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Stories about Economics & Business

9 October 2015

Will Prayers Help Zambia's Currency Gain Value? President Lungu Thinks They Might

"Praying for a currency to improve means you don’t understand economics. The depreciation of the Kwacha is not the devils work."

‘Doubles’ Increase Sends Trinidad & Tobago Foodies Into Tailspin

Sellers of doubles, the nation's most beloved breakfast food, caused outraged when they announced a one dollar increase, despite the fact that the raw materials cost has remained the same.

The Dark Side of Hydropower in Bhutan

Bhutan depends heavily on its hydroelectric industry, but some bloggers worry that the country may be getting carried away with this industry.

8 October 2015

‘Running on Fumes'—Trinidad & Tobago Faces $8.5 Billion Deficit

Trinidad and Tobago's new government delivered its maiden budget speech in parliament this week. While many feared the news wouldn't be good, they didn't quite expect this...

7 October 2015

Chinese Women Spend Their Holiday Protesting Botched Cosmetic Surgery in South Korea

The majority of Chinese netizens weren't sympathetic to the women's protest. "Why have people in this land become so vain?" one commenter wrote.

6 October 2015

Solar Power Is Booming in India, But Will It Reach Those Who Need It Most?

As renewable energy ramps up, entrepreneurs work to bring its benefits to the 300 million citizens who lack electricity.

4 October 2015

Where Will China's Anti-Graft Campaign Go?

The Chinese government's anti-graft campaign, aimed at weeding out corrupt government officials, has been criticized for hindering economic growth and seen as an excuse to crack down on political opponents.

3 October 2015

Jamaicans to UK Prime Minister: Get Over Slavery? ‘You First.’

"David Cameron must listen with an open heart and mind to the call for reparations, and have the courage to do what is right."

2 October 2015

A Quake-Ravaged Nation Now Faces Indian Blockade. Welcome to Nepal.

Officials in Nepal have accused India of imposing an “unofficial economic blockade,” as it is preventing Indian trucks carrying supplies from entering Nepal near the Madhes border zone.

1 October 2015

New Leak Details Kremlin’s Plans For a Russian ‘National Internet’

RuNet EchoGlobal Voices Advocacy

The leak by Anonymous International reveals plans for the concept of a “national information platform” in Russia, which effectively describes the creation of an alternative Russian Internet.

27 September 2015

China's State-Owned Enterprise Reform Is Missing the Point, Economists Argue

China is launching a reform of its state-owned enterprises, but economists argue the plan is too conservative and won't help address the issues of pervasive corruption and market dominance.

Consumers and Activists Take Action in Singapore to Stop Haze Pollution

"As consumers, we can contribute towards our collective fight against haze pollution by making informed and responsible purchases."

21 September 2015

Most Bangladeshi Garment Workers Are Women, But Their Union Leaders Weren't—Until Now

Recent disasters in Bangladesh's garment industry have left hundreds of workers dead or injured. Women workers are taking more of a leadership role in the struggle to unionize.

20 September 2015

What Could a Protest of Taxi Drivers in Lisbon and Jakarta Possibly Have in Common? Uber!

Uber is challenging the taxi business concept all around the world. Portuguese taxi drivers are reacting very seriously: with protests. The same is happening in Indonesia.

18 September 2015

Russia's Favorite Beer-Eating Patriot Has Now Burned, Eaten, and Stomped on 20,000 ‘Dollars’

RuNet Echo

This week, Baretsky burned up, chewed up, stomped on, and then sprayed with beer a stack of dollars and euros. He said it was about $20,000—his supposed life savings.

Photos Show How Badly the Haze Is Affecting Southeast Asia

As a forest fire sends a thick haze above Indonesia, Malaysia, and Singapore, face masks have become the fashion du jour for those venturing outdoors.

15 September 2015

A Hong Kong Business Magnate ‘Runs Away’. Chinese Netizens Ask, Why Shouldn't He?

In an article that was quickly removed, a think tank affiliated with the Chinese government slammed Li Ka Shing for moving his business away from Hong Kong and mainland China.

13 September 2015

Haze Returns to Southeast Asia as Indonesia's Forest Fires Reach Critical Level

Smoke from forest fires in Indonesia has led to hazy skies in Malaysia and Singapore as well. Social media users reacted with concerns about health and jokes about "Haze Runner."

#NoVatOnEducation Student Movement Is on the Rise in Bangladesh

“Constitution requires free universal education, but government proposes tax on education.” A new value-added tax on private university tuition meets with disapproval and mass protests in Bangladesh.

12 September 2015

In Northern Thailand, Massage Training Gives Female Prisoners a Second Chance

Every day, a line of customers wait patiently to book massage appointments at the Vocational Training Center. Slots fill up quickly, and many people are told to try again tomorrow.

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