· November, 2008

Stories about Economics & Business from November, 2008

Korea: The Birth of Internet Netizen Legend

  30 November 2008

A new Hong Gil Dong [EN] emerged on the Internet of Korea! A netizen who is just known as “Minerva” started writing his economic analysis in Agora—a Netizens’ panel— in a major portal site, Daum from 2007. He predicted the collapse of Leman Brothers, sudden jump in the foreign exchange...

China: Taxi Driver Strike, Union and Street Democracy

  30 November 2008

Taxi drivers from around the country have been in strike for a month. The first protest appeared in Chongqin in November 3, then it spread to Hainan, Gansu, Yunnan, Shandong, Qingdao, Jinan, Fujian, Shantou, Wubei, Shaanxi and etc. Tomorrow (1 of December), it is likely that Guangzhou will have another...

Central & Eastern Europe: Obituaries

  30 November 2008

Edward Lucas re-posts The Economist‘s obits of Mieczyslaw Rakowski, a Polish Communist journalist and politician, who died on Nov. 8, and of Boris Fyodorov, a Russian economic reformer, who died on Nov. 20. Borut Peterlin notes the death of Vilko Filač, the “cameraman of Emir Kusturica’s best movies.”

Ukraine: Taras Kuzio on Yushchenko

  30 November 2008

Taras Kuzio analyzes “the achievements and failures and unfulfilled expectations of the last four years” in Ukraine – here and here, and also writes that president Yushchenko “had over-focused on the issue [of Holodomor] to the detriment of contemporary political and economic concerns.”

Russia, Ukraine: Party News

  30 November 2008

The Ivanov Report writes about last week's 10th Congress of the ruling United Russia party: “The victors have suddenly realized that as the ‘leading political force of the country’, it's their job to deal with the crisis and face its inevitably negative political and social consequences.” Taras Kuzio reports that...

Jordan: Amman's November Fuel Crisis

  29 November 2008

When Jordan's government proposed adjusting fuel prices according to the rise and fall in the international markets on a weekly basis, gas station owners protested and for a period of about 10 days refused to buy fuel from the main refinery demanding that prices are to be adjusted on a monthly basis. That, in turn, resulted in a severe shortage in fuel from many gas stations in Amman. Bloggers picked up the issue, and here is what some of them had to say.

Sleepless and stranded in Thailand

  29 November 2008

There are more than a hundred thousand stranded passengers in Thailand and nearby countries after anti-government protesters forced the shutdown of Bangkok’s two major airports. What are the views of some of the stranded passengers, Bangkok residents and the now world infamous protesters?

Japan, S. Korea, China: the Second International Congress of Asian Hemp Industry

  29 November 2008

Blogger Takashi reports [jp] on the Second International Congress of Asian Hemp Industry (第2回アジア大麻産業国際会議) held in Donghae (Korea) at the Hangzhong University from the 20th to the 23rd of November, 7 years after the first congress took place. Participants from Japan, China and South Korea [jp] debated the hemp industry...

Latvia: The Crisis and Freedom of Speech

  29 November 2008

Free Speech Emergency in Latvia wrote on Nov. 22: “A university lecturer was arrested for two days for making comments at a public discussion of the economy, while a musician was questioned for joking about taking money out of a bank during a concert.” More coverage of the situation –...

Puerto Rico: Status Quo?

  28 November 2008

“Our struggle for self-determination, to be free from outside impositions, is ideological and it is not what's best for the majority of the people who live here”: Gil the Jenius answers some tough questions about Puerto Rico's status.

Haiti, Venezuela: Chavez's Change

  28 November 2008

The Haitian Blogger believes that Venezuelan President Hugo Chavez is the driving force behind “a global change agenda that gives voice to the poor and dispossessed.”

Cuba: Indebted

  28 November 2008

“If Cuba was a household, the repo man would have been sent in a long time ago”: Child of the Revolution examines Cuba's balance sheet.

India: Mistakes, Media and Mumbai

  28 November 2008

The terror attacks have brought more media attention to Mumbai. The world is now aware and cautious of the situations in India. Many countries have already issued travel advisory for the visitors to India. The English Cricket team has called off its participation in the upcoming test series. And the...

Thailand: Protesters occupy airports

  28 November 2008

Thousands of anti-government protesters have occupied Bangkok’s two airports which paralyzed air travel in Thailand. The protesters want the elected government to be removed.

Bulgaria: Inadequate Media Coverage

  28 November 2008

Veni Markovski writes about a recent case of misrepresenting Bulgaria in the International Herald Tribune and posts his letter to the editors. He also writes about the European Commission's decision to cut funding to Bulgaria (and so does The 8th Circle), and about Sofia mayor's explanation for a recent earthquake...

China: Worry on the striking, 4-trillion stimulus plan

  27 November 2008

Global economy is stumbling, and neither can China stay out of the trouble. On 9, Nov, a striking stimulus plan, totally of 4 trillion yuan, was announced to public by the central government. Stock market was encouraged, so was the confidence of global market as it signals China’s pledge to...

Madagascar: Land deal with Daewoo finally rejected by authority

  26 November 2008

Mahefa Rakotomalala writes at L'express de Madagascar that the alleged land deal with South Korean company Daewoo has been officially rejected by the Malagasy government. The minister of land reform explained in a press release to local newspapers that anyone can request to lease an unlimited amount of land but...