Panasonic Lumix DMC-FX37

Panasonic has today announced the successor to the FX35 digital compact camera - the FX37. The new model comes with Panasonic's Venus IV imaging processor and an enhanced Intelligent Auto mode which is now capable of tracking an object once the AF has locked onto it. All this fancy new technology has been built around a 10.1 MP sensor and a 25mm (35mm equivalent), 5x zoom lens. The Lumix DMC-FX37 will be available in the UK from August for £249.99.

Mr. Saila is arriving

Physician elected first president of Nepal

Almost two months after Nepal was declared a republic, lawmakers Monday voted Ram Baran Yadav, a physician, as its first ever president.

Yadav, who is in his 60s, was declared the president in a runoff election after none of the three candidates could get a majority in the first round held on Saturday, announced Kul Bahadur Gurung, chairman of the constituent assembly.
Yadav was the general secretary of the Nepali Congress party and belongs to the ethnic minority Madhesi group from Nepal's troubled southern region.
"As constitutional president, my role will be one of coordinating between the various parties," Yadav said before he was declared the winner.
"I will work for the sovereignty, integrity and independence of Nepal," he said. "I want to bring an end to violence and end to communal politics."
He beat his rival Ram Raja Prasad Singh, 73, chosen by the former rebel group Communist Party of Nepal (Maoists) by 308 votes to 282 votes of the constituent assembly, for which elections were held in April.

Source CNN

Budget will be brought by new govt, says Bhattarai

Senior Maoist leader Dr Baburam Bhattarai has said the annual budget will be presented by the new government and that his party is pushing for an amendment in the constitution to incorporate a provision that will allow the government to bring budget programme after the start of the fiscal year.
"Full-fledged budget should be brought by the new government. For now, a general outline of income and expenditure can be presented," Bhattarai said talking to reporters at the Maoist party office in Buddhanagar on Wednesday.
The Maoist leader also argued that the current caretaker government had no right to prepare the annul budget.
According to him, the detailed budget programme could be brought a couple of months after a provisional budget is presented at the end of this Nepali month (mid-July).
Bhattarai also said the interim constitution would be amended to include such a provision. nepalnews.com July 02 08

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