Reality beyond your imagination

France will go ahead with a controversial project to build a 60th next-generation nuclear reactor, President Nicolas Sarkozy said on Friday, as he stepped into a heated pre-election debate over France's dependence on atomic power.
During a visit to Pierrelatte near the Tricastin nuclear power plant in southern France, the French president said the pre-electoral pact by the Socialists and Greens parties to shut 24 reactors across France by 2025 was a threat to the country's industry and the purchasing power of French households.

Oil headed for a second weekly decline in New York as speculation that Europe’s debt crisis threatens the global economy countered concern that violence in Saudi Arabia may destabilize the world’s biggest crude exporter.
Futures are down 1.3 percent this week, after sliding 1.6 percent in the prior seven days. Portugal and Hungary’s sovereign debt ratings were cut to junk, while Germany again ruled out joint euro-area borrowing and an expanded role for the European Central Bank in fighting the crisis.

Delhi (SANA)India has reached a broad agreement with Pakistan on liberalising visa regime for their business persons and a Cabinet note in this regard will be ready in 7-8 days, a senior Commerce Ministry official says.
“On our side, it has to go to the Cabinet through the Ministry of External Affairs,” Joint Secretary in the Commerce Ministry Arvind Mehta said at a FICCI event here.
Under the proposal, India and Pakistan should grant multiple entry visas to businessmen of the two sides.