Suez Canal - A shortcut for Britishers to DRAIN Indian wealth

The Suez Canal  also known by the nickname "The Highway to India"

 - The distance between Mumbai and London is roughly 6,200 nautical miles using the Suez Canal and 10,800 nautical miles taking the longer route around the Cape of Good Hope.

- The opening of the Suez Canal in 1869 reduced transport costs and thus made the exploitation of the Indian market easier:

 -  It is an artificial sea-level waterway in Egypt, connecting the Mediterranean Sea and the Red Sea.

  - It opened in November 1869 after 10 years of construction work, it allows transportation by water between Europe and Asia without navigation around Africa.

 - The canal is owned and maintained by the Suez Canal Authority (SCA) of Egypt.

Note: Under international treaty, it may be used "in time of war as in time of peace, by every vessel of commerce or of war, without distinction of flag.

- The canal has no locks due to the flat terrain, and the minor sea level difference between each end is inconsequential for shipping.

- About 7.5% of world sea trade is carried via the canal today. In 2008, a total of 21,415 vessels passed through the canal and the receipts from the canal totaled $5.381 billion with the average cost per-ship at roughly $251,000

Environmental Impact:

 -  The opening of the Suez Canal in 1869 created the first salt-water passage between the Mediterranean and Red seas. Although the Red Sea is about 1.2 m (4 ft) higher than the eastern Mediterranean, the current between the Mediterranean and the middle of the canal at the Bitter Lakes flows north in winter and south in summer.

-  The current south of the Bitter Lakes is tidal, varying with the height of tide at Suez.

 - The Bitter Lakes, which were hypersaline natural lakes, blocked the migration of Red Sea species into the Mediterranean for many decades, but as the salinity of the lakes gradually equalised with that of the Red Sea, the barrier to migration was removed, and plants and animals from the Red Sea have begun to colonise the eastern Mediterranean.

Note:  This migratory phenomenon is called Lessepsian migration or Erythrean invasion.

 Suez Canal - Surrounding countris

I hope this post gave you a brief idea on Suez canal...                              Source: Wikipedia

South America - Part 1 ( Countries)

In this post, I will explain you how to remember and locate the countries in South America.

South America, the planet's 4th largest continent, includes (12) independent countries and (3) major territories; the Falkland Islands, Galapagos Islands and French Guiana.

The continent contains :

1.        World's highest waterfall, Angel Falls in Venezuela;

2.       The largest river (by volume), the Amazon River;

3.       The longest mountain range, the Andes, and

4.       The driest place on earth, the Atacama Desert in Chile. 

( I will explain this in details in the next post)

In addition, it includes the largest rainforest, the Amazon Rainforest; the highest capital city, La Paz, Bolivia; the highest commercially navigable lake in the world, Lake Titicaca; and, excluding research stations in Antarctica, the world's southernmost permanently inhabited community, Puerto Toro, Chile.

Remember the below sentance to identify the list of sovereign states and dependent territories in South America:
Ecuador’s Curriculum Vitae Got Selected BeFore Plan ACcepted by Union Public Board

  

E - Ecuador

C - Colombia

V - Venezuela

G - Guyana
S - Suriname
B - Brazil

F - French Guiana
P - Peru
A-  Argentina
C - Chile
P - Paraguay
U - Uruguay

B - Bolivia

Just play the below game for 4 to 5 five to get familier with Countries

 http://www.lizardpoint.com/fun/geoquiz/samericaquiz.html

http://www.purposegames.com/game/countries-of-south-america-quiz

I hope this will help you to remember atleats few of the countries of SA.

Note: Also have a  look at the islands and oceans surroundedwhile identifying the countries.

Source: Worldatlas.com

Venezuela joined Mercosur Trade Bloc on July 31,2012

Recently on 31 July 2012, South American country ‘ VENEZUELA’ joined MERCOSUR trade bloc.

1. Venezuela had signed a membership agreement on 17 June 2006 (but its accession was blocked by the Senate of Paraguay)

2. Full membership for Venezuela became effective on 31 July 2012.

3. Paraguay is suspended from Mercosur on 22 June 2012 for the violation of the Democratic Clause of Mercosur i.e Impeachment of Fernando Lugo.

Country :Venezuela
Capital: Caracas

Government:Federal presidential constitutional republic

President:Hugo Chávez

Vice President:Elías Jaua

National language:Spanish

Venezuela has some of the largest oil and natural gas reserves in the world, and consistently ranks among the top ten world crude oil producers.

For more details:

http://www.bbc.co.uk/news/world-latin-america-19069591

advantages-disadvantages-MERSOCUR-membership:

http://voices.yahoo.com/advantages-disadvantages-mersocur-membership-5680996.html

Mercosur or Mercosul (Motto:"Our North is the South") is an economic and political agreement among Argentina, Brazil, Paraguay, Uruguay, and Venezuela. It is Founded in 1991 by the Treaty of Asuncion, which was later amended and updated by the 1994 Treaty of Ouro Preto.

The Asuncion Treaty is based on the doctrine of the reciprocal rights and obligations of the member states.

Its purpose is to promote free trade and the fluid movement of goods, people, and currency.

Objectives:

1. The free transit of produced goods, services and factors among the member states. Among other things, this includes the elimination of customs rights and lifting of nontariff restrictions on the transit of goods or any other measures with similar effects;

2. Fixing of a common external tariff (CET) and adopting of a common trade policy with regard to nonmember states or groups of states, and the coordination of positions in regional and international commercial and economic meetings;

3. Coordination of macroeconomic and sectorial policies of member states relating to foreign trade, agriculture, industry, taxes, monetary system, exchange and capital, services, customs, transport and communications, and any others they may agree on, in order to ensure free competition between member states;

4. The commitment by the member states to make the necessary adjustments to their laws in pertinent areas to allow for the strengthening of the integration process.

About MERCOSUR :

http://www.cfr.org/trade/mercosur-south-americas-fractious-trade-bloc/p12762

Source:wikipedia.org