March 18, 2009

Dell unveils world’s thinnest laptop

SAN FRANCISCO: Dell Inc unveiled its ‘luxury’ Adamo laptop on Tuesday, calling it the world’s thinnest notebook as it seeks to compete in the high-end ultraportable market defined by Apple Inc’s MacBook Air. The sleek, aluminum-encased notebook is 0.65-inches thick and comes with a 13.4-inch screen and a 128-gigabyte solid-state drive. Shipping begins on Tuesday. Starting at $1,999, the Adamo is positioned as Dell’s new high-end brand. Another configuration will sell for $2,699. The device comes packed in a clear case along with an optional branded sleeve or tote bag from designer luggage and handbag label Tumi. The Adamo is meant “to make a design statement, to surprise people that this is a Dell,” said marketing executive John New. Read More »Dell unveils world’s thinnest laptop

World’s cheapest car due next week

  • by

MUMBAI: The world’s cheapest car, the Tata Nano, will be launched next week with backers hoping its troubled birth and the global economic crisis will not put off buyers from India’s emerging middle-classes.

The sporty, jellybean-shaped car has attracted world headlines thanks to its price tag of just 100,000 rupees ($2,000) for the basic model, which is cheaper than some laptop computers. But although marketed as the affordable car for millions of Indians, analysts said the Nano and its manufacturer Tata Motors could be in for a bumpy ride because of production problems, a dip in demand and global economic woes. Only 30,000 to 50,000 Nanos are likely to be sold in the first year because of limited production capacity, auto sector experts said. “Nano’s sales will be production-led, and not demand-led,” Mahantesh Sabarad, an analyst with Centrum Broking in Mumbai, said ahead of its unveiling on Monday and its appearance in car showrooms in April.

The Nano is being rolled out from two manufacturing plants in what Tata group chief Ratan Tata has described as a “makeshift kind of operation.” “This is a hurried launch. The main manufacturing plant in Gujarat is not even ready,” Sabarad told AFP. In October last year, Tata Motors pulled the Nano car project out of West Bengal state in east India, even though the plant near the state capital Kolkota was 90 percent completed. The retreat followed a month of violent demonstrations by activists and farmers evicted from their land that raised wider fears about India’s attractiveness for foreign investors. Tata Motors’ new plant in Gujarat state, western India, is not expected to be ready until the end of 2009.Read More »World’s cheapest car due next week

Alarming Poverty and Pakistan

Mehmood-Ul-Hassan Khan
Poverty is curse. It is on the rise around the globe. According to the latest report of the World Bank (2009), global poverty ratio is on the rise and Pakistan is not any exemption. The ongoing global financial and banking crisis especially in the USA and the EU has already pushed the millions of people into deeper poverty. According to the latest estimates of the World Bank, almost 40 percent of 107 developing countries are highly exposed to the poverty effects of the crisis. Pakistan is ranked among the 43 countries most exposed to poverty risks. United Nation study (January 2009) says that due to alarming global poverty levels the death ratios of thousands of children and women would be increased throughout the world.

A World Bank report titled ‘Sparing lives, better reproductive health for poor women in South Asia’ has revealed that Pakistan’s 37.4 per cent children under the age of five are malnourished and poor women and children’s nutritional status may worsen if food prices continue to climb out of reach of the poor in the South Asian region. According to the latest report of the World Bank (2009), South Asia region still has nearly 400 million poor people out of a population of 1.42 billion. Poverty is not just endemic; it is increasingly becoming concentrated with the passage of time. In absolute terms, people living below the poverty line (based on $2-a-day criterion) account for more than 80 percent of the population in India, Bangladesh and Nepal, 73.6 percent in Pakistan, and 41.6 percent in Sri Lanka. A high poverty ratio has decreased Pakistan’s spending on social sector further. According to the State of the World Children Report, 2009, the per capita healthcare spending in Pakistan stands at 18 dollars out of which only four dollars are spent in the public sector per annum, while by minimum international standard we need to increase per capita healthcare spending to at least $45 per annum. The UN study says that poverty ratios in sub-Saharan Africa and developing countries would be increased. Moreover, the current worldwide economic meltdown would badly affect the Millennium Development Goals (MDGs). The report highlighted that infant mortality and child malnutrition would be increased.Read More »Alarming Poverty and Pakistan