1. In a sharply polarized world, where dire poverty and extreme wealth co-exist, the gulf between the rich and the poor is steadily growing.

1. Expanding global markets and the ethics of globalisation which link countries in an iniquitous economic order have contributed significantly to this.
2. Globalisation is creating new inequalities and as the Report points out, it is poor people in poor countries who bear the cost of unequal consumption.
3. Well over a billion people are deprived of basic consumption needs including water, sanitation, health care and basic education.
4. Last year’s Human Development Report (HRD) showed that globally, 20 percent of the world’s people in the highest income countries account for 86 percent of total private consumption expenditure.

6. More worrying, the HDR 1998 found that the definition of what constitutes a ‘necessity’ is changing with lines blurring between luxuries and necessities.

1. Centuries of foreign rule had demoralized the local Sikh communities of Chandigarh.

1. The onslaught of Islam and the caste system was at it peak under the rule of Aurangazeb whose main attempt was to convert the people into Islam.
2. Guru GobindRai, prepared himself to take up the responsibility of the Sikh panth and the cause of the oppressed, the tyranny of the autocratic state.
3. They were intimidated by growing popularity of the Guru – especially because the lower classes suffering from the atrocities of the caste system were becoming part of the Sikh community.
4. As soon as he began to reorganize his army, trouble arose from the local Hindu Rajput chiefs.

6. In 1688, the Guru was victorious in a battle against these chiefs and fortified his headquarters.

1. Thirteen hundred years ago there was a great traveler from China to India in search of wisdom and knowledge.

1. And he journeyed all over India and studied the people that lived in this great country in those far off days.
2. His name was Hiuen Tsang and over the deserts and mountains of the north he came, braving many dangers, facing and overcoming many obstacles, so great was his thirst for knowledge.
3. Hiuen Tsang became very learned himself and he was given the title of ‘Master of the Law’.
4. And he spent many years in India, learning himself and teaching others, especially at the great University of Nalanda.

6. Later, he wrote a book of his travels and it is this book, which contains the story of a ‘very wise man’.

1. The Internet is a means of communication, different in scope from other means.

1. A conference on the governance of the Internet has taken place in Wolfsan College organized by John Naughtion, an expert on the Internet.
2. It had introduced new methods of doing business to the point that the economy has been turned upside down by the digital revolution.
3. Victor Keegan, editor of the Guardian in his keynote address, raised the fundamental nature of the effects of the internet.
4. The future collection of taxes, suggested, was at the heart of the question of international governance of the net.

6. Other speakers also emphasized the fundamental nature of the changes introduced by the internet.

1. The reality of global competition today is that few companies possess all of the competitive advantages that would enable them to be successful internationally.

1. Therefore prospects for future growth are increasingly seen as being disproportionate in developing parts of the world, and not in the developed nations.
2. But, for a variety of reasons, doing business in developing countries is viewed as being considerably riskier, to be approached with much more caution.
3. To meet these challenges, managements are attempting to position their firms to become more competitive.
4. At the same time, developing country markets are becoming much more open to international competition, providing both opportunities and dangers for domestic companies.

6. Thus, from the perspectives of both industrial and developing country companies, the evolving global market calls for change from past competitive practices.