Thursday, July 2, 2009

History of computing



The first use of the word "computer" was recorded in 1613, referring to a person who carried out calculations, or computations, and the word continued to be used in that sense until the middle of the 20th century. From the end of the 19th century onwards though, the word began to take on its more familiar meaning, describing a machine that carries out computations.[3]

The history of the modern computer begins with two separate technologies—automated calculation and programmability—but no single device can be identified as the earliest computer, partly because of the inconsistent application of that term. Examples of early mechanical calculating devices include the abacus, the slide rule and arguably the astrolabe and the Antikythera mechanism (which dates from about 150–100 BC). Hero of Alexandria (c. 10–70 AD) built a mechanical theater which performed a play lasting 10 minutes and was operated by a complex system of ropes and drums that might be considered to be a means of deciding which parts of the mechanism performed which actions and when.[4] This is the essence of programmability.

The "castle clock", an astronomical clock invented by Al-Jazari in 1206, is considered to be the earliest programmable analog computer.[5] It displayed the zodiac, the solar and lunar orbits, a crescent moon-shaped pointer travelling across a gateway causing automatic doors to open every hour,[6][7] and five robotic musicians who played music when struck by levers operated by a camshaft attached to a water wheel. The length of day and night could be re-programmed to compensate for the changing lengths of day and night throughout the year.[5]

The Renaissance saw a re-invigoration of European mathematics and engineering. Wilhelm Schickard's 1623 device was the first of a number of mechanical calculators constructed by European engineers, but none fit the modern definition of a computer, because they could not be programmed.

In 1801, Joseph Marie Jacquard made an improvement to the textile loom by introducing a series of punched paper cards as a template which allowed his loom to weave intricate patterns automatically. The resulting Jacquard loom was an important step in the development of computers because the use of punched cards to define woven patterns can be viewed as an early, albeit limited, form of programmability.

It was the fusion of automatic calculation with programmability that produced the first recognizable computers. In 1837, Charles Babbage was the first to conceptualize and design a fully programmable mechanical computer, his analytical engine.[8] Limited finances and Babbage's inability to resist tinkering with the design meant that the device was never completed.

In the late 1880s Herman Hollerith invented the recording of data on a machine readable medium. Prior uses of machine readable media, above, had been for control, not data. "After some initial trials with paper tape, he settled on punched cards ..."[9] To process these punched cards he invented the tabulator, and the key punch machines. These three inventions were the foundation of the modern information processing industry. Large-scale automated data processing of punched cards was performed for the 1890 United States Census by Hollerith's company, which later became the core of IBM. By the end of the 19th century a number of technologies that would later prove useful in the realization of practical computers had begun to appear: the punched card, Boolean algebra, the vacuum tube (thermionic valve) and the teleprinter.

During the first half of the 20th century, many scientific computing needs were met by increasingly sophisticated analog computers, which used a direct mechanical or electrical model of the problem as a basis for computation. However, these were not programmable and generally lacked the versatility and accuracy of modern digital computers.

Alan Turing is widely regarded to be the father of modern computer science. In 1936 Turing provided an influential formalisation of the concept of the algorithm and computation with the Turing machine. Of his role in the modern computer, Time Magazine in naming Turing one of the 100 most influential people of the 20th century, states: "The fact remains that everyone who taps at a keyboard, opening a spreadsheet or a word-processing program, is working on an incarnation of a Turing machine." [10]

George Stibitz is internationally recognized as a father of the modern digital computer. While working at Bell Labs in November of 1937, Stibitz invented and built a relay-based calculator he dubbed the "Model K" (for "kitchen table", on which he had assembled it), which was the first to use binary circuits to perform an arithmetic operation. Later models added greater sophistication including complex arithmetic and programmability.[11]

Computer

A computer is a machine that manipulates data according to a set of instructions.

Although mechanical examples of computers have existed through much of recorded human history, the first electronic computers were developed in the mid-20th century (1940–1945). These were the size of a large room, consuming as much power as several hundred modern personal computers (PCs).[1] Modern computers based on integrated circuits are millions to billions of times more capable than the early machines, and occupy a fraction of the space.[2] Simple computers are small enough to fit into a wristwatch, and can be powered by a watch battery. Personal computers in their various forms are icons of the Information Age and are what most people think of as "computers". The embedded computers found in many devices from MP3 players to fighter aircraft and from toys to industrial robots are however the most numerous.

The ability to store and execute lists of instructions called programs makes computers extremely versatile, distinguishing them from calculators. The Church–Turing thesis is a mathematical statement of this versatility: any computer with a certain minimum capability is, in principle, capable of performing the same tasks that any other computer can perform. Therefore computers ranging from a mobile phone to a supercomputer are all able to perform the same computational tasks, given enough time and storage capacity.

CPI of insurance

Collateral protection insurance or CPI, insures property (primarily vehicles) held as collateral for loans made by lending institutions.
Defense Base Act Workers' compensation or DBA Insurance provides coverage for civilian workers hired by the government to perform contracts outside the U.S. and Canada. DBA is required for all U.S. citizens, U.S. residents, U.S. Green Card holders, and all employees or subcontractors hired on overseas government contracts. Depending on the country, Foreign Nationals must also be covered under DBA. This coverage typically includes expenses related to medical treatment and loss of wages, as well as disability and death benefits.
Expatriate insurance provides individuals and organizations operating outside of their home country with protection for automobiles, property, health, liability and business pursuits.
Financial loss insurance protects individuals and companies against various financial risks. For example, a
business might purchase coverage to protect it from loss of sales if a fire in a factory prevented it from carrying out its business for a time. Insurance might also cover the failure of a creditor to pay money it owes to the insured. This type of insurance is frequently referred to as "business interruption insurance." Fidelity bonds and surety bonds are included in this category, although these products provide a benefit to a third party (the "obligee") in the event the insured party (usually referred to as the "obligor") fails to perform its obligations under a contract with the obligee.
Kidnap and ransom insurance
Locked funds insurance is a little-known hybrid insurance policy jointly issued by governments and banks. It is used to protect public funds from tamper by unauthorized parties. In special cases, a government may authorize its use in protecting semi-private funds which are liable to tamper. The terms of this type of insurance are usually very strict. Therefore it is used only in extreme cases where maximum security of funds is required.
Nuclear incident insurance covers damages resulting from an
incident involving radioactive materials and is generally arranged at the national level. See the Nuclear exclusion clause and for the United States the Price-Anderson Nuclear Industries Indemnity Act)
Pet insurance insures pets against accidents and illnesses - some companies cover routine/wellness care and burial, as well.
Pollution Insurance, which consists of first-party coverage for contamination of insured property either by external or on-site sources. Coverage for liability to third parties arising from contamination of air, water, or land due to the sudden and accidental release of hazardous materials from the insured site. The policy usually covers the costs of cleanup and may include coverage for releases from underground storage tanks. Intentional acts are specifically excluded.
Purchase insurance is aimed at providing protection on the products people purchase. Purchase insurance can cover individual purchase protection, warranties, guarantees, care plans and even mobile phone insurance. Such insurance is normally very limited in the scope of problems that are covered by the policy.
Title insurance provides a guarantee that title to real property is vested in the purchaser and/or mortgagee, free and clear of liens or encumbrances. It is usually issued in conjunction with a search of the public records performed at the time of a real estate transaction.
Travel insurance is an insurance cover taken by those who travel abroad, which covers certain losses such as medical expenses, loss of personal belongings, travel delay, personal liabilities, etc.

