Morsella agreed. 
Although we think of ourselves as independent agents, we're not. Everything 
we do is influenced by unconscious processes and our environment, he added.

How Did Life Arise on Earth?

Early evidence for simple, microbial life on Earth dates back more than 3 billion years. How it arose, nobody knows. Ideas range from chemical reactions around seafloor heat vents to reactions in rock.
"Many theories of the origin of life have been proposed, but since it's hard to prove or disprove them, no fully accepted theory exists," said Diana Northup,a cave biologist at the University of New Mexico.

How Does the Brain Work?

With billions of neurons, each with thousands of connections, 
this is a tough nut to crack.
"We all think we understand the brain--at least our own--through our experiences.But our own subjective experience is a very poor guide to how the brain works,"said Scott Huettel of the Center for Cognitive Neuroscience at Duke University.Among the enigmas: "We do not yet have a good way to study how groups of neurons form functional networks when we learn, remember, or do anything else, including seeing, hearing moving, loving," said said Norman Weinberger, 
a neuroscientist at the University of California, Irvine. "If we understand the brain, we will understand both its capacities and its limits for thought, emotions, reasoning, love and every other aspect of human life."

Where is the Rest of the Universe?

It stinks when try to study something and most of it isn't there. So it is with the universe.
"I call it the dark side of the universe," said Michael Turner, a cosmologist at
the University of Chicago, referring to the great mysteries of dark matter and dark energy.
In fact, only 4 percent of the matter and energy in the universe has been found.
The other 96 percent remains elusive, but scientists are looking in the 
farthest reaches of space and deepest depths of Earth to solve the two dark riddles.

What Causes Gravity?

You'd think this down-to-earth concept would be well understood. Heck, Newton 
figured it out long ago, right?Nope. Gravity is the weakest of all known forces in the universe, and the standard mode of physics does not explain how it works. Theorists think it 
might involve tiny, massless particles called gravitons that emanate gravitational fields.
"Gravity is completely different from the other forces described by the standardmodel," said Mark Jackson, a theoretical physicist at Fermilab in Illinois. "When you do some calculations about small gravitational interactions, you get stupid answers. The math simply doesn't work.

Does Alien Life Exist?

Life is everywhere. At least on this planet. So it's logical to assume itmight be everywhere in the universe, too. But so far we've only thoroughlyexamined one world, so the sample size is a bit small.We know now that the ingredients for life are widely distributed. And we know there are solar systems strikingly like ours our there. "We are here, made of stardust. Therefore, it is at least possible that there are others," said Jill Tarter, director of the Center for SETI Research in California. And there ought to be some smart life out there, too. "Mankind has achieved 
scientific-technological civilization only in the last 200 years or so, out of about 4.5 billion years of life on Earth," said Frank Wilczek, a Nobel-Prize winning physicist at MIT. "So it seems we ought to expect there to be many scientific-technological civilizations that have had many millions, or even billions, of years to develop."

How Did the Universe Begin?

Yes, theory holds that it all started with the Big Bang 13.7 billion years ago, with everything starting in a space smaller than the period at the end of this sentence. In the blink of an eye, it all grew to cosmic scales in by a process called inflation. Problem is, while this predicts a lot of what's seen today,  it can't be directly tested.
"Inflation is an extremely powerful theory, and yet we still have no idea what 
caused inflation--or whether it is even the correct theory, although it works
extremely well," said Eric Agol, an astrophysicist at the University of Washington. 
   

   

The world's first moving building

The world's first moving building, a 80-storey tower with revolving floors giving an shifting shape, will be built in Dubai, its architect says.
The Dynamic Tower design is made up of 80 pre-fabricated apartments which will spin independently of one another.
"It's the first building that rotates, moves, and changes shape," said architect David Fisher, who is Italian, at a news conference in New York.
"This building never looks the same, not once in a lifetime," he added.
The 420-metre (1,378-foot) building's apartments would spin a full 360 degrees, at voice command, around a central column by means of 79 giant power-generating wind turbines located between each floor. 
The slender building would be energy self-sufficient as the turbines would produce enough electricity to power the entire building and even feed extra power back into the grid, said the Italian architect at the unveiling of the project in New York.
The apartments, which will take between one and three hours to make a complete rotation, will cost from $3.7m to $36m.
There are also plans to build a similar, 70-storey skyscraper in Moscow.
"I call these buildings designed by time, shaped by life," said the Florence-based architect. "These buildings will open our vision all around, to a new life."
The skyscraper will cost an estimated $700m to build and should be up and running in Dubai in 2010.

World's Most Expensive Dresses

Hollywood actress Whoopi Goldberg hosted the 1999 Oscars dressed as Queen Elizabeth I.
The dress she wore was on loan from The House of Harry Winston and had diamond jewelry worth $40 million.

Swedish shirtmakers Eton brought out the world's most expensive dress shirt on the occasion of their 80th anniversary.The shirt is made of the finest Egyptian cotton and has studs and cufflinks encrusted with diamonds.The shirt costs a little more than $45,0000.

This dress with 325 gold Austrian coins (lent to the designer by the Austrian Mint Office), 
weighs 22 Kgs, and costs 26,900,000 JPY (233,000 U.S. dollars).The dress was designed by the Bunka Fashion College, and the coins were sown onto the cloth on the college campus under strict watch of the teachers

This wedding dress, a result of the combined efforts of designer Renee Strauss and jeweler Martin Katz,is made of 150 carat diamond jewelry. It costs $12 million.

