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Blazewada
Mudiripoyina Bewarse
Username: Blazewada
Post Number: 3101
Registered: 08-2008
Posted From: 218.186.12.246
Rating: N/A
Votes: 0 (Vote!) | | Posted on Saturday, June 06, 2009 - 5:48 am: |
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With Praja Rajyam Party president Chiranjeevi going soft towards the Congress and attacking the Telugu Desam Party in the assembly, things have become easier for the ruling party.
The Congress Legislature Party sources said Chief Minister Dr Y S Rajasekhara Reddy is learnt to have suggested that more time could be given to Chiranjeevi to speak in the assembly whenever there is a debate on popular government schemes and programmes like Jalayagnam, housing and land distribution. While the TDP leaders would definitely attack the ruling party, the PRP president, who has no knowledge about any irregularities in the schemes, would speak in a positive tone; and that would help the Congress.
Out of 18 PRP MLAs in the assembly, 15 MLAs are new to politics and they hardly have any ability to probe into irregularities like the TDP leaders who know in and out of such programmes because they were in power for quite long time. If Chiranjeevi gets more time to speak, the TDP leaders might object and that way, the Congress could create a rift between the two parties. What an idea!
New politics for a New Generation - 
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Proofdada
Bewarse Legend
Username: Proofdada
Post Number: 68269
Registered: 03-2004
Posted From: 212.186.160.17
Rating: N/A
Votes: 0 (Vote!) | | Posted on Saturday, June 06, 2009 - 5:36 am: |
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Andhramass
Bewarse Legend
Username: Andhramass
Post Number: 28147
Registered: 07-2006
Posted From: 219.90.228.67
Rating: N/A
Votes: 0 (Vote!) | | Posted on Saturday, June 06, 2009 - 2:49 am: |
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Proofdada:mass gaa aus worst hit ani yekkadoo sadivaa.
ippudu antha sarukuntundii china raise avvuthundi kadha
మాస్ అంటే ఇష్టం, బెజవాడ అంటే ప్రాణం
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Proofdada
Bewarse Legend
Username: Proofdada
Post Number: 68268
Registered: 03-2004
Posted From: 212.186.160.17
Rating: N/A
Votes: 0 (Vote!) | | Posted on Saturday, June 06, 2009 - 1:52 am: |
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mass gaa aus worst hit ani yekkadoo sadivaa... |
Andhramass
Bewarse Legend
Username: Andhramass
Post Number: 28083
Registered: 07-2006
Posted From: 219.90.228.67
Rating: N/A
Votes: 0 (Vote!) | | Posted on Friday, June 05, 2009 - 2:33 pm: |
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Aggi_pidugu:
http://www.news.com.au /adelaidenow/story/0,,25580878-5006301,00. html
మాస్ అంటే ఇష్టం, బెజవాడ అంటే ప్రాణం
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Andhramass
Bewarse Legend
Username: Andhramass
Post Number: 28081
Registered: 07-2006
Posted From: 219.90.228.67
Rating: N/A
Votes: 0 (Vote!) | | Posted on Friday, June 05, 2009 - 2:31 pm: |
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Aggi_pidugu:
nenu post chesindi 04/06/09 article , last thursday dii
nuvvu fost chesindi ee roju di
మాస్ అంటే ఇష్టం, బెజవాడ అంటే ప్రాణం
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Aggi_pidugu
Bewarse Legend
Username: Aggi_pidugu
Post Number: 26183
Registered: 05-2006
Posted From: 12.168.68.11
Rating: N/A
Votes: 0 (Vote!) | | Posted on Friday, June 05, 2009 - 2:28 pm: |
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PRIME Minister Kevin Rudd has conceded the economy will be dragged into a recession for the first time since the early 1990s, following advice from most economists.
Previously, he and Treasurer Wayne Swan had avoided using the "R" word, although most economists have expressed the view the economy was either already in recession or would be unable to dodge the dramatic downturn suffered by Australia's trading partners.
Poll: is Australia in recession already?
"The worst global economic recession in 75 years means it's inevitable that Australia will be dragged into recession," Mr Rudd told an economic forum in Adelaide on Monday.
"The severity of the global recession has made it impossible for Australia to avoid a further period of negative economic growth."
The economy recorded its first quarter of negative growth in eight years during the final three months of 2008.
A recession is conventionally defined as two consecutive quarters of negative growth.
The March quarter economic growth reading will be released on June 3.
