China is the new Asia’s powerhouse and reached a long looming landmark by surpassing Japan and World’s second largest economy after his rapid growth has made it increasingly its gross domestic product in US dollar terms and will be better this year than Japan. Therefore, the vagaries of international currency movements mean such an effect is far from assured. Observers keenly awaiting what will be a symbol of shifting global economic power and China development prospects. Mr. Yi, a deputy central bank governor said; China is in fact already the second biggest economy. With the growth of the economic base, the growth rate should surely gradually slow down. On the other hand, Mr. Yi’s comment fell far short of official seizure of a title that Japan has held for just over four decades, particularly given that he did not state whether he was talking about China GDP at market prices or in purchasing power parity terms. In measure of economic weight, China has already been the second largest economy for years.

China based economists tip out Tokyo reports detailed and relatively accurate economic data. Beijing sketchier numbers potentially beneath report its economy by as much as 20 per cent, meaning China may have in actual fact been number two for some time, even in dollar terms. Even using authorized data, the baton is seen as expected to be decisively passed this year. In 2009 Japan gross domestic product was value about $5,080 billion, while Chinese GDP was originally reported to be not far behind at about $4,900 billion. Mr. Yi is stating the understandable if China has not already overtaken Japan at this moment in time then it will very quickly, said by Arthur Kroeber, a managing director of Dragonomics in Beijing.

Dong Tao, Chief of China economist at Credit Suisse said; This has news value but no economic value. At some point this year China economy will go beyond Japan as world’s second largest economy in nominal dollar terms; the only thing potentially stopping it right now is the supremacy of the yen. In spite of Mr. Yi’s apparently throw away comments, Beijing is also improbable to want to make too much of a fuss about its new rank. China wants to adjust to its new rank but it is not fairly ready for it and would like to put it off as long as possible, Mr Kroeber said.

Bookmark It

Hide Sites

Indian legendary batsman Sachin Tenduklar has proved that age has got nothing to do with performance and people should stop connecting them in this case. Saching Tendulkar scored fifth double century and his match saving 203 runs against Sri Lanka settled the high scoring draw in the 2^nd Test at Colombo. I believe as long as you are mentally tough and prepared to go through the grind, age does not actually matter. I believe everyone should just stop talking about the age issue. If I can score a double hundred at 37, I don’t think age really counts. He further being named the most stylish player of the match at the post match presentation. The veteran right hander batsman has 48 Test hundreds now and thought his knock played a vital role in saving the match for India, he also admire the contributions of debutant Suresh Raina (120) and opener Virender Sehwag (99). I and Suresh Raina built an important partnership in the middle and credit must goes to Raina and Sehwag. India is 0-1 behind in the Test series after losing the first Test match. Sachin Tendulkar said the team is anxiously to latch on to the top spot in the ICC Test rankings which the visitors stand to lose if they go down 0-2. Number one position is really important for us. We got here through a development and we hope to continue this process in the next match and win it.

Bookmark It

Hide Sites

Aston Villa person in charge Martin O’Neill insists James Milner still has a future with the club if his transfer move to Manchester City fails to materialize. James Milner is whispered to be keen on a move to big spending Manchester City after they had an offer for his services discarded at the start of the summer. Martin O’Neill has acknowledged he is willing to let the England midfielder move on for the true price, but the two clubs are thought to be some way apart in their valuations of the 24 year Millner. Aston Villa boss Martin O’Neill insists there has been no advancement in the transfer saga and he would happily stay Milner if the two sides fail to hit a deal.

It is no more forward since I spoke to you a few days ago and James is with us here so I have not heard something. It is the owner and chief executive who are dealing with it. Asked if he thinks Manchester City would match Villa’s valuation of the former Newcastle and Leeds man, Martin O’Neill said: I actually don’t know. The reality is we had a situation with Gareth Barry a couple of seasons ago. The move to Liverpool didn’t materialize. We put a valuation on him, it was not met and Gareth came back to play some of the best football of his career and James is surely in the same mould.

Bookmark It

Hide Sites

Recriminations were in order for the North Korea national football team after their meager performance in the recently held World Cup in South Africa. According to a report from the Telegraph, the full squad was mandatory onto a stage at the National People Palace of Culture and subjected to condemnation from Pak Myong chol, the sports minister, as 400 government officials, student and journalists stood in audience. In addition, the coach Kim Jong hun, was reported to have been forced to become a builder and had been expelled from the Workers’ Party of Korea. He was apparently penalized for “betraying” Kim Jong-un one of best Leader Kim Jong-il’s sons and heir apparent of North Korea. The North Korea had reached its first World Cup since 1966, but lost their all three group games. Therefore, South Korea media said the players got off carelessly by North Korean standards. In the past, North Korean athletes and coaches who performed poorly were thrown to prison camps, said by a South Korean intelligence source a newspaper.

