Somali Pirates plants to Blow the Ship Oil for $ 20 million

Nairobi  Somali pirates on Wednesday threatened to blow up a ship hijacked the majors unless the ransom was paid $ 20 million, and hijack a Panamanian-flagged merchant ship. South Korea sent a destroyer to ambush dream Samho carrying two million barrels of crude oil with a crew that includes five South Koreans and 19 citizens of the Philippines, after the ship was seized this month.

“We are demanding $ 20 million ransom for the release of South Korean ship,” said Hashi, leader of the pirates that controlled the ship was owned by a Singapore company. “The ship and its crew safe. We know that a number of warships to attack plan, but told them that the ship will be detonated if they attack us,” said the pirate nest in Hobyo.

Meanwhile, Andrew Mwangura, officials of the East African Seafarers Assistance Programme based in Kenya, said the Panamanian-flagged vessel MV VOC controlled pirate Daisy at dawn at the site some 190 kilometers southeast of the port Salalah in Oman. The ship was manned by 21 Filipinos.

He said the big ship sailing from the United Arab Emirates to a port that is not mentioned on the Suez Canal when it was hijacked. It is unclear what brought the ship of goods.

EU naval patrols in the area confirmed the hijacking of ships weighing 47,183 tons of it in the news site. Three hijacked Thai fishing vessel at the weekend and a series of failed attacks launched since then.

Pirates operating off the coast of Somalia to increase piracy attacks on ships in the Indian Ocean and Gulf of Aden in recent months despite a foreign navy held off the coast of the Horn of Africa . The waters off the coast of Somalia is home to most piracy-prone world, and the International Maritime Bureau reporting 24 attacks in the region between April and June 2008 alone.

The pirates attacked more than 130 merchant ships in that year, an increase of more than 200 percent of the attacks in 2007, according to the International Maritime Bureau. Pirate groups in Somalia, which operates in a strategic sea lane that connects Asia and Europe, making millions of dollars in ransoms from hijacking ships in the Indian Ocean and the Gulf of Aden.

Multinational naval patrols in the strategic sea route connecting Europe with Asia through the Gulf of Aden availability appears that only the bands of pirates operating expand their attacks deeper into the Indian Ocean.

Pirate the failed Horn of Africa country is currently holding a dozen ships and over 200 crew, including British couples ship hijacked off the Seychelles. Security Council has approved the operation of incursions into Somali territorial waters to fight piracy, but warships patrolling the area did not do much, according to Puntland Fisheries Minister Ahmed Saed Ali Nur.

the weak Somali transitional government, currently battling a bloody insurgency, is not able to stop the action of the pirates who hijack ships and demand ransom for the release of vessels and their crews. Pirates armed with rocket-propelled grenades and automatic rifles, using speedboats to pursue their goal. Submerged Somalia since the lifting of energy and anarchism war commanders overthrew dictator Mohamed Siad Barre in 1991. In addition to piracy, kidnappings and deadly violence have also affected the country.( Reuters)

SINGAPORE Oil prices rose above $85 a barrel Monday in Asia

SINGAPORE Oil prices rose above $85 a barrel Monday in Asia after a massive loan offer to Greece by European countries helped weaken the dollar, making crude cheaper for investors holding euros.Benchmark crude for May delivery was up 50 cents to $85.42 a barrel at midday Singapore time in electronic trading on the New York Mercantile Exchange. The contract lost 47 cents to settle at $84.92 on Friday.The finance ministers of the 15 eurozone nations agreed Sunday to offer euro 30 billion ($40 billion) in loans to Greece this year if Athens asks for the money.

The promise – filling in details of a March 25 pledge of joint eurozone-IMF help – was another attempt to calm markets that have been selling off Greek bonds in recent days.The euro rose to $1.3657 on Monday from $1.3322 on Friday while the dollar fell slightly to 93.10 yen.

