Posts from category World Business News

US Trade Delegation Makes SOS Trip to Columbia

on August 11, 2010 by admin in Business, Canada News, Latin American Business, Trade Deals, Trade News, US Business News, World Business News, Comments Off

More than 100 industrialists from the US are touring Columbia to identify potential areas of trade, and maximize their business prospects under the new regime before it is too late as the new president of Columbia is equi-distant in ideology… Continue reading

Lewis Turning Point of Chinese Economy May Improve Quality

on June 21, 2010 by admin in ASEAN News, Business, Economics, Economy, Global Export News, News, Trade News, Tradeoff, World Business News, Comments Off

The recent strikes at Honda and other factories in China for pay hike have to be construed as the fallout of the dearth in obtaining ‘qualified’ workers and the rapidly changing mores of the Chinese workforce. Guangdong, Jiangsu, Zhejiang, Shandong… Continue reading

Afghan Serendipity Exposes US Interests in Business of War

on June 15, 2010 by admin in Business, China Business News, Economy, Global Economy, India, India News, Opinion, Politics, Research, Review, Russia News, Saudi Arabia News, Trade News, US Business News, World Business, World Business News, Comments Off

It was always a mystery why most military powers constantly attempted to occupy often portrayed derelict Afghanistan, but with the latest discovery of the country being seated over more than $1tn precious mineral deposits lays it to rest instantly. According… Continue reading

Overarching Trade Promotions by Turkey to Power Growth

on June 14, 2010 by admin in Business, Cameroon News, Economy, Export News, India News, News, South Africa News, Trade Deals, Trade News, World Business News, Comments Off

The Turkish government through various trade programs is ensuring that its economy will grow by more than 12 percent in the coming quarters. The one such program is the “Turkey-World Trade Bridge 2010 (TWTB) meet” conducted by the Confederation 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 Off

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

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 Off

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

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 Off

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

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 Off

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

ACTA to Play God on Online Activities – Overrides WIPO Role

on April 21, 2010 by admin in Africa News, Asia Pacific Trade, Australian Business, B2B Business, Bilateral Trade, Canada News, China Business News, E-Commerce, EU News, Global B2B, India, India News, Pakistan News, Switzerland News, Trade News, World Business, World Business News, Comments Off

The Anti-Counterfeiting Trade Agreement (ACTA) which will be released on Thursday from New Zealand is expected to put tabs on most e-activities on the basis of piracy or copyright infringement. Moreover, the accord is also likely to slight the existence… Continue reading

Aviation Industry May Take Months to Recover from Volcanic Losses

on April 16, 2010 by admin in Asia Pacific Trade, Aviation News, Business, Canada News, China Business News, Dubai News, EU News, Global Economy, Iceland News, Trade News, Travel News, US Business News, World Business, World Business News, Comments Off

The volcano under Iceland’s Eyjafjallajokull glacier which erupted on last Wednesday for the second time in a month is likely to inflict huge losses to global trade, particularly to the aviation industry as passenger and cargo movement has come to… Continue reading

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 Off

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 fallout – both builders and clients could not keep their… Continue reading

Carbon Reduction by NZ Relies on Progress Achieved by Others

on April 8, 2010 by admin in Australian Business, Australian News, EU News, New Zealand News, Trade News, US Business News, World Business News, Comments Off

New Zealand Climate Change Minister Nick Smith told Radio New Zealand that the implementation of Emission Trade Scheme (ETS) would be based on the progress actualized by other developed countries, especially Australia, the US, Japan and Europe. He said if… Continue reading

Russia to Source Poultry and Meat from India

on March 30, 2010 by admin in Export News, Global Export News, Import News, Indian Exports, Trade Deals, Trade News, World Business News, Comments Off

Russia will look at India apart from Turkey and Thailand to satisfy its poultry demand to tide over the shortage created by lack of supplies from the US and Brazil. The poultry imports from the US and Brazil are banned… Continue reading

Haitians Sceptical about US Re-build Formula

on March 24, 2010 by admin in Haiti Economy, Trade Deals, Trade News, US Business News, World Business News, Comments Off

Most of Haiti’s population, who are left bereft of their loved ones and homes by the Jan 12 devastation of 7.2 magnitude earthquake is seemed to have woken up to the reality that everything happening in its country in the… Continue reading

Canadians Urge Export Ban and Human Right Status for Water

on March 24, 2010 by admin in Canada News, Export News, Import News, Trade News, US Business News, World Business News, Comments Off

On the World Water Day, the Canadians have brought up the long pending issue of water regulation and export ban before Prime Minister Stephen Harper to prevent the country being wiped out of limited fresh water resources. The Council of… Continue reading

China to Effect Huge Policy Changes to Promote Trade

on March 8, 2010 by admin in Africa News, China Business News, Export News, Import News, India, India News, Indian Exports, Trade News, World Business, World Business News, Comments Off

According to the recent National People’s Congress and the Chinese People’s Political Consultative Conference (CPPCC) sessions, China is expected to consider serious changes in its exim policy while re-balancing its economy. Though exports will continue to remain the focal point… Continue reading

WTO Could be a Stage to Resolve Google-China Faceoff

on March 4, 2010 by admin in China Business News, E-Commerce, Trade News, US Business News, World Business News, Comments Off

At the behest of Google, the Obama administration is reviewing the options of complaining to the World Trade Organization (WTO) over the Chinese censorship of Google Inc., the search engine powerhouse and other affected companies. The alleged Chinese action is… Continue reading

Greece Needs Pragmatism not Post mortem

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

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 a likely domino effect on the Eurozone, and the resuscitation… Continue reading

New Nature-friendly Plastics to Revolutionize Global Industry

on February 24, 2010 by admin in Trade News, UK News, Uncategorized, World Business, World Business News, Comments Off

A versatile bio-degradable plastic being developed by a group of scientists at the Imperial College London is all set to transform the packaging industry as well as the healthcare. According to the research team, the economically and commercially viable plastic… Continue reading

GCC Becomes the Largest Food Importer

on February 17, 2010 by admin in Business, Dubai News, GCC News, Import News, Kuwait News, Pakistan News, Qatar News, Trade News, UAE News, World Business News, Comments Off

According to the World Trade Organisation (WTO), the GCC is the biggest importer of food in the world by buying more than 90 percent of its total needs. The GCC’s very high reliance on external food sources virtually pushes 36mn… Continue reading

N-Korean Redenomination Boomerangs – Economy Collapses

on February 4, 2010 by admin in China Business News, North Korea News, World Business News, Comments Off

Several reports suggest the fizzled out redenomination or currency swap enacted by North Korea to contain inflation has literally brought the country to its knees. Last November’s decree which gave citizens one week to surrender/exchange 100,000 old won (North Korean… Continue reading

El Nino Impact – Rice Prices to Skyrocket

on February 4, 2010 by admin in Business, E-Commerce, Export News, Import News, World Business, World Business News, Comments Off

Based on the last month’s report on El Nino by the US Climate Prediction Center, the global rice production as well as other food products will be drastically impacted by the ongoing climatic phenomenon. El Nino, characterized by a warming… Continue reading

China to Tax E-tailers as an Act of Internet Regulation

on February 4, 2010 by admin in China Business News, E-Commerce, World Business News, Comments Off

China’s Administration for Industry and Commerce will soon keep tabs on its online businesses to check fraud and generate revenue through one of the country’s fastest growing industries. A new proposal which is expected to be rolled out by mid-March… 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 Off

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

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 Off

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