Mini Muffins

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Today the attorney general of New York sued Intel for anti trust behavior. Intel denies any wrong doing. Andrew Cuombo alleged that the Santa Clara company bullied computer manufacturers and paid them money to stop using X86 chips made by Advanced Micro Devices.

In a statement from Cuombo’s office, it states that the rebates made to firms like Dell, IBM and Hewlett Packard violates anti trust laws. It also alleges that vendors were threatened if they bought AMD chips rather than the microprocessors made by Intel.

Currently Intel is appealing against a fine levied by European Union and is also under investigation by a number of bodies including the Federal Trade Commission.

The UN has decided to temporarily relocate 600 of its international staff members in Afghanistan due to security concerns. More than half of the international staff will be shifted to more secure places inside and outside the country.

Five UN workers were killed last week by Taliban gunmen during an assault on international guesthouse in Kabul. Another soldier was killed on Thursday when militants attacked a NATO patrol. Meanwhile the British Prime Minister Gordon Brown has assured of his country’s commitment to the war in Afghanistan. Five British soldiers have been killed by an Afghan police officer on Tuesday. Violence has escalated in Afghanistan during the past year. There is deep concerns about the
Effects of the fraud-ridden presidential election on the already week government.

According to close associates of the Japanese auto makers Toyota Motor Corp, the big name has plans of quitting the Formula One motor racing. This could be a big set back to the world famous sport. Toyota is going to call a press conference in Japan today to announce it’s decision.

The decision follows the end of this year’s racing season this weekend. The exact reasons is not clear though. But it comes at a time when the company is struggling with losses due to sales collapse in the US. This decision will be a big blow to the global sport as recent months have also seen BMW, AG and Honda Motors too leave the sport.

Apple expected to post healthy profits in September 2009 quarter but it never expected to report a massive 47% growth in profits. Yes, Apple has reported a 1.67 billion dollars profits in the quarter under review on top of the 24% rise in sales.
The company saw a healthy growth in Apple computer sales and also a 7% rise in iPhone sales.

A fully loaded fuel tanker exploded in Nigeria yesterday and put nearby buses on fire. The buses were fully packed with people when the accident occurred and over 70 people are said to have died in the accident.
Nigeria has been losing lot of lives in the last few years due to militancy, and also hundreds of people lose lives every month by trying to break oil pipelines and pilfer the oil. Many such broken pipelines have caught fire and killed dozens of people in the last six months.

The trade deficit of US in the month of August 2009 has shrunk from 31.9 billion dollars to 30.7 billion dollars, due to unexpected surge in exports. Experts say that the billions of dollars being spent by various countries in Europe and Asia , have resulted in higher demand for US goods in these countries.
And the demand surge is expected to continue for few more months as most of these economies are still not out of the woods. The US Deficit as a result might continue to drop for some more months. Also US dollar is becoming stronger against most of the other currencies in the last few days, which might also influence exports favorably.

When we earn a good ransom of money , it becomes our duty to pay a stipulated amount as tax to the government for development purpose. There are many aspects that we need to consider while paying our taxes. One needs to pay the tax regularly in order to avoid any kind of problems. There are agents who can help us out in our tax repayment issues. This firm helps us to ease on our tax repayment and they provide a very helping hand. An article about this Tax agent was recently published in Yahoo news. Some of us may not have the stipulated tax amount to pay at one go. So we would like to pay in certain installments. Tax Attorneys help us out in negotiating with the tax authorities and help in getting a good deal for us. Some of us face the pressure and we fail to pay our taxes in time. The tax agents help us in paying our taxes on time and in keeping a track of our payrolls. They estimate the tax amount according to our pay scale and expenditures. If we fail to pay our taxes in time, we may be liable for a raid from the income tax department.