Oil was down the previous three days on investor concern that slowly recovering U.S. crude demand doesn’t justify further gains. Crude jumped 25 percent to above $87 last week from $69 in early February.”If oil markets continue to take cues from supply and demand – in preference to the dollar, equities or economic data – we cannot paint a picture that includes higher prices,” Cameron Hanover said in a report.

In other Nymex trading in May contracts, heating oil added 1.17 cents to $2.2377 a gallon, and gasoline gained 1.17 cents to $2.3010 a gallon. Natural gas rose 3.0 cents to $4.100 per 1,000 cubic feet.In London, Brent crude was up 64 cents at $85.47 on the ICE futures exchange.(AP)

arthquake measuring 6.4 on the Richter Scale struck the region north of the Andaman Islands of India

Singapore  – An earthquake measuring 6.4 on the Richter Scale struck the region north of the Andaman Islands of India, Tuesday, but no reports of damage.An earthquake initially estimated at magnitude 6.9 on the Richter Scale occurred 137 miles north of Port Blair, the territory has ever hit by massive tsunami in 2004.

California Integrated Seismic Network United States (U.S.) said the quake occurred at a depth of 28.6 miles was not triggered a tsunami.Andaman India participate sensed tsunami impact terrible destroying partly Province territory Nangroe Aceh Darussalam (NAD) and Nias, Sumut, on December 26 2004.sunami 2004 which reportedly killed about 230 thousand people in eight countries was triggered by an earthquake measuring more than nine on the Richter Scale.( Reuters)

Fujitsu Primergy CX1000

THE cloud computing becomes mandatory requirement for companies that significant data growth. However, producers still rare server that offers device supporting high-performance, but low cost. Answering this market niche, offering the Fujitsu server to a cloud computing environment, Primergy Cloud extension (CX1000). This product offers a level of balance between performance and the optimal price, change the design, operational and economic calculations on the data center. Primergy CX1000 has claimed the highest level of scalability making it ideal for cloud computing environments.

“The server optimizes the operational cost component driving power, heat, and space, so a new milestone economic standard data center,” said Nuraini Kurnia, Regional Marketing Manager Marketing of PT Fujitsu Indonesia, recently.

According to a beautiful woman who was familiarly called Nia, Primergy design since the early CX1000 is designed to be able to provide computing power as possible per square meter, with the lowest possible price. Server, he said, to accommodate up to 38 server nodes in a rack so that the savings achieved at least 20 percent in the case and cooling costs compared to standard rack configuration.

“CX Primergy servers are a new class of complete line of Fujitsu x86: Primergy blade model (BX), Rack (RX), and the tower (TX). Along with PRIMERGY CX1000, Fujitsu introduced a new architecture, Best-Central, which could save the use of the room to eliminate hot aisle in a data center.

Hot aisle is the space behind the shelves where the hot air exhaust from the back of the server.

“CX1000 has his own hot flue channel hot air from the top shelf standard sizes. Without hot aisle, shelves can be arranged Primergy CX1000 backs to each other so that saves space by 40 percent,” said Nia.
Fujitsu is a revolutionary approach that leads to a reduction in carbon consumption central data.Fujitsu Group itself was incorporated in the Green ICT initiatives, the Green Policy Innovation which aims to help customers meet environmental commitments.

Meanwhile, the design ethos that brought back to basics in line with redundant system supports the needs, as well as components that can be dismantled without turning off the system pairs (hot pluggable). In a massive application and environment management systems tervisualisasi, service on the server that failed could be transferred to another server with the help of software. Built with standard components, simple design concepts to the CX1000 can Primergy servers to replace the individual nodes that the system failure occurred, and replace the failed components offline. Addition and subtraction nodes can be done quickly because the infrastructure is divided on Primergy CX1000.

“The need for cloud computing a trap for the operator of data centers into a vicious cycle between performance and cost,” said Head Regional Business Platform Fujitsu Motohiko Uno.

