US lawmakers believe that the Chinese currency Yuan is undervalued, which in turn gives Chinese companies an advantage over their foreign competitors.

One of the first missions of Obama is to place more pressure on China in order to allow its currency to appreciate more. Obama’s economic team just waived a yellow card in the face of China by openly accusing the country of manipulating its currency. Such an accusation could lead China to sell its long held US securities which already resulted in a drop in value of long term US securities.

The story began in the last quarter of 2005 where the USD was equal to 8.27 Yuan’s. At that time, former president George Bush urged China to

This year, apart from collecting money on the streets the Great Orchestra  of Christmas Charity has a new method of raising funds – an Internet auction. Several objects are up for bids, among them a Porsche 987 Boxster donated by the first winner of the Polish edition of “Dancing with the Stars”, Agata Kulesza which has so far fetched a price of over two hundred and fifty thousand zloty. Other attractions include a helmet from the Formula 1 star Ferdinand Alonso, a copy of Poland’s constitution with an autograph by the Dalai Lama, a mug with the Orchestra’s logo signed by the only Pole in F1- Robert Kubica and many other gifts donated by Polish celebrities. The Internet auction that has been going on for several weeks now ends tonight. 

Digital media advertising ( internet, mobile and digital signage) is expected to emerge as the medium of choice for advertisers. Of the available media, it was the fastest growing segment in 2008. Its better return on investment and the comparative ease with which its efficacy can be measured will ensure that the trend continues, say analysts.

Viraj Malik, MD, Percept Knorigin (digital advertising arm of Percept), says that earlier, internet advertising was used by BFSI ( Banking, Financial Services and Insurance companies) and .com companies only. In the last 6 months, other consumer-oriented brands have also started using the medium.

  Intel Corp. on Wednesday again cut its fourth- quarter sales outlook, underscoring the stunning drop in demand in the personal computer market amid a weakening global economy.

Shares of Intel (INTC), the world's No. 1 chip maker, fell more than 4% after the tech behemoth said it now projects revenue of about $8.2 billion, down 23% from the year-earlier period.

Intel said its new sales target is "lower than the company's previous expectation ... as a result of further weakness in end demand and inventory reductions by its customers in the global PC supply chain."

What’s bigger than a netbook but slimmer than most notebooks? AMD wants the answer to be a fleet of new ultra-portables built around its Neo processor and ATI Radeon graphics.

Mooly Eden, Intel vice president and general manager of the company’s Mobile Platforms Group, told APC late last year that the forthcoming mid-2009 ‘Montevina’ refresh of the Centrino 2 platform and early