Insurance financing vehicles

Fraternal insurance is provided on a cooperative basis by fraternal benefit societies or other social organizations.[13]
No-fault insurance is a type of insurance policy (typically automobile insurance) where insureds are indemnified by their own insurer regardless of fault in the incident.
Protected Self-Insurance is an alternative risk financing mechanism in which an organization retains the mathematically calculated cost of risk within the organization and transfers the catastrophic risk with specific and aggregate limits to an insurer so the maximum total cost of the program is known. A properly designed and underwritten Protected Self-Insurance Program reduces and stabilizes the cost of insurance and provides valuable risk management information.
Retrospectively Rated Insurance is a method of establishing a premium on large commercial accounts. The final premium is based on the insured's actual loss experience during the policy term, sometimes subject to a minimum and maximum premium, with the final premium determined by a formula. Under this plan, the current year's premium is based partially (or wholly) on the current year's losses, although the premium adjustments may take months or years beyond the current year's expiration date. The rating formula is guaranteed in the insurance contract. Formula: retrospective premium = converted loss + basic premium × tax multiplier. Numerous variations of this formula have been developed and are in use.
Formal self insurance is the deliberate decision to pay for otherwise insurable losses out of one's own money. This can be done on a formal basis by establishing a separate fund into which funds are deposited on a periodic basis, or by simply forgoing the purchase of available insurance and paying out-of-pocket. Self insurance is usually used to pay for high-frequency, low-severity losses. Such losses, if covered by conventional insurance, mean having to pay a premium that includes loadings for the company's general expenses, cost of putting the policy on the books, acquisition expenses, premium taxes, and contingencies. While this is true for all insurance, for small, frequent losses the transaction costs may exceed the benefit of volatility reduction that insurance otherwise affords.
Reinsurance is a type of insurance purchased by insurance companies or self-insured employers to protect against unexpected losses. Financial reinsurance is a form of reinsurance that is primarily used for capital management rather than to transfer insurance risk.
Social insurance can be many things to many people in many countries. But a summary of its essence is that it is a collection of insurance coverages (including components of life insurance, disability income insurance, unemployment insurance, health insurance, and others), plus retirement savings, that requires participation by all citizens. By forcing everyone in society to be a policyholder and pay premiums, it ensures that everyone can become a claimant when or if he/she needs to. Along the way this inevitably becomes related to other concepts such as the justice system and the welfare state. This is a large, complicated topic that engenders tremendous debate, which can be further studied in the following articles (and others):
National Insurance
Social safety net
Social security
Social Security debate (United States)
Social Security (United States)
Social welfare provision
Stop-loss insurance provides protection against catastrophic or unpredictable losses. It is purchased by organizations who do not want to assume 100% of the liability for losses arising from the plans. Under a stop-loss policy, the insurance company becomes liable for losses that exceed certain limits called deductibles.

[edit] Closed community self-insurance
Some communities prefer to create virtual insurance amongst themselves by other means than contractual risk transfer, which assigns explicit numerical values to risk. A number of religious groups, including the Amish and some Muslim groups, depend on support provided by their communities when disasters strike. The risk presented by any given person is assumed collectively by the community who all bear the cost of rebuilding lost property and supporting people whose needs are suddenly greater after a loss of some kind. In supportive communities where others can be trusted to follow community leaders, this tacit form of insurance can work. In this manner the community can even out the extreme differences in insurability that exist among its members. Some further justification is also provided by invoking the moral hazard of explicit insurance contracts.
In the United Kingdom, The Crown (which, for practical purposes, meant the Civil service) did not insure property such as government buildings. If a government building was damaged, the cost of repair would be met from public funds because, in the long run, this was cheaper than paying insurance premiums. Since many UK government buildings have been sold to property companies, and rented back, this arrangement is now less common and may have disappeared altogether.

History

The modern commodity markets have their roots in the trading of agricultural products. While wheat and corn, cattle and pigs, were widely traded using standard instruments in the 19th century in the United States, other basic foodstuffs such as soybeans were only added quite recently in most markets.[citation needed] For a commodity market to be established, there must be very broad consensus on the variations in the product that make it acceptable for one purpose or another.
The economic impact of the development of commodity markets is hard to overestimate. Through the 19th century "the exchanges became effective spokesmen for, and innovators of, improvements in transportation, warehousing, and financing, which paved the way to expanded interstate and international trade."[citation needed]

Proliferation of contracts, terms, and derivatives

However, if there are two or more standards of risk or quality, as there seem to be for electricity or soybeans, it is relatively easy to establish two different contracts to trade in the more and less desirable deliverable separately. If the consumer acceptance and liability problems can be solved, the product can be made interchangeable, and trading in such units can begin.
Since the detailed concerns of industrial and consumer markets vary widely, so do the contracts, and "grades" tend to vary significantly from country to country. A proliferation of contract units, terms, and futures contracts have evolved, combined into an extremely sophisticated range of
financial instruments.
These are more than one-to-one representations of units of a given type of commodity, and represent more than simple futures contracts for future deliveries. These serve a variety of purposes from simple gambling to price insurance.

[edit] Oil
Building on the infrastructure and credit and settlement networks established for food and
precious metals, many such markets have proliferated drastically in the late 20th century. Oil was the first form of energy so widely traded, and the fluctuations in the oil markets are of particular political interest.
Some commodity market speculation is directly related to the stability of certain states, e.g. during the
Persian Gulf War, speculation on the survival of the regime of Saddam Hussein in Iraq. Similar political stability concerns have from time to time driven the price of oil. Some argue that this is not so much a commodity market but more of an assassination market speculating on the survival (or not) of Saddam or other leaders whose personal decisions may cause oil supply to fluctuate by military action.
The oil market is an exception. Most markets are not so tied to the politics of volatile regions - even natural gas tends to be more stable, as it is not traded across oceans by tanker as extensively.

Commodity markets and protectionism

Developing countries (democratic or not) have been moved to harden their currencies, accept IMF rules, join the WTO, and submit to a broad regime of reforms that amount to a "hedge" against being isolated. China's entry into the WTO signalled the end of truly isolated nations entirely managing their own currency and affairs. The need for stable currency and predictable clearing and rules-based handling of trade disputes, has led to a global trade hegemony - many nations "hedging" on a global scale against each other's anticipated "protectionism", were they to fail to join the WTO.
There are signs, however, that this regime is far from perfect. U.S. trade sanctions against Canadian softwood lumber (within NAFTA) and foreign steel (except for NAFTA partners Canada and Mexico) in 2002 signalled a shift in policy towards a tougher regime perhaps more driven by political concerns - jobs, industrial policy, even sustainable forestry and logging practices.

Foreign currency mortgage


A foreign currency mortgage is a mortgage which is repayable in a currency other than the currency of the country in which the borrower is a resident. Foreign currency mortgages can be used to finance both personal mortgages and corporate mortgages.

The interest rate charged on a Foreign currency mortgage is based on the interest rates applicable to the currency in which the mortgage is denominated and not the interest rates applicable to the borrower's own domestic currency. Therefore, a Foreign currency mortgage should only be considered when the interest rate on the foreign currency is significantly lower than the borrower can obtain on a mortgage taken out in his or her domestic currency.

Borrowers should bear in mind that ultimately they have a liability to repay the mortgage in another currency and currency exchange rates constantly change. This means that if the borrower's domestic currency was to strengthen against the currency in which the mortgage is denominated, then it would cost the borrower less in domestic currency to fully repay the mortgage. Therefore, in effect, the borrower makes a capital saving.

Conversely, if the exchange rate of borrowers domestic currency were to weaken against the currency in which the mortgage is denominated, then it would cost the borrower more in their domestic currency to repay the mortgage. Therefore, the borrower makes a capital loss.

When the value of the mortgage is large, it may be possible to reduce or limit the risk in the exchange exposure by hedging (see below).

Managed currency mortgages can help to reduce risk exposure. A borrower can allow a specialist currency manager to manage their loan on their behalf (through a limited power of attorney), where the currency manager will switch the borrower's debt in and out of foreign currencies as they change in value against the base currency. A successful currency manager will move the borrower's debt into a currency which subsequently falls in value against the base currency. The manager can then switch the loan back into the base currency (or another weakening currency) at a better exchange rate, thereby reducing the value of the loan. A further benefit of this product is that the currency manager will try to select currencies with a lower interest rate than the base currency, and the borrower therefore can make substantial interest savings.

There are risks associated with these types of mortgages and the borrower must be prepared to accept an (often limited) increase in the value of their debt if there are adverse movements in the currency markets.

A successful currency manager may be able to use the currency markets to pay off a borrower's loan (through a combination of debt reduction and interest rate savings) within the normal lifetime of the loan, while the borrower pays on an interest only basis.