“Today is a vicious cycle that can be defeated by a balance between price and performance. CX1000 introduced the Primergy boundary solution scalability limitations, especially in the cloud computing environment,” he said.

Primergy systems using new generation CX1000 process Xeon 5600 series is capable of providing power terbesar.Director process Cloud Computing Marketing of Intel Corporation Raejeanne Skillern said, “Intel and Fujitsu already has a history of successful long partnership to provide a valuable combination of Intel-based Primergy servers. With the launch of Intel’s latest Xeon 5600 (code name Westmere-EP), welcomed the arrival of Intel’s new generation of servers from Fujitsu Primergy product line, “he said.

Further said, Primergy CX1000 available in Indonesia, Singapore, Malaysia, Thailand, the Philippines, and Vietnam from the end of March 2010.

SINGAPORE Oil prices hovered above $78 a barrel Friday in Asia amid mixed signals about global crude demand

SINGAPORE Oil prices hovered above $78 a barrel Friday in Asia amid mixed signals about global crude demand.Benchmark crude for April delivery was up 16 cents to $78.33 a barrel at midday Singapore time in electronic trading on the New York Mercantile Exchange. The contract fell $1.83 to settle at $78.17.

Oil prices have bobbed between $70 and $80 for most of the last six months as investors mull growing crude demand in developing countries such as China offset by flagging consumption in developed countries.Even a cold winter in the U.S. has failed to boost demand for heating oil.”The absence of any sustained seasonal draw in heating oil inventories is still striking,” Barclays Capital said in a report. “The inventory overhang remains stubbornly high.””We continue to expect strong demand growth from China in 2010.”

Crude prices were bolstered by a weaker U.S. dollar, as dollar-based commodities such as oil become cheaper for investors with other currencies when the dollar falls. The euro rose to $1.3585 on Friday from $1.3547 the previous day.In other Nymex trading in March contracts, heating oil fell 0.37 cent to $1.9825 a gallon, while gasoline rose 0.87 cent to $2.0457 a gallon. Natural gas prices gained 4.8 cents to $4.815 per 1,000 cubic feet.In London, Brent crude was up 10 cents at $76.39 on the ICE futures exchange.(AP)

World markets fell Friday after the U.S. Federal Reserve unexpectedly raised interest rates for emergency bank loans

LONDON  World markets fell Friday after the U.S. Federal Reserve unexpectedly raised interest rates for emergency bank loans, triggering fears that regular borrowing costs could also move higher soon, slowing the recovery in the world’s largest economy.The central bank said Thursday it will bump up the “discount” lending rate by one-quarter point to 0.75 percent effective Friday, part of a pullback of the extraordinary aid it provided to fight the financial crisis.Although the Fed said the step should not be seen as a signal that it will soon boost interest rates for consumers and businesses, markets were spooked.After sharp drops in Asia, Germany’s DAX stock index was down 0.2 percent at 5,671.28 and Britain’s FTSE 100 was flat at 5,326.84. France’s CAC-40 fell 0.2 percent to 3,742.09.Wall Street was also expected to fall on the open. Dow Jones industrials futures were down 50 points at 10,325.00 and Standard & Poor’s 500 futures were 8.2 points lower at 1,097.40.

Growing optimism about the strength of the U.S. economy had helped boost the Dow Jones industrial average rise by 3 percent over the past three days. But the surprise Fed announcement after Wall Street trading closed left traders wondering whether the so-called “exit strategy” from a loose monetary policy could come faster than expected and stifle U.S. consumer demand.”It begs the questions of why this was not done, or at least signaled at a regular Federal Open Market Committee meeting,” said Marc Ostwald, strategist at Monument Securities in London.”It certainly is the case that the Fed wants to see how money markets function without so much of the liquidity life support that the Fed has been providing, and as such one can term this a form of ‘kite flying’,” said Ostwald.The Fed move, which doesn’t change consumer borrowing rates, also helped boost the U.S. dollar and push the euro below nine-month lows – a sign traders may be turning away from higher-risk investments, analysts said.The euro fell to $1.3504 from $1.3529 late Thursday after trading at nine-month lows below $1.3400. After rising against the Japanese yen, the dollar was flat at 91.75 yen.

