Gaotai, in China's Gansu province.
This photograph taken with a filter shows a view of the eclipse as seen from Moscow.
The Siberian city of Novosibirsk.
Islamabad's grand Faisal mosque in Pakistan.
Kabul, Afghanistan.
Lucknow, India.
Gaotai, in China's Gansu province.
Jiayuguan, China.
Georgia gave civilians a few hours on Friday to leave the South Ossetian capital
Steinmeier visited the region just a few weeks ago
A Georgian soldier walked away from an explosion site in the village of Mereti. Villagers said an unidentified airplane dropped bombs on the outskirts of Mereti, destroying two cars. They said some residents were wounded.
Georgian troops riding in armored personnel carriers during the conflict with South Ossetian troops near the South Ossetian capital, Tskhinvali. Prime Minister Vladimir V. Putin of Russia declared that "war has started" and President Mikheil Saakashvili of Georgia accused Russia of a "well-planned invasion," saying he had mobilized Georgia's military reserves.
Georgian troops riding in armored personnel carriers during the conflict with South Ossetian troops near the South Ossetian capital, Tskhinvali. Prime Minister Vladimir V. Putin of Russia declared that "war has started" and President Mikheil Saakashvili of Georgia accused Russia of a "well-planned invasion," saying he had mobilized Georgia's military reserves.
A Russian checkpoint on the way to Tskhinvali was not functioning as usual. The Russian Defense Ministry said it was sending reinforcements to protect its peacekeepers already on the ground there.
A truck with Georgian soldiers passed through a Georgian village near the front line. Georgian forces said Friday that they had won control of the capital of the rebel enclave, South Ossetia, but Russian peacekeepers in the city said they had not seen Georgian troops in the South Ossetian capital, Tskhinvali.
A wounded Georgian soldier is brought to an army hospital in Gori. Separatist leaders in Tskhinvali said casualties were in the hundreds, though the claim was impossible to verify.
A woman related to a soldier cried after he was taken to the army hospital in Gori. South Ossetia gained de facto independence from Georgia in the late 1990s, after the collapse of the Soviet Union.
Georgian soldiers near a bombed building in Gori on Saturday.
Georgians left their homes near the city of Tskhinvali on Friday as Russian and Georgian forces fought for control of it. BEIJING (AP)—Once-reclusive China commandeered the world stage Friday, celebrating its first-time role as Olympic host with a stunning display of pyrotechnics and pageantry—topped by the unworldly sight of a flying gymnast, traversing the heights of the stadium to light the flame and begin the Summer Games.
Now ascendant as a global power, China welcomed scores of world leaders to an opening ceremony watched by 91,000 people at the eye-catching National Stadium and a potential audience of 4 billion worldwide. It was depicted as the largest, costliest extravaganza in Olympic history, bookended by barrages of some 30,000 fireworks.
It ended in spectacular fashion, when China’s first Olympic superstar, 1984 six-time gymnastics gold medalist Li Ning, was hoisted by wires to the top of the stadium, circled the entire circumference as though he was spacewalking, then used his torch to send a torrent of flame spiraling upward to light the Olympic flame in a huge cauldron overlooking Beijing.
That was preceded by the parade of athletes, climaxing with the entry of the 639-strong Chinese team; It was led by flag-bearer and basketball idol Yao Ming alongside a 9-year-old schoolboy who survived May’s devastating earthquake in Sichuan province.
The welcome—by a frenzied, chanting, flag-waving crowd that sought to cool itself with paper fans in the stifling heat—was thunderous. And moments later, the crowd erupted again when President Hu Jintao declared the games formally open.
President Bush and Russian Prime Minister Vladimir Putin were among the glittering roster of notables who watched China make this bold declaration that it had arrived. Bush, rebuked by China after he raised human-rights concerns this week, is the first U.S. president to attend an Olympics on foreign soil.
Already an economic juggernaut, China is given a good chance of overtaking the U.S. atop the gold-medal standings with its legions of athletes trained intensely since childhood. One dramatic showdown will be in women’s gymnastics, where the U.S. and Chinese teams are co-favorites; in the pool, Chinese divers and U.S. swimmers are expected to dominate.
The run-up to the games had epic story lines—China investing $40 billion to build the needed infrastructure, reeling from the catastrophic earthquake in May, struggling right up to Friday to diminish Beijing’s stubborn smog. China’s detentions of political activists, its crackdown on uprisings in Tibet and its economic ties to Sudan—home of the war-torn Darfur region—fueled relentless criticisms from human rights groups and calls for an Olympic boycott.
Second-guessed for awarding the games to Beijing, the International Olympic Committee stood firmly by its decision. It was time, the committee said, to bring the games to the homeland of 1.3 billion people, a fifth of humanity.
