Blog@GraceJunction

The prosperous state of Gujarat has an ambassador now. A brand ambassador who will become the face of the state henceforth. It is none other than “Big B”, Amitabh Bachchan, and ever since he came to the state a few days ago for photo and video shoots at different locales of this state, every move of his has been reported by the media, including what he blogs and tweets about his experience everyday!

Mr. Bachchan too has been creatively churning out impromptu slogans and jingles. Actually, some of his observations are quite insightful. Posted on one of his blogs: “What a magnificent country we own. And it is only when you visit these places yourself do you realise that it’s not just the greatness of the domain that makes this land so wonderful and blessed, it is the man on the street, the commoner that gives this nation its strength and its glory!” I say, “Awesome insight”! (more…)

The much awaited monsoon had finally descended on our city with a few continuous and long spells. I ve always looked forward towards this time thru the year, a time to be drenched by the rains. It a great time of relief as the cold drops touch you face and drip in to your soul to soothe. This time I was with my son, who equally enjoys the rains. It was fun splashing and jumping in the poodles created in the courtyard of our house. Suddenly my son stopped playing and asked me a question – Dada where does this water come from, Is there a shower tap in the skies? Does God operate them ?. Why are there bubbles in the water? Why is water flowing away, I want to play, why cant we stop it. Later he would cry when the rains would stop or when it would just drizzle and I would tell him, ask God to open the shower. However these questions lingered in my mind and put me on to do some research on this simple thing called water. And I found there is much more beyond this simple thing called water. (more…)

This is how the 63rd session of the General Assembly began this year. The Secretary General, as usual, addresses the gathering.

“Mr. President, Excellencies, Ladies and Gentlemen: Welcome to the opening of the general debate of the 63rd session of the General Assembly. It is customary for the Secretary-General, on this occasion, to assess the state of the world and to present our vision for the coming year. We all recognize the perils of our current passage. We face a global financial crisis. A global energy crisis. A global food crisis. Trade talks have collapsed, yet again. We have seen new outbreaks of war and violence, new rhetoric of confrontation. Climate change ever more clearly threatens our planet. We often say that global problems demand global solutions. And yet … Today, we also face a crisis of a different sort. Like these others, it knows no borders. It affects all nations. It complicates all other problems. I refer, here, to a challenge of global leadership.”

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Ten thousand years ago the agricultural revolution launched a slow wave of change. The industrial revolution, starting roughly 350 years ago, triggered a second – faster – wave of change. In the mid-1950s the United States started on the path to a completely new kind of economy – one based on knowledge rather than muscle power. This is part of a gigantic wave of technological, social and cultural change. What we’re living through now is history’s third great wave of change – one that is arriving at hyper-speed and is global in extent.

This new way of life – it’s really a new civilization or, for that matter, a “super-civilization” – is spreading out from the United States and has cells in many other parts of the world, from Japan and Singapore and China to India and Brazil.

The first phase of this current upheaval is the digital revolution and its social and cultural effects. The next phase is the fusion of the digital revolution with the genetic and biological revolution. (more…)

You must understand this, that in the last days distressing times will come. For people will be lovers of themselves, lovers of money, boasters, arrogant, abusive, disobedient to their parents, ungrateful, unholy, inhuman, implacable, slanderers, profligates, brutes, haters of good, treacherous, reckless, swollen with conceit, lovers of pleasure rather than lovers of God, holding to the outward form of godliness but denying its power. Avoid them!

Since over a decade, thousands of British teens head for Crete, a Greek island, for their holidays. They usually stay over for about a week. A very chaste and innocent choice at face value but in this one week’s time, they create mayhem on the island. (more…)

You must understand this, that in the last days distressing times will come. For people will be lovers of themselves, lovers of money, boasters, arrogant, abusive, disobedient to their parents, ungrateful, unholy, inhuman, implacable, slanderers, profligates, brutes, haters of good, treacherous, reckless, swollen with conceit, lovers of pleasure rather than lovers of God, holding to the outward form of godliness but denying its power. Avoid them!

For any generation, these are really tough and seemingly rude words. However, the acridity pales off before the events that play out before us daily. The news pouring in from different corners of the globe are appalling and shattering and only confirming to the confession we read above. (more…)

Few men sat together and played with the LIBOR rates in the wake of the US funds crisis and this has allowed in artificial interest rates into the world economy which could have serious ramifications very soon. LIBOR rates are used as benchmark for over 300 trillion USD worth of transactions worldwide!

Few men sit together at the OPEC and decide how much you and I will pay for our petrol or diesel. They decide the production limits of its constituent countries and this gives them large control over the prices of crude. The crude cost per barrel is estimated to be around 15 USD per barrel, that however is now selling at 130 USD per barrel or even more. (more…)