Google street view images in the Google Maps would tell where your car is parked and also would give the complete dimension of your house or your friend’s house. That is truly a intrusion into one’s private affairs and could lead many people into personal problem with their spouses , feels the UK government.
So the UK government has asked Google to store only six months of the data in their systems and also ensure that one Google manager is appointed in each European country to address all related issues, raised by the authorities at any point of time. European economy has been going through a rough patch and may be they can use this issue to reduce focus on glaring economic issues.

Twitter users have been having wonderful time every day till two weeks back, when a phishing attack. Users were shown an unknown file “LOL attacks” which went on to damage once the user clicked on it for opening the file.
Within few days, Twitter has once again been hit by another phishing attack.
Users are now warned not to try opening the file “This you ???” as it is proven to be madly damaging. Twitter engineers are working over night to resolve the issue, and also improve the control systems for averting such phishing attacks in the future.

The world’s s first nuclear fusion plan is under the construction by the British scientists. The nuclear fusion plant has the power to pour electricity to the national grid. The sun which produces energy has the heart of nuclear fusion. Nuclear fusion offers us a power which is carbon free, safe minimum radioactive waste and clean also.

The technical problems behind the nuclear fusion are insurmountable since decades. The research council of UK informed this report last week. The obstacles of nuclear fusion can be overcome as the British government is cooperative. A 20 years research is necessary for plan and construction and by 2030 our nuclear fusion plant will be ready.

The project is called Hiper project, the site seen for the project is Did cot in oxford shire. The future global energy system will be produced by the potential of nuclear fusion. Around 192 giant lasers are already being installed and a generation of 500 trillion watts can be done. The researcher’s also said the whole world is waiting for the result of the nuclear fusion plant.

Online Video streaming business is all set for a major makeover, with Walmart buying out VUDU last week. The deal would help Walmart to bring in major changes in the way online video streaming business is done, as it has the money and other resources needed for it.
VUDU is a company that rents on-demand movies and TV shows through the internet. So expect more fireworks in the online video streaming domain in the near future.

Facebook is among the most popular social networking sites, with over 300 million users across the globe. And good part of these users were in for a great shock since Saturday morning, when they were unable to upload photographs / connect to friends.
The problem was more pronounced in United States, United Kingdom and Mexico. Facebook faced a major technical problem in one of their main servers that lead to this problem. As per latest reports, the problem has been fixed by Facebook technical team, and backup measures have already been taken to avoid recurrence in future.
This could well mean a great opportunity for other social networking sites to upgrade their systems and grab more customers from Facebook.

Tiger woods was at the peak of his performance till 2008 and even 2009 beginning. And he was the brand ambassador for many global brands including IBM. And by the middle of 2009 the media was full of news about his private affairs which was enough to tarnish his image.
And within few weeks, all the companies canceled their brand promotion agreement with Tiger Woods and he was unable to face the public. After thorough rehabilitation, he has now come out in public and sought apologies to his Friends, Family and millions of Fans across the world.
We know that he has lost the peace of mind he was enjoying till the ugly private life became public, and we only hope that the master class Golf player is able to gain back his class on the game sooner.

China is the most promising market for every company, in every sector, across the world. The prominent car makers from US and Europe, and also the leading engineering companies from the developed world are getting their growth primarily from China.
For many of the global multinational companies, China has been helping in making up their losses in the developed world. Yes, China is now the first or second or third largest in most of the segments. They are the fastest growing and among the top five markets for Mobile phones, cars, automobiles, engineering services, electronics, clothing , leather products etc.,
Even Microsoft is adapting to the Chinese government needs, and staying as a major player in China. The same can be expected from Google in the coming months, as it would not be prudent to leave a growing major market.

The US FED all of a sudden raised the bank discount rate by 25 basis points few days back. And that was a clear indication that the US FED will start raising the interest rates anytime. That is also a clear indication that the US FED is seeing brighter and steady recovery in the US economy over the coming months.
The action was enough to push all the foreign currencies to gain against the US dollar as there could be winding up of the low cost funds out of these markets in the coming months. Slow increase in the imports also augurs well for the US economy, as it would help in cutting down unwanted exports and look for more internal sourcing by the US customers and corporates.
Since the banking system is still flush with funds, people may still get housing loans around the 5% rate for some more time to come.

China is really worried at the speculative rise in the real estate prices across the nation in the last one year. The prices are over 50% higher in most of the cities due to availability of cheap bank financing since the beginning of this year.

Also China spend over 500 billion US dollars towards infrastructure in the last one and a half year, which increased the domestic demand levels. The Chinese banks raised up the new loan issuance by over 52% in the year 2009 which may turn into an uncontrollable asset bubble in the coming months / years. So the Chinese government has got into the act and cut down on further loan growth. We can only expect China to keep raising interest rates in the coming months also, if loan growth do not subside to respectable levels.

China has been helping out Japan, South Korea and even US in the last few quarters by importing more from those countries. And any drop in Chinese demand could well pull down the exports of their ailing countries, which they would not wish anyway.

In fact the economic recovery in Japan in the last quarter of 2009 has been due to surge in exports to China which may now come under pressure. US also might see a cut on their export oriented sector if China consciously cuts down imports in the coming months.

Crude oil prices always reflect the global economic scenario and in the last few weeks the prices have zoomed from below 69 dollars to around 75 dollars last week. The spike up in the crude oil prices have been primarily due to more than expected drop in US unemployment ratio, apart from higher consumer spending data. Also reports of some short term solution to the Greece debt issue, lead to increase in the crude oil prices.

Over the coming few months, we can safely expect crude oil prices to remain in the 65 dollars to 80 dollars band. A big US recovery coupled with some stability in Europe only can take the crude oil prices beyond 80 dollars, say analysts.

And China has slowly and steadily been becoming a major crude oil consuming nation not far behind Japan and Germany. And China has been hinting at slowing down the aggressive economic expansion through monetary measures in the coming months. That could in fact be a dampener for crude oil prices right through 2010.

If there is a recession in Europe due to the PIGS crisis this year, then that could also pull down the crude oil prices over the long term.