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· October, 2008

Stories about Economics & Business from October, 2008

U.S.: Ivanov for Obama

Massachusetts-based Eugene Ivanov of Ivanov's Report explains why he is voting for Barack Obama.

Ukraine: Update on the Economy and Politics

Leopolis explains in detail the current economic and political situation in Ukraine: “The stakes are high: Ukraine's economic health, its image for international investors, and a risk of default. Just...

Sri Lanka: Tea industry in crisis

Serendipity reports that the Sri Lankan tea industry is in crisis because the international buyers of tea have stayed away from the auctions due to credit crunch.

Ukraine: Hryvnia Exchange Rate Cheating

Ukrainiana posts and translates a TV news item on how some Kyiv banks are manipulating hryvnia exchange rate to earn some cash.

U.S and South Korea: Currency Crisis and Korean Students in the US

Yoon Jeong Kim writes on how the currency crisis affects Korean students life in the U.S at Ohmynews!

U.S and South Korea: Currency Swapping Plan

Andy Jackson from the Marmot's hole blogs about the U.S and South Korea currency swapping plan. The blogger finds it a win-win deal.

Japan: Thoughts on Itochu trading scam

On October 10th, Itochu Corporation announced that it had paid close to one hundred billion yen in false transactions valued at nearly 100 billion yen to Mongolian suppliers for construction...

Ukraine: MPs Are Fighting, Hryvnia Is Sinking

Ukrainiana reports that while Ukrainian legislators are busy fighting, “the asking price for the U.S. dollar reached Hr. 7.0942, up from Hr. 6 last Friday” – and up from Hr....

Cuba, U.S.A.: Voting on the Embargo

The United Nations General Assembly yesterday approved a resolution condemning the U.S. embargo. For the seventeenth year running, the vote went in favor of the Cuba-sponsored resolution and bloggers -...

Trinidad & Tobago: The Price of Progress

Maximilian Forte, writing at Review of the Indigenous Caribbean Center, posts a video of Trinidadian calypsonian King Austin's song Progress, which he calls “a critique of the ideology and practice...

Bangladesh: Banks dominate in DSE listings

Bangladesh Corporate Blog analyzes the capital market of Bangladesh and finds that banks dominate 11 of the top 20 spots of listed companies in the Dhaka Stock exchange (DSE). The...

Kazakhstan: Blocked Bloggers Discuss Economics

Although LiveJournal, the major blog platform on the post-Soviet space, including Kazakhstan, is still not accessible through the national telecom monopolist Kazakhtelecom, Internet enthusiasts find their way to express their...

China: Crisis and Opportunity

Chinayouren discusses the optimism and pessimism on the global financial crisis in China.

Recession hits Singapore

Singapore is a major financial center in the world. It is also one of the richest countries in Asia. Unfortunately, it is not immune to the economic aftershocks caused by...

Dominica: State of Affairs

Caribbean Man says that “Dominica isn't a failed state…we are a stagnant state.”

Trinidad & Tobago: Not Adding Up

“Last month the record 2008-9 budget of nearly TT$50 billion was based on an assumed oil price of $75 a barrel. At the time, the price was well above that....

Bermuda: Gambling with the Future?

As the government considers introducing internet gaming to the island, both FreshieBlog and Vexed Bermoothes think that it is a bad idea, saying that it “could taint Bermuda’s reputation as...

Japan: Refunds from Saizeriya

News that Saizeriya [ja], a Japanese restaurant chain offering low-cost Italian food, is offering refunds for people who ate pizza with melamine-tainted dough — without asking for receipts — has...

Tax incentives to invest Africa: chance for development or more Françafrique?

Le Pangolin [Fr] posts an excerpt from Le Journal du Dimanche on a new provision that would reduce taxes for French companies that invest in developing countries, “especially in Africa.” According...

New law gives tax incentives to French companies investing in Africa

Le Pangolin discusses a new provision offering tax incentives to French companies who invest in developing countries [Fr] in particular Africa.  

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