The flooding in Thailand has killed about 224 people so far the flood which had started in mid July still continues. The water has been inundated for the Chai Wattanaram temple which is about 400 years old and is in the city pf Ayutythaya. The flood has affected the ancient city Ayutthaya and is situated at the World heritage site was reported by officials. The temple of Chai Wattanaram is situated near the Chao Pharaya river and the river flows towards Bangkok about 65 miles.
The water level of the flood is about 1.5 meters and there are 150 soldiers who have been deployed to fix the embankment. The details of the flood and the number of affected and the arrangements made was reported by Wittaya Pewpong who is the governor. The floods has affected many temples of the ancient city according to the reports about 200 to 500 temples have been affected. Massive flooding has been caused in Thailand due to the tropical storm which was followed by monsoon rains which usually come in August to October. The damage in the historical site has made Thailand spend about 100 million baht till now according to culture minster Sukumol Kunplome.
The roads have been overflowed by flooding and the authorities have reinforced the banks of river to prevent more floods. Till now about 3 million acres of farmland has been affected and is under water says reports from Meteorological department. The government has provided about 8 billion baht which is about $256 million foir the farmers and many people affected due to floods. In Cambodia the neighbor about 164 people have died due to the floods from the month of august 13 till the present day and are lacking basic needs.
The UN resolution at the UN security council Resolution has been taken up by Russia and China against Syria. Syria has been under deadly crackdown due to the protests and has been dealing blow to US and other countries. Some countries like Europe has been putting efforts to isolate president Bashar Al-Assad regime from Syria. In-spite of the deaths happening in Syria there has been new sanctions individually while the Veto has created the outrage.
The Veto which has created the outrage among the European nations which had proposed the resolution and among the US.The urgent moral challenge has been failed by the some countries stated the UN security council resolution. Late Thursday about nine countries voted for the targeted measures which needs to be taken up and left many killed. Two countries which voted against was Russia and China as the killing the resolution and they are members of the council. The abstained countries include countries like South Africa,India,Brazil and Lebanon as Libya had raised air strikes.
The air strikes in Libya was raised by the opponents and the season of Syria fears has been raised. The veto was exercised by China due to the resolution which was pressurized by the Arab nation and not being helped. An alternative resolution was proposed by Russia which has condemned the violence and the asked for a dialogue.
The mounting criticism is being watched by the western government and the human right activist and witnessed the failure of council.
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The world’s largest online retail Amazon has unveiled a new device which is a Kindle Fire tablet computer. The main aim of Kindle Fire tablet is to become one of the rival of Apple iPad which is more bigger then Kindle. The Kindle Fire is having the display of 7 inch and sells for about$199 while Apple is about $499 iPad. The Kindle electronic reader will run on Android software of Google according to a Seattle based company.
The Kindle electronic book is a challenge for Apple iPad even after HP and Research In Motion have gone short of electronic books. The electronic books have been making a narrower profit due to the low price but Amazon is the right dealer for business. Amazon is one of the potential tablet player and has a same offering to Apple according t o analyst from New York. Kindle fire has 30 days free trial over Amazon prime but does not have a embedded camera,microphone and has Wi-Fi connectivity. Amazon sale will be increased due to the fire Kindle tablet and according to analyst the sale may increase to 32%.
The consumer reaction over the device shows a critical growth in company over the gross margin of Amazon. The investor growth will go up and be aggressive for the coming year 2012 with the growth of tablet. At present Apple has lead the tablet market by having the mobile application which is more than 425,000 and over 100,000 applications for iPad. The source for revenge after iPad for Apple is iPhone as Apple has shipped about 9.25 million iPads by the quarter of June.
As everyone know the recession had started in the year 2007 and officially ended in the year 2009 but the effects continue. There are some states of US which recession has still continues as the recession was uneven these states are still affected. The downturns of US is still there and the recovery going on slowly in many of the places in US mostly affected is towards the south. The poverty rates are in its highest in South according to a congressional report it is about 3.3 million people.
The places of poverty rates are seen in 46 states and more in Nevada and Florida according to decennial committee. The recession is happening mainly due to the high unemployment and low income and most affected is Nevada. The president of US Barack Obama is touring some of the states which is hard hit and support his $447 billion tax . The two states which are walloped are Nevada and Florida and are under housing troubles and needs to be solved. The unemployment rate has tripled in some places and is according to the Labor department data and Joint Economic Committee.
The recession has even bought in the inequality as the wealth gap is widening among the residents of US. The capital in the incomes has grown to about 6.2% and the district has just few jobs and difficult to provide many people. The sole state which went through recession unaffected was Dakota and has the lowest jobless rate according to data. Dakota a state in US has not only being the state not affected but has even shown growth in the last three years it is a commodity rich state.
The global market has been taking its own time to come out say many of the investors who are watching. The reasons of the crucial situations in the market is default by some countries like Ireland Greece and Portugal. The potential urgency can witnessed as there has been problems from the financial system as a whole. The Chancellor Angela Merkel from German parliament has been doing her bit to keep the stability of euro.
Further steps have been taken so as to keep the Greek default under control else it may start new financial crisis. The rescue package has been done by 17 member countries for the financial stability facility of European on Tuesday. The process of rescue security has been started but just six countries have signed it and to implement will take till mid October. The package will bring in a broader view and relieve the lower driven markets happening in past few weeks. Some of the investors have concluded a bailout of 440 billion euro bailout fund which has caused chaos.
The bailout fund has caused troubles in some countries like Greece,Ireland and Portugal. The pool of debt has created the fear among the investors and doubted the ability for countries like Spain and Italy. The coming three weeks will decide further more whether the market is stable or unstable and let investors decide. A new hope has come in the borrowers of Europe as Italy sells billions of euros in bond during the present week.
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There has been strong quake jolts which has been indicated in the places like Indonesia and surrounding places. The powerful earthquake is jolted in some places like Western Indonesia and was being jolted on Tuesday. The powerful earthquake has killed about three people and have made many residents panic and flee from homes. Some of the people due to the panic of earthquake have even flood from hospital,hostels and even from their homes.
The earthquake has been around the magnitude of 6.6 quake hit and was hit about 1am and has many people stunned. The earthquake which stuck the place has waked up the people of the town and villages across the Sumatra island. The earthquake was centered to about 100 kilometers southwest towards the city of Medan affecting many.
The earthquake is recorded 110 kilometers beneath the crust of the earth and was according to the Geological Survey. According to the Survey it all said the earthquake was too far inland which could generate a inland of Indonesia. The mayor in Subulussalam named Maura Sakti had given some total details to tje local station named TVOne. The earthquake has killed a 12 year old boy and injured some people and has killed two person reports the News.
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