It is a fact that the eastern hemisphere has coped with recession better than its western counterpart. India is interestingly the third best country in this regard. Some other South

Asian countries have been faring well recently and this has led to sharp appreciation of their currencies vis-à-vis dollar. Thereby, they find it viable to invest in imports rather than exporting their goods. An interesting example in this case is the export of tea from India.

World economic heads are finding their ways to either strengthen dollar or totally mitigate it. Wresting financial powers to third-world countries is going to create big economic upsurge. The perception will be of grand forgeries going undetected and that needs to be stopped.

Inflation rates have to be administered with reason and other economic policies regulated so as to keep a check on this mirage of an appreciation. For now, south Asia is on an upswing.

However fanciful life one may believe to live, one cannot escape the harsh fangs of poverty. It is insulting to note that the amount spent on a single dinner in a five star hotel can account for monthly food of many families. And, this is not considering those that live below poverty lines.

The rich: poor ratio through the world is appalling and denotes that a sizeable population lives without the promise of daily food; let alone education and sanitation. These poor people have been riddled with deadly HIV/AIDS virus for the last decade. Yes, governments and WHO has played significant hand in allaying the threat; but it is almost impossible to cater to the suffering millions.

Death of children due to poverty is a saddening fact. Men are forced to indulge in physical labor beyond their means to sustain themselves. They incur debilitating diseases. Heat or cold waves also kill poor people more as they have sheltering problems.

Companies choose an infrastructure to work and build on. Any sector; e.g. agriculture or IT; is replete with risks of predictable and unpredictable nature. A severe flood or drought can affect agro-companies harshly; while exposure of private policies can affect some critical structures. Thus, high-profile companies now keep experienced people in their payroll to avert risk by thorough risk management.

They need to first gauze the actual extent of harm at hand or in imminent future. They then try to either mitigate its demolishing effects or advise he companies to keep an exit gate on. Intelligent insurance schemes are a way of avoiding risks. Even big-budget movies now insure their musical and other rights for risk of failure.

Companies should make a detailed analysis of the effect on its customers in time of crisis. It is important to be informed as to how much the companies will be able to soak themselves. Human factor is essential.