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| WEF IN NY: Schwah |
In advance
of its Annual meeting, the World Economic Forum (WEF) has designated 69
people as Technology Pioneers for 2002. The list includes five people
of Indian origin. Five others from India, including K. Anji Reddy of Dr
Reddy's Lab and Kiran Mazumdar-Shaw of Biocon India, have been reinvited
for the second year running.
For the first time in its 31 year history, the WEF will not hold its
annual event at Davos, Switzerland. Instead, in a gesture to the Big Apple,
the organisers have decided to hold it in New York from January 31 to
February 4. Not surprisingly, 9/11 has determined the agenda: "Leadership
in Fragile Times: Vision for a Shared Future".
It will give the world leaders a moment to stand back and reflect on
events, albeit not with the Swiss ski slopes in the backdrop, and the
way they have unfolded in the past three months. Economic stabilisation
and unbridled reliance on market forces will also be on their minds, especially
since both point to an enhanced role for the government.
Professor Klaus Schwab, president and founder of the WEF, says that
the four guiding points of this year's summit would be creating and sustaining
economic growth, bridging the global divide, sharing and respecting values
and addressing security issues.
But the network of global protesters have their own spin on the event.
Not deterred by the sombre air that has come to dominate New York, they
plan their usual turnout to protest-in the wake of mass lay offs-the event.
It will be interesting to see how newly crowned mayor Michael Bloomberg-no
mean tycoon himself-deals with the protesters.
-Anil Padmanabhan
SPY VERSUS SPY
Listening to the Other President
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| POWERS THAT BE: Jiang (left) and Bush |
When President Jiang Zemin of China meets US President George W. Bush
on February 21, he may have a few sweet nothings to whisper into Bush's
ear. Chinese intelligence officials have found more than 20 advanced satellite-controlled
spying devices in a Boeing 767 purchased for Jiang's use from the US,
including some in the bathroom and bed. The bugs were found when they
started emitting static during a test-flight in China three months ago.
The Chinese tried to suppress the matter, and the Americans, of course,
are keeping mum.
Anthrax Mystery
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| DANGER:A lab handling anthrax samples |
The news that a batch of 27 specimens of pathogens, including anthrax
and the ebola virus, had gone missing in February 1992 from a US Army
lab in Maryland, a Washington suburb, has triggered intense speculation
that the mystery surrounding the anthrax attacks in the US is about to
be solved. But that may take a while to happen since the revelations don't
reveal so much.
The reports, which appeared in Connecticut newspaper Hartford Courant
say the anthrax stolen was not weapons grade. Moreover, experts say the
germs would have been killed before being put on slides. However, since
anthrax spores are notoriously resilient, it is possible that some of
them may have survived and they might have been recovered from the samples
and converted to weapons grade, they add, though that is a very difficult
and expensive process. So who did it?
More Woes for IT
Asia's information technology (IT) sector will see a further shakeout
in 2002 through job losses and supplier consolidation, according to an
AFP report quoting research firm Gartner. "Half of all IT suppliers
that existed in 2001 will disappear by the end of 2003," the report
said. Storage vendors are likely to be hardest hit.
The telecom service provider market in the region will also hot up,
meaning cut-throat competition. The good news is sparse: Internet-delivered
software services and corporate wireless networks are among the few areas
for which growth is predicted.
Gartner had predicted the Asian dotcom bust in May 2000.
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