Wednesday, November 25, 2009 WASHINGTON: Noting that there was growing "convergence" in national interests of India and the US, Prime Minister Manmohan Singh on Tuesday said the two countries "must work together" to effectively tackle the multiple challenges confronting the world. "The India-US partnership can promote global cooperation in dealing with issues that the world has to face together, whether it is hunger, global security and terrorism, nuclear disarmament, climate change or spread of pandemics," he said. Singh said he saw the future of the India-US partnership with "confidence and optimism". "There is a growing convergence in our national interests, both within bilateral framework and on regional and global issues," the Prime Minister said in his address to the Council on Foreign Relations, a Washington-based think tank. The changes in global economic and political structures and the growing interdependence among nations today offer the two countries an opportunity to look beyond bilateral engagement "to establish a strategic partnership of global dimensions," he said in the presence of city's top intellectuals. "If we are to effectively tackle the multiple challenges that confront the world, India and the United States, as two leading democracies, must work together," he asserted, adding the immediate challenge before the two countries is to bring the world to full recovery from global economic crisis. The Prime Minister noted that India and the US have strong compulsions to work towards an open and liberal regime for transfers of goods, services, investments and technology. This will stimulate recovery in the global economy, create jobs and spur growth in their economies, he said. Singh said India and the US can work together with other countries in the region to create an open and inclusive regional architecture in the Asia-Pacific.
Sunday, February 28, 2010 HAVANA: Hundreds of wealthy merchants and cigar aficionados from all parts of the world gathered in Havana this week to bid high stakes for humidors full of premium cigars. Cuba's annual Habanos festival ended on Friday night with an auction of ornate humidors of cedar and mahogany stacked with hand-rolled stogies that raised 800,000 euros ($1.09 million dollars). Habanos S.A. executives this month said cigar sales fell 8 percent to $360 million in 2009, so they have created the Julieta, a smaller, milder version of the Romeo y Julieta cigar, aimed specifically at female smokers. Women now make up only 5 to 10 percent of customers for Habanos. But even with the creation of the Julieta, Garcia said Habanos has only modest hopes for 2010 sales, due largely to a weak economy in Spain, the biggest market for Cuban cigars. The flavor of premium tobacco relies on the soil and climate in which it is grown. The western province of Pinar Del Rio, famous fo...
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