Emissions trading

Weather trading is just one example of "negative commodities", units of which represent harm rather than good.
"Economy is three fifths of ecology"[cite this quote] argues Mike Nickerson, one of many[who?] economic theorists who holds that nature's productive services and waste disposal services are poorly accounted for. One way to fairly allocate the waste disposal capacity of nature is "cap and trade" market structure that is used to trade toxic emissions rights in the United States, e.g. SO2. This is in effect a "negative commodity", a right to throw something away.
In this market, the atmosphere's capacity to absorb certain amounts of pollutants is measured, divided into units, and traded amongst various market players. Those who emit more SO2 must pay those who emit less. Critics of such schemes argue that unauthorized or unregulated emissions still happen, and that "grandfathering" schemes often permit major polluters, such as the state governments' own agencies, or poorer countries, to expand emissions and take jobs, while the SO2 output still floats over the border and causes death.
In practice, political pressure has overcome most such concerns[citation needed] and it is questionable whether this is a capacity that depends on U.S. clout: The Kyoto Protocol established a similar market in global greenhouse gas emissions without U.S. support.

Fxmarketspace














There is no unified or centrally cleared market for the majority of FX trades, and there is very little cross-border regulation. Due to the over-the-counter (OTC) nature of currency markets, there are rather a number of interconnected marketplaces, where different currenciesinstruments are traded. This implies that there is not a single exchange rate but rather a number of different rates (prices), depending on what bank or market maker is trading, and where it is. In practice the rates are often very close, otherwise they could be exploited by arbitrageurs instantaneously. Due to London's dominance in the market, a particular currency's quoted price is usually the London market price. A joint venture of the Chicago Mercantile Exchange and Reuters, called Fxmarketspace opened in 2007 and aspired but failed to the role of a central market clearing mechanism.
The main trading center is London, but New York, Tokyo, Hong Kong and Singapore are all important centers as well. Banks throughout the world participate. Currency trading happens continuously throughout the day; as the Asian trading session ends, the European session begins, followed by the North American session and then back to the Asian session, excluding weekends.
Fluctuations in exchange rates are usually caused by actual monetary flows as well as by expectations of changes in monetary flows caused by changes in gross domestic product (GDP) growth, inflation (purchasing power parity theory), interest rates (interest rate parity, Domestic Fisher effect, International Fisher effect), budget and trade deficits or surpluses, large cross-border M&A deals and other macroeconomic conditions. Major news is released publicly, often on scheduled dates, so many people have access to the same news at the same time. However, the large banks have an important advantage; they can see their customers' order flow.
Currencies are traded against one another. Each pair of currencies thus constitutes an individual product and is traditionally noted XXX/YYY, where YYY is the ISO 4217 international three-letter code of the currency into which the price of one unit of XXX is expressed (called base currency). For instance, EUR/USD is the price of the euro expressed in US dollars, as in 1 euro = 1.5465 dollar. Out of convention, the first currency in the pair, the base currency, was the stronger currency at the creation of the pair. The second currency, counter currency, was the weaker currency at the creation of the pair.
The factors affecting XXX will affect both XXX/YYY and XXX/ZZZ. This causes positive currency correlation between XXX/YYY and XXX/ZZZ.
On the spot market, according to the BIS study, the most heavily traded products were:
EUR/USD: 27%
USD/JPY: 13%
GBP/USD (also called sterling or cable): 12%
and the US currency was involved in 86.3% of transactions, followed by the euro (37.0%), the yen (17.0%), and sterling (15.0%) (see table). Note that volume percentages should add up to 200%: 100% for all the sellers and 100% for all the buyers.
Trading in the euro has grown considerably since the currency's creation in January 1999, and how long the foreign exchange market will remain dollar-centered is open to debate. Until recently, trading the euro versus a non-European currency ZZZ would have usually involved two trades: EUR/USD and USD/ZZZ. The exception to this is EUR/JPY, which is an established traded currency pair in the interbank spot market. As the dollar's value has eroded during 2008, interest in using the euro as reference currency for prices in commodities (such as oil), as well as a larger component of foreign reserves by banks, has increased dramatically. Transactions in the currencies of commodity-producing countries, such as AUD, NZD, CAD, have also increased.

<मर्कुई>A foreign currency mortgage is a mortgage which is repayable in a currency other than the currency of the country in which the <मर्कुई>


A foreign currency mortgage is a mortgage which is repayable in a currency other than the currency of the country in which the borrower is a resident. Foreign currency mortgages can be used to finance both personal mortgages and corporate mortgages.
The interest rate charged on a Foreign currency mortgage is based on the interest rates applicable to the currency in which the mortgage is denominated and not the interest rates applicable to the borrower's own domestic currency. Therefore, a Foreign currency mortgage should only be considered when the interest rate on the foreign currency is significantly lower than the borrower can obtain on a mortgage taken out in his or her domestic currency.
Borrowers should bear in mind that ultimately they have a liability to repay the mortgage in another currency and currency exchange rates constantly change. This means that if the borrower's domestic currency was to strengthen against the currency in which the mortgage is denominated, then it would cost the borrower less in domestic currency to fully repay the mortgage. Therefore, in effect, the borrower makes a capital saving.
Conversely, if the exchange rate of borrowers domestic currency were to weaken against the currency in which the mortgage is denominated, then it would cost the borrower more in their domestic currency to repay the mortgage. Therefore, the borrower makes a capital loss.
When the value of the mortgage is large, it may be possible to reduce or limit the risk in the exchange exposure by hedging (see below).
Managed currency mortgages can help to reduce risk exposure. A borrower can allow a specialist currency manager to manage their loan on their behalf (through a limited power of attorney), where the currency manager will switch the borrower's debt in and out of foreign currencies as they change in value against the base currency. A successful currency manager will move the borrower's debt into a currency which subsequently falls in value against the base currency. The manager can then switch the loan back into the base currency (or another weakening currency) at a better exchange rate, thereby reducing the value of the loan. A further benefit of this product is that the currency manager will try to select currencies with a lower interest rate than the base currency, and the borrower therefore can make substantial interest savings.
There are risks associated with these types of mortgages and the borrower must be prepared to accept an (often limited) increase in the value of their debt if there are adverse movements in the currency markets.
A successful currency manager may be able to use the currency markets to pay off a borrower's loan (through a combination of debt reduction and interest rate savings) within the normal lifetime of the loan, while the borrower pays on an interest only basis.

<मर्कुई>There is no unified or centrally cleared market for the majority of FX trades,

There is no unified or centrally cleared market for the majority of FX trades, and there is very little cross-border regulation. Due to the over-the-counter (OTC) nature of currency markets, there are rather a number of interconnected marketplaces, where different currencies instruments are traded. This implies that there is not a single exchange rate but rather a number of different rates (prices), depending on what bank or market maker is trading, and where it is. In practice the rates are often very close, otherwise they could be exploited by arbitrageurs instantaneously. Due to London's dominance in the market, a particular currency's quoted price is usually the London market price. A joint venture of the Chicago Mercantile Exchange and Reuters, called Fxmarketspace opened in 2007 and aspired but failed to the role of a central market clearing mechanism.
The main trading center is
London, but New York, Tokyo, Hong Kong and Singapore are all important centers as well. Banks throughout the world participate. Currency trading happens continuously throughout the day; as the Asian trading session ends, the European session begins, followed by the North American session and then back to the Asian session, excluding weekends.
Fluctuations in
exchange rates are usually caused by actual monetary flows as well as by expectations of changes in monetary flows caused by changes in gross domestic product (GDP) growth, inflation (purchasing power parity theory), interest rates (interest rate parity, Domestic Fisher effect, International Fisher effect), budget and trade deficits or surpluses, large cross-border M&A deals and other macroeconomic conditions. Major news is released publicly, often on scheduled dates, so many people have access to the same news at the same time. However, the large banks have an important advantage; they can see their customers' order flow.
Currencies are traded against one another. Each pair of currencies thus constitutes an individual product and is traditionally noted XXX/YYY, where YYY is the
ISO 4217 international three-letter code of the currency into which the price of one unit of XXX is expressed (called base currency). For instance, EUR/USD is the price of the euro expressed in US dollars, as in 1 euro = 1.5465 dollar. Out of convention, the first currency in the pair, the base currency, was the stronger currency at the creation of the pair. The second currency, counter currency, was the weaker currency at the creation of the pair.
The factors affecting XXX will affect both XXX/YYY and XXX/ZZZ. This causes positive currency
correlation between XXX/YYY and XXX/ZZZ.
On the
spot market, according to the BIS study, the most heavily traded products were:
EUR/USD: 27%
USD/JPY: 13%
GBP/USD (also called
sterling or cable): 12%
and the US currency was involved in 86.3% of transactions, followed by the euro (37.0%), the yen (17.0%), and sterling (15.0%) (see
table). Note that volume percentages should add up to 200%: 100% for all the sellers and 100% for all the buyers.
Trading in the euro has grown considerably since the currency's creation in January 1999, and how long the foreign exchange market will remain dollar-centered is open to debate. Until recently, trading the euro versus a non-European currency ZZZ would have usually involved two trades: EUR/USD and USD/ZZZ. The exception to this is EUR/JPY, which is an established traded currency pair in the interbank spot market. As the dollar's value has eroded during 2008, interest in using the euro as reference currency for prices in commodities (such as oil), as well as a larger component of foreign reserves by banks, has increased dramatically. Transactions in the currencies of commodity-producing countries, such as AUD, NZD, CAD, have also increased.

