Archive for January 2010

FIFA and SA Allay Fears over World Cup Security

on January 29, 2010 by admin in Africa News, South Africa News, Tourism News, Trade News, Travel News, Comments (0)

The president of South Africa (SA) Jacob Zuma and the FIFA’s secretary general Jérôme Valcke at separate occasions informed there was no security threat to the forthcoming football (soccer) World Cup (WC) to be held in SA this year in… Continue reading

New Zealand Basks in the Success of Avatar

on January 28, 2010 by admin in Australian News, Global Economy, Tourism News, Travel News, World Business News, Comments (0)

Avatar, the most expensive and the largest grosser movie ever made has given a big boost to the New Zealand (NZ) film industry and the economy as a whole. The 3D mega visual has delivered USD$218mn to the NZ economy… Continue reading

Latin American Countries to Begin Single Currency Talks

on January 28, 2010 by admin in E-Commerce, Export News, Import News, Latin American Business, Trade News, Comments (0)

The trade ministers of an alliance of Latin American Countries (ALBA) will meet today to discuss the operational launch of a regional electronic currency. In last April, Venezuelan President Hugo Chavez and the leftist leaders of the region agreed to… Continue reading

Online Exporter Guide from ITC to Mainly Aid Africa

on January 24, 2010 by admin in Africa News, E-Commerce, Export News, Global Export News, Trade News, Comments (0)

The International Trade Centre (ITC) has launched a comprehensive, interactive trilingual online version of its Cotton Exporter’s Guide as an outreach to improve the skills and abilities of developing countries in cotton trading and marketing. The ITC’s latest press release… Continue reading

EU Aims to Tide over WTO Ceiling on Sugar Exports

on January 22, 2010 by admin in EU News, Export News, Import News, Trade News, World Business News, Comments (0)

In the wake of repeated requests from International Confederation of European Beet Growers (CIBE) and other sugar agencies of Europe to export surplus sugar, the EU as a ‘matter of urgency’ is planning to seek legal means to breach the… Continue reading

China Acts by welcoming More Indian Goods

on January 22, 2010 by admin in Asia Pacific Trade, Business, China Business News, Export News, India News, Indian Exports, Trade Deals, Trade News, Comments (0)

The Chinese Premier Wen Jiabao gave assurance to the visiting Indian Commerce and Industry Minister Anand Sharma that his country would do everything to iron out trade imbalances with India. New Delhi had been complaining about the trade deficit for… Continue reading

What to Eat – Farmed or Wild Salmon – Debate Rages on

on January 22, 2010 by admin in Business, Economy, Trade News, World Business, World Business News, Comments (0)

It is a well known fact that salmon is the most sought after fish for its delicacy status and health benefits. Consequently, salmon is also the most farm-raised fish with its high demand and lucrative business potential. But a recent… Continue reading

Chavez Devaluation Missile Ravages French Retail Chain

on January 22, 2010 by admin in Business, Economy, Latin American Business, World Business News, Comments (0)

Exito, a joint French-Colombian supermarket chain, has fallen prey to this month’s Venezuelan currency devaluation policy, which warned action against any firm that involved in speculative price hikes. President Hugo Chavez on Sunday has ordered to begin the expropriation process… Continue reading

Business Connivance Virus – In 90s Tobacco and Now H1N1

on January 19, 2010 by admin in Business, News, World Business News, Comments (1)

According to a study, what the world is hearing from the H1N1 space about the false pandemic alarm and the WHO staff’s collusion with pharma powerhouse are just what happened in the 1990’s at the behest of a tobacco giant… Continue reading

Myanmar Will Bring China and India Closer by Reopening Old Route

on January 13, 2010 by admin in Bilateral Trade, Economy, Global Economy, India News, Trade News, World Business News, Comments (4)

According to sources, Myanmar has agreed to honour a long standing need of the region by re-opening the Stilwell Road to facilitate trade among China, India and Myanmar. At the recently concluded 5th North East Business Summit at Kolkata, the… Continue reading

NZ Islamic Fed Questions Indonesian Halal Credentials

on January 11, 2010 by admin in ASEAN News, Asia Pacific Trade, Dairy News, Dairy Trade, Export News, Trade News, World Business News, Comments (0)

The Federation of Islamic Associations of New Zealand (FIANZ) has objected to the Indonesian Council of Ulema (MUI)’s move to make mandatory obtaining halal from the councils own certification before it was sold in its country. The federation’s response came… Continue reading

US Farm Bureau Laments Trade Deal Delays Ahead of Annual Meet

on January 9, 2010 by admin in Economy, Export News, Global Export News, Tradeoff, US Business News, World Business News, Comments (0)

An official of the American Farm Bureau Federation (AFBF), the largest farm organization in the US said delays by Obama administration to strike trade deals with potential countries and blocs were causing distress to the farming community of the country.… Continue reading

S-Korea Plans 2nd Capital City with Incentives to Investors

on January 7, 2010 by admin in Trade News, World Business, World Business News, Comments (0)

The changed plans for Sejong city, located about 130kms south of Seoul, from administrative township to a science-business one will take off after a nod from the parliament with incentives for all establishments including domestic as well as foreign investors.… Continue reading

Economists Differ on US Economic Recovery

on January 5, 2010 by admin in Economy, Global Economy, Trade News, World Business News, Comments (0)

Nobel laureates Paul Krugman and Joseph Stiglitz along with economics professor Martin Feldstein of Harvard University sounded the alarm at the annual meeting of the American Economic Association in Atlanta that the US economy could slip back to recession once… Continue reading

Somali Piracy Ransoms Alleged on Kenyan Realty Boom

on January 4, 2010 by admin in Africa News, Business, Economy, Kenya News, Comments (0)

A sudden surge in property prices in Nairobi, the Kenyan capital, has invited the wrath of general public alleging the piracy booty from Somalia is meddling with the realty market to make them beyond the reach of common man. The… Continue reading

Philippines Will Adopt Aus Halal Model to Boost Meat Exports

on January 2, 2010 by admin in Australian Business, Economy, Export News, Trade News, Comments (0)

The Philippines will be aiming for a larger share of the global halal market worth $150bn by adopting the Australian standards on halal products. The government and the industry have taken such a decision after the trade delegation comprising of… Continue reading