The government's admission comes despite its huge spending through stimulus packages, the second of which includes a one-off tax bonus which many households have yet to receive.
"Already he seems to be conceding this stimulus strategy of his, his big spending, big debt strategy has failed," Opposition Leader Malcolm Turnbull told ABC Radio.
But he said Mr Rudd had uttered the "R" word merely to create a distraction.
"It is a classic Rudd tactic. He isn't able to provide Australians the facts about the tragic events involving the unauthorised boat that blew up recently."
Mr Rudd's comments came as new data showed inflation pressures were clearly in decline and won't stand in the way of the Reserve Bank of Australia (RBA) trimming the official cash rate again if it needs to stimulate the economy further.
Wholesale prices - or the costs to business - unexpectedly fell in the first three months of this year, the first drop since mid-2003.
Economists said the result presents some downside risk to their forecasts for Wednesday's consumer price index (CPI), keeping inflation concerns very much on the back burner.
"RBA officials won't be sitting on the edge of their seats in anticipation of this week's inflation data," JP Morgan economist Helen Kevans said.
Minutes from the April RBA board meeting, when it cut the cash rate by a further 25 basis points, will be released on Tuesday, providing an insight for the decision, and perhaps hinting to the likelihood of further rate cuts down the track.
Reserve Bank governor Glenn Stevens will give a lunchtime address to the Australian Institute of Company Directors not long after the minutes are released.
Financial markets are pricing in a greater than even chance of a further 25 basis points cut in May and a low for the cash rate of around 2.5 per cent later in the year.
"We expect further modest rate cuts from the RBA, particularly given that it will be difficult for RBA officials to sit on their hands as the unemployment rate rises sharply in the months ahead," Ms Kevans said.
The producer price index (PPI) at the final stage of production fell 0.4 per cent in the March quarter, after rising 1.3 per cent in the previous three months, the Australian Bureau of Statistics said.
The decline was led by a 25 per cent drop in oil prices and a 1.5 per cent fall in building costs.
The annual PPI rate subsided to its slowest pace in more than a year at 4.0 per cent, compared with 6.4 per cent growth in the December quarter, and almost a full percentage point lower than economists had predicted.
Price pressures in the earlier stages of the production chain were also much weaker, which should put more downward pressure on consumer prices later in the year.
However, ANZ economist Riki Polygenis does not believe the economy is about to face a period of deflation.
"While Australia is expected to experience recession, there will not be the same collapse in demand - particularly from consumers ... being experienced elsewhere," she said.
Mass gaaa 
kamaturanam na tingu na rangu - Italian mafioso 
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Andhramass
Bewarse Legend
Username: Andhramass
Post Number: 28080
Registered: 07-2006
Posted From: 219.90.228.67
Rating: N/A
Votes: 0 (Vote!) | | Posted on Friday, June 05, 2009 - 2:24 pm: |
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Pda:
AUSTRALIA has defied the global economic meltdown to become one of the few developed economies in the world not in recession.
The Australian economy grew by 0.4 per cent in the first three months of the year – reversing a 0.6 per cent contraction of the previous three months, and providing Prime Minister Kevin Rudd with solid evidence his Government's stimulus spending has worked.
The remarkable result means Australia has avoided two consecutive quarters of negative growth – the technical definition of a recession.
A clearly jubilant Mr Rudd said Australia now had the lowest levels of debt and deficit, and the strongest growth of any developed country in the world.
He cited Treasury advice that the positive result came directly from the Government's first $10.4 billion stimulus package. Treasury said the economy would otherwise have contracted by 0.2 per cent, putting the nation in recession.
SA performed best among state and territory economies, with "final demand" – essentially all economic activity except for import/export changes – growing by 0.6 per cent, while the others went backwards.
The 0.4 per cent national figure was revealed in the March quarter national accounts – confounding months of consensus between market analysts, economists and both sides of politics, that a recession was inevitable.
While a number of economists had revised their growth estimates up fractionally in the past two days, in light of Tuesday's stronger-than-expected export data, the 0.4 per cent growth rate was still a major surprise.
TD Securities growth strategist Stephen Koukoulas said Mr Rudd, Treasurer Wayne Swan and Finance Minister Lindsay Tanner deserved a celebratory dinner for getting their policy settings right.
"They have every right to be thrilled with the way they have engineered an early-cycle soft landing for the economy at a time when the world has been through the deepest and darkest recession in about 75 years," he said.
The markets agreed. The All Ordinaries Index closed above 4000 points for the first time since November. The dollar also soared and was last night trading at US82.55c.