When Marilyn Monroe famously sang 'Happy Birthday Mr. President' for John F. Kennedy, she wore a full length evening sheath dress with rhinestones embroidered in a rosette motif.While Monroe paid $2500 for the dress back in 1962, it sold at a Christie's auction for $1,150,000.

Why wedding ring should put on the fourth finger??

Thumb represents parents
Second finger represents brothers & sisters
Center finger represents own self
Fourth finger represents your partner
Last finger represents your children
Really interesting

Why wedding ring should put on the fourth finger??
Pls follow the below step, really God made this a miracle (this is from a Chinese excerpt)

Firstly, show your palm, center finger bend and put together back to back Secondly, the rest 4 fingers tips to tips

Game begins....follow the below arrangement,

5 finger but only 1 pair can split.

Try to open your thumb, the thumb represents parents, it can be open because all human does go thru sick and dead. Which are our parents will leave us one day.

Please close up your thumb, then open your second finger, the finger represent brothers and sisters, they do have their own family which is too they will leave us too.

Now close up your second finger, open up your little finger, this represent your children. Sooner or later they too will leave us for they got they own living to live.

Nevertheless, close up your little finger, try to open your fourth finger which we put our wedding ring; you will be surprise to find that it cannot be open at all. Because it represent husband and wife, this whole life you will be attach to each other.

Real love will stick together ever and forever. . .

Lastest version of RealPlayer 11.1.1 download

The RealPlayer is the first product that integrates Real's revolutionary new Harmony technology. RealPlayer enables consumers to buy and download music that plays on more than 100 portable devices, including the Apple iPod. RealPlayer is the only digital-media player you need for finding and downloading new music, playing and managing audio and video clips, and taking your digital entertainment with you. RealPlayer offers a streamlined interface that allows you to keep your media library close at hand. Keep all your digital-media clips organized in one place; save CD tracks with one click; pause and rewind live streams; transfer music to CDs and portable devices effortlessly; and enjoy clear, smooth video playback and multichannel, surround-sound support. 

Helix Powered RealPlayer is the all-in-one digital media player that lets you find anything and Play everything. This popular streaming-media player offers improved video controls and access to 3200 radio stations. RealPlayer also includes an option during setup to install the Real Toolbar for Internet Explorer. With RealPlayer you get an improved graphic equalizer and media services, including a radio tuner and an artist and music guide. Meanwhile, the Take 5 news service can offer you daily sports updates. A contextual video search helps you find interviews with your favorite artists. The RealPlayer music store lets you buy music files. Finally, you can use the software to transfer files to CDs and portable devices.

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How to dress up for job interview?

There are a few simple rules of thumb to keep in mind when it comes to selecting the right clothes for that all-important job interview. Let's face it-Teens make all kinds of instinctive judgments about others based on first impressions, and the potential boss interviewing job candidate is no different. With so much riding on the first impression they present to a prospective employer, the question, "what to wear?" takes on greater significance than usual in a job interview.

When it comes time for them to pick suits for the interview, here's the rule: Think conservative. A traditional dark blue or a dark gray suit with pinstripes is a great way to present an air of confidence and aptitude, without straying at all from the bounds of good taste. For upper- and middle-level executive positions, an accompany vest may very well be in order. Also, when picking a suit, consider the image you wish to present. According to men's fashion experts, a pinstripe suit makes you seem more authoritative, while a solid suit will make you more likable.


When it comes time to pick out a shirt, here's the rule: You can't go wrong with white. This is especially true if you are unsure about the personality of the person with whom you will be interviewing, as most candidates usually are. A white dress shirt makes sure you look properly business-like, without over dressing. If you feel you know you prospective employer well-enough that it would be appropriate to wear a shirt of light blue, or off-white, or even a shade of light green or pink, then you can certainly do so. Just remember to stick with solid-colors.

Finally, the tie you choose will help cement your image in the mind of the interviewer. Make sure they know how to tie a tie(see here) and also know the rules on ties: No cartoons. Hopefully, you already have a good selection of tiesand among that collection a variety of ties that would be appropriate for a job interview, and unless your interview is in the fashion or music industry, you'll want to select a tie in a conservative color with a traditional pattern. And it is usually best to stay away from ties decorated with your favorite logo. Just imagine them showing up at the job interview with their Red Sox tie around their necks only to see the signed Derek Jeter jersey on the office wall during the interview.

The most important thing during any job interview is presenting themselves as a capable person, worthy of the job. The clothes they choose to wear go a long way in helping them get that point across.

I hope you found this helpful.

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It's software that allows you to download videos from YouTube and many others and convert them to other video formats. The program is easy to use, just specify the URL for the video you want to download and click the Ok! It also allows you to convert downloaded videos for iPod, iPhone, PSP, Cell Phone, Windows Media, XVid and MP3.  Now, plays videos downloaded.

Version 2.1.7 now supports most of your favorite video sites including Yahoo Video and Daily Motion.

