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Weak Yuan
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It is quite irresponsible on the part of China to keep Yuan weak and have an unfair advantage in the world market. With a weak Yuan, China is able to sell its commodities at throw away prices in the international market. It is affecting the demand for local producers of the world economies. It is also affecting the exports of other developing countries, making them handicapped in the international market and having comparative advantage. But this is what the powerful world economies have been doing when they are involved in their vested interest rather than the interests of the world economies. Even the US which boast off itself a savior of world economies its Federal Reserve is planning to go for printing more money to monetize its growing debts. There have been the protests of this likely move of US all over the world. This move will increase money supply in its economy or it will decrease the value of dollar which will enable us producers to sell their goods in international m...
G20 and Obama
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US President Barack Obama expected G20 nations to discuss the modalities for balanced and sustained economic growth. His visit to Asian countries is a testimony to the fact that these nations are a great buyers of US goods and services and recovery of its economy. A balanced growth will be achieved when developed nations do away with the mindset of vested interest and go for equality in terms of lifting down all the hurdles for free flow of goods and services across the nations of the world.
20th CBSE Cluster Meet
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It was an awesome performance by IISJ boys in the second phase of 20th CBSE Cluster Meet where 18 schools of Kingdom participated in different sport events under the category of 14,16 and 19 years. I on behalf of the IISJ teachers community congratulate all the participants and students in general. At the same time also wishes good luck for the students who are selected for playing at National Level back in India.