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· February, 2009

Stories about Economics & Business from February, 2009

Armenia: No dollars in Yerevan

Life in the Armenian Diaspora reports that panicked citizens have been converting their local currency so frantically that there are now no dollars to be found at exchanges in the...

Hong Kong: Budget report: university students on sale!

Financial Secretary of Hong Kong John Tsang made the budget speech for the fiscal year 2009-2010 at the Legislative Council on 25 of February. This is the first budget report...

GCC: Currency Dilemma for Arab Gulf Consumers

The Gulf Cooperation Council (GCC) hopes to achieve a monetary union, with a common currency, by 2010. Bloggers from the region, which groups Bahrain, Kuwait, Saudi Arabia, Oman and the...

Bermuda: Budget Response

From Bermuda, Vexed Bermoothes comments on the opposition's response to the government's 2009-10 Budget.

Guyana: The Ripple Effect

The far-ranging effects of the CL Financial failure have now reached Guyana. One blogger has been assiduously following the latest developments...

Armenia: Dollar Panic

The Armenian Observer reports that many in the country are rushing to change their local currency into dollars and limits have been introduced at currency exchanges.

Japan: Bloggers on the Nakagawa affair

Over a week has passed since now-infamous footage of Japan's former finance minister Shōichi Nakagawa stumbling through a 20 minute speech at the G7 meeting in Rome made world headlines...

Kazakhstan: Rally of the opposition

Zhanna writes a post about the rally staged by the leading Kazakhstani opposition party in Almaty.

Korea: Economic downturn and which companies have the best chances for survival.

While all of us hope the economic downturn is over soon, it seems that it’s a long term battle. Companies are cutting employees or decreasing their business scope. A netizen...

Nepal: Load Shedding Woes

For a country where there is an average daily power cut of 14 hours it is hard to carry on with normal life. Bibek Paudel discusses the challenges Nepal is...

Nepal: Strike Culture

Freedom In Bhutan discusses the strike cultures of Nepal and comments:”I wonder how illogical, non sensible and irresponsible have Nepalese grown to. I pray my countrymen Bhutanese will never call...

Aruba: Calling the Socialists

“Some Arubans are also affected because they invested in Stanford's company and are now, as we say in quaint Dutch, sitting with the baked pears”: Arubagirl examines her government's reaction...

Taiwan: CECA, economic elixir or poison?

CECA? Neither a new game console from Japan nor another evil science project that is going to bring this world to an end? But according to the Government, CECA is...

Singapore: Copyright Act and blogosphere

ringisei is worried that the Copyright Act is being used to “strangle” the blogosphere in Singapore.

Zimbabwe: How Mugabe Steals

Denford Magora reveals how Zimbabwean President, Robert Mugabe amassed wealth during his tenure. I promised a few days ago to share with you information from impeccable sources on just how...

Barbados, Trinidad & Tobago: Injunction

Barbados Free Press finds it “interesting” that the Trinidad and Tobago Central Bank and the Colonial Life Insurance Company Limited (CLICO) have been granted an injunction against CL Financial.

Jordan: Economic depression?

“I don’t know what is going on lately, but I feel that everyone around me are in a hibernation mood. Businesses are not moving. Everything is running very slowly. People...

UAE: Dubail Out?

Grapeshisha discusses the impact of the global economic crisis on Dubai and Abu Dhabi.

Kuwait: Crowded Fair

Kuwaiti Marzouq attends a fair and shares his observations and photographs in this post.

Brunei: Fund drive for flood victims

As part of the efforts to collect donations for flood victims, charity drives have been organized in recent weeks in Brunei. The heavy downpour last month caused heavy floods and...

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