Fxmarketspace


Finance is the science of funds management.[1] The general areas of finance are business finance, personal finance, and public finance.[2] Finance includes saving money and often includes lending money. The field of finance deals with the concepts of time, money and risk and how they are interrelated. It also deals with how money is spent and budgeted.

Finance works most basically through individuals and business organizations depositing money in a bank. The bank then lends the money out to other individuals or corporations for consumption or investment, and charges interest on the loans.

Loans have become increasingly packaged for resale, meaning that an investor buys the loan (debt) from a bank or directly from a corporation. Bonds are debt sold directly to investors from corporations, while That investor can then hold the debt and collect the interest or sell the debt on a secondary market. Banks are the main facilitators of funding through the provision of credit, although private equity, mutual funds, hedge funds, and other organizations have become important as they invest in various forms of debt. Financial assets, known as investments, are financially managed with careful attention to financial risk management to control financial risk. Financial instruments allow many forms of securitized assets to be traded on securities exchanges such as stock exchanges, including debt such as bonds as well as equity in publicly-traded corporations.[dubious ]

Central banks act as lenders of last resort and control the money supply, which affects the interest rates charged. As money supply increases, interest rates decrease.[3]

Monday, June 29, 2009

Indian IT firms to rake in on smartcard projects

IT companies like TCS and Infosys have confirmed that they would
actively bid for the project. "The entire process including the
bidding process, deal negotiations and business evaluation, are
expected to be transparent. There will not be any conflict of interest
for us and therefore, we will participate in the bid,'' said a Senior
Official at Infosys Technologies.

TCS has already been working with the government on projects like
e-passport, Gujarat police and the Defence Ministry. "Since it is
going to be an open bidding process, we will be bidding for it,'' said
a Senior Official at TCS.

Around 27 large e-governance projects worth Rs. 40,000 crore are
currently in the pipeline. Having been badly hit by the economic
recession, many technology leaders have been urging the government to
accelerate these projects to induce economic buoyancy. The UIDAI comes
as a quick response to the industry's call.

Som Mittal, the President of IT industry body Nasscom, told Times of
India, "This is a transformational project for the country as it will
overlay many underlying projects, creating huge efficiencies for the
country leading to enhanced governance and reduced costs."

The global shipment of smart card surpassed an estimated five billion
units in 2008 and this figure is projected to surge at CAGR of nearly
11 percent through 2012, according to "Smart Card Market Forecast to
2012", a recent market research report.

Take The Magic Quiz That Solves All Your "Woman" Problems

Have you taken the Magic Quiz yet?

You know, the one that will help you to solve your problems with
women instantly?

It's a very simple quiz that will take you just a few seconds to
complete.

If you haven't taken it yet, be sure to do so now: simply paste this
link in to your browser

http://clicks.aweber.com/y/ct/?l=5kxEq&m=1ftSKWqPR5GBgH&b=wT1ecGM6RVgQ2n0Lu6CHjA

When John Abraham read the Quran

Paying Guests - Movie Review

Posted: 19 Jun 2009 10:00 AM PDT
http://feedproxy.google.com/~r/apunkachoice/main/~3/S2_1vBSAvUI/paying-guests---movie-review.html

A madcap caper crammed with childish gags by men in drag, Paying Guests is
a film full of humour that is crass, and leaves you with a sore pain in
the �err�seat.

So, here's a shot at comedy by a man who's directed a number of plays.
Paritosh Painter apparently adapts a successful play into a -comedy' about
four guys going out of their way, and gender, to get an accommodation as
paying guests.


Was Shiney's maid in love with him?

Posted: 19 Jun 2009 07:45 AM PDT
http://feedproxy.google.com/~r/apunkachoice/main/~3/PoStIkD-9sc/was-shineys-maid-in-love-with-him.html

It is being alleged that the maid who's accused Shiney Ahuja of raping her
was actually in love with the actor.

This has been disclosed by a former maid of Shiney in an interview to
Network 18. Though the ex-maid of the actor spoke in Hindi, here's the
English translation of what she said.


Angelina Jolie to shoot in India

Posted: 19 Jun 2009 07:00 AM PDT
http://feedproxy.google.com/~r/apunkachoice/main/~3/nD23wWYk_cU/angelina-jolie-to-shoot-in-india.html

Angelina Jolie might soon visit India. No, she doesn't have any plan to
adopt a kid from India but will return for the shooting of her film,
-Wanted 2'.

Director Timur Bekmabetov has plans to repeat Jolie for the upcoming
sequel to last year's hit film -Wanted', which was loosely based on the
comic book series by Mark Millar. Jolie's return to the sequel is
surprising because her character was killed in -Wanted'. But the director
wants to repeat her. However, it's not known whether Jolie will be back as
-Fox' or will essay a different character.


When John Abraham read the Quran

Posted: 19 Jun 2009 03:00 AM PDT
http://feedproxy.google.com/~r/apunkachoice/main/~3/49QyYuIB9co/when-john-abraham-read-the-quran.html

John Abraham has definitely come a long way since being labeled a -wooden
actor' in his initial days in Bollywood. He prepared vigorously for his
role in the film New York .

John plays a NRI Muslim boy, Sameer, in the flick. The actor, who is half
Christian and half Parsi by birth, studied the holy book Quran to prepare
for the role. As reported, John did extensive research on Islam and its
various aspects and also learnt about Jehad. In the movie he is mistakenly
detained in US for terrorism charges because he is a Muslim.


Asin's unique lifestyle!

Posted: 19 Jun 2009 01:55 AM PDT
http://feedproxy.google.com/~r/apunkachoice/main/~3/0XwJnOGUsxs/asins-unique-lifestyle.html

Her name means -one without any sin'. And actress Asin seems to be living
up to it by following a lifestyle that's unique for anyone in the city.

Guess what? Asin doesn't drink carbonated drinks. She keeps away from junk
food and doesn't even take allopathic medicines when she's ill or injured.


Sridevi gets candid with Salman Khan

Posted: 18 Jun 2009 10:30 PM PDT
http://feedproxy.google.com/~r/apunkachoice/main/~3/gEchFi2XHbQ/sridevi-gets-candid-with-salman-khan.html

Salman Khan 's stint as the TV show host is getting bigger and better. Now,
he has invited the media shy yesteryear actress and diva Sridevi to his -10
Ka Dum'.

What's amusing is that this is Sridevi's first ever appearance on a TV
show. In the past, the actress has said no to various talk shows, including
Karan Johar 's -Koffee with Karan' and Vir Sanghvi's show. Her husband
Boney Kapoor cites her shy nature as the prime reason for her reluctance.


Shahrukh denies saying anything against the Prophet

Posted: 19 Jun 2009 04:30 AM PDT
http://feedproxy.google.com/~r/apunkachoice/main/~3/Vusm6YyxZnY/shahrukh-denies-saying-anything-against-the-prophet.html

Shahrukh Khan , under attack for an alleged remark against Prophet
Mohammad, has clarified that his comment is being misconstrued because
of �a writing error�. He adds that he feels the Prophet is the most
important figure in history.

The superstar landed in legal trouble on Thursday when a local Islamic
organization in Mumbai filed a police complaint against him for hurting
their religious sentiment by allegedly listing the Prophet in the same
category as a -negative' figure like Adolf Hitler while talking about the
most important historical figures in an interview to a magazine.

