The snow storm that crippled the US during the final shopping weekend on December 19 and 20 became a blessing in disguise for e-commerce businesses as the total online sales recorded 13 percent growth compared to the same period last year. This was reported in the latest press release of comScore, a firm that evaluates [...]
Rwanda has become a model to many countries of endless conflicts to perceive the significance of reconciliation and co-existence. The former US President, Bill Clinton’s proposal does not become rhetoric while he said that Israel and Palestine should learn from Rwanda’s post-genocide reconciliation model.
Though no one guarantees there would not be any flare up once [...]
In a recent report by AT Kearney, a leading global management consulting firm stated Dubai’s capacity to “rebound fast should not be underestimated, with low real estate prices at offer now”. It further adds that apart from the UAE, the other Gulf Co-operation Council (GCC) members would also be back on track by attracting foreign [...]
The US Department of Agriculture (USDA) has announced that 91 agricultural trade promotion projects had been allocated $8.2m for the fiscal 2009 to promote overseas market access for the US food and agricultural products. The money was provided by the Central Fund of the USDA’s Emerging Markets Program (EMP), the funding which is set at [...]
The US Secretary of State for Western Hemisphere Affairs Arturo Valenzuela’s recent visit to Argentina did not pan out as expected after he quoted the US businessmen had raised investment doubts over legal insecurity in Argentina – a stark contrast to his optimism during a 1996 visit. On account of this, the Argentine foreign ministry [...]
A trade delegation from Iran headed by the director of the provincial trade organization in Tehran Seyyed Ali Mousavi has arrived in Baghdad to improve trade ties with its Iraqi counterparts. This is the second time in this month a team from Iran is visiting Iraq, in the first week of the same month the [...]
The EU has recognized Mexico’s SENASICA as a regulatory authority of Sanitary and Phytosanitary Measures (SPS). The SENASICA or the National Service for Animal Health, Food Safety, and Agricultural and Food Quality Assurance hereafter is authorized to certify the comprehensive food safety and health of all seafood and agricultural products entering the EU markets from [...]
The Australian Treasurer Wayne Swan claimed that his country continued to outperform most other nations even as the impact of the global economic crisis eroded almost all economies. He made this statement ahead of the final economic data to be released before the holiday season by the Australian government this week.
In his weekly economic note, [...]
According to the Scotch Whisky Association (SWA) the exports of Scotch whisky reached the positive mark by the end of September despite a poor performance in the first quarter. The association is confident of a better show in the coming quarter as Christmas season and the new Scotch whisky regulations are likely to boost the [...]
Leonid Bokhanovsky, a board member and the first vice president of the leading engineering-construction company Stroitransgaz of Russia has been chosen as the General Secretary of the Gas Exporting Countries Forum (GECF). The GECF leadership in the hands of Russia means that it will have more control over natural gas producers as well as monopolistic [...]