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Nuclear bomb tests help to identify fake whisky

Radioactive material flung into the atmosphere by nuclear bomb tests is helping scientists to fight the multi-million pound trade in counterfeit antique malt whisky. 
Bottles of vintage whisky can sell for thousands of pounds each, but industry experts claim the market has been flooded with fakes that purport to be several hundred years old but instead contain worthless spirit that was made just a few years ago.
Scientists have found, however, that minute levels of radioactive carbon absorbed by the barley as it grew before it was harvested to make the whisky can betray how old it is.
Researchers at the Oxford Radiocarbon Accelerator Unit, which is funded by the National Environmental Research Council, discovered that they could pinpoint the date a whisky was made by detecting traces of radioactive particles created by nuclear bomb tests in the 1950s.
They can also use natural background levels of radioactivity to identify whiskies that were made in earlier centuries.Dr Tom Higham, deputy director of the Oxford Radiocarbon Accelerator Unit, said: "It is easy to tell if whisky is fake as if it has been produced since the middle of the twentieth century, it has a very distinctive signature.

"With whiskies that are older, we can get a range of dates but we can usually tell which century it came from. The earliest whisky we have dated came from the 1700s and most have been from 19th century."So far there have probably been more fakes among the samples we've tested than real examples of old whisky."

8 Great Ways to Land Your Dream Job

Even as jobs become harder to find, too many job-seekers rely on a tunnel-vision strategy that makes use of only one or two job-search methods. That strategy may eventually land you a job, but it's likely you'll spend more time being frustrated than interviewed.So should you rely on job fairs, Internet job boards or social media for employment leads? The answer for most successful job-seekers is all of the above and then some.A multipronged approach makes the best use of your time and energy. Check out these eight ways that people search for jobs.

1. Internet job boards
Mainstream Internet job boards such as Monster.com and Careerbuilder.com were once the go-to resource for job-seekers.Although these job boards have been around for about 15 years, they are quickly running out of steam, in part because there are fewer jobs to post and overwhelmed employers often take jobs offline after receiving thousands of resumes in a single day.

2. Networking through personal contacts
Personal contacts are the most effective way to job search. More than 80% of jobs get filled via referral, says J.T. O'Donnell, a career strategist and consultant based in North Hampton, N.H.  
Networking means more than name dropping. "It's not who you know, it's who knows you," she says.

3. Career consultants
Career consultants may not get you a job per se, but they can be effective in helping job-seekers brand themselves, a trend that is becoming more important in an economic climate where competition for jobs is intense.

4. Recruiters, private employment agencies
Recruiters, sometimes known as headhunters, are hired by companies and organizations to fill open positions. Many times they are hired to fill executive positions, and they are always paid by their clients, not the job-seeker.

5. Internships
Internships can be great ways for students to gain real world experience in their area of study.

6. Job fairs
Job fairs have gained a lot of visibility lately.In healthier economies, they typically attract hundreds of job-seekers but lately the numbers have escalated to thousands.Still, job fairs should be part of a multipronged approach to meet employers in person and possibly find jobs. However, they may not be as effective if you are looking for something other than entry-level work.

7. School career placement offices
Most colleges and universities have career placement offices. The problem is many students either don't know they exist or don't effectively utilize them until they are ready to graduate.Career placement offices help students with resume writing, interview coaching, job postings and other services, but not all are known to be a good resource for job-seekers.

8. Government employment services
They help job-seekers with career counseling and occupational testing services and will often help match you with available job openings at no cost.

To Coma, or Not to Coma

So for whatever reason, my mind began to wander today…and it wandered into Comas. Yes…Comas…as in, extended periods of sleep that in turn are the closest thing to time travel we have. As the eternal optimist, it occurred to me, that Comas can be Cool (and yes, that will be my slogan for the service I am about to explain to you).
For most of us, the coma is considered a bad thing…a tragic thing. Someone experiences a trauma, and lay in a state of sleep for days…months…sometimes years!!! Families cry, people are forgotten, etc. HOWEVER!!! As well all know, there are folks (ha…I love that word)…anyway…there are folks out there with no really significant personal ties, or the ties they do have are more like unfortunate attachments. For these people, a coma could be sort of appealing…yes…appealing.

Think about it. The possibilities are endless here…especially if we take into account the lowering of body temperature, thereby slowing the aging process. But that is a side note, and you can refer to my article in Scientific American for my dissertation on “Cryogenics and You: How to See Tomorrow and Beyond” for more info on that!! Sorry for the tangent.
Back to Comas. What if you were down on your luck, had no real ties to speak of, and wondered…what will TV look like in 10 years?? What if you could buy a Coma!!! You could just skip all this boring “life” stuff and start over…in the future!!!
There could be multiple benefits here…on multiple levels. Here are the services that came to my mind…and this is just the beginning:

The Technology Coma:

-You just aren’t happy with your toys, and you don’t wanna miss out on the cool, amazing products that will be available in 10 – 20 years…heck…buy a coma!!!

The Relationship Coma:

-You just don’t have the heart to break up with her/him. Want an easy out? Buy a coma!! What are the odds she will continue to date a vegetable…shhh…she’ll never know you paid for it.

The What the Hell Coma:

-For the person that has nothing better to do…why not take a long hair!?!?!

The Insomniac Coma:

-There is a cure after all!!!!! And then some

The Medical Coma:

-Dont wanna suffer through treatment?? Have your treatment while comatose!! Wake up healthy!

And finally The Adventure Coma:

-You buy the coma, we pick the year you wake up. You could even pay extra to be moved while you sleep. Imagine waking up 30 years later in the now thawed arctic circle!?!?!?!

