Nokia eliminates 1,700 jobs to survive crumbling phone market
Posted: 17 Mar 2009 11:29 AM PDT
The world’s top cell phone maker, Nokia Oyj will eliminate 1,700 jobs across the globe over the coming few months due to a drastic decline in demand
El Paso, Texas (CaymanMama.com) — The world’s top cell phone maker, Nokia Oyj will eliminate 1,700 jobs across the globe over the coming few months due to a drastic decline in demand, the company said on Tuesday.
In January, Nokia said it planned to cut annual expenses at its key handset unit by more than 700 million euros ($909.3 million) to counter the crumbling phone market.
Nokia said on Tuesday that, in addition to its handset unit, it would eliminate positions at its marketing unit, corporate development office and global support functions, including nearly 700 jobs in Finland.
“The first quarter will be weak, then it will improve a little,” said Nordea analyst Martti Larjo. “Some component suppliers have signaled slight improvement.”
According to Reuters, “Nokia is expected to report January-March earnings per share (EPS) falling to 0.08 euros, the weakest level since the third quarter of 2001, when all vendors in total sold just 94 million phones — less than Nokia alone is seen selling this quarter.”

[b]Tip of the Day - Benefits of Beans and Legumes [/b]
Posted: 17 Mar 2009 10:43 AM PDT
As the old children’s rhyme goes, beans (and their counterparts legumes) truly are a magical fruit and can be cooked and eaten in a variety of ways.
Denver, Colorado (CaymanMama.com) — Beans, beans, the magical fruit! The more you eat, the more you….are healthy!
As the old children’s rhyme goes, beans (and their counterparts legumes) truly are a magical fruit and can be cooked and eaten in a variety of ways.
If possible, it is best to include one or two servings daily to for an excellent source of of vegetarian protein with a half cup providing between 6-7 grams.
Due to their high folic acid content, beans and legumes may help protect against cancers such as lung, colon, and cervix, and may also prevent birth defects. The exceptionally high fiber content in beans and legumes will provide 25-30 percent of the recommended amount. These powerhouse foods are also a low-glycemic index food.
It is easy and inexpensive to substitute the protein portion of a meal with beans. Hummus and bean dip are healthy and easy ways to add beans to your diet. Thoroughly draining the water after soaking and cooking dry beans will help reduce gas.

Obama asks Congress to approve $3.6T budget to ’spark’ economy

Posted: 17 Mar 2009 09:14 AM PDT
President Barack Obama is trying diligently to restore the battered economy by asking Congress to approve his $3.6 trillion budget
Virginia Beach, Virginia (CaymanMama.com) — President Barack Obama is trying diligently to restore the battered economy by asking Congress to approve his $3.6 trillion budget.
He says if passed, his budget will “spark the transformation” America needs to remain economically competitive.
Accompanied on Tuesday with the chairmen of the congressional budget committees, Obama said he does not “just view this document as numbers on a page”, calling the budget “economic blueprint for the future.”
Obama said the nation “can’t go back to a bubble economy, an economy based on reckless spending and spending beyond our means.”
However, the president acknowledged that new deficit figures to be posted in coming weeks will make the job tougher.
Obama added, “We don’t need more point-scoring. We need more problem-solving.”

Pakistan news of March 17, 2009 - Clinton links aid with political peace in Pakistan

