Presidents too wanna have fun!
Undeterred by moral & societal considerations, Sarkozy courts Carla
Nicholas Sarkozy, the playboy president has transformed the
presidency. Instead of transforming the economic situation as expected, Unlike his predecessors, he has let the media write & speculate on his personal life.
His divorce with Cécilia, a former model, had grabbed the media attention as it was the first incident in modern French history that a serving president was divorcing his wife. Soon after the election, he was attacked by the opposition for spending holidays on French millionaire Vincent Bollore’s luxury yacht.The latest in the series is his relationship with former supermodel Carla Bruni.
Nero fiddled when Rome burnt, so goes a proverb. Sarkozy borrowed a private jet from Bollore and flew in to the banks of the Nile along with Bruni to celebrate Christmas, when the workers unions were busy devising new strategies to deal with the government. The opposition has a reason to worry. “When the president is the personal friend of men and women who own newspapers, TV stations, who he makes pay for his holidays, who can say for sure that there aren’t paybacks?” asks socialist MP Benoit Hamon. Sarkozy, however, remains unconcerned of the allegations. “Despite the obstacles, despite the difficulties, I will do what I said I would,” said the president in his New Year address. The labour unions have been given the January 15 deadline to reach a consensual agreement with the government.
If the unions fail to reach a deal, his government would legislate the proposals, says Sarkozy. Is it as easy as celebrating holidays with his girlfriend in the Egyptian valleys? If he fails to swing the public mood in favour of his reform project, he would, to his utter discomfort, know the answer to that one.
For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2008
Nicholas Sarkozy, the playboy president has transformed the
presidency. Instead of transforming the economic situation as expected, Unlike his predecessors, he has let the media write & speculate on his personal life.His divorce with Cécilia, a former model, had grabbed the media attention as it was the first incident in modern French history that a serving president was divorcing his wife. Soon after the election, he was attacked by the opposition for spending holidays on French millionaire Vincent Bollore’s luxury yacht.The latest in the series is his relationship with former supermodel Carla Bruni.
Nero fiddled when Rome burnt, so goes a proverb. Sarkozy borrowed a private jet from Bollore and flew in to the banks of the Nile along with Bruni to celebrate Christmas, when the workers unions were busy devising new strategies to deal with the government. The opposition has a reason to worry. “When the president is the personal friend of men and women who own newspapers, TV stations, who he makes pay for his holidays, who can say for sure that there aren’t paybacks?” asks socialist MP Benoit Hamon. Sarkozy, however, remains unconcerned of the allegations. “Despite the obstacles, despite the difficulties, I will do what I said I would,” said the president in his New Year address. The labour unions have been given the January 15 deadline to reach a consensual agreement with the government.
If the unions fail to reach a deal, his government would legislate the proposals, says Sarkozy. Is it as easy as celebrating holidays with his girlfriend in the Egyptian valleys? If he fails to swing the public mood in favour of his reform project, he would, to his utter discomfort, know the answer to that one.
For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2008
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otherwise…and the death of the same, leads to death of those words which would have been spoken otherwise. The murder of more than 16 country singers in Mexico, has evoked quite a furor as the secret of the delirious deaths has also gone to the grave, along with the songsters.
bid for English steel-maker, Corus. A year later, that’s a $12.1 billion worth chapter in M&A books – the biggest ever by an Indian company – making the Tata Steel & Corus combine the 6th largest globally, with a total annual steel capacity of 25.6 million tonnes! That’s Tata Steel for you, growing amidst drama & against all odds.
inversely proportional to the optimism of Ben Bernanke. Declining home prices, rising foreclosure rates, a weak dollar and high oil prices; not to mention a crisis of confidence in the credit markets, yet, if Ben were to be believed, all suggest a period of moderate, but positive growth going forward.
rabble rousing word, in the Indian lexicon, since the emergence of economic liberalisation. Every attempt to privatise Indian PSUs has not only been greeted with serious resistance by Opposition parties, it has also been termed as attempt to sell off ‘National Assets’ or ‘Family Silver.’ While national parties like BJP & Congress have taken turns to oppose it, depending on whether they are in government or in Opposition, the Left parties have always been opposed to it. In 2004, in an article in rediff.com, CPI General Secretary A. B. Bardhan stated, ‘It was National Democratic Alliance Government that set up the first ever Divestment Ministry. It virtually put India up for sale: it set up a shop to sell off prime national assets.’
world of The Matrix – a computer generated world that’s almost indistinguishable from reality. To quote Morpheus again, “Have you ever had a dream that you thought was so real, that if you woke up, how would you know the real world from the dream world?” Sooner or later, the technology will allow us to step into the screen instead of simply staring at it.
control over global mobile market? Or is it just another CSR act? “Nokia’s decision to launch eco-friendly mobile in India is more of building a brand image than a strategy to increase or recover its lost market share,” opines Shushmul Maheshwari, CEO, RNCOS e-Services. But will an improvement in brand goodwill not boost its sales and topline? Pat comes Maheshwari’s response, “No! This move is not expected to benefit the company in increasing its sales or market penetration as Indian consumers have low awareness regarding green products (eco-friendly) as compared to his western counterpart...”
being infused into the natural resource sector, it is undoubtedly in the midst of a super cycle and investors can certainly cash in on the benefits by investing in such funds. Natural resources funds will also help reduce portfolio volatility and provide a hedge against the ever rising inflation. Further; as industrialisation and urbanisation increase the intensity of consumption of natural resources, the demand for natural resource will fast outpace the supply and thus in the foreseeable future the prices of natural resources can only go up.
When ArcelorMittal acquired the Gandrange facility in Eastern France in 1999, little was known that the plant will become a source of disdain. Due to unprofitability and a poor market, when the company wanted to offload close to 575 workers, the workers ransacked the company office. But for those wondering if this indicates there could be trouble in Mittal’s paradise, we must understand it’s a one off case. Mittal’s expansions gives him an excellent leeway in the steel industry. Some tactical blunders do not question the merit of his ingenious strategy; but then, damage control is one area that he may well have to be adept at.
messaging more directly against AOL and the ability to compete more directly in innovation markets against Google. Experts speculate that a successful deal could lead to AOL being lapped up by none other than Google; creating a virtual duopoly in the online advertising space. But with Yahoo! being a struggling conglomerate, dabbling in media, sports, internet technologies and just about everything else, it’s a bit of a mess. “There certainly will be high integration costs”, opines Marc. Of course, for Microsoft, that hardly seems to be a constraint. As per Richard, “Microsoft would become a powerhouse player in online advertising and a much stronger competitor to Google.”