Bookmark It

Hide Sites

Brazilian star Ronaldinho could be set for a month on the sidelines after limping out of training with a muscle injury. The AC Milan playmaker that has just devoted his immediate future to the Rossoneri, pulled up in training on Wednesday afternoon and will undergo further tests to diagnose the extent of the injury. A statement on the club website state: Last night at the end of the day second training session at Milanello, Ronaldinho complained of pain in his flexor muscle. This afternoon the Brazilian will undergo medical test. Ronaldinho is absolutely out of the Emirates Cup this weekend, while the 30 year-old could also miss Milan’s first series A match, at home to Lecce on August 29.

Bookmark It

Hide Sites

England captain Andrew Strauss admits there is still a room for improvement against Pakistan they will need if they are to set off for Australia with self-confidence. Andrew Strauss sees a potentially hard four match series against Salman Butt’s tourists as an opportunity to continue a sequence which began with last summer’s wins over West Indies and then in the Ashes. Anything but one more success, over a emergent team who have just drawn 1-1 against Australia themselves, would be a considerably inconvenient dent to England hopes of retaining the urn Down Under for the first time in almost a quarter of a century. England recent Test assignment was victory over Bangladesh and then they have been involved in One day International series before a mid summer recess. We are not necessarily where we want to be, but I think we are making improvements. My first series as captain we lost to the West Indies, then beat the West Indies and won the Ashes. I think there is a nice progression there but there are still few areas where we need to get better, no doubt about that. This Test series gives us a chance to do that. There are more pressing issues for Andrew Strauss and his side, though starting with how to defy a Pakistani bowling attack which saw off Australia for only 88 in accommodating conditions in the first innings at Headingley last week. This is the ground where generally the ball swings around a bit and it is imperative to react better against lethal Pakistan attack, they are good varied bowling attack, but our job is to over hype the opposition. Most Test teams you play against have got a good bowling attack, and Pakistan is one of the better ones and having high quality attack.  Let’s hope for the best this one is lively in a good way, rather than a bad way. I don’t think either side want to be caught up in anything particularly controversial and let’s hope that the case.

Bookmark It

Hide Sites

Sir Alex Ferguson is keeping close tabs on greatly rated Danish custodian Anders Lindegaard. The 26 year old Dane currently plays for Norwegian side Aalesunds and is well thought-out one of the most promising keepers in Europe. He is the ideal candidate and would fit the bill nicely at Old Trafford, with Manchester United just having offloaded Ben Foster to Birmingham for £6 million. The Manchester Evening reports that Fergie is on the lookout for a appropriate heir to the 39 year old incumbent Edwin van der Sar. The Red Devils also do have Thomasz Kuszczak as back up for the Dutchman but he is unsuccessfully to make an impression thus far in his stint at the club. As a result, Manchester United has been connected with a whole host of keepers ranging from Manuel Neuer to Igor Afkinfeev.  Anders Lindegaard has been playing international football at a very high level for a long time now and that has been noticed around Europe. He definitely has the skills to play in the Premier League. Another candidate in waiting is 20 year old Ben Amos who has scaled up to number three in the pecking order following the departure of Foster. Commenting on Amos, Fergie said; we think he is an exceptional young goalkeeper and he has a barely credible physique and is improving his speed.  When it comes to experience, he will have to wait because Edwin van der Sar is still showing good appearances and Tomasz Kuszczak is very good too. But his time definitely will come because he has got the ability. However, Van der Sar recently signed a one year contract extension, Manchester United fans will remember the problem their club had in replacing the superb Schmeichel. Fabian Barthez had a mixed time at Old Trafford and a several promising youngster also failed to make the cut before Fergie finally landed Van der Sar from Fulham in 2005.

Bookmark It

Hide Sites

Samsung has just introduced the ultra compact ST80 digital camera, a complete package with Wi-Fi and DNLA connectivity. These days more and more pocket sized digital cameras are shipping with built in Wi-Fi. Which becomes particularly helpful for uploading to Facebook and Flickr when on vacation and so long you can find a McDonald’s with free Wi-Fi. The 14.2 megapixel Samsung camera also records 720p HD video at 30fps in H.264 format. Users can make bring into play of the “Smart Auto” feature in both photo and video mode, which lets the camera come to a decision the settings based on the environment. Other important notes of interest are the 3-inch WQVGA touch screen no buttons on the back at all, 3x optical zoom, and the “Smart Crop” tool that lets photographers edit on the fly. The Samsung ST80 camera will be available in September with the retail price of $249.99.

