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	<title>Major Developments &#187; 2007</title>
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	<description>Major Developments by Calendar Year</description>
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		<title>Nobel Prize in Economics 2007</title>
		<link>http://www.major-developments.net/major-develop/2009/10/nobel-prize-in-economics-2007/</link>
		<comments>http://www.major-developments.net/major-develop/2009/10/nobel-prize-in-economics-2007/#comments</comments>
		<pubDate>Tue, 13 Oct 2009 13:12:21 +0000</pubDate>
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		<description><![CDATA[The Nobel Prize in Economics for 2007 was awarded to Leonid Hurwicz, Eric Maskin, and Roger Myerson of the United States of America for their leading work on making markets work with more efficiency. They were awarded the prize for their work on Mechanism Design Theory, a branch of economics that looks at ways to [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify;">The Nobel Prize in Economics for 2007 was awarded to Leonid Hurwicz, Eric Maskin, and Roger Myerson of the United States of America for their leading work on making markets work with more efficiency. They were awarded the prize for their work on Mechanism Design Theory, a branch of economics that looks at ways to make imperfect markets work efficiently. The markets may be either social or economic exchanges. The theory was initiated by Hurwicz in 1960, was later pursued by Maskin and Myerson in the late 1970s, and has helped economists identify efficient trading mechanisms, regulation schemes, and voting procedures. The theory helps identify mechanisms that realize the largest benefit from trade, maximize a seller&#8217;s expected gain, or provides an insurance scheme that gives the best coverage without inviting misuse. According to the classical theory of economics there exists an ideal world where markets work hundred percent efficiently to bring buyers and sellers together as they exchange rare resources. But, in the practical world, however, such markets rarely exist because the consumers may not be fully informed about their choices and there may also be social costs beyond price, pollution for example, that is to be taken into consideration. Similarly, the transactions within a company or between organizations may upset the workings of an idealized market place. The economists of the Mechanism Design Theory aim at making these imperfect markets as efficient as possible, calculating, and valuating very complex models in the process. A typical test would be to see whether social welfare provisions go to the most needy or to assess how government regulations affect specific sectors. The aim of this theory is to distinguish the conditions where the markets work efficiently from the conditions where they would not .</p>
<p style="text-align: justify;">Leonid Hurwicz is the Regent&#8217;s Professor of Economics Emeritus at the University of Minnesota and won the US National Medal of Science in Behavioral and Social Science for his outstanding work in mechanism design. Eric Maskin is professor of Social Science in Princeton University and Roger Myerson is professor of Economics at the University of Chicago.</p>
<p style="text-align: justify;">The Nobel Prize for Economics was not mentioned by Nobel in his will. It was created by Swedish Central Bank to mark its tercentenary in 1968. It was awarded first in 1969 and is also funded by the bank. The prize includes a gold medal, a diploma and 10 million Swedish kronor (1.53 million US dollars) to be shared between them.</p>
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		<title>Nobel Peace Prize 2007</title>
		<link>http://www.major-developments.net/major-develop/2009/10/nobel-peace-prize-2007/</link>
		<comments>http://www.major-developments.net/major-develop/2009/10/nobel-peace-prize-2007/#comments</comments>
		<pubDate>Mon, 12 Oct 2009 13:11:27 +0000</pubDate>
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		<guid isPermaLink="false">http://www.major-developments.net/major-develop/?p=52</guid>
		<description><![CDATA[The former United States Vice President Albert Arnold (Al) Gore Jr and the Intergovernmental Panel on Climate Change (IPCC) were awarded the 2007 Nobel Prize for Peace. The IPCC is a United Nations network of scientists. They were instrumental in spreading the harmful effects of global warming and climate change. A cautionary movie about the [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify;">The former United States Vice President Albert Arnold (Al) Gore Jr and the Intergovernmental Panel on Climate Change (IPCC) were awarded the 2007 Nobel Prize for Peace. The IPCC is a United Nations network of scientists. They were instrumental in spreading the harmful effects of global warming and climate change. A cautionary movie about the consequences of climate change, “An Inconvenient Truth” won the 2007 Academy Award for best documentary. The Nobel committee called Gore as the single individual who has done a lot of work to create a greater worldwide understanding of the needs to be adopted to save the planet. Mr Gore announced that he would give his portion of the $1.5million to the non-profit organization, the Alliance for Climate Protection, that he founded last year. Gore considered it the world&#8217;s pre-eminent scientific body devoted to enhancing our understanding of the climate crisis.</p>
