Posts from category World Business
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
GCC Puts Oil and Gas Exports at $18.3tn
on May 25, 2010 by admin in Africa News, Business, Export News, GCC News, Kuwait News, News, Saudi Arabia News, Trade News, World Business, Comments Off
The head of Dubai International Financial Centre (DIFC) while addressing the second day of the MENASA (Middle East, North Africa and South Asia) Forum in Dubai said with the presumption of average oil price at $50, the current value of… 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
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 Off
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. A delegation of about 200 which includes prominent state officials… 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
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
Thailand Cements Ties with Bahrain with Investment Plans
on March 3, 2010 by admin in Bilateral Trade, Trade Deals, Trade News, World Business, Comments Off
A delegation led by Thai Trade Commissioner Kiat Sittheeamom which comprised representatives from a cross-section of business firms from Thailand presented its interest in exploring varied sectors of Bahrain economy to Prince Salman bin Hamad Al Khalifa during its visit… Continue reading
Vietnam Dismisses Taiwanese Charges on Chinese Goods
on March 1, 2010 by admin in Business, Export News, Import News, Trade Deals, World Business, Comments Off
A Vietnamese trade representative to Taipei rebutted the allegations of dried day lily from China being routed through his country to bypass Taiwanese restrictions on Chinese agricultural products. His reaction came after the Taiwanese opposition, the Democratic Progressive Party (DPP)… Continue reading
Migrant Workers Fuel e-Wallet Growth in the Gulf
on February 24, 2010 by admin in Africa News, Business Communication, E-Commerce, India News, Malaysia News, Trade News, UAE News, World Business, Comments Off
The current mobile phone finance players and aspiring entrants are vying among one another to extract a higher share of the future market of mobile payments, the latest mode of payment among migrant workers, by joining forces with current mobile… 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
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
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
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 Off
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 its high demand and lucrative business potential. But a recent… Continue reading
S-Korea Plans 2nd Capital City with Incentives to Investors
on January 7, 2010 by admin in Trade News, World Business, World Business News, Comments Off
The changed plans for Sejong city, located about 130kms south of Seoul, from administrative township to a science-business one will take off after a nod from the parliament with incentives for all establishments including domestic as well as foreign investors.… Continue reading
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 Off
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 while he said that Israel and Palestine should learn from… Continue reading
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 Off
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 more than 10 percent of the market share of legitimate… Continue reading
India Awaits Major Surge in Investments from the GCC
on November 23, 2009 by admin in Business, Economy, GCC News, India, World Business, Comments Off
The Indian Ambassador to Qatar, Deepa Gopalan Wadhwa told the 12th Industrialists’ Conference, organised by the Gulf Organisation for Industrial Consulting that her country was expecting a surge in investments from the GCC bloc in view of the potential investment… Continue reading
Malaysia and China Prepare Road Map for Future Growth
on November 11, 2009 by admin in Business, Trade Deals, Trade News, World Business, Comments Off
The Chinese President Hu Jintao arrived on Tuesday in Malaysia to commemorate the 35th anniversary of diplomatic ties between both countries, and met Prime Minister of Malaysia, Datuk Seri Najib Tun Abdul Razak. Later, Najib informed that Malaysia and China… Continue reading
Collective Effort Needed to Stop Illegal Ivory Trade
on November 2, 2009 by admin in Business, E-Commerce, Trade News, World Business, Comments Off
It is evident now that the two decades of a law to ban poaching of elephants has done very little to stop illegal trade of ivory which is going on unabated particularly in Africa, and many other parts of the… Continue reading
Bahrain MPs Plump for Snapping Ties with Israel
on October 31, 2009 by admin in Business, Economy, World Business, Comments Off
Despite strong opposition from the government, the Bahraini lawmakers have passed a bill to totally disconnect with Israel which includes travel and trade. The bill needs clearance by the consultative council, a 40-member body appointed by the king to get… Continue reading
India Plans to Boost Its Industry through New Defence Policy
on October 30, 2009 by admin in Business, Economy, Trade Deals, World Business, Comments Off
In an apparent attempt to engage domestic players into its main stream of defence production, India has released the new Defence Procurement Procedures (DPP) that would enable the Indian firms to make an entry through ‘Buy and Make’ policy. It… Continue reading
Plans of Asia-Pacific Integration through Single Currency
on October 28, 2009 by admin in Asia Pacific Trade, Business, Economy, US Business News, World Business, Comments Off
Asian leaders have once again brought up the idea of common currency at the 4th East Asia Summit (EAS) which opened on Sunday, where ASEAN members along with others including China, Japan, South Korea, India, Australia, and New Zealand met… 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