Bookmark It

Hide Sites

A passenger plane crashed into the Islamabad hills overlooking Pakistan’s capital amid due to poor weather at least killing all 152 people on board and blazing a path of devastation strewn with body parts and twisted metal wreckage. It was the most horrible plane crash ever in Pakistan, and rescue workers battled with fires and muddy conditions as they searched in vain to find survivors on the densely wooded hillside where the flight went down. The CDA chairman Imtiaz Elahi said; the situations at the site of crash are heartbreaking, it is a huge tragedy, and I confirm it with soreness that there are no survivors. The dead also included two U.S. citizens, without providing further details.

The crash left warped metal wreckage hanging from trees and sprinkled across the ground on a bed of broken branches. Clouds of dense gray smoke rose up from the burning debris as a helicopter hovered above. A rescues worker said with pain; I am only seeing the body parts, this is very horrible scene, and we have searched almost all the area, but there is no chance of any survivors.

The reason of the crash was not right away clear; the plane left the Karachi at 7:45 a.m. for a two hour Airblue flight to Islamabad and was facing difficulty to land during cloudy and rainy weather, said by a civil aviation official. Airblue is a private service based in Karachi, and flight was believed to be carrying mostly Pakistanis. So far rescue workers searched the heavily forested hills recovered nearly 80 bodies from the wreckage.

The Airblue flight was carrying 146 passengers and six crew members. The aircraft was an Airbus A321 and his flight number was ED202. The crash site covered a big area on both sides of the hills, including a section behind Faisal Mosque, one of Islamabad most prominent mosque and not distant from the Daman-e-Koh resort. At the Islamabad airport, hundreds of friends and relatives of those on board the flight grouped ticket counters desperately seeking information. A large come together people also bounded a passenger list posted near the Airblue ticket counter.

Saqlain Altaf told ARY news channel he was on a family outing in the hills when he saw the plane looking unsteady in the air. The plane had lost balance, and then we saw it going down, and they heard the thunderous crash the plane appeared to have strayed off possibly because of the poor weather.

Airblue spokeman Raheel Ahmed said; an investigation would be opened into the cause of the crash. The plane had no recognized technical issues, and even pilots did not send any emergency signals.

The last foremost plane crash in Pakistan was in July 2006 when a Fokker F-27 twin engine aircraft controlled by Pakistan International Airlines slammed into a wheat field on the outskirts of the central Pakistani city of Multan, killing all 45 people on board.

The only earlier recorded accident for Airblue a carrier that began flying in 2004, was a tail strike in May 2008 at Quetta airport by one of the airline’s Airbus A321 jets. There were no casualties and damage was very minimal.

Bookmark It

Hide Sites

Pakistan fast bowler Umar Gul, who picked eight wickets in the freshly concluded two Test series against Australia, was satisfied with his form and was eager to play a more influential role in the upcoming Test series against England. I feel quite fit as I am back to my top form and rhythm and I am looking forward to playing a vital role for my country here in the series against England. I was lack of match practice before the start of English tour and after playing a few matches here, I feel more relaxed and positive to deliver to the best of my abilities during the upcoming series. Umar Gul who just returned from shoulder injury made a great impact with his perfect Yorkers, that help Pakistan to beat Australia 2-0 in Twenty20 series, and perform very effective third seamer’s role in Test matches, while his bowling partner Muhammad Aamer and Muhammad Asif stole the headlines, but he believe the trio would get an stronger in the coming series against England. I believe the most terrible part is over. We are playing in England for almost a month now and have become familiar to the conditions very well. Mohammad Asif knows very well how to bowl in England conditions. Mohammad Aamer has established his potential during the series against Australia. So I sense that the performance of bowlers against England would be much improved than what they have shown against Australia. Even if the Pakistan bowling attack carries out the way it did against Australia, they would provide a good chance to their batsmen to win for the country. Umar Gul respected the role of Coach Waqar Younis and bowling coach Aaqib Javed, both are experienced fast bowlers of their era. Their presence with the team is great benefit for bowlers. Both have been of huge help to the team members. They are very experienced and know the English conditions very well. Even batsmen can make full utilize of their experience.

Bookmark It

Hide Sites