Export growth accounted for almost two-thirds of the turnaround and consumer demand for about a third.
Major economies such as the U.S., Britain, Japan and Germany are all experiencing deep recessions but some others, including South Korea, Poland, Finland and Norway, have so far avoided that plight.
"Australia is the fastest-growing economy of all the major advanced economies," Mr Rudd said.
The Government has been under pressure since the May Budget, when it was revealed that previous surpluses would be replaced with a $58 billion deficit in 2009-10.
The Government has also announced net borrowings will exceed $188 billion over the next five years and take many more years to pay off as it funds infrastructure spending and government programs.
But evidence of economic growth while comparable economies contract will allow it to argue its recession-busting spending has been effective – and protected jobs.
Forced on to the back foot by the strong result, Opposition Leader Malcolm Turnbull attacked what he described as Mr Rudd's "triumphalism".
"I was disappointed, however, to see a little while ago, the Prime Minister claim victory for his economic policies – it was his Mission Accomplished moment, missing only an aircraft carrier and a bomber jacket," he said.
This was a reference to former U.S. President George W. Bush's premature claim of victory in Iraq.
Mr Turnbull said the growth came largely from exports over which the Government had exercised little influence.
Investment by the private sector increased by 6.4 per cent (seasonally adjusted) in SA over the period – the highest rate of any state or territory. Spending by all levels of government in SA also out-stripped the majority of states and household spending growth was also highest in SA at 1.5 per cent.
Economists lauded the outcome while warning the outlook for jobs and investment remained poor in the medium term.
మాస్ అంటే ఇష్టం, బెజవాడ అంటే ప్రాణం
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Pda
Bewarse Legend
Username: Pda
Post Number: 29336
Registered: 06-2006
Posted From: 129.138.250.120
Rating: N/A
Votes: 0 (Vote!) | | Posted on Friday, June 05, 2009 - 2:19 pm: |
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Andhramass:makku recession leddhu
 WTF
Tough times never last but tough people do.
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Rrc
Celebrity Bewarse
Username: Rrc
Post Number: 6017
Registered: 04-2006
Posted From: 76.186.31.34
Rating: N/A
Votes: 0 (Vote!) | | Posted on Friday, June 05, 2009 - 2:07 pm: |
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 mee suvullo ettaru anukunta |
Andhramass
Bewarse Legend
Username: Andhramass
Post Number: 28074
Registered: 07-2006
Posted From: 219.90.228.67
Rating: N/A
Votes: 0 (Vote!) | | Posted on Friday, June 05, 2009 - 2:06 pm: |
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makku recession leddhu
last quarter growth chuyinchindi/chuyincharu
మాస్ అంటే ఇష్టం, బెజవాడ అంటే ప్రాణం
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Proofdada
Bewarse Legend
Username: Proofdada
Post Number: 68265
Registered: 03-2004
Posted From: 212.186.160.17
Rating: N/A
Votes: 0 (Vote!) | | Posted on Friday, June 05, 2009 - 12:17 pm: |
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mass gaadu neenu beeer thaganu naakeeti prob anthaadu... |
Racchamass
Bewarse Legend
Username: Racchamass
Post Number: 18259
Registered: 01-2005
Posted From: 32.128.167.136
Rating: N/A
Votes: 0 (Vote!) | | Posted on Friday, June 05, 2009 - 12:09 pm: |
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oka beer bottle 25$ naa 
I live by my decision, I die by my decision
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Pda
Bewarse Legend
Username: Pda
Post Number: 29332
Registered: 06-2006
Posted From: 129.138.250.120
Rating: N/A
Votes: 0 (Vote!) | | Posted on Friday, June 05, 2009 - 12:07 pm: |
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Tough times never last but tough people do.
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Proofdada
Bewarse Legend
Username: Proofdada
Post Number: 68263
Registered: 03-2004
Posted From: 212.186.160.17
Rating: N/A
Votes: 0 (Vote!) | | Posted on Friday, June 05, 2009 - 12:04 pm: |
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Gudivada04
Mudiripoyina Bewarse
Username: Gudivada04
Post Number: 4948
Registered: 09-2004
Posted From: 66.244.207.150
Rating: N/A
Votes: 0 (Vote!) | | Posted on Friday, June 05, 2009 - 11:45 am: |
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http://www.financialpost.com/story.html?id=1666756
Aus vallaki chaana vundi. recession-busting beer anta, A$25 per bottle. |
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Archives - 2009