US Shutdown

This is on the US ‘shutdown’ and the impact on other countries.

Summary:

• America’s biggest export is war!!!
• US regularly interferes with domestic affairs of other countries.
• US partly responsible for the inflation in India
• For now the crisis is averted.
• If crisis arises in US, rest of the countries go in to crisis. Why?
• Is there any way to downsize Uncle Sam?

Details:

• America aggressively interferes to put it mildly in the internal affairs of other countries as it has done in Vietnam, Iraq Afghanistan etc.America’s biggest export is War!!!

• When US economy sneezes the world catches dengue. This is very true as US regularly interferes with the domestic affairs of other countries even when it has no conscious intention of doing so.

• The slowing of the Indian economy and fall of Indian rupee against dollar – which resulted in increased inflation is partly due to US policy decisions regarding economic mess it has created for itself

• For now the crisis – Shutdown is averted by a deal between democrats and republicans in Washington. But how long? Any crisis, which arises in US, is crisis for rest of the world? Is there any way to downsize Uncle Sam?

Reference “US Creates problems to world like an overgrown teenager with Attitude – Downsize Uncle Sam” – by Jug Suraiya, Times of India, Page 18. 23rd Oct 2013

Related articles

• US Shutdown: What Does it Mean for Markets and the Global Economy? (hispanicbusiness.com)
• Who and What Are To Blame for Uncle Sam’s Imminent Shutdown? (senseoncents.com)

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An Airport at Panvel makes no sense

Summary: 

• Developers has to change course of rivers
• Coast erosion
• Bird problems
• Increase transit time
• Competitive disadvantage

Detail:

As per Cidco (City industrial Development Corporation), the nodal agency for the project, claims that airport at Panvel will be operational in 2017. But this is unlikely.

From ecological and civil engineering point of view the airport site is about the worst anywhere.

• Developers will have to change course of ‘Ulwe’ River, widen ‘Gadhi’ River to avoid flooding.

• They will have to cut down two hillocks, cut down 160 hectares of mangrove forest that protect coast erosion.

• Kanrnala Bird Sanctuary is 9.5 KM away from the site. Bird ingestion into aero-engines can be as fatal to aircraft and passengers as to birds.

• Most of important transit traffic at Mumbai’s airport is domestic. As Panvel’s will have mainly domestic operations, the international travellers arriving at Mumbai will have to travel to Panvel to catch connecting flights. Increasing transit time.

• An airport used by many airlines (international) as a transit hub offers greater connectivity with major destinations globally, and higher frequency of services. India does not have a single regional hub. The second airport at Panvel will put Mumbai at a competitive disadvantage.

Facts: Delhi and Mumbai ranks 37^th and 48^th respectively on world passenger rankings.

Reference: “An Airport at Panvel makes no sense” by Hormuz P Mama. Economic Times, Page 14. 22nd Oct 2013

Related articles

• dna exclusive: Some want Navi Mumbai airport scrapped, others want to dream on (dnaindia.com)