<p style="text-align: justify;">Mr. Rajendra Prachauri who chairs the U.N. Body on climate change observed that the Nobel Prize committee had realized the value of knowledge in tackling the climate change crisis. The climate change panel was established in 1988 and had issued a series of reports assessing the climate conditions of our planet.</p>
<p style="text-align: justify;">Mr.Al Gore was born in 1948 and was very active in politics and was the Vice President of the USA from 1993 till 2000.</p>
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		<title>Nobel Prize in Literature 2007</title>
		<link>http://www.major-developments.net/major-develop/2009/10/nobel-prize-in-literature-2007/</link>
		<comments>http://www.major-developments.net/major-develop/2009/10/nobel-prize-in-literature-2007/#comments</comments>
		<pubDate>Sun, 11 Oct 2009 13:07:21 +0000</pubDate>
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		<guid isPermaLink="false">http://www.major-developments.net/major-develop/?p=49</guid>
		<description><![CDATA[The 2007 Nobel Prize in Literature has been awarded to Dorris Lessing for her deep autobiographical writing that has swept across continents reflecting her engagements with the social and political issues of her time. The Swedish Academy has described her as “that epicist of the female experience, who with skepticism,fire and visionary power has subjected [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify;">The 2007 Nobel Prize in Literature has been awarded to Dorris Lessing for her deep autobiographical writing that has swept across continents reflecting her engagements with the social and political issues of her time. The Swedish Academy has described her as “that epicist of the female experience, who with skepticism,fire and visionary power has subjected a divided civilization to scrutiny.” The award comes with about $1.6 million.</p>
<p style="text-align: justify;">Miss Lessing was born in Persia and never completed her high school. She largely educated herself through voracious reading. She has written dozens of books of fiction, as well as plays,nonfiction and two volumes of autobiography. Her name was on the shortlist for a long time that she had almost forgotten about it and had given up the hope of becoming a Nobel Laureate. She became quite noted with her breakthrough novel, “ The Golden Notebook”. The growing feminist movement saw this book as a pioneering work and which belonged to that category of books that informed the 20th century view of the male-female relationship. Ms.Lessing wrote about the inner lives of women and rejected the notion that they should give up their choice and lifestyle for marriage or children.</p>
<p style="text-align: justify;">“The Golden Notebook”, tracked the story of Anna Wulf, a woman who wished to live freely and in some ways was Ms Lessing&#8217;s alter ego.<br />
Ms Lessing was born Doris May Taylor in 1919 in what is now Iran. After a painful childhood in Zimbabwe, she moved to Southern Rhodesia. She published her first novel in 1949, in Britain, “The Grass Is Singing” which recorded the relationship between a white farmer&#8217;s wife and her black servant.</p>
<p style="text-align: justify;">Her childhood experiences drawn from the cultural differences and the racial discrimination among the whites and the blacks in colonial Rhodesia formed the basis for her first novel. “The Golden Notebook” had only sold around 6,000 copies when it came into the market but they had galvanized the American female society to a great extent. Ms. Lessing&#8217;s other novels include “The Good Terrorist”,“Martha Quest” and “The Cleft”. She even dabbled in science fiction and some of her later works show her interest in Sufi mysticism,which according to her stresses a link between the fates of individuals and the society.</p>
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		<title>Nobel Prize in Medicine 2007</title>
		<link>http://www.major-developments.net/major-develop/2009/10/nobel-prize-in-medicine-2007/</link>
		<comments>http://www.major-developments.net/major-develop/2009/10/nobel-prize-in-medicine-2007/#comments</comments>
		<pubDate>Sat, 10 Oct 2009 13:05:53 +0000</pubDate>
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		<guid isPermaLink="false">http://www.major-developments.net/major-develop/?p=40</guid>
