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Stories about Economics & Business

How children became the worst sufferers of COVID-19 induced lockdowns in India

VideoVolunteers Community Correspondents (CCs) report from the ground on the devastating consequences of COVID-19 lockdowns for primary education in rural schools in India.

Prefecture threatens to sue after being ranked one of the “least attractive” places in Japan

The annual survey asks respondents all over Japan to rank the attractiveness of the nation's 47 prefectures based on 84 different attributes, including natural features, cuisine, and tourist attractions.

Turkey and Armenia ready to ‘normalize relations’ after nearly 30 years

Almost three decades later, Turkey is now considering reopening its border with Armenia. The border has been closed since 1993.

China's reputation challenged by perceptions of low-quality projects and products in Ethiopia

In contrast to the official praise, the Ethiopian public is often critical about the quality of these projects, as well as Chinese products sold in Ethiopia.

‘Sindyanna of Galilee': Extending the olive branch between Arabs and Israelis

'We cannot wait for magical solutions. It doesn’t make sense that a Palestinian and an Israeli live side-by-side and only one is given an identity card and freedom of movement.'

Why are Czech elites being captured by Beijing narratives? 

The ties between outgoing president Zeman as well as economic relationships over the past few years, especially in the media, raise concerns about the public narrative around Sino-Czech relations.

Philippines will allow casinos on world-famous Boracay Island, despite local opposition

“I appeal to our leaders in the province not to allow gambling casino that will destroy our cherished land.”

Pandora Papers: Sixteen Nepalis have illegally invested in offshore companies in overseas tax havens

The Pandora Papers, a global investigation by the ICIJ, has revealed how many Nepali business persons and companies have used tax havens to stash wealth to avoid taxes.

Relations between Turkey and Russia: “It's complicated”

On September 29, the leaders of two countries met in Russian Black Sea city of Sochi to discuss economic and strategic deals and their presence in conflict zones.

Arabophone Chinese influencer divides public opinion in Egypt

Along with growing traffic to her social media platforms came a new tone in Wang's posts. What seemed as sincere patriotic pride, gave way to a seemingly targeted propaganda.

Quirky Japanese promo campaign launches new brand of rice, just in time for harvest season

The official Japan-wide launch of a new rice brand includes a quirky musical commercial, a social media photo contest, and feelings of anticipation for "new rice."

China in Ethiopia: Between a savior and an exploiter?

Whereas some online commentaries celebrate China’s help and contributions to Ethiopia, other discussions on Chinese projects tend to emphasize their exploitative features

Turkey’s Uyghur dilemma in the context of China’s Belt and Road Initiative

As economic ties between Ankara and Beijing strengthened, Turkey's policies on the treatment of Uyghurs in China weakened.

Shooting in Kazakhstan leaves five dead after financial dispute over real estate

A court ordered the eviction of a Kazakhstan family that had defaulted on its bank loan. The head of the household opened fire against the authorities enforcing the eviction.

Chinese firms in Nigeria face widespread labour abuse allegations, tainting bilateral relationship

Nigerians in that company are "mandated to call their Chinese employers master or mistress. Male Nigerian workers are physically assaulted, while their female counterparts are sexually assaulted,” writes a whistleblower.

India’s gasoline dilemma: Double burden of rising prices and soaring demand

As petrol and diesel prices skyrocket, so does demand, almost certainly leading to inflation, and thus adding a greater financial burden to people already hit by unemployment and the pandemic.

France blasts Australia's nuclear-powered submarine deal with US and UK as ‘duplicity’

'I wanted to underline the level of anger that exists here in France at the moment. Your government is an embarrassment, ...the damage regarding the Australian image here is huge'.

COVID-19 pushes Armenian families into poverty

Before Covid-19 struck Armenia, Avetisyan says a steady stream of construction and day labor work kept his family fed and housed. 

Global warming: Sea snot appears on Aegean Sea beaches in Chalkidiki, Greece

In June, a marine heat wave increased the average daily temperature of the Aegean Sea to 28 degrees Celsius, which is whole 4 degrees higher than previous years.

Investigative journalism group OCCRP says it will no longer work in Russia

Drew Sullivan, OCCRP's co-founder and editor-in-chief, said their work in Russia at the moment would do local reporters "more harm than good."

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