Shahrukh in legal trouble for comment on Prophet Mohammad

Posted: 19 Jun 2009 12:05 AM PDT
http://feedproxy.google.com/~r/apunkachoice/main/~3/ur2xFNTvIGM/shahrukh-in-legal-trouble-for-comment-on-prophet-mohammad.html

Shahrukh Khan has landed in legal trouble for an alleged comment on Prophet
Mohammad which has angered some people in Muslim community.

The Bandra police has filed an FIR (First Information Report) against the
superstar, who is currently not in India but shooting his film My Name Is
Khan in the US.


Paying Guests

Posted: 19 Jun 2009 12:10 PM PDT
http://feedproxy.google.com/~r/apunkachoice/main/~3/eo8h4Rv__FY/

Katrina and John keeping a safe distance

Katrina and John keeping a safe distance

Posted: 20 Jun 2009 09:00 AM PDT
http://feedproxy.google.com/~r/apunkachoice/main/~3/_yiHqbIqaL4/katrina-and-john-keeping-a-safe-distance.html

Wary of sparking the rumours again, Katrina Kaif and John Abraham are
keeping a safe distance while promoting their film New York together.

At the press conference held to promote the film a few days back, it was a
strange sight to see Irrfan Khan and Neil Nitin Mukesh rubbing their
shoulders with Katrina, while John, who's the film's leading man, stuck
mostly around director Kabir Khan .


Claudia drawn towards Hinduism

Posted: 20 Jun 2009 05:10 AM PDT
http://feedproxy.google.com/~r/apunkachoice/main/~3/NSoqvJvqMTw/claudia-drawn-towards-hinduism.html

German model Claudia Ciesla, famous for her enormous 38DD bust, is drawn
towards the ancient Indian philosophy and Hindu religion.

She's been making headlines for all the wrong reasons, be it as Abhishek's
arm candy at Indian pavilion in Cannes or as Salman Khan 's new girl. Even
her first release -Karma: Crime Passion and Reincarnation' failed to draw
crowds to theatres.


Salman Khan as a corrupt cop

Posted: 20 Jun 2009 12:45 AM PDT
http://feedproxy.google.com/~r/apunkachoice/main/~3/Zv-UCJMgSCQ/salman-khan-as-a-corrupt-cop.html

Salman Khan will depart from his goody-goody onscreen image to play a
corrupt police officer from UP in brother Arbaaz Khan's home production.

When was the last time we saw Salman playing an uncouth, unsophisticated
character. In almost all the films he does he's dressed up as an uber cool
dude with a unique style statement. But now, the actor will undergo an
image makeover for director Abhinav Kashyap's film -Dabangg'.


Divya Dutta not insecure about Mallika Sherawat

Posted: 19 Jun 2009 11:30 PM PDT
http://feedproxy.google.com/~r/apunkachoice/main/~3/bsDs4TxkF44/divya-dutta-not-insecure-about-mallika-sherawat.html

Actress Divya Dutta , who is making her Hollywood debut with Hisss says
that she is not afraid of being overshadowed by her glamorous co-star
Mallika Sherawat in the fantasy film.

"Mallika plays the 'Nagin' in the film and therefore she is featured
prominently in the publicity material.


Shiney Ahuja meets the real gangster in jail

Posted: 19 Jun 2009 11:00 PM PDT
http://feedproxy.google.com/~r/apunkachoice/main/~3/_44XAqezyyk/shiney-ahuja-meets-the-real-gangster-in-jail.html

Shiney Ahuja , who played a don in the Bollywood film Gangster , finally
got to meet a real gangster, the dreaded Mustafa Dossa, in Arthur Road jail.

Reports say when Shiney - who's in judicial custody on the charge of
raping his maid - was shifted to Arthur Road jail on Thursday, the
prisoners in barrack no. 3 surrounded him and kept bugging him for hours.
But then Mustafa Dossa, an associate of fugitive don Dawood Ibrahim and
accused in the 1993 serial bomb blasts case, walked in and told the inmates
to keep away from Shiney.

Katrina's philosophy of work

Katrina's philosophy of work

Posted: 21 Jun 2009 08:00 AM PDT
http://feedproxy.google.com/~r/apunkachoice/main/~3/UsiQLmTOcFI/katrinas-philosophy-of-work.html

Critics may say she's beauty without talent but none can deny the fact that
Katrina Kaif has reached the top slot in Bollywood by dint of sheer hard
work.

Odds were stacked up against her when Katrina, with her firangi accent,
entered Bollywood. The little bit of help she got from her friends (we know
who they are) does not detract from what she has achieved by the sweat of
her brow.

How Twitter is Teaching Business the Lost Art of Conversation

How Twitter is Teaching
Business the Lost Art of Conversation

By Kalena Jordan (c) 2009
SiteProNews RSS Feed - Grab the SiteProNews RSS Feed

So it's happened. Twitter has gone mainstream. As Twitter users, we
knew instantly when Mumbai came under terrorist attack. We laughed at
the photo of Stephen Fry stuck in an elevator when he tweeted his
predicament, we were there when Ashton Kutcher beat CNN to 1 million
followers, we caught the first glimpse of passengers being evacuated
from the ditched plane on the Hudson River and we all suffered the lag
time when Oprah Winfrey sent her first ever tweet on live TV.

Industry pundits and bitter journalists regularly diss Twitter as a
time-wasting, "look at me" fad, destined for Forgottensville in 2
years. In fact New York Times reporter Maureen Dowd is quoted as
saying to Twitter founders Evan Williams and Biz Stone:

"I would rather be tied up to stakes in the Kalahari Desert, have
honey poured over me and red ants eat out my eyes than open a Twitter
account."
Top 10 Rankings in Google, Yahoo and MSN!

So is Twitter really just an emergency beacon and "a toy for bored
celebrities and high-school girls" as Dowd gleefully claims?

Thankfully, no. The latest wave of Twitter users are business
executives. They range from home busíness owners, SME's, middle and
upper management, marketing executives, brand evangelists and CEOs.
Take a look at ExecuTweets and you'll see some well-known names with
very active Twitter accounts: Richard Branson of Virgin, Lisa Stone
Co-founder of BlogHer, Tony Hsieh CEO of Zappos and Steve Case
Co-founder of AOL, to name a few.

It's not just individuals either. Some of the world's most recognized
brands are Twittering. I found a number of super brands on Twitter and
asked my followers which of these they were following:

• Amazon 19%
• BestBuy 2%
• Dell 7%
• DunkinDonuts 2%
• Etsy 4%
• Motorola 0%
• Overstock 5%
• Starbucks 12%
• Threadless 16%
• UrbanOutfitters 2%
• WholeFoods 14%
• Zappos 18%

Other major brands with Twitter accounts include:

• JetBlue
• ComCast
• Vodafone
• TheHomeDepot
• H&R Block
• Qantas
• Virgin
• Forrester Research
• Ford
• Samsung
• Kodak
Generate Easy Revenue!

Twitter as a Business Tool

So why would companies be interested in Twitter? Because they know
that conversation is a powerful, persuasive business tool and right
now, Twitter is where the conversation is happening.

Here are some recent stats about the micro-blogging site from Nielsen:

- Twitter is the fastest growing community site on web
- Twitter experienced 1,382% growth in the 12 months to Feb 09
- The largest user group on Twitter is 35-49 year olds

As the Internet morphs from Web 2.0 to Web 3.0, conversation has
quietly ousted content and taken the throne as King. The Web has
always enabled businesses to reach new markets. But Twitter allows
them to engage directly with customers and potential customers in real
time in front of an impressionable public. The opportuníty this
provides is unparalleled. As an effective advertising tool, the dusty
old Yellow Pages seems positively prehistoric in comparison.

So just how are companies using Twitter as a business tool? To find
out, I set up a poll and tweeted the question: "If you represent a
business using Twitter, what is your/their *main* reason for doing
so?"

The results were quite interesting:

• Branding 7%
• Driving traffic 23%
• Reputation management 7%
• SEO 0%
• Internal communications 0%
• News / product announcements 11%
• Service status updates 2%
• Customer interaction 37%
• Fun 5%
• Other 9%

A couple of things stood out for me here. Firstly, the majority of
companies who took this poll are using Twitter primarily to interact
with their customers and drive traffic. That's understandable. But
very few are using it for reputation management and none of them are
yet using it for Search Engine Optimization (SEO) reasons. It was also
interesting to see that a few businesses are using Twitter purely for
fun.
Forget Expensive PPC Advertising - There is an Alternative!

