Saudi Arabia has agreed plans to move away from oil revenues

Flames from the Saudi Aramco oil installation in the desert east of the Saudi capital Riyadh on June 23 2008Image copyrightGetty Images
Image captionMost arrived in Saudi Arabia comes from oil
The Cabinet of Ministers approved the Saudi radical economic reforms aimed at the movement of the country from its dependence on oil revenues.

Just over 70% of revenues come from oil last year, but he was struck by falling prices.

One part of the plan will be shares sold by state-owned oil giant Aramco create a sovereign fund.

Announcing the reforms, Deputy Crown Prince Mohammed bin Salman described his country as being dependent on oil.

Saudis react to social media

Vision 2030 plan, he told the Saudi-owned Al-Arabiya news channel, will ensure "we can live without oil by 2020".

Among the reforms he has announced in an interview he was:

Shares in the amount of less than 5% of Aramco, the company he is worth up to $ 2.5tn (£ 1.7tn), will be sold
Some of the proceeds will go to the sovereign wealth fund in the amount of $ 2tn
The new visa system will allow expatriate Muslims and Arabs to work for a long time in Saudi Arabia
Steps will be taken to diversify the economy, including investments in mining and the expansion of military production
Participation of women in the labor force to increase
Even just to sell 1% of Aramco will create the largest initial public offering in history, the prince said, outpacing sales of blockbusters like Facebook and Alibaba.

The IMF urged the Saudi plan "ambitious, far-reaching efforts," but warned, the implementation will be a challenge.

Why Australia wants new submarines?

File photo Collins Class submarineImage copyrightGetty Images
Image captionThe new submarines will replace the aging fleet of Australia's Collins-class vessels
The government says that the existing fleet of Collins class submarine aging and needs replacement.

Strong ability submarine is seen as vital for an island nation such as Australia to conduct surveillance operations, counter the growing military power of countries such as China and support the Australian allies.

What submarines are DCNS will build?

Computer graphics of Shortfin Barracuda submarineImage copyrightDCNS Australia
Shortfin Barracuda is a 4,500-ton submarine and traditionally. It is closely related to the Barracuda nuclear-powered ship, which weighs 4,700 tons.

DCNS said full details are confidential, but the ship to know to be more than 90 meters in length and to show the improved pump-Jet Propulsion system, which should be quieter than propeller propulsion systems.

Mr Turnbull said the French proposal "represents an opportunity is best suited to meet the unique needs of Australia."

What were the other proposals

Japanese Patent Application, with a consortium led by Mitsubishi Heavy Industries Ltd, offered his version of the 4000-ton Soryu class submarine, to extend between 6-8m.

Mitsubishi stated that "deep regret that Japan's capabilities were not sufficiently conveyed."

The German application is powered by TKMS, proposed version of the current 4,000-ton 2,000 ton Type 214 class submarine.

France wins contract submarine Australia $ 50 billion

Artists impression of the submarine Shortfin Barracuda and dolphinImage Australia copyrightDCNS
France won the A $ 50 billion contract (€ 34 billion £ 27 billion) to build 12 submarines for the Royal Australian Navy, beating bids from Japan and Germany.

The deal, Prime Minister Malcolm Turnbull, is the largest contract in the history of Australia's defense.

Submarines Shortfin Barracuda will be built in Adelaide with the Australian steel, creating 2,800 jobs, he said.

Japan, which has been a leader in the competition, said the decision was "deep regret."

Defense Minister Gen. Nakatani said Japan will "ask Australia to explain why they have chosen our project."

Mr Turnbull said the decision, the result of the bidding process of 15 months, were "securing the future of naval fleet in Australia for a decade."

"Australian workers will build submarines with Australian Australian steel."

Global risks disappear

The central bank has been less focus on the global financial risks for the US economy.

The slowdown in China's economy and the drop in oil prices weighed on the last Fed decision, but it was equally important at this time.

Its latest update omitted a line "global economic and financial developments continued to pose a threat", which was included in a statement in March.

"Inaction on the global prevention of risks leaves the door open to raise interest rates in June, but if the Fed goes through will depend on what happens in the financial markets over the next six weeks," said Paul Ashworth of Capital Economics.