“For a long time, China has dreamed of opening its doors and inviting the world’s athletes to Beijing for the Olympic Games,” IOC President Jacques Rogge said in his speech. “Tonight, that dream comes true.”
Rogge mentioned the Sichuan earthquake, saying the world was moved “by the great courage and solidarity of the Chinese people.” And he exhorted the assembled athletes, as role models for the world’s youth, to “reject doping and cheating.”
The story presented in Friday’s pageantry sought to distill 5,000 years of Chinese history—featuring everything from the Great Wall to opera puppets to astronauts, and highlighting achievements in art, music and science. Roughly 15,000 people were in the cast, all under the direction of Zhang Yimou, whose early films often often ran afoul of government censors for their blunt portrayals of China’s problems.
He produced some majestic and ethereal imagery—at one point a huge, translucent globe emerged from the stadium floor, and acrobats floated magically around it to the accompaniment of the games’ theme song, “One World, One Dream.”
The show’s script steered clear of modern politics—there were no references to Chairman Mao and the class struggle, nor to the more recent conflicts and controversies. The ceremony was taped for broadcast 12 hours later in the United States.
A record 204 delegations paraded their athletes through the stadium— superstars such as tennis great Roger Federer and basketball’s Kobe Bryant, as well as plucky underdogs from Iraq, Afghanistan and other embattled lands. The nations were marching not in the traditional alphabetical order but in a sequence based on the number of strokes it takes to write their names in Chinese. The exceptions were Greece, birthplace of the Olympics, which was given its traditional place at the start, and the Chinese team, which lined up last.
Athletes from Japan, an old foe and current economic rival of China, were greeted coolly by the crowd even though they waved tiny Chinese flags. But cheers erupted for the next delegation, Taiwan, which China considers a breakaway province that should reunite with the mainland
The U.S. team—second-largest after China’s with nearly 600 members—was welcomed loudly, with many in crowd recognizing the basketball stars who brought up the rear. Bush rose from his VIP seat to wave at the athletes, nattily dressed in white trousers, blue blazers, red-white-and-blue-striped ties and white caps.
“It was a breathtaking experience walking into the stadium,” said Oganna Nnamani, a volleyball player from Bloomington, Ill. “I am thankful to be part of this moment.”
“This is the biggest stage,” said LeBron James, who hopes to lead the U.S. basketball team to a gold medal.
The American flag-bearer was 1500-meter runner Lopez Lomong, one of the Lost Boys of Sudan, who spent a decade of his youth in a refugee camp in Kenya. He’s a member of the Team Darfur coalition, representing athletes opposed to China’s support for Sudan. On Friday he avoided any criticism and said the Chinese “have been great putting all these things together.”
Abroad, human rights activists were less generous.
“The Chinese government and the International Olympic Committee have wasted a historic opportunity to use the Beijing Games to make real progress on human rights in China,” said Sophie Richardson of Human Rights Watch.
For Chinese dissidents who have dared to challenge the Communist Party’s monopoly on power, the start of the Olympics meant tighter surveillance and restrictions.
“It’s not my Olympic Games,” said Jiang Tianyong, a human rights lawyer. “It’s not the games for the ordinary people.”
By all indications, however, most Chinese have embraced the games, buying up tickets at a record pace, volunteering by the thousands for Olympic duties, nursing expectations of triumphs by their home team.
To their eyes, the omens were good. The ceremony began at 8 p.m. on the eighth day of the eighth month of 2008—auspicious in a country where eight is the luckiest number.
“It not easy to meet with such a date,” said Wang Wei, secretary general of Beijing Organizing Committee. “Hopefully this lucky day will bring luck.”
Fireworks explode over the National Stadium, known as the Bird's Nest, during the opening ceremony of the 2008 Beijing Olympic Games in Beijing Friday, Aug. 8, 2008
BEIJING - AUGUST 08: Artists perform on a large globe during the Opening Ceremony for the 2008 Beijing Summer Olympics at the National Stadium on August 8, 2008 in Beijing, China.
BEIJING - AUGUST 08: The Olympic flag is carried into the stadium during the Opening Ceremony for the 2008 Beijing Summer Olympics at the National Stadium on August 8, 2008 in Beijing, China. (Photo by Cameron Spencer/Getty Images)
Members of China's Olympic team wave their national flags during the opening ceremony of the Beijing 2008 Olympic Games at the National Stadium, August 8, 2008. The stadium is also known as the Bird's Nest. REUTERS/Aly Song (CHINA)
Fireworks explode over the National Stadium, known as the Bird's Nest, during the opening ceremony of the 2008 Beijing Olympic Games in Beijing Friday, Aug. 8, 2008.