		<description><![CDATA[The Nobel Prize in Medicine, 2007 was awarded to Mario R. Capecchi, Sir Martin J. Evans and Oliver Smithies (in the words of the Academy) “for their discoveries of principles for introducing specific gene modifications in mice by the use of embryonic stem cells.” They have made a series of ground-breaking discoveries that led to [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify;">The Nobel Prize in Medicine, 2007 was awarded to Mario R. Capecchi, Sir Martin J. Evans and Oliver Smithies (in the words of the Academy) “for their discoveries of principles for introducing specific gene modifications in mice by the use of embryonic stem cells.” They have made a series of ground-breaking discoveries that led to the creation of an immensely powerful technology referred to as gene targeting in mice. Gene targeting is often used to inactivate single genes, a process known as “gene knockout.”  These experiments have helped us understand the roles of numerous genes in embryonic development, adult physiology, aging, and disease. With gene targeting it is possible to produce any type of DNA modification in the mouse genome. Gene targeting has already produced more than five hundred different mouse models of human disorder, which include cardiovascular and neuro-degenerative diseases, diabetes, and cancer. Information about the function of our bodies through out life is carried within the DNA, which is packaged in chromosomes, which occur in pairs- one from the father and one from the mother. Exchange of DNA sequences occur by a process called homologous recombination. Capecchi demonstrated that homologous recombination was possible between introduced DNA and the chromosomes with the mammalian cells. In this manner, defective genes could be repaired by homologous recombination with the incoming DNA. In his attempts, Smithies had discovered that endogenous genes could be targeted irrespective of their activity.</p>
<p style="text-align: justify;">Martin Evans had worked with embryonal carcinoma (EC) cells, which could give rise to almost any cell type. Evans discovered that chromosomally normal cell cultures could be established directly from early mouse embryos, now referred to as embryonic stem cells (ES) cells. The reports which showed the homologous recombination in ES cells used to generate gene-targeted mice were publicized in 1989. Since then, gene targeting has developed into a versatile technology. We can now introduce mutations that can be activated at specific time points, or in specific cells or in organs, both during the development and the adult animal.</p>
<p style="text-align: justify;">Mario R. Capecchi, US citizen, PhD in Biophysics, Harvard University. Presently Howard Hughes Medical Institute Investigator and Distinguished Professor of Human Genetics and Biology at the University of Utah, Salt Lake City, UT , USA.</p>
<p style="text-align: justify;">Sir Martin J. Evans, British citizen, PhD in Anatomy and Embryology, University College, London UK. He is a Director of the School of Biosciences and professor of Mammalian Genetics, Cardiff University, UK.</p>
<p style="text-align: justify;">Oliver Smithies, US citizen, PhD in Biochemistry 1951, Oxford University, UK. He is a Excellence Professor of Pathology and Laboratory Medicine, University of North Carolina at Chapel Hill, NC, USA.</p>
<p><strong>Related Links:</strong><br />
<a href="http://www.lonstein.com">Acupuncture clinic</a></p>
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		<title>Nobel Prize in Chemistry 2007</title>
		<link>http://www.major-developments.net/major-develop/2009/10/nobel-prize-in-chemistry-2007/</link>
		<comments>http://www.major-developments.net/major-develop/2009/10/nobel-prize-in-chemistry-2007/#comments</comments>
		<pubDate>Fri, 09 Oct 2009 13:02:39 +0000</pubDate>
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		<description><![CDATA[The Nobel Prize in Chemistry, 2007 was awarded to Gerhard Ertl, for his entire work that laid the foundations for modern surface chemistry. He had spent the most part of his life studying reactions on surfaces. Surface chemistry is a very common phenomenon in the industrial and even everyday processes. From producing nitrogen to the [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify;">The Nobel Prize in Chemistry, 2007 was awarded to Gerhard Ertl, for his entire work that laid the foundations for modern surface chemistry. He had spent the most part of his life studying reactions on surfaces.</p>
<p style="text-align: justify;">Surface chemistry is a very common phenomenon in the industrial and even everyday processes. From producing nitrogen to the destruction of ozone layer each process has a key step where in a  deep understanding of the physical and chemical processes underlying the overall reaction plays a vital role in obtaining a higher yield of the product.</p>
<p style="text-align: justify;">Prof Ertl&#8217;s work with the Haber-Bosch process was the highlight of the Nobel prize achievement. The process is used to create ammonia from nitrogen and hydrogen in the presence of iron. Though the discovery of the process spawned Nobel prizes for both Haber(1918) and Bosch(1931), the reaction mechanism was unknown until Ertl&#8217;s work. To study the reaction mechanisms Ertl made use of a number of techniques, such as generating idealized iron surfaces, introducing precise amounts of gas at low pressure, using a litany of spectroscopic techniques that probed molecules at the surface, and also studying the reverse reaction of the process using heavy hydrogen as a tracer molecule.  Prof Ertl discovered that the splitting of the triple bond in the Nitrogen molecule was the slowest step in the Haber-Bosch process. So, to speed up the production of ammonia, the nitrogen molecule cleavage had to be fastened.</p>
