Posts tagged Economy

India Womens Bill Tied to Population Control and Economic Growth

on March 10, 2010 by admin in Economy, Global Economy, India, India News, Comments Off

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 to maintain the momentum of the country’s growth through a… Continue reading

Sandstorms Shrink UAE’s Solar Power Generation

on August 10, 2009 by admin in Business, Economy, World Business, Comments Off

The solar power production at the first and largest solar power plant of the UAE and the Middle East and North Africa (MENA) region has been hit badly due to last week’s extreme sandstorm conditions. The week-long dust clouds around… Continue reading

India Pitted Against with China in Ban Game

on July 29, 2009 by admin in China Business News, World Business, Comments Off

China has warned India that it would also clamp restrictions on Indian food products including seafood and sesame oil if India did not remove ban on its dairy products. China reacted following India banned imports of chocolates and chocolate products… Continue reading

Geithner Trip to Guarantee Investment Safety to the Mid-East

on July 13, 2009 by admin in Economy, GCC News, World Business, Comments Off

The US Treasury Secretary Timothy Geithner in his two-day visit to the Middle East is likely to make serious effort to allay his country’s largest investor region’s fears over the US dollar’s volatility and depreciation. Geithner is expected to reassure… Continue reading

Fake Items are on the Rise in the EU – Seizures Double

on July 13, 2009 by admin in Business, Trade News, World Business, World Business News, Comments Off

The European Commission in its latest report stated the customs seizures of fake goods have grown by about 125 percent in 2008 from the previous year. It said China maintained its position as the major source of origin by accounting… Continue reading

World’s Largest Solar Project to Transform Energy Domain

on June 26, 2009 by admin in Business, Economy, News, World Business, Comments Off

Guenter Gloser, deputy foreign minister of Germany in an interview to Reuters said the world’s largest solar project, the German-led consortium Desertec would create win-win environment for both Africa and Europe particularly to the Mediterranean Union states. The $554bn project… Continue reading

Up to $1.5 trillion to be siphoned from Global Stimulus

on June 23, 2009 by admin in Business, Economy, Global Economy, World Business, Comments Off

Kroll Global Fraud Report warned that if preventive measures were not taken, a portion of the global economic stimulus package would end up in the hands of fraudsters waiting in wings. The report has come out with a four-pronged formula… Continue reading

Iran Offers Solution for Japan to Overcome Economic Turbulence

on June 5, 2009 by admin in Economy, Iranian Business, Iranian News, News, Trade Deals, Trade News, World Business, World Business News, Comments Off

During the last week’s joint seminar by Iranian and Japanese chambers of commerce held in Tokyo, the chairman of Iran’s Chamber of Commerce, Industries, and Mines, Mohammad Nahavandian said that his country had presented immense trade opportunities for Japan to… Continue reading

India and ASEAN Iron out Differences – the FTA to be concluded in October

on May 28, 2009 by admin in Bilateral Trade, Business, Economy, Recent Summit, Trade Deals, Trade News, World Business, Comments Off

According to the Indian government sources, the India-ASEAN FTA will be a reality in the forthcoming ASEAN Summit in October as all outstanding issues had been sorted out by both parties. Although India and ASEAN had concluded the talks for… Continue reading

Australia and New Zealand Criticize the US Subsidies to Dairy Exports

on May 25, 2009 by admin in Australian Business, Australian News, Business, Dairy News, Dairy Trade, Economy, Global Economy, New Zealand News, News, Protectionism, World Business, Comments Off

The US move to re-introduce subsidies to 92,000 tons of dairy exports including milk powder, butter and cheese has been decried by both major dairy producing nations New Zealand and Australia. Prime Minister of New Zealand, John Key stated the… Continue reading

During China Visit the Brazilian Prez Reiterates the Need to Depart from USD

on May 21, 2009 by admin in Bilateral Trade, Business, Economy, Global Economy, Comments Off

President of Brazil, Luiz Inacio Lula da Silva in his visit to China reiterated that both countries should work towards integrating respective currencies in their bilateral trade and thereby reduce transaction costs by eliminating the charges on currency exchange. Even… Continue reading

Blue-tongue Virus Scare Forces the UAE to Impose Restrictions

on May 19, 2009 by admin in Bilateral Trade, Business, Cargo News, Dubai News, News, Shipping News, Tradeoff, UAE News, World Business, Comments Off

The World Organisation for Animal Health’s (OIE) report on the resurfacing of the blue-tongue disease among animals in some countries of Europe has alerted the UAE to take preventive measures to contain the virus from entering the country. On reports… Continue reading

The US-SACU Trade Deal Hits Roadblock

on May 12, 2009 by admin in Botswana News, Business, Economy, Global Economy, Lesotho News, Namibia News, News, Protectionism, South Africa News, Swaziland News, Trade Deals, Trade News, US Business News, World Business, Comments Off

The Obama administration has categorically stated that they had no interest to move forward with the free trade negotiations with the five-member Southern African Custom Union (SACU) due to the failure of several rounds of talks. The SACU comprises of… Continue reading

Indo-Chilean FTA after Indian Elections

on May 12, 2009 by admin in Business, Chile, Economy, India, Trade Deals, Trade News, World Business, Comments Off

At an Indo-Chilean business co-operation forum organized by Bengal National Chamber of Commerce & Industry (BNCCI) Ambassador of Chile to India Alfonso Silva Navarro said that both countries should plan to upgrade the present Preferential Trade Agreement (PTA) to a… Continue reading

Trade Talk Failures – WTO Has to Address the Needs of Domestic Markets

on April 4, 2009 by admin in Business, Economy, Protectionism, Trade Deals, Trade News, Tradeoff, Uncategorized, World Business, World Business News, Comments Off

Initially, globalization was looked upon as a unifying agent for international business and multi-lateral trade. But lately, the hypothesis of opening up markets in the name of globalization is perceived as a threat to domestic markets and small businesses alike.… Continue reading

The US Government Takes Tentative Steps to Check the Economic Slow Down

on April 3, 2009 by admin in Business, Economy, News, Trade News, US Business News, World Business, Comments Off

Ever-since, the cowboys of business started leaving the US in search of their treasure in Asia- Pacific region, the government and laymen were left high and drive. Gradually, along with the big boys of business the money too went away… Continue reading