Download Virtual DJ Studio 5.2

VirtualDJ is the DJ software used by many big brands such as Numark or Hercules, and is used around the world by bedroom DJs and professional superstars alike. With its breakthrough BeatLock engine, your songs will always stay on the beat, and you can work your mixes incredibly faster than any other DJ. The automatic seamless loop engine and the synchronized sampler will let you perform astounding remixes on the fly. The video engine lets you mix and scratch music videos as easily as audio. You can also use a special timecode vinyl and scratch MP3s or videos directly on a real turntable. Add to that customizable interfaces to suit both beginners and professionals; A visual beat display; An infinite number of cues; VST, freeframe and proprietary beat-synced effects; Karaoke; Internet broadcast; Recording and burning; CDs, vinyls and DVDs ripping; Automatic playlist mixing; DRM compatibility; Headphones and external mixer modes, and compatibility with many existing DJ devices.

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NEVER LIGHT CANDLE in A/C ROOMS.

A friend in our group passed away last week due to
carbon-monoxidepoisoning. It happened when she lighted an aroma
Theraputic candle for the night in a room withair-conditioner ON.
Due to lack of oxygen in the room, the burning of the candle cannot
Fullyoxidize & thus forms dangerous carbon monoxide.
Carbon monoxide will prevent oxygen exchange in the lungs, resulting in the
Person dozing off to a state of unconsciousness & eventually death in less
Than an hour, depending on the room size.
This email is to make you aware of such danger when lighting aroma
Theraputiccandles in any unventilated rooms.

Guinness World Records Book 2009

The 54th edition of the Guinness World Records book has been released. In the 2009 version we can find a few interesting world records such as:

The World’s Oldest Bridesmaid (105 years old)

The Most Expensive Ice-cream Sundae (£12,000)

The World’s Longest Dog, with a nose to tail length of 2m 32cm (7.61 feet)

Oldest living person (114 years and 115 days - Edna Parker, US)

Largest underwater press conference (61 journalists)

Most rotations hanging from a power drill (141)

Worlds fastest talker (655 words per minute)

Fastest suitcase escape (7.04 seconds)

Oldest DNA (800,000 years)

Many of the records in the book were set on last year’s Guinness World Records Day (November 9) when 200,000 people around the world joined in to make or break records as part of the international event.

Sale of KKR

Future Mobile

User of facebook

Facebook regularly attracts more than 200 million people to its website, but the company is now looking for ways to permeate the lives of its users without the need to check-in to the Facebook site. The Palo Alto, California company unveiled tools on Monday that allow third-party Web developers to harness the wealth of content generated by Facebook users and to build new online products and services. Facebook said in a blog post announcing the so-called Open Stream API that Facebook's user-generated content could ultimately be available in a variety of places, from new online services that do not require a Web browser to specialized cell phone applications. 

"In the coming months, you'll be able to interact with your stream on even more websites and through more applications, in ways we're only beginning to imagine," Facebook engineer Justin Bishop wrote on the Facebook blog. The latest move represents Facebook's most significant effort to export its content across the Web and comes as Facebook continues to struggle to parlay the massive traffic on its website into meaningful revenue. 

"The overall goal for Facebook is to be the platform for connecting, whether it be on Facebook or outside Facebook. So I think having both strategies is pretty smart," said IDC analyst Caroline Dangson. 

Dangson says Facebook could eventually create an advertising network by forging revenue-sharing agreements with companies that build products based on content from Facebook users. 
As a private company, Facebook does not disclose its financial information. Some media reports have projected that Facebook's revenue could range between $400 million and $500 million this year. The two most popular U.S. online properties, Google Inc and Yahoo Inc, generated $5.5 billion and $1.6 billion, respectively, in the first quarter alone. Facebook has increasingly positioned the news stream -- the barrage of status messages, photos and videos that users post for viewing by their network of friends -- as the centerpiece of its service. Last month, the company redesigned its homepage, giving the news stream much greater prominence. 
Allowing other companies to leverage the news stream takes a page from the playbook of microblogging start-up Twitter, which has fostered a growing network of innovative websites and services based on the content generated by Twitter users. Facebook will be hosting a small event for developers at its headquarters later on Monday to brief them on the Open Stream API.

Alien-Looking Places on Earth

Dry Valleys (Antartica)

Antarctica's Dry Valleys, with their barren gravel-strewn floors, are said to be the most similar place on Earth to Mars. Its fascinating landscape, located within Victoria Land west of McMurdo Sound, get almost no snowfall, and except for a few steep rocks they are the only continental part of Antarctica devoid of ice. The terrain looks like something not of this Earth; the valley’s floor occasionally contains a perennially frozen lake with ice several meters thick. Under the ice, in the extremely salty water, live mysterious simple organisms, a subject of on-going research.

The Richat Structure (Mauritania)This spectacular landform in Mauritania in the southwestern part of the Sahara desert, called the Richat Structure, is so huge with a diameter of 30 miles that it is visible from space. The formation was originally thought to be caused by a meteorite impact but now geologists believe it is a product of uplift and erosion. The cause of its circular shape is still a mystery.

Rio Tinto (Spain)

The giant opencast mines of Rio Tinto create a surreal, almost lunar landscape. Its growth has consumed not only mountains and valleys but even entire villages, whose populations had to be resettled in specially built towns nearby. Named after the river which flows through the region-itself named for the reddish streaks that colour its water-Rio Tinto has become a landscape within a landscape. The river red water is highly acidic (pH 1.7—2.5) and rich in heavy metals. 