<p style="text-align: justify;">Ertl&#8217;s work also included the detailed study of carbon monoxide being converted to carbon dioxide over platinum. This reaction – or the one that doesn&#8217;t use platinum- is the one that is used by catalytic converters in cars today to reduce the harmful emissions. The detailed and controlled methodology that Ertl used has given rise to modern surface chemistry and earned him the Nobel Prize.</p>
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		<title>Nobel Prize in Physics 2007</title>
		<link>http://www.major-developments.net/major-develop/2009/10/nobel-prize-in-physics-2007/</link>
		<comments>http://www.major-developments.net/major-develop/2009/10/nobel-prize-in-physics-2007/#comments</comments>
		<pubDate>Thu, 08 Oct 2009 13:01:52 +0000</pubDate>
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		<guid isPermaLink="false">http://www.major-developments.net/major-develop/?p=35</guid>
		<description><![CDATA[The Royal Swedish Academy of Sciences has decided to award the Nobel Prize in Physics for 2007 jointly to Albert Fert of France and Peter Grunberg of Germany. It is been awarded for their discovery of an entirely new physical effect known as Giant Magnetoresistance or GMR in 1988. The two scientists had independently discovered [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify;">The Royal Swedish Academy of Sciences has decided to award the Nobel Prize in Physics for 2007 jointly to Albert Fert of France and Peter Grunberg of Germany. It is been awarded for their discovery of an entirely new physical effect known as Giant Magnetoresistance or GMR in 1988. The two scientists had independently discovered the effect in the same year that led to far reaching applications in the field of electronics and nanotechnology.</p>
<p style="text-align: justify;">GMR is a quantum mechanical magnetoresistance effect observed in thin films that are composed of alternating ferromagnetic and nonmagnetic layers. It manifests itself as a significant decrease (typically 10-80%) in electrical resistance in the presence of magnetic field. In the absence of an external magnetic field, the direction of magnetization of adjacent ferromagnetic layers is anti-parallel due to a weak anti-ferromagnetic coupling between the layers resulting in high-resistance magnetic scattering due to electron spin. On applying an external magnetic field, the magnetization of the adjacent ferromagnetic layers is parallel resulting in lower magnetic scattering and lower resistance.</p>
<p style="text-align: justify;">A system of this kind is the perfect tool for reading data from hard disks when information that is coded magnetically should be converted into electric current. In 1997, the first read out head that was based on the GMR was launched and that became the standard technology. A hard disk stores information in the form of microscopic small areas magnetized in different directions. The information is retrieved by a read out head that scans the disk and registers the magnetic changes. If the hard disk is smaller and more compact then it would require a more sensitive read out head to read the information on the disk. A read out head can convert very minute magnetic changes into differences in electrical resistance resulting in changes in the current emitted by the read-out head. The current is the signal from the read out head representing the ones and zeros. GMR can also be considered as one of the first real applications of the promising and evolving field of nanotechnology.</p>
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		<title>The Clash of the Titans- Fedex vs Pistol Pete</title>
		<link>http://www.major-developments.net/major-develop/2009/10/the-clash-of-the-titans-fedex-vs-pistol-pete/</link>
		<comments>http://www.major-developments.net/major-develop/2009/10/the-clash-of-the-titans-fedex-vs-pistol-pete/#comments</comments>
		<pubDate>Wed, 07 Oct 2009 15:19:10 +0000</pubDate>
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		<description><![CDATA[Retired former World No 1 Pete Sampras stunned the world after he had defeated reigning World No 1 Roger Federer in a friendly match played on November 24, 2007 at Macau. Sampras won 7-6,6-4 and proved once again that his serve and volley tactics were as sharp as they used to be. The American might [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify;">Retired former World No 1 Pete Sampras stunned the world after he had defeated reigning World No 1 Roger Federer in a friendly match played on November 24, 2007 at Macau. Sampras won 7-6,6-4 and proved once again that his serve and volley tactics were as sharp as they used to be. The American might have turned his back on professional tennis but then he still managed to upset Federer, who failed to win even a break point during the contest on a fast carpet surface. The American lost their only competitive match in Wimbledon in 2001, was not carried away, and dismissed any talks about his comeback. Federer claimed that he wasn&#8217;t bothered by the defeat and that Sampras would still be in the top five if he had been playing. Federer also said that he was happy that Sampras beat him and would like to win back against him.</p>