The euro has been under pressure in recent months over worries about the debt problems of Greece and other countries in Europe, such as Portugal and Spain. Although the EU said it was committed to helping Greece in case of a default, it did not provide any concrete plans for a bailout but limited itself to demand more spending cuts.Economic data in Europe, meanwhile, failed to shore up investor sentiment. The purchasing managers’ survey of the eurozone, an economic indicator published by Markit research group, was stable in February, suggesting the recovery from recession has stagnated somewhat.A rise in the manufacturing reading offset a drop in the services sector, providing “little hope that the much-needed domestic recovery is beginning to materialize,” said Ben May, European economist at Capital Economics in London.Markets in China and Taiwan are closed this week for the Lunar New Year holiday.Earlier in Asia, Hong Kong’s Hang Seng stock index led decliners, diving 528.13, or 2.6 percent, to 19,894.02 while Japan’s Nikkei 225 stock average dropped 212.11, or 2.1 percent, to 10,123.58.”As the dollar strengthens, we see less appetite for riskier assets such as Asian stocks.” said Jit Soon Lim, head of equity research for Southeast Asia for Nomura in Singapore. “We’re bullish on the region’s economic growth, but bearish on risk.”

South Korea’s Kospi declined 27.29, or 1.7 percent, to 1,593.90. India fell 1 percent and Indonesia dropped 0.5 percent.Singapore’s stock measure retreated 0.9 percent despite an increase of the government’s 2010 economic growth forecast to between 4.5 percent and 6.5 percent from 3 percent to 5 percent.In the U.S. on Thursday, the Dow rose 83.66, or 0.8 percent, to 10,392.90 while the broader Standard & Poor’s 500 index rose 7.24, or 0.7 percent, to 1,106.75. The Nasdaq composite index rose 15.42, or 0.7 percent, to 2,241.71, its fifth straight advance.Oil prices slid to near $78 a barrel after the Fed’s rate hike sent the U.S. dollar higher.Benchmark crude for March delivery was down 90 cents at $78.16 in electronic trading on the New York Mercantile Exchange. The contract added $1.73 to settle at $79.06 on Thursday.(AP)

Tech blog, Singapore startup feud by tablet PC

Fujitsu P1610 tablet

About 18 months ago, a technology blogger got fed up with the industry and forged an alliance with a start up to make his dream computer. It almost worked.The touch-screen “tablet” device will be available for pre-order Saturday – from the start up. The blogger is out of the picture, back to producing posts rather than PCs.But this is Michael Arrington, the often caustic front man of the Tech Crunch blog, and he’s determined not to let the story end there. He filed suit in federal court on Thursday, saying the $500 JooJoo tablet is the fruit of his Crunch Pad project.

For its part, start up Fusion Garage says Arrington’s contribution was minimal, and he didn’t manage to fulfill his commitments to the project. Tired of waiting for him to come through, the start up went ahead on its own.
The story begins in July 2008, when Arrington, one of Silicon Valley’s best-connected bloggers, posted a manifesto on Tech Crunch.”I’m tired of waiting – I want a dead simple and dirt cheap touch screen Web tablet to surf the Web,” wrote Arrington, calling for collaborators to step forward.

The post caught the attention of Chandrasekhar Rathakrishnan, the young founder of Fusion Garage, which had been working for a few months on software that might power such a tablet. Like Arrington, Rathakrishnan envisioned a system that was based on a Web browser rather than a desktop operating system such as Windows. That would allow the tablet to start up quickly and would keep hardware requirements – and thus costs – down.

