Archive for May 2010
GCC Puts Oil and Gas Exports at $18.3tn
on May 25, 2010 by admin in Africa News, Business, Export News, GCC News, Kuwait News, News, Saudi Arabia News, Trade News, World Business, Comments (0)
The head of Dubai International Financial Centre (DIFC) while addressing the second day of the MENASA (Middle East, North Africa and South Asia) Forum in Dubai said with the presumption of average oil price at $50, the current value of… Continue reading
Global Infrastructure Deficit Pegged at $2Trillion Per Annum
on May 24, 2010 by admin in Business, Economy, Global Economy, Latin American Business, News, World Business News, Comments (0)
The World Economic Forum’s Positive Infrastructure Report (PIR) finds that world faces a global infrastructure deficit of US$2 trillion per year over the next 20 years. The report analyses the four largest infrastructure markets – Latin America, China, India and… Continue reading
Mosquito-feasting Plants May Well Be the Answer
on May 21, 2010 by admin in Africa News, Business, Miscellaneous, News, Research, Comments (0)
A Ugandan scientific team is believed to have discovered an eco-friendly method to eradicate mosquitoes. The team headed by Prof. Jasper Okeng of the Pharmacology department of Makerere University is planning to use insect-eating plants to contain mosquito menace to… Continue reading
China Initiates Huge Private Participation in Energy Sector
on May 19, 2010 by admin in Business, China Business News, Economy, News, Trade News, Comments (0)
Last week China has announced that it would accept public bidding for national oil reserve projects, indicating that the government is planning private participation in energy domain to cut state’s sole responsibility of generating energy to feed the growing demands.… Continue reading
Indo-Israeli FTA Talks to Ride on Equal Trade Opportunities
on May 18, 2010 by admin in Bilateral Trade, Business, Economy, Export News, Import News, India, India News, Israel News, News, Comments (0)
A Free Trade Agreement (FTA) between India and Israel, proposed by the latter about four years ago, has all the trappings for an early completion as both sides find the future partner with complementary trade openings. The upcoming visit by… Continue reading
WTO Must Streamline Organized Workforce to Cut Socio-economic Imbalances
on May 15, 2010 by admin in Africa News, ASEAN News, Blog, Business, Economy, EU News, Global Economy, Opinion, World Business, World Business News, Comments (0)
It is now apparent in the light of various studies conducted by both the UN agencies and other independent bodies that globalization has eluded its goals by not translating it into targeted benefits. Instead of creating an all-inclusive socio-economic development… Continue reading
Used Cooking Oil-based Bio-diesel becomes a Rage in US
on May 15, 2010 by admin in Blog, Business, Economics, Environment, Global Economy, News, US Business News, Comments (0)
In the US, companies and communities alike are fashioning the new wave of energy production by converting cooking oil waste to bio-diesel not just for greening but also for profits and revenue generation. The new craze must be regarded as… Continue reading
Oman-France Eco-tourism Foray on Course despite Deferment
on May 11, 2010 by admin in Bilateral Trade, Blog, Business, Economy, Environment, Miscellaneous, News, Tourism News, Trade News, Comments (0)
A workshop on ‘green architecture and eco-tourism’ will be held in Oman between 15 May and 17 May after becoming one of the many casualties to Iceland’s volcanic ashes which disrupted air-travel last month. The highly anticipated event to be… Continue reading
Greece a Lesson for Blocs Aim to Emulate EU
on May 10, 2010 by admin in Articles, Blog, Economics, Latin American Business, Reviews, Trade News, World Business News, Comments (0)
Greece crisis must be termed as a discouraging event for blocs from Latin America and the Gulf which are essaying to toe the line of the EU to form unions with single currency and similar governance strategies. Nevertheless, the unpleasant… Continue reading
EU Members wish to Increase Trade with Iran
on May 5, 2010 by admin in Business, Export News, Import News, News, Trade News, US Business News, Comments (0)
An Iranian official claimed most European countries were keen on engaging in trade with Iran devoid of political pressures and other bottlenecks. The likely reason for that opinion would be due to the reduction of EU members’ trade with Iran… Continue reading
Majority Do Not Buy Terror Advisories Rather Go by Intuition
on May 3, 2010 by admin in Africa News, Australian News, Bahrain News, Business, EU News, News, South Africa News, Tourism News, Travel News, US Business News, World Business News, Comments (0)
A recent opinion poll on whether terror advisories altered one’s business itinerary revealed that 54 percent of the respondents went by their intuition and never fell prey to media hype or any such government notifications. The poll which was featured… Continue reading
Uganda Welcomes New Development Plan with Hopes and Doubts
on May 7, 2010 by admin in Africa News, Business, Commentary, Economy, News, Review, Uganda News, Comments (0)
Uganda’s latest offering of the new National Development Plan (NDP) is looked upon by its citizenry with lot of hope as well as misgivings. The failures of past experiments to perk up the economy are forcing people of the country… Continue reading