The ongoing G20 summit has agreed on the point that they will avoid currency devaluation, amidst the currency wars on the global stage, but this came on a very soft note. United States and China on the other hand are on the verge of stiffening themselves in this currency war, and it was Barack Obama who was not impressed by this.

Leaders from major economies have agreed that they will suspend any sort of currency devaluation and neutralize trade imbalances. On the other hand China and the US, will be playing an important role in undermining the global economy growth.

In a statement, all the major developing countries have agreed to artificially deflate their currencies, to monitor the growth of their respective economies. But this move has gained very soft response with US not agreeing at all. PM David Cameron feels that the summit has been a success, but major financial sectors are still speculative about it.

Prithiviraj Chavan will officially be sworn the next Chief Minister of Maharashtra, after the current CM, Ashok Chavan was roped by the Congress because of his alleged scandals. The announcement regarding Prithiviraj was made by Union Finance Minister, Mr. Pranab Mukherjee. Mr. Mukherjee stated “Congress president Sonia Gandhi has chosen Prithviraj Chavan as the Maharashtra Congress Legislature Party leader”.

The Maharashtra CLP on the other hand had authorized Mrs. Gandhi to chose the next CM for Maharashtra, and eventually Mr.Chavan was chosen. The swearing ceremony will be held on Thursday, as per the Raj Bhavan spokesperson. As per the sources, they said “Swearing in today is a remote possibility…If Chavan, accompanied by leader of the NCP Legislature party, meets Governor K Sankaranarayanan this evening, swearing-in may take place tomorrow”

Earlier on Wednesday morning, Mr. Chavan went to meet Mrs. Gandhi at her residence ‘Janpat’ in New Delhi. It has been said that the two will be discussing over the matters, and the current situation in the state of Maharashtra.

The Maharashtra CM, Ashok Chavan and Suresh Kalmadi have been roped by the Congress as the winter sessions begins in the country. They have fallen prey to the Congress government for the illegal and shameful scams that they committed and they are directly connected with them. Congress Chief, Mrs. Sonia Gandhi has personally asked for Chavan’s resignation, just before the Parliament session began.

Mr. Janardhan Dwivedi, General Secreatary of the Congress has stated that “Pending enquiry, his (Chavan’s) offer of resignation has been accepted. He has been asked to tender his resignation to Governor (K Sankaranarayanan)”. He has also asked for the resignation of the Suresh Kalmadi who was the main spotlight during the issues and allegations during the commonwealth games.

Earlier in October, Kalmadi was found guilty in the messy and poor preparations of the games, prior to the events. Later he was asked to resign from his post. Mr. Chavan on the other hand was asked to resign and this was quite embarrassing for his three relatives were having flats in the infamous Adrash Housing Society.

The US President Barack Obama, seems to have finally got his Hindi vocabulary right during his speech at the Parliament on the 8th Nov. It was an auspicious occasion for the India ministry as they witnessed the President personally speaking for his country and also for the betterment and greatness of India. When he concluded his speech, he narrated ‘Bahut Dhanyavad’ or ‘A lot of Thanks’ to the Indian hospitality that he had received in the nation during his three day visit.

During the speech session, he had mentioned India almost 61 times, which shows that his interest in the country is not only limited to his writings and comments. He also quoted about Mahatma Gandhi about 5 times and for a wonder he pronounced Gandhi in the correct way.

Unlike the previous US Presidents and other delegates he also pronounced the word Pakistan in the correct manner, and not ‘Pack-istan’ which always sounded very strange. He had received at least 25 rounds of applause during his 45 minute speech, which reflects that the Indian ministry did support his views and thoughts. And last but not the least, he said ‘Jai Hind’ at the conclusion, which triggered even more excitement among the people of India. What can now be said is that it was a very a successful visit by the first US Black President to India, and he shall be remembering this one for a long time.

US President Barack Obama has backed India to gain a permanent seat in the UN Security Council, on his recent visit to the nation. He has made this strong point as he and the United States considers India as a great power among the world’s top nations and that the nation needs to have a strong position in the UN.

At the Parliament he spoke saying “The just and sustainable international order that America seeks includes a United Nations that is efficient, effective, credible and legitimate, that is why I can say today — in the years ahead, I look forward to a reformed UN Security Council that includes India as a permanent member”

But he also advised India that with great power comes great responsibility and that important sanctions and resolutions will need to be passed as the country becomes a part of the Security Council. US National Security Adviser, Ben Rhodes, said that the US is looking at India as a great economic, strategic and democratic power for the future, for their intentions are very clear.