In September 2008, Rathakrishnan tracked Arrington down after a conference. Arrington agreed that Fusion Garage’s software might solve part of his tablet puzzle, and said he’d want to acquire Fusion Garage. Arrington said they settled on Fusion Garage owning 35 percent of a joint Crunch Pad venture.

“I thought that was exciting. Here we had the guy who had a blog with a lot of reach, suggesting we’re something exciting,” said Rathakrishnan, now 29 years old. “I know how hard building hardware is, how much money you need for that. Having Arrington by our side (would) help us get there faster.”

Between September 2008 and February 2009, the new partners worked on a prototype designed by Crunch Pad’s small team and a circle of consultants, running Fusion Garage’s software.

From here, the stories diverge and the partnership of two scrappy entrepreneurs sours.

Rathakrishnan said in an interview that looking at the February CrunchPad prototype made him think twice about the project.

“It looks like a tablet built in 2000. It is huge, it doesn’t look like it could go to market,” he said. “That’s when we realized this is not going to go where he thought it would go.”

Rathakrishnan said Fusion Garage went back to the drawing board and designed a new prototype with a better touch screen and new software, and brought it to Arrington in April.

By Arrington’s account, for the next three months Rathakrishnan worked out of TechCrunch’s office. Arrington said his team was working on the hardware, talking to potential suppliers, and working directly with Rathakrishnan’s team on the software and user interface. There was no formal contract in place, despite Arrington’s past career as a lawyer, but he was comfortable with the arrangements worked out verbally and over e-mail.

“Did his team do most of the work? Sure. But we were paying a lot of the bills,” Arrington said, estimating Crunch Pad spent between $300,000 and $400,000 for parts and to help build prototypes.

Crunch Pad employees also went to Singapore and Taiwan to work with Fusion Garage and the manufacturers working on the tablet, Arrington said.Arrington had also been in touch with Ron Conway, a seasoned angel investor in the valley who made early bets on companies like Google, Facebook and Twitter.

In an interview, Conway said he put together a small group of investors ready to raise $1 million to $2 million to be used for the first manufacturing run of the CrunchPad. He said was on call all summer, just waiting for Arrington to say the product was ready to go.

Rathakrishnan remembers these months much differently. He said Crunch Pad’s team didn’t contribute a line of code or a dollar of funding. There was never agreement on the terms of an acquisition. Rathakrishnan said he was bewildered that neither the funding nor the buyout deal Arrington promised were materializing, and so he and Fusion Garage were the ones out raising money and finding manufacturing partners.

In late November, the tablet computer was almost ready to make its debut when the project dramatically imploded. It’s impossible to say now what, exactly, went down between the two sides, but Arrington wrote in a Nov. 30 post on TechCrunch that Fusion Garage and its investors had suddenly decided to dump the Crunch Pad team and sell the product on their own, even though Arrington believed neither side owned rights to the product.

Rathakrishnan gave a live press conference by Web video Monday to refute Arrington’s version of the story and to introduce the JooJoo.

Since then, he’s taken the device on a whirlwind tour to show it off to gadget bloggers and technology journalists. The 12.1-inch tablet-style computer boots up into a screen of shortcuts to popular Web services like Facebook and Twitter, boasts a 5-hour battery life and faithfully plays back high-definition video.The device is reminiscent of a giant iPod Touch – something Apple Inc. itself is rumored to be working on.

While Rathakrishnan was showing off the JooJoo, Arrington’s lawyers filed suit in U.S. District Court for the Northern District of California to keep Fusion Garage from ever selling it. Arrington says he doesn’t think Fusion Garage has enough money to build the device; Rathakrishnan said he’s on the verge of closing a round of funding not just for the JooJoo, but for follow-up devices.

The drama has cast a pall over what Rathakrishnan had hoped would be a successful launch. But the relationship with the blog, particularly now that it’s turned into a high-tech divorce case, has generated far more buzz than Fusion Garage could have hoped for had it tried to build and launch such a gadget on its own.