Travel Estimated For European Market

With an annual increase of 5.1% to 6.7% in air travel estimated for European market, breakingb even for Grupo does not seem to be a Herculean task. As P. Vetrivel, International Bureau of Aviation, comments, “The deal will strengthen Ferrovial and it will definitely look out for more deals.” The only worry, and a huge one, is Grupo’s lack of competence in aviation, what with only 14.7% of net cash flow being earned currently from aviation (FY 2005). So what did you finally choose? Downright Stupid? Or Stupendously Electrifying? Well, we hear your claps; or are they slaps? :-)

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Source:- IIPM-Editorial, Editor:- Prof. Arindam Chaudhuri - 2006

TONY BLAIR

In the summit, British Prime Minister Tony Blair had announced that in addition to the huge sum of $40 billion aid package, 100% of the multilateral debt of the poor countries would be cancelled. This, pundits argued, would enable poor countries to find their paths to reduce poverty. The reality is different; for one, only 18 countries will be allowed debt write off and that too for a period of three years. The killer is: for every dollar of debt relief given, one dollar would be deducted from aid...

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Source:- IIPM-editorial, Editor:- Prof. Arindam Chaudhuri, 2006

Life is no bed of Roses

Life is no bed of roses, and so it was to be with young Lance. Adversity was a constant companion of the Armstrongs, case in point the time when his dad walked out on him while he was just a tiny tot of age two. Raised by a teenaged mum and a stepfather, Lance had every reason to fail and yet he decided that if life was going to hand him a lemon, he’d make tequila of it! I marveled at Lance as he funnelled his angst into triathlons, but it was soon obvious to all but the blind that he had a mercurial talent for cycling. The Tour de France was to be his calling, destiny and most brutal examination intertwined. Labeled “The Brash Texan”, it was a dark day in 1996 for Lance Armstrong when the doctor declared his grim prognosis: Diagnosed with stage-three testicular cancer that had spread its tentacles to his lungs and brain.

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Source:- IIPM-Editorial, Editor:- Prof. Arindam Chaudhuri - 2006

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Nazi Germany

Need I state the obvious link with present-day politics? Masterfully and aptly crafting an epoch after the WW II when the warped ideals of society dictated by Nazi Germany and autarchic Russia ripped humanity to tatters, the Orwellian period tolled a menacingly bell and lampooned an unmistakably real view of the future – in part of what we live in this date – popularising terms like ‘Doublethink’, ‘Newspeak’ and ‘Thought Police’, commonplace in today’s vocabulary.

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Source IIPM-Editorial,2006

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Taliban Takes Control

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The rise of the most regressive and militant Islamic group in the world, the Taliban, was formally completed when they gained the stronghold of Mazar-i-Sharif in northern Afghanistan. Pakistan was the first to recognise the Taliban on May 25, 1997, followed by Saudi Arabia on May 26 and the UAE on May 27. It was the start of a horrific rule for five years that ended only when the US attacked Afghanistan in the aftermath of 9/11. The Taliban was led by one eyed preacher Mullah Mohammad Omar who picked on the discontent in the country in the aftermath of Communist rule. Rapes, looting, and murder were staple diet as Afghanistan slipped rapidly into savagery. Omar and his band of followers handed out ruthless punishment in the beginning, before losing control later. Omar is still at large, like his old friend bin Laden. Michael Moore’s Farenheit 911, shockingly said, Bush had business contacts with the bin Laden’s. Curiously, Bush hasn’t had much explaining to do for failing to nab Laden.

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Source IIPM-Editorial,2006

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