Archive for November, 2008

President Bush in a meeting said that government’s drastic economic rescue efforts will eventually pay off and there is no need for Americans to get anxious about credit crisis but he didn’t give any quick revival. The economic crisis didn’t occur in one night and situation does not change in overnight. It is an ongoing [...]

In last two months, there is huge financial crisis in all most every country. People are concentrating more on savings then spending. Confidence of consumers is low because of ongoing financial crisis and economists believe that consumer’s spending power is dropped to half. Consumer spending dropped by largest amount in last four years in September, [...]

It seems that Hubble has to wait for some more time to get repaired. This space telescope is serving us since 1990, traveling around 150 million miles per year with a speed of 5 miles per second. It has undergone 4 servicing missions till now. Now the NASA has postponed the fifth servicing mission. It [...]

Synthetic rubber is any type of unnaturally made polymer material, which acts as an elastomer. An elastomer is a material with the mechanical (or material) property that it can experience much more elastic deformation under stress than most materials and still return to its previous size without permanent deformation. Synthetic rubber serves as a substitute [...]