Sunday, October 21, 2007

When was the Battle of Los Angeles?

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The Battle of Los Angeles took place during the night of February 24/25, 1942 in Los Angeles, California. The battle involved heavy firing of anti-aircraft shells by the US forces aimed at several mysterious flying objects reportedly sighted in the sky over Los Angeles. These objects were thought to be Japanese military aircraft. However, even till today, their identity has not convincingly established. Even though six civilians lost their lives in the bombardment, there was no evidence that the firing destroyed any flying object. The firing was preceded by a blackout and sounding of air raid sirens. Now, many believe that the battle was the result of a false alarm, triggered by weather balloons, or Japanese blimps. Some even think the source of the alarm could be a flying object of extraterrestrial origin

When and where was the first newspaper published?

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Acta Diurna’ was the first newspaper published in Rome, around 59 BC. In 1605, the first printed weekly newspaper to be published in Antwerp was called Relation. Johann Carolus (1575-1634) was the publisher of the Relation aller Furnemmen und gedenckwurdigen Historien (Collection of all Distinguished and Commemorable News). The `Relation’ is recognised by the World Association of Newspapers, as well as many authors, as the world’s first newspaper. The German Relation was published in Strasbourg, which had the status of an imperial free city in the holy Roman empire of the German nation.

What is securitisation?

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Securitisation is the process through which existing assets or future cash flows are converted into marketable securities. Those assets or cash flows are, inherently, not marketable. There are two types of securitisation — assetbacked securitisation and futureflows securitisation. Some of the assets that can be securitised are loans and future cash flows like credit card payments, car rentals or any other form of future receivables. Securitisation is common in the US and Europe, but in India it is in a nascent stage.

Will creating two time zones for India save energy?

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There is no statistical evidence of two time zones being economically beneficial other than restoring a sense of normalcy to the area that follows its local meridian time zone. India geographically extends from 68 degrees East to 97 degrees East (29 degrees) from Gujarat to the Andaman & Nicobar Islands, thereby encompassing two time zones. However, it has adopted the Allahabad meridian of 72 degrees, which makes it convenient for the railways, airlines and media. This leads to weird experiences for travelers from Central India who visit the North-Eastern states which receive daylight before 5 am. This entails an extra cost to the economy in terms of industrial and office lighting spent in these regions, since daybreak here doesn’t coincide with the rest of the country. Also, there tends to be more traffic when it is dark.

What is interplanetary internet?

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If the internet allowed users to get information from any corner of the world, then the interplanetary internet will allow users to access information and even control experiments taking place far away from Earth. Vinton Cerf, considered the founding father of the internet and a co-creator of the interplanetary internet, is currently working on standards to guide internet communications in the space era.

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Thursday, August 2, 2007

123Network brings to you the LARGEST gallery of PARIS HILTON

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