The Church attack on Sunday in Baghdad, Iraq, which killed some 57 people during the Church service has disheartened many Christians around the world, and especially the Pope. Pope Benedict XVI has clearly shown his sorrow over the Sunday church attack and has also spoken against all the Anti-Christian movements around the world.

The Pope made this statement when he was addressing the people who were gathered at the St. Peter’s Square, to hear his prayer on the occasion of All Saints Day. He expressed his sadness and especially the 57 people who have died during the attack, saying that he will specially pray for their souls.

The Pope stated that the attack was senseless and an act of cowardness, as they attacked a group of people who were defenseless and had gathered in the presence of God. He also added saying that the people who gather for the mass or other religious meetings should be under protection. He asked the world governments to take care of their religions and the places of worship, so that such anti socials dont keep targeting such places on a regular basis.

Russian spy Anna Chapman is on a new trend these days, as she has received the opportunity to pose for the cover page of the Russian edition of the Maxim magazine. Indeed she has struck lime light after she was caught in America and faced charges of espionage, as she was a part of spy ring arrested in the US. Even the US authorities had lauded her, as she was a beautiful woman who turned out to be a spy.

She was sent to Russia in a spy swap, and now she has a celebrity status there, and why not she is indeed a very beautiful woman. She has posed for the cover page of the Russian edition of the Maxim Magazine, where she stands giving the camera a James Bond 007 style pose.

She will not be stopping here, as she has also received proposals for 15 different shoots in Russia itself. When she was asked about her life as a spy in the US, she just avoided to speak over it, but rather spoke about creativity and something about men.

In the latest news of the France Strikes, it seems the Unions and Students will be continuing their protests against the Pension and Retirement reform plans kept forward by the Sarkozy government. What is assumed from here is that the strike may even continue into the next week, when the government passes the bill into a full fledged law.

According to the Unions, they are planning to hold these demonstrations for at least two more days, in hope to bend the government’s decision. The French government has put forward a bill that states, the retirement age of the people will be increased from 60 to 62 and the full pension plan will be applicable from 65 – 67.

On Thursday the government has asked the Senators to speed up their work, so that they could go ahead in passing this bill. On the other hand, the common man in France has been affected severely because these strikes, as proper fuel and other resources are falling short almost everywhere.

The France Strikes are likely to continue for a longer period, as the President of France, Nicolas Sarkozy is showing no signs of contempt towards the ongoing protests and rallies in the county which are staged against his plans to reform the pension and retirement age in the country. Rallies and protest are taking place almost everywhere in France and especially in Paris.

Normal life in the country is suffering, as transportation and energy resources are not plying to be enough for consumption and use. Fuel stations in the country have ran out of fuel, as oil depots and refineries have locked down their trade due to the ongoing strikes and their total support towards it. The senate has pushed the bill into the final stage, and a vote towards the bill could be done sometime on Thursday.

There is consistent clashes among the protesters and police during the strike, and it is reported that some 428 people have been arrested on Wednesday. Students, Unions, and Transporters have joined the strikes, which has literally crippled the country’s national progress. The total number of people who have joined the strikes has touched 3.5 million.

In the shadow of the Chechnya Parliament Attacks, Chechnya leader Ramzan Kadyrov has stated that London and Warsaw have a strong hand behind the Grozny attack on Wednesday. Kadyrov has named Akhmed Zakayev, as the main person who had planned out these attacks, but also added that the British and Polish authorities have been covering their prime suspect.

He spoke to media and sternly said, that, he really does not understand why does the British and Polish authorities have to harbor criminals against the westerns. If there was a chance, Russia could easily prove Akhmed Zakayev as a culprit and also his guilt. He also added that one day all these anti socials will be caught and be thrown behind bars.

Zakayev has been in the UK as a refugee after he had left Poland, a place where he had been sheltered for a long time. During the attacks three people have been killed and three of the attackers too were shot down. The authorities have found a firm witness to the incident, a taxi driver who had brought these men to the parliament. He stated that three men with automatic weapons, asked him to leave them to the parliament as they called themselves, bodyguards of one of the MP’s at the conference.