Saturday, March 1, 2014

Russian forces seize Crimea; India economy slows down; Social media as a bedtime ritual

1 Russian forces seize Crimea (Alison Smale & David M Herszenhorn in The New York Times) Russian armed forces effectively seized control of Ukraine’s Crimean Peninsula on Saturday, as President Vladimir V. Putin had the Russian Parliament grant him broad authority to use military force in Ukraine in response to deepening instability there.
Russian troops stripped of identifying insignia and military vehicles bearing the black license plates of Russia’s Black Sea force swarmed the major thoroughfares of Crimea and occupied major government buildings, closing the main airport and solidifying what had been a covert effort to control the largely pro-Russian region of Ukraine.
In Moscow, Mr. Putin convened the upper house of Parliament to forcefully denounce President Obama and obtain authorization to protect Russian citizens and soldiers stationed in Crimea as well as other parts of Ukraine. Both actions, military and parliamentary, were a direct rebuff to Mr. Obama, who on Friday pointedly warned Russia to respect Ukraine’s territorial sovereignty.
President Obama accused Russia of a “breach of international law” and condemned the country’s military intervention, calling it a “clear violation” of Ukrainian sovereignty. Mr. Obama, who had warned Russia on Friday that “there will be costs” if Russia violated Ukraine’s sovereignty, spoke with Mr. Putin for 90 minutes on Saturday, according to the White House, and urged Mr. Putin to withdraw its forces back to its bases in Crimea and to stop “any interference” in other parts of Ukraine.
In addition to the risk of open war, it was a day of frayed nerves and set-piece political appeals that recalled ethnic conflicts of past decades in the former Soviet bloc, from the Balkans to the Caucasus.

2 India economy slows down (Yogita Limaye on BBC) India's economic growth rate slowed down in the most recent quarter, according to official figures. The economy expanded at an annual rate of of 4.7% in the three months to December, down from 4.8% in the previous quarter. The figure was lower than analysts had been expecting.

Asia's third-largest economy has been weighed down by various factors, such as high inflation, a weak currency and a drop in foreign investment. For the same period in 2012, annual GDP growth was 4.5%. The figures aren't a surprise, but they do show just how the slowdown has cemented itself. Sure, it's a rate the US and Europe can only dream of - but for a country that once harboured aspirations of double-digit growth, this is pretty bleak.

Job creation is a big worry for India with its large, young population. It needs to grow much faster to generate enough employment for its people. So with elections due in a couple of months - both businesses and ordinary citizens are eagerly watching - with hopes that if a strong government came to power, things could start turning around for this languishing Asian giant.

This is the fifth quarter in a row that India's annual growth rate has been below the 5% mark.
Two years ago, India's growth rate stood at about 8%. Economists say the country needs to grow by that much in order to generate enough jobs for the 13 million people entering the workforce each year. The numbers are not seen to be good news for the ruling Congress Party, which faces elections in May.

3 Social media as a bedtime ritual (Khaleej Times) Are you among those who surf Facebook or watch TV before hitting the sack after a tiring day? You belong to the majority as bedtime rituals have changed from a good book read to taking resort in the virtual world before sleep. New research reveals the average bedtime ritual consists of checking social media networks four times and watching 17 minutes of television.

Experts have said that in order to get a good night’s sleep, most people need to unwind for at least half an hour away from technology before trying to get some shut-eye. This is not the case anymore. The study by Ergoflex, a Newcastle-based memory foam mattress company, found that most Britons are quite active when it comes to bedtime rituals.

The survey revealed that just under three quarters of them check Twitter or Facebook within half an hour of going to bed. More than half of those surveyed watch a TV programme or film, while a similar number - 63 per cent - prepare an outfit for the next day. Just over half of people read a book and a similar number make their bed before climbing into it to sleep, said the survey. Experts now suggest to spend time away from technology before sleeping.


http://khaleejtimes.com/kt-article-display-1.asp?section=lifestyle&xfile=/data/lifestyle/2014/March/lifestyle_March1.xml

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