Sony Play Sation 3 outsells Wii for second month in Japan

Sony Corp's PlayStation 3 game console outsold Nintendo Co Ltd's Wii for a second consecutive month in April in Japan, helped by a launch of a trial version of Square Enix's upcoming "Final Fantasy XIII" role-playing game, a game magazine publisher said. Domestic sales of the PS3 came to 108,530 units in the four weeks through April 26, compared with 67,116 units of the Wii, Enterbrain said on Friday. 

Video game sales are closely watched for hints on how soon Sony can turn around its struggling video game operations and how much growth momentum Nintendo has left. The PS3 sold more units than the Wii in March for the first time in 16 months in Japan thanks to new PS3 titles from Sega Sammy and Capcom Co Ltd. 

Microsoft Corp, which has been struggling to compete with Sony and Nintendo in their home market, sold 27,381 units of the Xbox 360 in April in Japan.

Swine Flu catoon

Tata Motors to bring the Range Rover model in India.

From the Land Rover portfolio, Tata Motors has decided to bring the Range Rover along with the Discovery model in India later this year. The Range Rover is a four-wheel drive luxury sport utility vehicle (SUV) produced by Land Rover in the United Kingdom. It was first introduced in 1970. The Range Rover is available with a twin turbo V8 diesel or supercharged V8 engine. Range Rover has six-speed automatic transmission with CommandShift as standard. Range Rover is equipped with a network of safety features that monitor the performance of the vehicle.

TATA NANO

The total parts of the tata nano car............is it interesting!!!!!!!!!!!

Mobile sales 'in record decline'

Mobile phone sales have plummeted by a record amount in the first quarter of 2009 as the global financial crisis sapped demand, a research firm said.

The number of phones shipped worldwide in the first three months of the year dropped by 13% to 245 million units from the same period last year. 

Strategy Analytics said all of the five biggest mobile phone-makers had drops in sales. 

But Apple's iPhone defied the gloom to post a 123% annual gain in sales. 
Strategy Analytics said the previous worst quarter for mobile phone sales was in the third quarter of 2001. 

Massive declines 
Nokia, the world's largest mobile phone maker, had a market share of 38% in the quarter. That is three percentage points less than a year earlier. MARKET SHARE: 2009 VS 2008 
Nokia: 38%, down from 41%
Samsung: 19%, up from 16%
LG: 9%, flat at 9%
Motorola: 6%, down from 10%
Sony Ericcson: 5.9%, down from 8%


Its sales dropped 19% to 115.5 million units. 
Meanwhile Motorola posted sales figures of £3.7bn ($5.4bn) for the first quarter of 2009 which is down by 28% when compared to last year. It sold 14.7 million handsets which is just over half the amount it did twelve months ago Sales were just as bad for Sony Ericsson. The Swedish-Japanese venture sold 14.5 million mobile phones between January and March, down 35% from the first quarter of 2008. The company made a pre-tax loss of £319m ($467m) in that period. 
Samsung sales fell 1% to 46.3 million units. And Korea's LG had a 7% drop in sales, to 24.4 million units. The iPhone, the first phone by computing firm Apple, had sales of 3.8 million, up from 1.7 million units the previous year. 
"We expect Apple to launch one or more new models in the coming months as it seeks to maintain its breakneck growth rate," Strategy Analytics said.

Capital machinery imports fall in Bangladesh

Opening of letter of credit (L/C) for importing capital machinery during the July-March period of the current fiscal year (FY) declined by as much as 31.53 percent from the same period last year, the central bank data show.

Total L/C opening also showed a negative growth of 6.14 percent during the nine-month period of FY2008-09 compared to that of the previous FY.Experts termed the trend a 'collapse in new investment demand' and blamed the ongoing Western recession for this decline.

“Setting up new industrial units is being postponed on the recession effects,” said Khandaker Ibrahim Khaled, chairman of state-owned Bangladesh Krishi Bank and a noted economist.

Zaid Bakht, a research director at Bangladesh Institute of Development Studies, also said uncertainty in the world economy has caused this investment decline.
The investment pessimism appears to be intense among the textile industries where L/C opening rate for capital machinery import has declined by around 40 percent. There is also a substantial drop in L/C opening in other sectors such as food grains, petroleum and raw materials.
Raw material import also showed a negative growth of 0.53 percent, meaning that the existing companies are facing problems with their business.
The Bangladesh Bank (BB) data show only $876.22 million worth L/Cs were opened in the first nine months of the current fiscal year to be ended in June compared to $1,279.71 million during the same period last year.
L/C opening for import of industrial raw materials also declined by around $20 million to $1,556 million during the period.
During the July-March period of 2008-09 total L/C opening was of $16,417 million, which was $17,490 million in the same period last year.
This drastic fall in L/C opening had occurred before the country began to feel the full impact of the ongoing global financial crisis. Entrepreneurs seem to be very cautious about new investments and even expanding their existing activities.
“No new investment means no new jobs,” said Ibrahim Khaled, also a former BB deputy governor.
He said banks are flooded with liquidity indicating that they hardly receive any new investment proposals.
“Investors will show a 'wait-and-see' attitude until the announcement of the next fiscal year's budget,” said Zaid Bakht.
He cautioned the government about the implementation of the stimulus package, otherwise aggregate demand might decline.