Janet YellenImage copyrightGetty Images


In a statement, the Fed said low oil prices and poor export at the beginning of the year contributed to the weak inflation.

In addition, while the housing sector continues to strengthen, the Fed said, business investment and exports remain "soft".

Federal Reserve Chairman Janet Yellen constantly calls for the gradual adjustment of interest rates.

But she always believed that the Fed should consider new information as it becomes available, and stressed that the Fed could raise rates at any of its future meetings.

Most economists expect only two rate hikes in 2016. The next chance of the bank will raise rates when it meets in June.

Esther George, president of the Kansas City Fed, voted against the decision to keep rates unchanged.

Ms. George said in February that the interest rates should rise, because the US economy was in the "general good position," despite the significant fluctuations in the equity markets.

US Fed keeps interest rates on hold

Federal ReserveImage copyrightGetty Images
The US Federal Reserve has kept interest rates ranging from 0.25% to 0.5%, the level it has held since December.

The Fed said, while conditions have improved, the central bank still expects inflation to reach 2%.

In a statement, the Fed said it will "closely monitor the actual and expected progress towards its inflation target," as he weighed when the next raise rates.

Most investors expect rates to remain on hold, and were looking for changes in the assessment of the economy by the Federal Reserve System.

In its statement accompanying today's decision, the Committee on the Federal Open Market pointed to the strengthening of the labor market and improvement of public spending as positive signs.

"Labour market conditions have improved even further growth of economic activity appears to have slowed," said the Fed.

The unemployment rate has fallen below 5% in Januar

Obama: "tax evasion is a big global problem"

President Obama warned, "tax evasion is a big global problem", and called on Congress to take action to eliminate tax loopholes.

"A lot of this is legal, but it is a problem," he said.

His comments come a day after the US Treasury announced new plans to prevent tax avoidance transactions, known as inversions.

Inversion associated American company merger with the company in a country with a lower tax rate and are becoming increasingly popular.

"These companies get all the rewards to be an American company, is not fulfilling its obligation to pay their fair share of taxes," Obama said.

The President called inversions "insidious loophole", and said that the company that made it was "game" the system.

The Ministry of Finance has taken measures to prevent the double inversions. His latest move focuses on the practice known as stripping income where the company uses internal loans to move money out of the United States in its foreign operations.

Inversion deals

Inversion of the transaction are not new but have gained more public attention in recent years.
Allergan shares fell 16% after the Treasury announcement, as investors feared that the new rules will lead Pfizer to drop $ 160 billion inversion contract with the Irish-based firm.

In accordance with the terms of the deal Pfizer will buy Allergan - Dublin- based on Botox maker- and move its headquarters to Ireland, where the corporate tax rate is 12.5%.

The corporate tax rate in the US is more than 30%.

In 2014, in another recent deal inversion, Burger King bought the Canadian coffee and donut chain Tim Horton.

Joint Group moved its headquarters in Ontario, Canada, where the corporate tax rate is 26.5%.
Over the weekend a massive leak of data in a Panamanian law firm identified a number of world leaders, as well as authorized by the corporation, using offshore accounts to hide money and avoid taxes.

Memory (RAM, ROM)

          The computer memory can be category two type it is RAM and ROM RAM is random access memory ROM is Read only memory and RAM is volatile and ROM is Non-volatile memory RAM or volatile memory loses its data wan the power off but ROM or non- volatile memory are not loses its memory wan the power off. The both RAM and ROM are measured in MB or GB and TB that not only that RAMs are faster than the ROMs 

RAM Types

·         DRAM (Dynamic Random Access Memory)

o DDR, DDR2, DDR3

·         Static Random Access Memory (SRAM)

ROM Types

·         Programmable read-only memory (PROM)

·         Flash Memory

Graphic card

Graphic card we is video card it contrail collate of video output when we playing games in your computer you need to set high pofomen Graphic card that Graphic card have several categories it is 

o        MCA

o        VLB

o        PCI

o        AGP

o        PCI-X

o        PCI Express

              And this Graphic card come with mother board but all mother board haven’t come this parts and we can accessible new high speed Graphic card this graphic cards and it have 2D and 3D graphics and  when that Graphic card have several capacities market it is

o 64 MB

o 128 MB

o 256 MB

o 512 MB

o 1 GB

o 2GB