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Stories about Economics & Business

Caribbean denounces Trump’s decision to put Cuba back on terrorism list; hopes for a reversal with Biden

Some expect the Biden/Harris administration to re-establish a working relationship with the island; other Cuban commentators find that unlikely. Either way, CARICOM wants Cuba taken off the US' terrorism list.

Nepali Times, a leading English-language weekly, starts 2021 by reviving its print edition

Publisher Kunda Dixit says the print edition has brought in revenue and positive feedback from readers.

Venezuela refuels its territorial dispute with Guyana in area with massive offshore oil find

In the wake of ExxonMobil's discovery of massive energy reserves in Guyana, a centuries-old border dispute between Venezuela and Guyana heats up.

‘Caribbean super salesman,’ Jamaican tourism mogul ‘Butch’ Stewart, dies at 79

Jamaican hotelier Gordon “Butch” Stewart, the self-made businessman who perfected the all-inclusive tourism model for which the Caribbean has become famous, died at a Miami hospital.

New tax on mobile devices threatens digital inclusion in the Democratic Republic of Congo

Critics fear the new tax--the Mobile Device Registry--will reverse the trend of growth in mobile device usage and threaten freedom of expression in the Democratic Republic of Congo.

Rwandan governance during the pandemic: A time for introspection

Months after the implementation of the lockdown order, the Rwandan government has been mute over citizens' demand for food relief support. Is it time to reconsider its governance model?

China’s imposition of electricity restrictions this winter gets a chilly reception

Winter has come, yet many regions in southern China including Hunan, Zhejiang and Jiangxi have recently issued notifications on the limited supply of electricity.

How global tech companies enable the Belarusian regime — and the Belarusian revolution

Belarus has globalised enough for its rulers to be undermined if western technology becomes less accessible, but also globalised enough to reorient itself to larger markets in the East

Google Doodle of economist and Nobel laureate Sir Arthur Lewis makes the Caribbean proud

The St Lucian-born economist, who became known for his “Lewis model” of economic development, was awarded the Nobel Memorial Prize in Economics in 1979.

Hong Kong suppresses political dissent by freezing bank accounts

Pro-democracy activists believe that the banking system is being weaponized by the national security police to crack down on activists and pro-democracy NGOs.

Australia-China relations hit rock bottom after provocative tweet by senior Communist Party official

"A Chinese diplomat's tweet re inquiry into war crimes is breathtakingly, gobsmackingly hypocritical. We are waiting for independent investigations into widespread systematic abuses by China in Xinjiang, Tibet, Hong Kong."

Beijing's misgivings with tech billionaire Jack Ma, as seen by Chinese social media

Many Chinese netizens are wondering how political was the decision to halt Ant Group's IPO, and have dig through the internet to find clues.

Proposed tax on books in Brazil may disadvantage readers in poorer neighbourhoods

The Brazilian government is considering a 12 percent tax on literary works. Cultural initiatives warn that the proposal risks widening existing inequalities in access to reading.

Brazilian food delivery drivers strike against employers, citing poor working conditions

Brazilian delivery drivers have been protesting about their working conditions. The COVID-19 crisis, fall in income, and the lack of support from apps are among the main problems facing them.

Dancehall star Buju Banton’s rejection of mask-wearing stymies Jamaican government’s efforts to stem ‘COVID-19 fatigue’

"Please do not listen to Buju Banton [...] in this case, he is 110% wrong. Wear your mask, wash your hands and socially distance."

During the pandemic, El Salvador hopes to revive tourism with a folkloric art rebrand

"To recover the identity and pride of being Salvadorans, today we launch the destination brand El Salvador inspired by the work of Fernando Llort."

In Belarus, tech workers fear for their industry’s future

Longtime Belarusian ruler Alyaksandr Lukashenka boasts that he has created a "paradise" for Belarusian IT. So why are young tech workers protesting against him — or even moving their businesses...

The Caribbean's case for reparations: Part III

Reparatory justice can play an important role in dealing with challenges like disease, climate change and COVID-19, all of which pose existential threats to the region.

#AnswerUsElonMusk: Russia's indigenous peoples campaign against Arctic pollution

An oil spill in May devastated large swathes of the tundra. Here's how indigenous rights activists joined forces to demand justice from the culprit — Russia's largest nickel producer.

The Caribbean's case for reparations: Part II

"We transformed these broken colonies into functional democracies without any support […] and now we have this debt crisis because we were abandoned by those who plundered our wealth."

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