Stories about Economics & Business from February, 2009
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 Armenian capital, Yerevan. The blog blames the artificial manipulation of the Armenian dram to benefit government-linked importers.
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 after Hong Kong felt the pain from the downturn of global financial crisis. Unlike other areas, our government's finance remains...
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 United Arab Emirates, debate the merits of the union and more importantly what name they want for their new currency.
From Bermuda, Vexed Bermoothes comments on the opposition's response to the government's 2009-10 Budget.
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.
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 and hit the top of YouTube charts. In this post I feature a handful of responses to the speech by Japanese bloggers.
Zhanna writes a post about the rally staged by the leading Kazakhstani opposition party in Almaty.
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 shares his experience of working at a Japanese company. Different business operation styles are introduced. 일본회사에서 근무하고 있습니다. 대기업에서 근무하다가 ...
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 facing and who are responsible for this.
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 strike in any circumstances to put pressure on administration.”
“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 to the Allen Stanford story and wonders where all the socialists have gone.
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 coming to save Taiwan's economy from drowning in global financial crisis and the greatest recession in 50 years. However, most people still have no idea what CECA is, and like all the other issues, it is quickly politicized as a new media battle ground set for the continuous fight between KMT, the ruling party, and DPP, the major opposition party. Bloggers again try to ask key questions and explain the issues deeper on their own.
ringisei is worried that the Copyright Act is being used to “strangle” the blogosphere in Singapore.
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 Robert Mugabe amassed a fortune during his tenure, “Few people know that, when Mugabe travels overseas, the Chief Secretary to...
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.
“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 are disappearing and communication channels are off!!” notes Sha3teely from Jordan.
Grapeshisha discusses the impact of the global economic crisis on Dubai and Abu Dhabi.
Kuwaiti Marzouq attends a fair and shares his observations and photographs in this post.
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 landslides in the country, affecting homes of more than 200 families, and destroying milllions of dollars in properties and crops.
On the 20th of February, the 2008 Alpha Blogger Awards were held in Tokyo. Sponsored by Pringles Chips, the event this year was attended by close to 80 people (including the team of GV Japan), awarding prizes to the twelve posts from the Japanese blogosphere in 2008 that received the most votes on the ABA site.