Asked why he thinks Twitter is a good fit for business, Overstock's
Social Media Manager Josh Austin says:

"Twitter allows for a personal, real-life brand presence, while
fostering better communication, engagement and attention to our
customers."

Customer Interaction on Twitter

So just how do customers interact with businesses on Twitter? I wanted
to find out, so I launched another poll:

POLL QUESTION: Have you ever communicated directly with a company
using Twitter? What was your main reason for doing so?

• Yes to resolve an issue 25%
• Yes to give positive feedback 18%
• Yes to give negative feedback 6%
• Yes for another reason 16%
• No 35%

It was encouraging to see that 65% of poll respondents have conversed
with a company using Twitter. When you consider that nearly half of
those people had an issue to resolve with the company they
communicated with, the potential for customer loss and retention is
lit up like the proverbial Christmas tree. Then there's the number of
respondents giving companies direct feedback via tweets. That's enough
to get any PR Department salivating!

Meg Geddes, a Search Marketing expert and power Twitter user related
her recent positive experience with a business on the micro-blogging
site:

"At the end of December, there was a special one-day only promotion
through Intuit and Staples (an office supply) for buying Quickbooks
Pro where you'd get a full rebate. I ordered it and filled in my
rebate paperwork but it was illegible and had to be refaxed. The date
on the revised paperwork sent by Intuit didn't match my order date
(and I didn't notice) so my rebate was denied. I was bitching about it
on Twitter and within half an hour, someone from Intuit sent me a
tweet asking if she could help. I laid it all out for her, and she got
it approved; I got my rebate very shortly after that. I was very
happy, as I had been expecting to have to sit on the phone for hours
with Intuit and/or Staples."

How Twitter is Teaching Business the Lost Art of Conversation

How Twitter is Teaching
Business the Lost Art of Conversation


So it's happened. Twitter has gone mainstream. As Twitter users, we
knew instantly when Mumbai came under terrorist attack. We laughed at
the photo of Stephen Fry stuck in an elevator when he tweeted his
predicament, we were there when Ashton Kutcher beat CNN to 1 million
followers, we caught the first glimpse of passengers being evacuated
from the ditched plane on the Hudson River and we all suffered the lag
time when Oprah Winfrey sent her first ever tweet on live TV.

Industry pundits and bitter journalists regularly diss Twitter as a
time-wasting, "look at me" fad, destined for Forgottensville in 2
years. In fact New York Times reporter Maureen Dowd is quoted as
saying to Twitter founders Evan Williams and Biz Stone:

"I would rather be tied up to stakes in the Kalahari Desert, have
honey poured over me and red ants eat out my eyes than open a Twitter
account."
Top 10 Rankings in Google, Yahoo and MSN!

So is Twitter really just an emergency beacon and "a toy for bored
celebrities and high-school girls" as Dowd gleefully claims?

Thankfully, no. The latest wave of Twitter users are business
executives. They range from home busíness owners, SME's, middle and
upper management, marketing executives, brand evangelists and CEOs.
Take a look at ExecuTweets and you'll see some well-known names with
very active Twitter accounts: Richard Branson of Virgin, Lisa Stone
Co-founder of BlogHer, Tony Hsieh CEO of Zappos and Steve Case
Co-founder of AOL, to name a few.

It's not just individuals either. Some of the world's most recognized
brands are Twittering. I found a number of super brands on Twitter and
asked my followers which of these they were following:

• Amazon 19%
• BestBuy 2%
• Dell 7%
• DunkinDonuts 2%
• Etsy 4%
• Motorola 0%
• Overstock 5%
• Starbucks 12%
• Threadless 16%
• UrbanOutfitters 2%
• WholeFoods 14%
• Zappos 18%

Other major brands with Twitter accounts include:

• JetBlue
• ComCast
• Vodafone
• TheHomeDepot
• H&R Block
• Qantas
• Virgin
• Forrester Research
• Ford
• Samsung
• Kodak
Generate Easy Revenue!

Twitter as a Business Tool

So why would companies be interested in Twitter? Because they know
that conversation is a powerful, persuasive business tool and right
now, Twitter is where the conversation is happening.

Here are some recent stats about the micro-blogging site from Nielsen:

- Twitter is the fastest growing community site on web
- Twitter experienced 1,382% growth in the 12 months to Feb 09
- The largest user group on Twitter is 35-49 year olds

As the Internet morphs from Web 2.0 to Web 3.0, conversation has
quietly ousted content and taken the throne as King. The Web has
always enabled businesses to reach new markets. But Twitter allows
them to engage directly with customers and potential customers in real
time in front of an impressionable public. The opportuníty this
provides is unparalleled. As an effective advertising tool, the dusty
old Yellow Pages seems positively prehistoric in comparison.

So just how are companies using Twitter as a business tool? To find
out, I set up a poll and tweeted the question: "If you represent a
business using Twitter, what is your/their *main* reason for doing
so?"

The results were quite interesting:

• Branding 7%
• Driving traffic 23%
• Reputation management 7%
• SEO 0%
• Internal communications 0%
• News / product announcements 11%
• Service status updates 2%
• Customer interaction 37%
• Fun 5%
• Other 9%

A couple of things stood out for me here. Firstly, the majority of
companies who took this poll are using Twitter primarily to interact
with their customers and drive traffic. That's understandable. But
very few are using it for reputation management and none of them are
yet using it for Search Engine Optimization (SEO) reasons. It was also
interesting to see that a few businesses are using Twitter purely for
fun.
Forget Expensive PPC Advertising - There is an Alternative!

Asked why he thinks Twitter is a good fit for business, Overstock's
Social Media Manager Josh Austin says:

"Twitter allows for a personal, real-life brand presence, while
fostering better communication, engagement and attention to our
customers."

Customer Interaction on Twitter

So just how do customers interact with businesses on Twitter? I wanted
to find out, so I launched another poll:

POLL QUESTION: Have you ever communicated directly with a company
using Twitter? What was your main reason for doing so?

• Yes to resolve an issue 25%
• Yes to give positive feedback 18%
• Yes to give negative feedback 6%
• Yes for another reason 16%
• No 35%

It was encouraging to see that 65% of poll respondents have conversed
with a company using Twitter. When you consider that nearly half of
those people had an issue to resolve with the company they
communicated with, the potential for customer loss and retention is
lit up like the proverbial Christmas tree. Then there's the number of
respondents giving companies direct feedback via tweets. That's enough
to get any PR Department salivating!

Meg Geddes, a Search Marketing expert and power Twitter user related
her recent positive experience with a business on the micro-blogging
site:

"At the end of December, there was a special one-day only promotion
through Intuit and Staples (an office supply) for buying Quickbooks
Pro where you'd get a full rebate. I ordered it and filled in my
rebate paperwork but it was illegible and had to be refaxed. The date
on the revised paperwork sent by Intuit didn't match my order date
(and I didn't notice) so my rebate was denied. I was bitching about it
on Twitter and within half an hour, someone from Intuit sent me a
tweet asking if she could help. I laid it all out for her, and she got
it approved; I got my rebate very shortly after that. I was very
happy, as I had been expecting to have to sit on the phone for hours
with Intuit and/or Staples."

Katrina's shocking brush with reality

Katrina's shocking brush with reality

Posted: 22 Jun 2009 09:40 AM PDT
http://feedproxy.google.com/~r/apunkachoice/main/~3/VG3-oFDtrp4/katrinas-shocking-brush-with-reality.html

Away from the cushy comforts of city life, Katrina Kaif had a peek into the
gloomy reality at the maximum security American prison at Guantanamo Bay.

The shooting of Yashraj Films presentation New York took the film's stars
to places they hadn't anticipated. One such place was the Guantanamo Bay
Detention Camp (aka Gitmo), where many suspects who are deemed as terror
threat to the US are imprisoned. Some of them are on a death row.