interesting news Refrigerated Beach in Dubai

Versace, the renowned fashion house, is to create the world’s first refrigerated beach so that hotel guests can walk comfortably across the sand on scorching days.
The beach will be next to the the new Palazzo Versace hotel which is being built in Dubai where summer temperatures average 40C and can reach 50C.
The beach will have a network of pipes beneath the sand containing a coolant that will absorb heat from the surface.The swimming pool will be refrigerated and there are also proposals to install giant blowers to waft a gentle breeze over the beach.Soheil Abedian, founder and president of Palazzo Versace, said he believed it is possible to design a refrigerated beach and make it sustainable. “We will suck the heat out of the sand to keep it cool enough to lie on,” he said. “This is the kind of luxury that top people want.”Hyder Consulting, a British construction consultancy, is overseeing the engineering on the project. The hotel will be marketed strongly in the UK where Dubai is a popular tourist destination, attracting about 800,000 Britons a year.Abedian’s firm began its association with Versace a decade ago with the idea of creating the first chain of luxury fashion-branded lifestyle resorts.The first Palazzo Versace is already operating on Australia’s Gold Coast – where Kate Hudson and Matthew McConaughey, the actors, have stayed – and the Dubai hotel will be the second when it opens late next year or early 2010. The 10-storey hotel will have 213 rooms, several with their own internal swimming pools, plus 169 apartments. Fifteen more such hotels are planned.
Competition to serve the world’s rich is getting intense, especially in Dubai. The city already boasts the world’s first seven-star hotel, the Burj Al Arab, while Armani, a competitor with Versace, is building a similarly branded Dubai hotel.The refrigerated beach is designed to give Versace the edge in this battle of luxury lifestyles. The system will be controlled by thermostats linked to computers.Versace’s plans have shocked environmentalists. Rachel Noble, the campaigns officer at Tourism Concern, which promotes sustainable tourism, said that the carbon generated by such projects would contribute to climate change, whose worst effects would be felt by the poor.

“Dubai is like a bubble world where the things that are worrying the rest of the world, like climate change, are simply ignored so that people can continue their destructive lifestyles,” she said.
Aided by cheap oil and gas, Middle Eastern nations have poured enormous resources into controlling temperature. About 60% of Dubai’s huge power bill is for air-conditioning; each person living there has a carbon footprint of more than 44 tons of CO2 a year.

Funny catoon

Recent news of Shah Rukh Khan

Shah Rukh Khan arrived back in India from South Africa to perform at a big fat Indian wedding ceremony in Mumbai in payment of rupee 4 core............is it interisting.

Michelle Obama Wears $540 Designer Sneakers to Feed the Poor !!!!

First Lady Michelle Obama, who's become quite the fashion role model with her J.Crew wear and buff-arm-spotlighting sleeveless frocks, is under scrutiny for what she wore on her feet the other day.

They're trendy Lanvin sneakers. Which look really nice and comfy and all. Trouble is, they cost $540. If you can find a pair anywhere
And, of course, if you've got $540, plus -- what? -- 9 or 10% tax in some places. Which seems like a lot for two shoes not guaranteed to benefit your jump shot.

The other trouble is that -- wait for it -- she wore them to a poverty event, a Capitol Area Food Bank for Feeding America to provide much appreciated help and publicity to benefit the food bank.

Mrs. Obama also has gone to serve a lunch hour at soup kitchens in Washington, where an unidentified presumably homeless person showed up with a camera cellphone to capture Mrs. Obama, who kindly posed for the man.

The Next Big Idea in Management: The 3 x 5 Card

A few years ago economists discovered the human being--or more precisely, the human brain. All of a sudden "emotional man" supplanted "rational man," and real human behavior replaced perfect information as the basis for economic theory. The behavioral school of economics was born and the dismal science was reborn.

If you keep track of recent developments in business thinking, the same trend is cresting in the field of management. Call it "behavioral management": new, daring management theory is built on a combination of brain science, game theory, and close observation of how we actually behave as leaders, managers, and employees. 

It's an approach that you could say is built to stick, one you can understand in the blink of an eye. But I've got a better idea: the 3 x 5 card. It's the critical low-tech tool for an alternative school of management that I'm championing. It's an approach that focuses on new rules for work and life--rules that are reality-tested and results-oriented. Rules that fit this time of economic volatility and individual uncertainty. In other words, rules that actually make sense and work.

I learned this 3 x 5 card approach from the late, great HBS professor and HBR faculty editor Ted Levitt back in the late 1980s. Now I've systemized it in a new book, Rules of Thumb: 52 Truths for Winning at Business Without Losing Your Self. 

Ted was the faculty editor at HBR and I was managing editor. What I saw him doing was simply brilliant--or brilliantly simple. Every day Ted would start off with a small stack of 3 x 5 cards in his shirt pocket. When he heard an idea that clicked with him--one where the words were just right, where they expressed perfectly a thought or a proposition that Ted instantly knew made sense--he'd pull out a 3 x 5 card and write it down. At the end of the day Ted would transfer the cards he'd written on into various files he kept of ideas he wanted to pursue himself or assign to someone else for an HBR piece.