BEIJING - AUGUST 08: A welcome message is displayed on the stadium roof as drummers perform during the Opening Ceremony for the 2008 Beijing Summer Olympics at the National Stadium on August 8, 2008 in Beijing, China. (Photo by Ezra Shaw/Getty Images)
BEIJING - AUGUST 8: (CHINA OUT) Visitors from all over the world celebrate the Opening Ceremony of 2008 Olympic Games on Wanggujing Avenue August 8, 2008 in Beijing, China. (Photo by China Photos/Getty Images)
BEIJING - AUGUST 08: Canoe/Kayak athlete Adam Van Koeverden of Canada carries his teams flag during the Opening Ceremony for the 2008 Beijing Summer Olympics at the National Stadium on August 8, 2008 in Beijing, China. (Photo by Paul Gilham/Getty Images)
BEIJING - AUGUST 08: Lopez Lomong of the United States Olympic men's track and field team carries his country's flag to lead out the delegation during the Opening Ceremony for the 2008 Beijing Summer Olympics at the National Stadium on August 8, 2008 in Beijing, China. (Photo by Paul Gilham/Getty Images)
BEIJING - AUGUST 08: The delegations are set on the field during the Opening Ceremony for the 2008 Beijing Summer Olympics at the National Stadium on August 8, 2008 in Beijing, China. (Photo by Adam Pretty/Getty Images)
BEIJING - AUGUST 08: Fireworks erupt as the delegations are on the field during the Opening Ceremony for the 2008 Beijing Summer Olympics at the National Stadium on August 8, 2008 in Beijing, China. (Photo by Adam Pretty/Getty Images)
Dancers perform during the opening ceremony of the 2008 Beijing Olympic Games in Beijing on August 8, 2008. The 29th Olympic Games, costing an estimated 40 billion dollars and shrouded by political controversies, burst into life with a spectacular opening ceremony.
All these Shampoos use a chemical called SLS which is actually a floor cleaner. They are used so as to produce more foam.
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Virtusa Corporation and Subsidiaries
Condensed Consolidated Balance Sheets
(In thousands, unaudited)
June 30, March 31,
2008 2008
---------- ----------
Assets:
Cash and cash equivalents $37,993 $41,047
Short-term investments 34,685 40,816
Accounts receivable, net 29,297 34,716
Unbilled accounts receivable 6,868 4,233
Prepaid expenses 5,254 4,025
Deferred income taxes 2,972 901
Other current assets 5,486 6,349
---------- ----------
Total current assets 122,555 132,087
Property and equipment, net 18,668 16,833
Long-term investments 22,089 17,091
Restricted cash 3,986 4,361
Deferred income taxes 5,220 4,429
Other long-term assets 6,099 5,969
---------- ----------
Total assets $178,617 $180,770
========== ==========
Liabilities:
Accounts payable $3,385 $3,726
Accrued employee compensation and benefits 7,227 10,424
Accrued expenses - other 11,275 8,375
Deferred revenue 377 351
Income taxes payable 218 403
---------- ----------
Total current liabilities 22,482 23,279
Long-term liabilities 4,392 1,657
---------- ----------
Total liabilities 26,874 24,936
---------- ----------
Stockholders' equity 151,743 155,834
---------- ----------
Total liabilities and stockholders' equity $178,617 $180,770
========== ==========
Virtusa Corporation and Subsidiaries
Consolidated Statements of Income
(In thousands except per share amounts, unaudited)
Three Months
Ended
June 30,
2008 2007
-------- --------
Revenue $42,543 $37,446
Costs of revenue 28,068 21,598
-------- --------
Gross profit 14,475 15,848
-------- --------
Total operating expenses 14,464 12,660
-------- --------
Income from operations 11 3,188
Other income (expense)
Interest income, net 757 496
Foreign currency transaction gains (losses) 16 (307)
Other, net 7 -
-------- --------
Total other income 780 189
-------- --------
Income before income tax expense 791 3,377
Income tax expense (benefit) (54) 689
-------- --------
Net income $845 $2,688
======== ========
Net income per share of common stock:
Basic $0.04 $0.15
-------- --------
Diluted $0.03 $0.13
-------- --------
Weighted average number of
common shares outstanding
Basic (1) 23,052 18,428
-------- --------
Diluted 24,731 20,160
-------- --------
(1) The net income per share calculations for the three months
ended June 30, 2007 give effect to the automatic conversion of
the redeemable convertible preferred stock into 11,425,786
shares of common stock upon the completion of the Company's
initial public offering on August 8, 2007.