'Kites' in Hindi as hot as in English

Posted: 22 Jun 2009 07:00 AM PDT
http://feedproxy.google.com/~r/apunkachoice/main/~3/Ypht9P37EJI/kites-in-hindi-as-hot-as-in-english.html

While it was a forgone conclusion that the English version of Kites would
be high on steamy scenes between Hrithik Roshan and Barbara Mori , the
Hindi version, it is learnt, would be equally hot.

�We can't cheat Hindi audiences. The so-called steamy scenes will be the
same in both versions. The visuals will remain unchanged in both,� the
film's director Anurag Basu tells IANS.


Dance Deepika dance!

Posted: 22 Jun 2009 05:40 AM PDT
http://feedproxy.google.com/~r/apunkachoice/main/~3/_b6a8JUdaj8/dance-deepika-dance.html

Bollywood is synonymous with song and dance. But sometimes the stars have
to shake their legs just to please the fans. Deepika Padukone and Farhan
Akhtar had one such experience recently.

It was a general shooting day for Farhan and Deepika. Both were shooting
for the movie Kartik Calling Kartik at Kochi Fort, Kerala, when suddenly a
group of 20-25 youngsters gathered there and asked Farhan and Deepika to
dance with them.


Mallika Sherawat bonds with Yanni?

Posted: 22 Jun 2009 04:15 AM PDT
http://feedproxy.google.com/~r/apunkachoice/main/~3/JzFSFyApMdI/mallika-sherawat-bonds-with-yanni.html

It was a pleasing coincidence for our Miss Sherawat, who not only got the
chance to meet internationally acclaimed Greek composer Yanni, but also got
invited for the latter's next concert.

Mallika Sherawat is in news again for eliciting an invite from Yanni to
one of his concerts. She's also asked him to dedicate a song to her. But
Yanni has never done something like this before. So it's a question whether
he will or not? Mallika has been shuttling to LA for the post-production
and promotion activities of her film Hisss .


John in bed with Katrina!

Posted: 22 Jun 2009 02:00 AM PDT
http://feedproxy.google.com/~r/apunkachoice/main/~3/9O5AwX2tp1Q/john-in-bed-with-katrina.html

The two stars get intimate in bed and even share a passionate kiss in a
song in their film New York .

Salman Khan better keep his eyes shut when the video of the song -Mere
Sang' from the upcoming Yashraj film -New York' plays out on the screen.
For it has his foe John Abraham in bed with his ladylove Katrina Kaif .


Bipasha gets an 'earful' again

Posted: 22 Jun 2009 01:00 AM PDT
http://feedproxy.google.com/~r/apunkachoice/main/~3/MKCQRV0458s/bipasha-gets-an-earful-again.html

Oops! Bipasha Basu had it again. Her ears seem eerily prone to minor
injuries.

None can doubt Bipasha's charm and attraction but her ears seem to have a
special magnetic quality that attracts strange creatures and objects like
mosquitoes, pebbles or cotton swabs to make home in her earhole.


I get infatuated very easily: Barbara Mori

Posted: 22 Jun 2009 12:30 AM PDT
http://feedproxy.google.com/~r/apunkachoice/main/~3/Yf7cBAcj1Zk/i-get-infatuated-very-easily--barbara-mori.html

Mexican actress Barbara Mori admits she gets attracted towards guys very
easily. However, she's now learning to control her emotions.

A good looking girl who used to wait tables in a restaurant was spotted by
a fashion designer and introduced to the world of modeling. Barbara's
journey into showbiz began in her teenage and she's had her share to
relationships since then.


When Neil Nitin Mukesh was detained at New York airport

Posted: 21 Jun 2009 10:50 PM PDT
http://feedproxy.google.com/~r/apunkachoice/main/~3/u9PKNTedBn4/when-neil-nitin-mukesh-was-detained-at-new-york-airport.html

The actor's fair complexion made it difficult for the immigration officials
to believe that he was an Indian. This happened when Neil Nitin Mukesh flew
to the US to shoot the Yashraj film New York .

The film, directed by Kabir Khan and co-starring Katrina Kaif , John
Abraham and Irrfan Khan , is about the discrimination people of certain
community and religion face in the US after the 9/11 attacks.

Saif searched for blonde gal on the streets of San Francisco

Saif searched for blonde gal on the streets of San Francisco

Posted: 23 Jun 2009 09:00 AM PDT
http://feedproxy.google.com/~r/apunkachoice/main/~3/XpFlnGVkDp8/saif-searched-for-blonde-gal-on-the-streets-of-san-francisco.html

To find a perfect blonde stunner for an important role in his film -Love
Aaj Kal', Saif Ali Khan held auditions on the streets of San Francisco.

What would a producer not do to get a perfect cast for his film? Saif,
who's turning producer with Love Aaj Kal , literally went an extra mile on
the roads of San Francisco to hunt for that elusive blonde that his casting
director couldn't find in the US.


Akshay is a good kisser: Denise Richards

Posted: 23 Jun 2009 07:00 AM PDT
http://feedproxy.google.com/~r/apunkachoice/main/~3/63fsREmRm_k/akshay-is-a-good-kisser--denise-richards.html

Hollywood star and former Bond girl Denise Richards is quite bowled over by
Akshay Kumar 's kissing abilities.

The Bollywood Khiladi left quite an impression (pun unintended) on the
-Wild Things' star while working with her in producer Sajid Nadiadwala's
film Kambakkht Ishq in the US.


Shahid Kapur runs like a horse!

Posted: 23 Jun 2009 05:36 AM PDT
http://feedproxy.google.com/~r/apunkachoice/main/~3/quEIOoELsiI/shahid-kapur-runs-like-a-horse.html

With blinkers around his eyes to prevent him from straying off the course,
Shahid Kapur ran like a horse for a scene in Kaminey .

Trust Vishal Bharadwaj to make his actors do the wackiest of things. Saif
Ali Khan daubed his teeth yellow to play the paan masala-chewing goon in
Omkara . Now, Shahid was made to put on blinkers around his eyes and run
among horses on a race course for a scene in -Kaminey'.


Roadie Tamanna in a sex video scandal?

Posted: 23 Jun 2009 04:00 AM PDT
http://feedproxy.google.com/~r/apunkachoice/main/~3/R2EjTuMtZNo/roadie-tamanna-in-a-sex-video-scandal.html

-Roadies 5' participant Tamanna is fuming with anger as a sex-clip
purportedly featuring her is doing rounds on the internet and mobiles. The
young girl from Chandigarh is accusing her fellow Roadie participant for
crafting this against her.

Tamanna couldn't make it to the finals, but was a popular girl because of
her attitude, her off-screen chemistry with Nauman, and also for the
celebrated rows with other contestant, Palak. According to a leading
tabloid, the sex video on various sites has a girl with a striking
resemblance to Tamanna. The girl in the video is seen wearing the same
neck-piece around her neck that Tamanna wears. The video which is
37-seconds long is gaining popularity on websites like Rapidshare and
Easyshare.


Priyanka, Shahid go on a date

Posted: 23 Jun 2009 02:10 AM PDT
http://feedproxy.google.com/~r/apunkachoice/main/~3/SwGUiTKklaM/priyanka--shahid-go-on-a-date.html

Rumours of their split can RIP for the time being. Far from parting ways,
Priyanka Chopra and Shahid Kapur went on a date recently, reports say.

Are they together, are they not? Pranks and Shasha keep their fans
guessing. To begin with, the couple has not yet confirmed their
relationship. But whenever they've been spotted together, the electrifying
chemistry between them makes it evident that something is indeed brewing
between the two actors.


Katrina Kaif tackles her dubbing woes

Posted: 23 Jun 2009 01:00 AM PDT
http://feedproxy.google.com/~r/apunkachoice/main/~3/F76bOtIYfb8/katrina-kaif-tackles-her-dubbing-woes.html

For Katrina Kaif the most difficult part of her job is dubbing. That's when
her linguistic skills are put to test. The actress speaks about some of the
dubbing challenges she's been tackling recently.

In Rajkumar Santoshi's film Ajab Prem Ki Ghazab Kahani , for instance,
Katrina plays a catholic girl and one would assume that dubbing for this
role wasn't difficult for the actress since she has a natural Brit accent.
But there's something else that's been troubling her.