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		<title>Brazil to host 2014 FIFA World Cup</title>
		<link>http://www.major-developments.net/major-develop/2009/10/brazil-to-host-2014-fifa-world-cup/</link>
		<comments>http://www.major-developments.net/major-develop/2009/10/brazil-to-host-2014-fifa-world-cup/#comments</comments>
		<pubDate>Wed, 07 Oct 2009 15:18:39 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[2007]]></category>
		<category><![CDATA[Sports]]></category>

		<guid isPermaLink="false">http://www.major-developments.net/major-develop/?p=30</guid>
		<description><![CDATA[The FIFA Executive Committee has named Brazil as the Host Nation for the 2014 FIFA World Cup. The South American country was the only one to bid for the tournament, which was to be staged on the continent according to FIFA&#8217;s rotation system. Brazil, have won the tournament a record five times, hosted the tournament [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify;">The FIFA Executive Committee has named Brazil as the Host Nation for the 2014 FIFA World Cup. The South American country was the only one to bid for the tournament, which was to be staged on the continent according to FIFA&#8217;s rotation system. Brazil, have won the tournament a record five times, hosted the tournament once before in 1950, but were beaten 2-1 in the Final by Uruguay.</p>
<p style="text-align: justify;">Now they have the opportunity again, with FIFA President Joseph S. Blatter saying that he had been impressed by Brazil&#8217;s plans for 2014 despite the fact they were the only bidders following Colombia&#8217;s withdrawal.</p>
<p style="text-align: justify;">Blatter said that the task was not easy – for it was a real big challenge to have the same list of requirements and the same conditions for only one candidate than if they were two and perhaps raising the bar higher than if they were two, said Blatter. The 2014 World Cup would have such a big social and cultural impact in Brazil.<br />
The Brazilian president Luiz Inacio Lula da Silva said that the nation was looking forward to the “huge task” of preparing for this unique sporting event.</p>
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		<title>Marion Jones pleads guilty</title>
		<link>http://www.major-developments.net/major-develop/2009/10/marion-jones-pleads-guilty/</link>
		<comments>http://www.major-developments.net/major-develop/2009/10/marion-jones-pleads-guilty/#comments</comments>
		<pubDate>Wed, 07 Oct 2009 15:17:48 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[2007]]></category>
		<category><![CDATA[Sports]]></category>

		<guid isPermaLink="false">http://www.major-developments.net/major-develop/?p=27</guid>
		<description><![CDATA[Marion Jones who was born on October 12, 1975 in Los Angeles, California, is a former world champion track and field athlete known for her doping offenses. She won five medals at the 2000 Olympics in Sydney, Australia but has since agreed to forfeit all medals and prizes dating back to September 2000 after admitting [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify;">Marion Jones who was born on October 12, 1975 in Los Angeles, California, is a former world champion track and field athlete known for her doping offenses. She won five medals at the 2000 Olympics in Sydney, Australia but has since agreed to forfeit all medals and prizes dating back to September 2000 after admitting to the fact that she had taken performance-enhancing drugs.</p>
<p style="text-align: justify;">In October 2007, Jones had admitted that she had taken steroids before the Sydney 2000 Summer Olympics and acknowledged that she had, in fact, lied when she previously denied steroid use in press statements, to various sports agencies, and—most significantly—to two grand juries. One, which was impaneled to investigate the BALCO &#8220;designer steroid&#8221; ring, and the other was impaneled to investigate a check fraud ring involving many of the same parties from the BALCO case. As a result of these admissions, Jones had accepted a two-year suspension from track and field competition, and announced her retirement from track and field on October 5, 2007.</p>
<p style="text-align: justify;">The United States Anti-Doping Agency stated that the sanction also required disqualification of all her competitive results obtained after September 1, 2000, and forfeiting of all medals, results, points and prizes. On October 5, 2007, Jones formally accepted the charges levied against her and  pled guilty to lying to federal agents in the BALCO steroid investigation in the U.S. District Court. On January 11, 2008, Jones was sentenced to serve 6 months in jail. She began serving her sentence from March 7, 2008 and was released on September 5, 2008.</p>