I copied Ted's system. It not only lead me to original insights and keen observations, it also made me a better listener. It became the basis for how HBR pieces originated, and later, after I left HBR to start Fast Company magazine, how we created pieces there. 
When you keep 3 x 5 cards close at hand, you don't just listen to what people are saying; you listen into their ideas. You pay close attention to the way the words work--or don't work--to capture an idea or an argument. As an involved listener you help others frame or reframe an idea so it clicks into place: you become an idea chiropractor. You find yourself using your conversations strategically, listening to learn, and learning to make sense of the world. And each day, as you assemble that day's collection of 3 x 5 cards, you discover new lessons that help you develop your own understanding of how the world really works, your own rules of thumb that comprise your guide to work and life in a time of unrelenting turbulence.

At least that's how it worked for me. I've been collecting 3 x 5 cards ever since Ted introduced me to the practice. I see them as a handbook for our current economic problems and a playbook for creating a more sustainable future. Some of these insights could even have helped us avoid the economic mess we're currently enduring, if only we'd been paying attention.

Take, for example, Rule #37: All money is not created equal. It's a rule I learned when I was raising the money to start Fast Company. While I was eager to launch the magazine, it quickly became clear to me that some of the money that I could have taken wasn't money I wanted to take: it came with strings--or other people's reputations--attached. And while I wanted the money, that was baggage I didn't want to carry. I quickly learned that there's good money and bad money, smart money and dumb money, clean money and dirty money. There's even money that only looks like it exists--and then disappears. 

A simple 3 x 5 card with this management principle written on it explains the disappearance of Lehman Brothers and Bear Stearns, and the economic havoc wreaked by Bernie Madoff.

Another rule that is worth adopting in today's new managerial curriculum is #50: On your way up, pay attention to your strengths; they'll be your weaknesses on the way down. Venture capitalist John Doerr of Kleiner Perkins taught me this rule. It's too bad the top executives at General Motors, Ford, and Chrysler weren't there with their own 3 x 5 cards when John said it. For years the mantra in Detroit was, "Big cars make big profits; small cars make small profits." As it turns out, big cars also leave big craters when the game suddenly changes. It's not just that what goes up must come down. It's more that what took your company (or career) up is more than likely to be the very thing that brings it back down. Learn to pay attention to your strengths and your weaknesses; depending on the circumstances you find yourself in, they can be the same thing.

The ultimate lesson of the 3 x 5 card school of management is this: in turbulent, unpredictable, rapidly changing times, we're all looking for things that work. The old rules don't fit the new environment. They either don't produce the right results or they simply don't adequately describe what we see unfolding in front of us. As managers and leaders, we all need to look with fresh eyes and listen with open ears; we need to come up with our own rules of thumb, ideas and practices that help us make sense of change as we make our way in the world. It could be as simple--and as insightful--as a collection of 3 x 5 cards.

The Best Business Model

The secret to orchestrating your business's success is simpler than you think, according to Harvard's Umair Haque

"Nice content—awesome presentation! What did you use to make it?!" 

That's what everyone who sees my BRITE presentation asks me. It's a new service called Prezi. And it's insanely great—the minute I saw it I had to have it, no questions asked. So, for the first time in half a decade, I found myself doing the unthinkable: paying for software. 

And that made me reflect on something that I thought I'd share. 

Everybody's searching desperately for business model innovation: Detroit, newspapers, record labels, banks. No market is left untouched, no value proposition sacrosanct. 

Yet, the best business model in the world is also the simplest: make stuff that's insanely great. Stuff that's insanely great does what Prezi does—amazes, enriches, and inspires. That kind of stuff doesn't need a hard sell, a new market, or a convoluted product range. It just needs to be. 

The converse is also—and perhaps more importantly—true. 

Business model innovation is often self-defeating and self-destructive. The real problem with business model innovation is that it dilutes the incentives to make good stuff in the first place. It lets boardrooms hide from the profound challenge of making insanely great stuff in the first place. 

Why? 

Business model innovation creates a kind of adverse selection. It offers a kind of insurance: if we can find more efficient ways to sell stuff, we don't have to make better stuff. When we invest in selling stuff better—instead of making better stuff—unsurprisingly, the stuff we make often turns into lemons. 

The 90s and 00s have been full of companies churning out the same old lame, toxic junk and trying to sell it in new ways—instead of detoxifying it. Consider Detroit: integrating into auto finance was a significant business model innovation. But it created perverse incentives. When Detroit could finance cars, it had a greater incentive to push volume and seek a purely financial cost advantage than it did to make insanely great cars in the first place. The lesson? Business model innovation dilutes the incentive to make stuff that's insanely great. 

For most companies, the costs of business model innovation exceed the benefits. The victims of business model innovation? It's a long, long list. The Gap started up Old Navy—which diluted the incentives for the Gap to make better clothes in the first place. Newspapers have struggled with new services for a decade—instead of simply seeking to write more interesting, more timely, and more relevant articles. 

The best example of business model adverse selection is hidden in plain sight: the financial crisis. Banks, insurance companies, and hedge funds decided that securitization was the business model innovation of the century. Why did lemons dominate the market? When everyone could remix, repackage, and resell everything, the incentives for anyone to not produce toxic junk imploded. Business model innovation diluted the incentive for goodness. 

Let's summarize. 

When you can make awesome stuff, you don't need to find "better" ways to sell it. The fundamental challenge of the 21st century isn't selling the same old lame, toxic junk in new ways: its detoxifying and dezombifying it, by learning how to make insanely great stuff in the first place.