Sanjay Dutt in 'Qurbani' remake

Posted: 22 Jun 2009 10:20 PM PDT
http://feedproxy.google.com/~r/apunkachoice/main/~3/yb3ZZz2c_d4/sanjay-dutt-in-qurbani-remake.html

After dedicating himself to politics for months, Sanjay Dutt is back in
Bollywood. He is not only acting but also planning to produce movies, and
the remake of the yesteryear hit Qurbani could be one of them.

Earlier, it was Sanjay Gupta , once Dutt's good friend but now a foe, who
was set to make the new age Kurbani with Fardeen Khan and Saif Ali Khan in
the lead. But since Dutt has now reportedly taken over the project, Gupta
will be dropped.


Aishwarya-Abhishek plan to start a family

Posted: 22 Jun 2009 11:33 PM PDT
http://feedproxy.google.com/~r/apunkachoice/main/~3/2e6WdkPD07A/aishwarya-abhishek-plan-to-start-a-family.html

The Bachchan family tree is set to grow further as Aishwarya Rai and
Abhishek Bachchan reportedly plan to start a family once the actress is
through with her film assignments.

To those who've been wondering why no stork has yet visited Ash and Abhi
despite more than two years of their marriage, this little piece of info
might quench their curiosity. The couple are learnt to be planning to have
a baby, but not anytime soon.

What Makes a Website Design a Good One?

What Makes a
Website Design a Good One?

By Laura MacPherson (c) 2009
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A lot of people can recognize good design when they see it on the web.
But most people don't really know what makes that design good.

How do you define "good design?" Is it subjective, like your favorite
flavor of ice cream? Although there is some subjectivity within good
design, there are artistic principles that good design is built from.
Here are a few that form the foundation of good design.

1. Proximity

Because items that are in close proximity to one another become one
visual unit, items that are related to one another should be grouped
together. Laying out related items on a website page this way helps
the eye associate the information and enables the viewer to mentally
categorize the information easily. The flip side of this principle is
that items that are not related should not be placed in close
proximity to one another.
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The purpose of the principle of proximity is to organize information
in a way that enables viewers to quickly and easily comprehend. When
information is organized, people are more likely to read it and
respond. People are also more likely to remember information that is
organized.

How can you determine if items form a visual unit? Squint your eyes
and look at the page on a website. Now count the number of times your
eye stops as it views the page. On a page that is using the principle
of proximity well, your eye will stop three to five times. In other
words, there will be three to five groups of information for the eye
to comprehend separately.

2. Alignment

You've seen website page layouts where the text and graphics are
placed wherever there happens to be space. The effect is messy, with
no impact. Nothing should be placed on a page arbitrarily. There
should be a visual connection between each item on the page. When
items are aligned, it creates a cohesiveness that the eye appreciates.

The purpose of alignment is to unify the website page. Imagine a
well-organized kitchen. All the pots and pans are stored in the
organizer, the fruit is nicely displayed in a basket on the counter,
the spices are all on the rack - everything is in its place. A page
layout needs the same thing.

Look at a website page that you feel is good design. Now focus on the
main visual element. Where does your eye go from there? Do you see how
other elements are aligned with that one main element both vertically
and horizontally?

3. Repetition

Good design repeats some aspect of the website design throughout the
site. It's this repetition that makes all the pages in a site look
like they belong together. Color scheme, graphic elements, typefaces -
all of these elements should be repeated - used consistently -
throughout.
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The purpose of repetition is to create consistency and to add visual
interest. Repetition creates a professional, polished look that the
eye is drawn to. When a website design uses repetition and is
consistent, it is more likely to be viewed and read.

Here are some ways you can create repetition beyond simple consistency
in typefaces and colors: Use some element in your logo as a major
graphic element in the design. If you are using a ruled line, make the
line more interesting visually by perhaps making it with tiny dots or
dashes, then repeating the line element throughout the design. Create
patterns that are repeated throughout the design. Take a small element
and place it somewhere on each page for a whimsical look. Just be
careful not to overdo the repetition, or viewers will be annoyed
rather than pleased.

4. Contrast

The principle of contrast states that if two items are not the same,
then they should be different - very different. Contrast creates an
organizational hierarchy of the information and graphics on a webpage.
When using contrast, you can't be a wimp! The contrast must be strong
to be effective.

The purpose of contrast is two-fold: to create interest on the page,
and to organize information. A page that is interesting to look at is
more likely to be read. And contrasting elements will help a reader
understand the way the information is organized.

Contrast can be created in many ways. You can contrast large type with
small type, a serif font with a sans-serif font, bold with light,
smooth texture with rough texture, a small graphic with a large one, a
dark color with a light one.

A design that integrates these principles will automatically gain a
professionalism and polish that it would otherwise lack. Next time you
stumble across a website design that makes you say "wow", check for
these principles - you'll find them quietly working to make that
design a good one!

What Makes a Website Design a Good One?

What Makes a
Website Design a Good One?


A lot of people can recognize good design when they see it on the web.
But most people don't really know what makes that design good.

How do you define "good design?" Is it subjective, like your favorite
flavor of ice cream? Although there is some subjectivity within good
design, there are artistic principles that good design is built from.
Here are a few that form the foundation of good design.

1. Proximity

Because items that are in close proximity to one another become one
visual unit, items that are related to one another should be grouped
together. Laying out related items on a website page this way helps
the eye associate the information and enables the viewer to mentally
categorize the information easily. The flip side of this principle is
that items that are not related should not be placed in close
proximity to one another.
Drive Traffic to Your Site - Get 100 Dollars in Matched Clicks!

The purpose of the principle of proximity is to organize information
in a way that enables viewers to quickly and easily comprehend. When
information is organized, people are more likely to read it and
respond. People are also more likely to remember information that is
organized.

How can you determine if items form a visual unit? Squint your eyes
and look at the page on a website. Now count the number of times your
eye stops as it views the page. On a page that is using the principle
of proximity well, your eye will stop three to five times. In other
words, there will be three to five groups of information for the eye
to comprehend separately.

2. Alignment

You've seen website page layouts where the text and graphics are
placed wherever there happens to be space. The effect is messy, with
no impact. Nothing should be placed on a page arbitrarily. There
should be a visual connection between each item on the page. When
items are aligned, it creates a cohesiveness that the eye appreciates.

The purpose of alignment is to unify the website page. Imagine a
well-organized kitchen. All the pots and pans are stored in the
organizer, the fruit is nicely displayed in a basket on the counter,
the spices are all on the rack - everything is in its place. A page
layout needs the same thing.

Look at a website page that you feel is good design. Now focus on the
main visual element. Where does your eye go from there? Do you see how
other elements are aligned with that one main element both vertically
and horizontally?

3. Repetition

Good design repeats some aspect of the website design throughout the
site. It's this repetition that makes all the pages in a site look
like they belong together. Color scheme, graphic elements, typefaces -
all of these elements should be repeated - used consistently -
throughout.
Forget Expensive PPC Advertising - There is an Alternative!

The purpose of repetition is to create consistency and to add visual
interest. Repetition creates a professional, polished look that the
eye is drawn to. When a website design uses repetition and is
consistent, it is more likely to be viewed and read.

Here are some ways you can create repetition beyond simple consistency
in typefaces and colors: Use some element in your logo as a major
graphic element in the design. If you are using a ruled line, make the
line more interesting visually by perhaps making it with tiny dots or
dashes, then repeating the line element throughout the design. Create
patterns that are repeated throughout the design. Take a small element
and place it somewhere on each page for a whimsical look. Just be
careful not to overdo the repetition, or viewers will be annoyed
rather than pleased.

4. Contrast

The principle of contrast states that if two items are not the same,
then they should be different - very different. Contrast creates an
organizational hierarchy of the information and graphics on a webpage.
When using contrast, you can't be a wimp! The contrast must be strong
to be effective.

The purpose of contrast is two-fold: to create interest on the page,
and to organize information. A page that is interesting to look at is
more likely to be read. And contrasting elements will help a reader
understand the way the information is organized.

Contrast can be created in many ways. You can contrast large type with
small type, a serif font with a sans-serif font, bold with light,
smooth texture with rough texture, a small graphic with a large one, a
dark color with a light one.

A design that integrates these principles will automatically gain a
professionalism and polish that it would otherwise lack. Next time you
stumble across a website design that makes you say "wow", check for
these principles - you'll find them quietly working to make that
design a good one!