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		<title>Asafa&#8217;s 100m World Record</title>
		<link>http://www.major-developments.net/major-develop/2009/10/asafas-100m-world-record/</link>
		<comments>http://www.major-developments.net/major-develop/2009/10/asafas-100m-world-record/#comments</comments>
		<pubDate>Wed, 07 Oct 2009 15:17:01 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[2007]]></category>
		<category><![CDATA[Sports]]></category>

		<guid isPermaLink="false">http://www.major-developments.net/major-develop/?p=24</guid>
		<description><![CDATA[Asafa Powell set a new 100 m world record in a low-key obscure meeting, in the absence of any major competition and may be counted as one of the least exciting world records ever. This had happened in the qualifying heats of a one day meet in Reiti, Italy. Powell now has three clockings of [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify;">Asafa Powell set a new 100 m world record in a low-key obscure meeting, in the absence of any major competition and may be counted as one of the least exciting world records ever. This had happened in the qualifying heats of a one day meet in Reiti, Italy. Powell now has three clockings of 9.77 seconds and this clocking of 9.74sec gives him the chance of being titled “ the fastest man on earth.” But Powell faces a major problem, that he never has a world or Olympic title to his credit gives his critics a chance to shout louder and louder. There is a missing piece in his &#8216;jigsaw puzzle&#8217; and that is a gold medal. His critics include greats such as Carl Lewis and Michael Johnson. Powell&#8217;s main problem is that he seems to get tied up when a runner comes along side and his wall of confidence caves in.</p>
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		<title>Beckham moves to LA Galaxy</title>
		<link>http://www.major-developments.net/major-develop/2009/10/beckham-moves-to-la-galaxy/</link>
		<comments>http://www.major-developments.net/major-develop/2009/10/beckham-moves-to-la-galaxy/#comments</comments>
		<pubDate>Wed, 07 Oct 2009 14:06:56 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[2007]]></category>
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		<guid isPermaLink="false">http://www.major-developments.net/major-develop/?p=15</guid>
		<description><![CDATA[David Beckham had left Real Madrid to join Major League Soccer side LA Galaxy as per a five-year deal reportedly worth 128 million pounds. The star had conceded that after considering several options to continue in Real Madrid or join any other European or British terms, he decided to join LA Galaxy. The deal is [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify;">David Beckham had left Real Madrid to join Major League Soccer side LA Galaxy as per a five-year deal reportedly worth 128 million pounds. The star had conceded that after considering several options to continue in Real Madrid or join any other European or British terms, he decided to join LA Galaxy. The deal is said to consist of his salary, existing sponsorship contracts, merchandising shirt sales and a share of the club&#8217;s profits. Beckham said that he was looking forward to grow the world&#8217;s most popular game in a country that is as passionate about its sport like England. LA Galaxy General Manager Alexai Lalas believes that among others, the interesting things that Beckham could bring about is the attention he would bring to the sport and to American soccer. Real Madrid confirmed Beckham&#8217;s departure stating that both the parties have decided not to extend their contract beyond 30 June,2007. Beckham is the biggest name to sign up for Major League Soccer since its inception in 1996. Sports and entertainment giants AEG, who also hold a stake in Beckham’s soccer academy in Los Angeles, own LA Galaxy. AEG President Timothy J. Leiweke believes that David is the truly the only individual who can build the &#8216;bridge&#8217; between soccer in America and the rest of the world.</p>
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		<title>F1 &amp; The McLaren Controversy</title>
		<link>http://www.major-developments.net/major-develop/2009/10/f1-the-mclaren-controversy/</link>
		<comments>http://www.major-developments.net/major-develop/2009/10/f1-the-mclaren-controversy/#comments</comments>
		<pubDate>Wed, 07 Oct 2009 14:05:10 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[2007]]></category>
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		<guid isPermaLink="false">http://www.major-developments.net/major-develop/?p=13</guid>