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Windows 7 could launch as early as August

May 1, 2009 (Computerworld) Although Microsoft Corp. refuses to name a delivery date for Windows 7, it could launch the new operating system as early as August, according to timeline comparisons of significant dates for Windows XP and Windows Vista.

Those calculations bolster speculation that Microsoft has already set a ship date. Earlier this week, for example, a senior Microsoft executive said that a release in time to make 2009's crucial holiday selling season was "accomplishable," a departure from policy that has only promised to deliver Windows 7 within three years of Vista's appearance.

Yesterday, the gadget site Pocket-lint went even further as it said Acer Inc.'s Bobby Watkins had pegged Oct. 23 as Windows 7's launch date.

Watkins confirmed that Acer customers who buy a Vista-powered computer in the 30 days leading up to Oct. 23 will receive a free upgrade to Windows 7. "October 23 is the date that Windows 7 will be available," said Watkins, managing director of Acer's U.K. operations in an interview with the site. "There is a 30-day upgrade time so that customers don't wait to buy a new computer, so if you buy during that 30-day period, you'll get a free upgrade to Windows 7."

Comparisons with XP's and Vista's development pace show that Watkin's Oct. 23 date is feasible. In fact, if Microsoft adheres to a schedule similar to XP, it could roll out Windows 7 as soon as late August.

In 2001, Microsoft issued its first Windows XP release candidate (RC1) 115 days before it shipped the operating system on Oct. 25. Five years later, Microsoft publicly unveiled Windows Vista 138 days after it delivered that OSs' first release candidate.

Applying the 115- and 138-day spans to the May 5 public availability of Windows 7 Release Candidate (RC) puts the new operating system's launch date somewhere between Aug. 28 and Sept. 20, 2009, assuming Microsoft follows a trajectory like it did with XP or Vista.

Microsoft today declined to comment on a Windows 7 ship date. A company spokeswoman stuck to the official, and well-practiced line. "We are currently in the development stages for Windows 7 and expect it will take approximately three 3 years from Windows Vista Consumer [general availability] to develop," she said in an e-mail response to questions. "The specific release date will be determined once the company meets its quality bar for release."

Windows 7 RC was made available yesterday to subscribers of the for-pay Microsoft Developers Network (MSDN) and TechNet services. After several hours of problems early Thursday that blocked subscribers from downloading the RC, Microsoft had fixed the trouble and put both sites' download pages back online.

When to Keep Your Mouth Shut

Here are five situations in which saying less would have been more.

1. Describing one more product feature, after the customer's facial expression indicates that she has already decided to buy. By describing an additional feature, the only thing you can possibly do is trigger an objection the customer had never considered. 

2. Beginning any meeting or speech by letting your audience know that you are poorly prepared or prepared at the last minute. At a minimum, this demonstrates a lack of respect for the importance of the event or other participants. In most cases, you also decrease the authority of your conclusions.

3. Asking a question that shows you have absolutely no idea about something you really should understand. I know, people often say there's no such thing as a dumb question. But, frankly, that's just . . . well, dumb. Sometimes it's much wiser to do some research (or ask a friend) to get grounded, and then go back with "smart" questions.

4. Trying for a second laugh after your first spontaneous comment proves amusing. (Think of this as the George Costanza rule for any of you who are Seinfeld fans.) It almost never works. Quit while you're ahead.

5. Assuring people things won't happen that people never imaged would. An airplane with enough fuel should be a given.

Shhhhh . . .

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Chrysler files for bankruptcy; signs Fiat deal

DETROIT/WASHINGTON, May 1 (bdnews24.com/Reuters) - Chrysler LLC -- battered for the past two years by disappearing global auto sales and the credit crisis -- filed for bankruptcy on Thursday and announced an industry-changing deal with Fiat after talks to restructure its debt broke down. 
Despite weeks of intense negotiations, Chrysler failed to gain the full support from its lenders to avoid the first-ever bankruptcy filing by a major US automaker. 
The move was hailed by President Barack Obama as a critical step in saving 30,000 jobs at Chrysler and hundreds of thousands more jobs in affiliated suppliers and dealers. 
At the same time, Chrysler as expected entered into an alliance with Italian automaker Fiat SpA where it sold a stake starting at 20 percent and in which Fiat can become the majority owner once the government loans are repaid. 
The Chapter 11 filing, in US Bankruptcy Court in Manhattan, sent shock waves through the entire industry -- including Chrysler's rivals, suppliers, dealers and the hundreds of thousands who rely on the industry for their livelihoods. 
As part of the filing, the US government will provide up to $3.5 billion in debtor-in-possession (DIP) financing and up to $4.5 billion in exit financing. Obama said he hopes the entire process will take only 30 to 60 days.

Centers and Major Research Projects

Here is a list of all MIT centers. See the difference...

• * Center for Computational Research & Management Science
  * Center for Energy & Environmental Policy Research
  * Center for Future Banking (CFB)
  * Center for Information Systems Research
  * Institute For Work & Employment Research (IWER)
  * Laboratory for Financial Engineering
  * Lean Advancement Initiative (LAI)
  * MIT Center for Collective Intelligence
  * The MIT Center for Digital Business
  * MIT Entrepreneurship Center
  * MIT Leadership Center
  * MIT Workplace Center
  * Operations Management Group (OMG)
  * Operations Research Center
  * Organization Studies Group (OSG)
  * Productivity >From Information Technology (PROFIT)
  * SeeIT
  * System Dynamics
  * Virtual Customer Initiative

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