Posts In Category Economy

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 […]

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Pak Engineering Sector Aims to Step-up Exports by Gov Backup

on April 30, 2010 by admin in Business, Current Events, Economy, Export News, Government, News, Pakistan News, Trade News, Comments (0)

Pakistan’s Engineering sector has urged its government to have a bifocal approach on its export strategies instead of solely relying on textiles. A workshop on National Engineering Exports Development Strategy […]

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Saudi Arabia Broadens Business with US on a Grand Scale

on April 29, 2010 by admin in Africa News, Business, Economy, News, Trade Deals, Trade News, US Business News, World Business, Comments (0)

The ongoing two-day US-Saudi Business Opportunities Forum, a first of its kind, has become a venue for the Saudi kingdom to woo US with investment opportunities worth more than $250bn. […]

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US-Cuba May Hammer out a Deal Soon Despite Divergences

on April 27, 2010 by admin in Bilateral Trade, Economy, News, Saudi Arabia News, US Business News, World Business, Comments (1)

The two events, the legislation passed by the US House of Representatives easing travel and trade restrictions and recent municipal election in Cuba suggest the US will end the 48yr-old […]

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UN Report Warns Neglect of Water and Sanitation to Nullify Progress

on April 22, 2010 by admin in ASEAN News, Africa News, Economy, India, News, Comments (0)

According to a UN study on water and sanitation, the economic growth of every country is directly linked to its progress made in providing potable water and sanitation facilities. It […]

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Dubai Realty Firms Squeeze Clients for Mirages

on April 12, 2010 by admin in Economy, GCC News, Qatar News, Trade News, UAE News, World Business News, Comments (0)

Until the global credit crisis rocked the Dubai real estate projects, way back in 2008, people continued to invest in these projects blindly without any logical personal debt management. The […]

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Peru Hopes Tourism Bonanza by Re-opening Machu Picchu

on March 29, 2010 by admin in Economy, Tourism News, Trade Deals, Trade News, Travel News, Comments (0)

Machu Picchu, Peru’s largest tourist destination is all set to re-open on April 1 after it was forced to close in January due to heavy rains that destroyed railway line […]

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India Womens Bill Tied to Population Control and Economic Growth

on March 10, 2010 by admin in Economy, Global Economy, India, India News, Comments (0)

In economic parlance, any entity’s development and growth is judged by its economic capabilities of maximizing returns and minimizing expenditure. Likewise, the proposed Women’s Reservation Bill of India is designed […]

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Greece Needs Pragmatism not Post mortem

on March 2, 2010 by admin in Economy, Global Economy, Trade News, World Business News, Comments (2)

Greece, the EU member state, which is experiencing a severe economic crisis, has literally become a thorn in the flesh to the Union. Initial analysis on the ongoing crisis indicates […]

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Kenya Takes Over Sri Lanka as Largest Tea Exporter

on February 26, 2010 by admin in Africa News, Economy, Export News, Global Export News, Indian Exports, Sri Lanka News, Sri Lankan Business, Trade News, Comments (0)

In the latest data provided by the Tea Board of Kenya indicate that the country has usurped the throne of Sri Lanka for the first time as the biggest tea […]

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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 […]

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Chavez Devaluation Missile Ravages French Retail Chain

on 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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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Fading Memories of Vendetta and Resolve to Coexist Transform Rwanda

on December 23, 2009 by admin in Africa News, Economy, Tourism News, Trade News, Travel News, World Business, Comments (0)

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 […]

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GCC to Perk Up on Low Realty Cost

on December 22, 2009 by admin in Bahrain News, Dubai News, Economy, News, Trade News, Comments (0)

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 […]

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Argentina Sees Remarks by US Envoy as Political Posturing

on December 18, 2009 by admin in Bilateral Trade, Economy, Global Economy, Trade Deals, Trade News, Tradeoff, US Business News, World Business News, Comments (0)

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 […]

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Iran Sends Team to Scout for More Business in Iraq

on December 16, 2009 by admin in Economy, Global Economy, Iranian Business, Iranian News, Trade Deals, Trade News, World Business News, Comments (0)

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 […]

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EU Phyto Sanitary Recognition to Boost Mexican Exports

on December 15, 2009 by admin in EU News, Economy, Global Export News, Trade Deals, Trade News, Comments (0)

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 […]

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Australia Outperformed Rest of Advanced Nations

on December 14, 2009 by admin in Australian Business, Australian News, Economy, Trade News, World Business News, Comments (0)

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 […]

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Russia to Lead Gas Exporters – Reinforces its Position

on December 12, 2009 by admin in Economy, Global Economy, Russia News, World Business News, Comments (0)

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 […]

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Growth of Cheap Fakes Continue to Hurt Cell Phone Majors

on December 9, 2009 by admin in China Business News, Economy, Export News, Trade News, World Business, Comments (0)

Gartner, a market research firm has stated in its recent report that knock-offs or cheap imitations of branded mobile phones would double their growth by this year to eat away […]

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