Posts from category Economy

Switzerland Prepares for a Historic FTA with China

on August 17, 2010 by admin in Bilateral Trade, Business, China Business News, Economy, Swaziland News, Trade Deals, Trade News, Comments Off

The Swiss President Doris Leuthard’s week-long visit to China is likely to make Switzerland once again a first mover from Europe to sign an FTA with China as it had established diplomatic ties 60 years ago. The Swiss Embassy to… Continue reading

China Okays Iran Sanctions – Yet Holds Trade with Impunity

on August 11, 2010 by admin in Bilateral Trade, China Business News, Economy, Global Export News, Iranian Business, Iranian News, Saudi Arabia News, US Business News, Comments Off

The recent sanctions against Iran hammered out by the US and like-minded countries targeting energy and banking sectors have become more blatantly farcical when China resumed oil trade with Iran even after the embargo came into effect. Desperate moves by… Continue reading

Australian Opposition Unfurls Trade Map Ahead of Polls

on August 9, 2010 by admin in Australian Business, Australian News, Business, Economy, Export News, News, Trade News, Comments Off

The Nationals’ leader Warren Truss revealed that a Coalition government at the centre would restore funding to exporters and appoint an ambassador for trade reforms and specialist trade representatives for Australia’s manufacturing and service Industries. An Abbott government would increase… Continue reading

Syria, Turkey, Lebanon and Jordan Sign Quadripartite FTA

on August 8, 2010 by admin in Business, Economy, Export News, Comments Off

Turkey will join an economic bloc comprising of the Middle Eastern states such as Syria, Lebanon and Jordan ahead of the protracted accession to the EU. Last weekend, the four nations jointly agreed to follow up on creating a free… Continue reading

Cambodia Garment Strike Spotlights on Labor Rights

on July 30, 2010 by admin in ASEAN News, Economy, Malaysia News, News, Review, Trade Deals, Trade News, Comments Off

The wraith of global meltdown is still resonating in some form or the other in most outsourcing dependent countries. The recent Cambodia garment workers’ strike turns out to be a perfect case in point to the premise. On Tuesday, the… Continue reading

Your Drink Can Help Some Farmers Get Living Wages

on July 27, 2010 by admin in Africa News, Business, Economy, Mexico and the US, People, Comments Off

TransFair USA, a non-profit organization and a third-party certifier of Fair Trade (FT) products in the US has now launched FT-labelled vodka which ensures farmers from Bolivia to fetch commensurate earnings for their produce. The organization has added on Fair… Continue reading

Kuwait Out-reaches to South America for Bettering Ties

on July 15, 2010 by admin in Business, Economy, Export News, Latin American Business, Comments Off

A high profile delegation headed by the Prime Minister of Kuwait Sheikh Nasser Al Mohammed will begin its tour of South America on Wednesday. The three-week trip to nine countries including Antigua and Barbuda, Cuba, Brazil, Argentina, Chile and Mexico… Continue reading

Indo-Bhutan Power Trade to Reciprocally Obviate Dearth

on July 10, 2010 by admin in Bilateral Trade, Business, Economy, Export News, Import News, India, India News, Indian Exports, News, Trade Deals, Trade News, Comments Off

India’s plan to create over $1bn sovereign-backed fund to boost trade and investment for domestic power utilities in South Asia will largely benefit Bhutan to fund its power distribution projects to its remote areas. Riding high on generating 45 percent… Continue reading

EU Prez Tours West Balkans to Assuage Fears on EU Accession

on July 6, 2010 by admin in Albania News, Economy, EU News, Kosovo News, Serbia News, Trade News, Turkey News, Comments Off

The European Union President Herman Van Rompuy has made a whirlwind trip to the Western Balkan states starting from Slovenia through Croatia, Serbia and Kosovo to demonstrate the Union’s commitment for expansion. The EU head’s visit to the countries that… Continue reading

Normalcy in Kyrgyzstan Weigh beyond Parliamentary Democracy

on June 30, 2010 by admin in Business, Economy, EU News, Kazakhstan News, Opinion, Politics, Russia News, Trade News, US Business News, Comments Off

Despite a referendum for parliamentary democracy, the future of Kyrgyzstan depends a lot on the foreign policy for the country by Russia and the US. Russia along with the US backed the decision to go ahead with the referendum from… Continue reading

Unproductive Rubber Tree Rejuvenation a Success in Liberia

on June 25, 2010 by admin in Africa News, Business, Canada News, Cheap Energy, Economy, Environment, EU News, Trade News, Comments Off

An initiative to make use of old rubber trees by a Canadian renewable energy firm in Liberia is reaping rich dividends to the country’s economy. The project is reported to have helped the farmers to get cleared of the old… Continue reading

Discarded Plastic Bottles Provide Housing for Poor in Lat-Am

on June 23, 2010 by admin in Africa News, Blog, Economy, People, Comments Off

The ubiquitous plastic bottles, a serious menace to nature is becoming a key raw material in building houses for the low income families of Latin America. The brain behind this project is understood to have drawn inspiration from a need… 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

Serbian Businesses Find Croatian Markets Unwelcome

on June 18, 2010 by admin in Bilateral Trade, Business, Economy, Export News, Import News, Trade Deals, Trade News, Comments Off

The Serbian businesspeople feel that though their country has opened doors to the Croatian firms and products since 2000, the Serbian companies are still not welcome in Croatia. According to a story appeared in the Politika, a Belgrade daily and… 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

Financial and Banking Methodology Helps Cambodia to Sustain

on June 10, 2010 by admin in ASEAN News, Business, Economy, News, Trade News, Comments Off

Cambodia’s World Bank country manager Qimiao Fan on Tuesday said that Cambodia’s financial and banking regulations have assisted the country to sustain during the tumultuous times of global economic uncertainties. While addressing the workshop on corporate governance, the World Bank… Continue reading

OAS Meet to Heed TI Recommendations

on June 9, 2010 by admin in Business, Economy, Latin American Business, News, Trade News, Comments Off

The Organization of American States (OAS) in its 40th General Assembly in Lima is understood to have taken into consideration the recommendations by Transparency International (TI) to improve transparency and accountability in the region. The meet which is attended by… Continue reading

World Oceans Day 2050 would be a Fishless Celebration

on June 1, 2010 by admin in Canada News, Chile, Economy, Environment, Global Economy, News, Comments Off

According to a recent UN report, the World Oceans Day June 8 designated and celebrated by the UN since last year would be a fishless one in 2050 if the fishing industry failed to restructure itself. The United Nations Environment… Continue reading

Strike Paralyses SA with More in Store Ahead of World Cup

on June 1, 2010 by admin in Africa News, Business, Economy, News, South Africa News, Trade News, Comments Off

South Africa (SA) continues to reel under the ‘strike’ bogey with transport strike nearing end while others surfacing. A likely strike by half of the workers at state-owned power utility Eskom and another by civil servants, including nurses, police and… 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

China Initiates Huge Private Participation in Energy Sector

on May 19, 2010 by admin in Business, China Business News, Economy, News, Trade News, Comments Off

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 Off

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 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

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 Off

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