Posted: 17 Mar 2009 07:37 AM PDT
Pakistan news of March 17, 2009
Cautious response of US on restoration of judiciary in Pakistan
Aid linked with crises resolution - Clinton
Aitzaz Ahsan expect the Chief Justice to remain neutral
Bomb blast in Rawalpindi
Stocks respond with restoration of deposed judiciary
Cautious response of US on restoration of judiciary in Pakistan
Washington: Calling restoration of judiciary a ‘step by Pakistan for Pakistanis’ the spokesman of the US state department said that the decision brought Pakistan from the brink. Robet Wood while crediting the Pakistanis and issuing response of US in the ongoing tension the spokesman said, ‘I take issue with the fact that we stood by … the Secretary (of State Hillary Clinton), (special US envoy) Richard Holbrooke and (the US ambassador in Islamabad) Anne Patterson were very involved in trying to calm tensions in Pakistan. So the US was involved in that regard.’
‘But these were decisions that had to be taken by the Pakistani leadership. And in the end, I believe they acted in the best interests of the Pakistani people, and that’s what’s important here.’
Aid linked with crises resolution - Clinton
Washington: President Asif Ali Zardari, PML-N chief Nawaz Sharif and the Pakistani PM were warned by the US secretary of State Hillary Clinton to resolved the current political crises or else the US aid to Pakistan will be at risk.
The decision of the Pakistani government therefore would not have been possible unless the foreign dignitaries Hillary Clinton and David Miliband would not have exerted pressure and threatened the Pakistani official of aid cut off.
In wake of loosing the aid President of Pakistan acted in favor of the deal up till than right or wrong, ordinary man’s life and death and the abuse use of state forces against the people of Pakistan to prove his might did not matter to Asif Ali Zardari.
Aitzaz Ahsan expect the Chief Justice to remain neutral
Islamabad: Ex-president of Supreme Court Bar Association Aitzaz Ahsan after congratulating the Chief Justice on his reinstatement said that he expects neutrality from the Chief Justice, he said that he, ‘hoped that the Chief Justice of Pakistan Iftikhar Muhammad Chaudhry will neither hear the National Reconciliation Ordinance (NRO) case, nor review the Sharifs’ disqualification petition as required under the parameters of judicial impartiality.’
Bomb blast in Rawalpindi
Islamabad: 14 people died in a bomb blast in Rawalpindi yesterday while 25 people got injured.
Police sources said that there were threats of suicide bomb attack but it did not expect it to happen in a public place.
According to the eyewitness report a young man aged between 22 to 25 riding a motorbike blew himself off in front of Rescue 1122 station instantly killing 10 people standing near the area of incident.
Stocks respond with restoration of deposed judiciary
Karachi: Karachi Stock Exchange responded favorably after the news of reinstatement of judges. The market surged by 5.44% with 6,063.54 points on board at the close of the day’s trading session marking a jump of 313.07 point.
http://www.dawn.com/wps/wcm/connect/Dawn Content Library/dawn/news/home/

International news of March 17, 2009 - Iranian Drone shot down in Iraq

Posted: 17 Mar 2009 07:27 AM PDT
International news of March 17, 2009
Iranian drone shot down in Iraq by US air force
Army takes over the Madagascan Presidency
US building super spy aircraft
Austrian electrical engineer accused of raping his daughter goes on trial
Pope embarks on his African tour
Iranian drone shot down in Iraq by US air force
Baghdad (Dawn News): The Iranian unmanned surveillance plane was shot down by the US jets after been tracked for over an hour. The Iraqi officials too, confirmed that a Iranian drone went down near the Iraq boarder town of Mandali.
Army takes over the Madagascan Presidency
Antananarivo (AFP): The Madagascan Presidential palace was taken over by more than 100 soldiers who stormed into the palace, pressurizing the president to leave the President’s office. The opposition leaders of the country call to arrest the President and try him for high treason.
US building super spy aircraft
Washington: A Spy aircraft that could remain up for 10 years at an altitude of 65,000 feet and would be powered solar panel technology and hydrogen cells would have the most sophisticated spy system is been plan to be built by the US defense department.
The US officials are searching to contractor to build $400 million unmanned that can follow targets from 375 miles range.
Austrian electrical engineer accused of raping his daughter goes on trial

(The Guardian UK): Josef Firtzl, the Austrian man who rapped his daughter and raised 7 children from her could get sentences for life or get jailed for 15 years for incarcerating her for 24 years in his underground prison. He went on trial where he pleaded guilty on charges of rape, incest, false imprisonment and coercion.
Pope embarks on his African tour
(www.voanews.com): A seven day pilgrimage of Pope benedict the sixteenth began with the hope of the pope to embrace whole of Africa. The pope will be visiting Angola and Cameroon with hundreds and thousands of faithful are waiting to attend the mass later in the week.