		<description><![CDATA[The 2007 Formula One espionage controversy, also called as &#8220;Spygate&#8221; or &#8220;Stepneygate&#8221; involved allegations that the McLaren Formula One team was passed confidential technical information from the Ferrari team, which was again passed on to the Renault F1 team. The original allegations involved allegations made by the Ferrari Formula One team against a former employee [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify;">The 2007 Formula One espionage controversy, also called as &#8220;Spygate&#8221; or &#8220;Stepneygate&#8221; involved allegations that the McLaren Formula One team was passed confidential technical information from the Ferrari team, which was again passed on to the Renault F1 team. The original allegations involved allegations made by the Ferrari Formula One team against a former employee Nigel Stepney, a senior McLaren engineer, Mike Coughlan, and his wife Trudy Coughlan regarding the theft of technical information. The second FIA(Federation Internationale de l&#8217;Automobile) hearing into the matter took place on 13 September 2007, and resulted in several penalties for McLaren which included the team&#8217;s exclusion from the 2007 Constructors&#8217; Championship and a record-breaking fine of $100 million (USD). In the week beginning 17 June 2007, at the 2007 US Grand Prix, Ferrari filed a formal complaint against Stepney, leading to the beginning of a criminal investigation by the Modena district attorney in Italy. On 3 July 2007,Ferrari completed its internal investigation and had dismissed Stepney as a result. On the day Ferrari had announced Stepney’s dismissal, it also announced it had taken action against &#8220;an engineer from the Vodafone McLaren-Mercedes team&#8221;,who was  later named as Mike Coughlan and was later suspended by McLaren as a result. Coughlan is alleged to be in possession of 780 pages of Ferrari documentation and his wife is alleged to have taken them to a photocopying shop near Woking. Ferrari were caught unawares that their technical information had been stolen until they received a tip from an employee working in the photocopying shop. The staff member saw that the documents were confidential and which belonged to Ferrari and, after copying them, decided to contact the team’s headquarters in Italy.</p>
<p style="text-align: justify;">However, on 10 July 2007, Ferrari reached an agreement with Mr. and Mrs. Coughlan under which Ferrari dropped its High Court case in return for their full disclosure of all they know about the case and a promise of future cooperation. An announcement made by McLaren based on its own internal investigation had revealed that no Ferrari materials or data were ever been in the possession of any McLaren employee other than Coughlan. Any other member of the team did not know the fact that he held at his home-classified materials from Ferrari.</p>
<p><strong>Related Links:</strong><br />
<a href="http://www.ockclaw.com">DUI Attorney in Kansas City</a></p>
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		<title>Military World Games</title>
		<link>http://www.major-developments.net/major-develop/2009/10/military-world-games/</link>
		<comments>http://www.major-developments.net/major-develop/2009/10/military-world-games/#comments</comments>
		<pubDate>Wed, 07 Oct 2009 13:38:36 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[2007]]></category>
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		<guid isPermaLink="false">http://www.major-developments.net/major-develop/?p=8</guid>
		<description><![CDATA[The Fourth World Military Games were opened by the Indian President, Pratibha Devisingh Patil in Hyderabad, on October 14th,2007. About 6000 athletes from 106 countries took part in the sporting extravaganza, which boasted a total of 1076 medals in different games and sports. The 13 disciplines included Pentathlon, Shooting, Parachuting, Athletics, Triathlon, Swimming, Sailing, Boxing, [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify;">The Fourth World Military Games were opened by the Indian President, Pratibha Devisingh Patil in Hyderabad, on October 14th,2007. About 6000 athletes from 106 countries took part in the sporting extravaganza, which boasted a total of 1076 medals in different games and sports. The 13 disciplines included Pentathlon, Shooting, Parachuting, Athletics, Triathlon, Swimming, Sailing, Boxing, Wrestling, Judo, Football, Handball and Volleyball. Hockey and Kabbadi were canceled due to lack of participation. This is the first time these games are taking place outside of Europe. The games are considered to be the second biggest sporting event after the Olympics.</p>
<p style="text-align: justify;">Bravo, the dancing bison is chosen to be the mascot for the games. True to its dramatic style, Bravo descended from the skies along with a team of skydivers and landed before a dais on which a few military officials and state ministers were present.</p>
<p style="text-align: justify;">The Conseil International du Sport Militaire, or CISM founded in 1948, is best described as the military equivalent of the International Olympic Committee or IOC. The CISM World Military Games debuted in Rome in 1995 and are held every four years, a year before the Olympics. They were hosted by Zagreb, Croatia in 1999 and by Catania, Italy in 2003. Brazil will host the next CISM World Military Games in 2011.</p>
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