Posts from category Global Economy
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
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
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
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 Off
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
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
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
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
Russia to be Less Reliant on Food Imports
on February 8, 2010 by admin in Global Economy, Import News, Kazakh Business, Largest Wheat Exporter, Russia News, Trade News, Turkey News, US Business News, World Business, World Grain Forum, Comments Off
According to RIA Novosti, the President of Russia, Dmitry Medvedev has approved a plan to boost domestic food production and reduce the country’s dependence on imports. Russia plans to enhance its food production through a new food policy which is… 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
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 Off
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 recently concluded 5th North East Business Summit at Kolkata, the… Continue reading
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 Off
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 doubts over legal insecurity in Argentina – a stark contrast… Continue reading
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 Off
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 counterparts. This is the second time in this month a… Continue reading
Russia to Lead Gas Exporters – Reinforces its Position
on December 12, 2009 by admin in Economy, Global Economy, Russia News, World Business News, Comments Off
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 Forum (GECF). The GECF leadership in the hands of Russia… Continue reading
EAC Exports to be taxed by EU Due to Delay in EPA
on December 9, 2009 by admin in Africa News, Economy, Global Economy, Kenya News, Trade Deals, Trade News, Comments Off
The European Union has informed the East African Community (EAC) that the failure or delay in signing the Economic Partnership Agreement (EPA) would lead to taxes on the exports of the EAC-member states. In a recent release by the EU… Continue reading
Developing Nations barring China Joint Hands to Cut Tariff
on December 5, 2009 by admin in Bilateral Trade, Business, Economy, Global Economy, World Business News, Comments Off
The trade representatives from 22 nations of developing and emerging economies at the sidelines of the three-day WTO ministerial meet have signed an accord to reduce industrial tariffs. According to the deal, the signatories have agreed to cut tariffs at… Continue reading
Survey Finds No Country is Immune to Economic Crimes
on November 20, 2009 by admin in Business, Economy, Global Economy, Trade News, World Business News, Comments Off
PricewaterhouseCoopers’ (PwC) bi-annual Global Economic Crime Survey which gives exhaustive data on the business frauds found that no country was immune to corporate frauds. The findings of the survey indicated that besides the global economic stress, one-third of the organizations… Continue reading
UN Urges Online Haves to Chip in to the World Food Basket
on November 18, 2009 by admin in Business, Economy, Global Economy, Comments Off
The UN is pinning hopes on its “A Billion for a Billion” campaign, which appeals internet users to donate $1.50 or €1 a week to combat global hunger after the three-day UN food security summit ended on a dismal note.… Continue reading
Honduran Economy Checkmated by Political Impasse
on October 26, 2009 by admin in Business, Global Economy, World Business, Comments Off
Since showing steady growth at 7 percent in the past few years, one of the most successful growths in the Latin America, Honduras is divided today between ousted President Manuel Zelaya and the interim government to push the country’s economy… Continue reading
Trade is Top Priority to Pakistan Now
on October 19, 2009 by admin in Bilateral Trade, Business, Economy, Global Economy, Pakistan News, Trade Deals, Trade News, World Business, Comments Off
Reeling under the bogey of growing militancy and terrorism, Pakistan is making a fresh effort to engage with countries which are interested to do business with them. The recent engagements with Cuba, Italy and South Korea besides initiations on FTA… Continue reading
UN Says Surge in World Trade Failed Workers of Poor Nations
on October 14, 2009 by admin in Business, Economy, Global Economy, World Business, Comments Off
A joint study by the United Nations agencies has stated in its report that the two decade of stupendous global trade growth did not make any meaningful contribution in improving the working conditions and living standards of majority workforce in… Continue reading
Indo-US FTA will be a Reality if Agriculture is excluded
on June 30, 2009 by admin in Global Economy, Trade Deals, Trade News, US Business News, World Business, Comments Off
FICCI president Harsh Pati Singhania while concluding his week-long trip to the US stated that instead of waiting for long, it was in the interest of both the countries to move forward with an Indo-US FTA excluding agriculture. FICCI, the… 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