American robbers go after Indian homes in search of 22K gold ornaments
Sonal Joshi
Oct. 19, 2009

Since high quality gold jewellery of 22 carats or moreis found mostly in homes of Indians, the police in US say the robbers have increasingly started targeting such homes.

They are after 22K jewelery and sari made ith 22K gold linings.

These robbers are smart. They are leaving behind the 14K or fake gold, silver, and other metals. They are after the 22K gold.

The burglars are discerning. They have taken 22-carat pieces but left behind sterling silver and well-crafted costume jewellery. They have sifted through floor-length gowns lovingly stored in closets and plucked every custom-made sari threaded with gold worth thousands, disdaining saris worth only hundreds.

"There is targeting due to gold prices. That’s how we are talking about it, rather than ethnicity," Fairfax police spokeswoman Mary Ann Jennings said. Raman Kumar, whose house was burgled recently, said the thieves took away a gold statue of Lakshmi while left other electronic items including laptop. "Here is the thing: If you know our customs, you know we carry a lot of gold," he was quoted as saying.

American robbers go after Indian homes in search of 22K gold ornaments
Sonal Joshi
Since high quality gold jewellery of 22 carats or moreis found mostly in homes of Indians, the police in US say the robbers have increasingly started targeting such homes.
READ MORE>>

China’s Gross Domestic Product (GDP) growth in the first three quarters to exceed 7 per cent
Sandra Sen
China says government’s 4-trillion-yuan ($585.65 billion) stimulus package, rolled out in November last year, contributed much to the economic recovery.
READ MORE>>

Ameircan corporate executiuves worried about sinking dollar
Special Correspondent
The dollar has fallen to a 14-month low; and while a weaker dollar makes U.S. products cheaper overseas,US chief executives expressed deep concern that the anemic dollar signals serious jitters.
READ MORE>>

US goes after illegal insider trading by hedge funds and private equity managers with secret Securities and Exchange Commission data-mining project
Peter Oberois
The secret Securities and Exchange Commission data-mining project set up to pinpoint clusters of people who make similar well-timed stock investments help FBI and other law enforcement agencies in pin pointing the culprits.
READ MORE>>

The difference between 1929-1939 depression and 2000-2012 stealth depression
Sam Adelton
If you look at Nasadaq composite between 2000 and 2009 and superimpose it on Dow Jones Industrial Average between 1929 and 1939, something will be clear. US economy is in depression just like that of 1930s for the last nine years and things are ...
READ MORE>>

The index of leading indicators increased, adding to evidence the next U.S. expansion has begun
Bernie Snyder
There are some evidence now that the next cycle of US expansion has started. Homebuilders and real-estate agents were busier in September. In addition, the index of leading indicators increased according to market expectations.
READ MORE>>

Russia plans to launch first international bonds worth $18 billion – how good are Russian bonds?
Marla Guthrie
Russia is planning to raise $18 billion through international bond, its first from Russia. Russia plans to raise up to $18bn in dollar-denominated securities in the first quarter of next year. How good are these Russian bonds?
READ MORE>>

MORE ARTICLES >>