Stories about Economics & Business from April, 2009
Cayman Islands: Same Old
“This election has the potential to again be nothing more than ousting current politicians who do very little and replacing them with politicians who are entirely incapable of bringing their generalizations to life”: The Cayman Islands’ Blog Man is afraid it's politics as usual for his country's upcoming elections.
China: The Beijing Consensus
Few are calling China's overseas investment strategy a Consensus comparable to the Washinton/IMF model, so how then best to describe it? Tom Orlik at China Translated explores a few alternate understandings.
Kazkahstan: Major bank admits default
Zara writes an update on entry of the state in BTA Bank. “The subsequent shift in ownership have eventually led to aggravation of the situation around the country’s largest private bank’, she says.
Kazakhstan: Expansion of the Uranium Industry
Joshua Foust reports that Kazakhstan is aggressively internationalizing its uranium industry by opening new mines, establishing high-profile international partnerships and lobbying for the global uranium fuel bank.
China: Year of the solar
Julian Wong at The Green Leap Forward scans the plans the “California of China” has to boost solar power projects this year and for the coming few.
China: Green stimulus omissions
Beijing has earmarked a substantial portion of its economic stimulus package for environmental protection; Charlie McElwee at the China Environmental Blog shows us just how far that money has gone.
Cuba: Path to the Future
“This little accessory hanging from the hip could well come to be all the newspapers we lack at the kiosks”: Cuba's Generation Y has faith in the potential of SMS to be a reliable source of information.
Jamaica: Mad Tax
Abeng News Magazine‘s Michael Spence says: “The new gas tax added in the latest Jamaican national budget is bad but when you tax reading material…this has to come from a government that has gone mad and is intent on helping the poor to get poorer.”
Jamaica: Career Crime?
“In times of economic downturn, crime pays”: Jamaica Salt is saddened that “more and more Jamaicans are taking up robbery as a professional career.”
Egypt's First Independent Union Formed
Egypt's real estate tax collectors have formed their first independent trade union since 1957. In addition to local recognition, the union has won international legitimacy after being accepted in the international body Public Services International. One blogger follows the developments from their start until the moment of triumph - with hundreds of photographs.
“Cashing In On Swine Flu: How Ethical Is That?”
Svetlana Gladkova of Profy shares her “doubts about people shamelessly cashing in on the hysteria surrounding the latest threat to the human race – the swine flu.”
Indonesian minister thinks swine flu could be man-made
Indonesian Heath Minister Siti Fadilah Supari thinks it is possible that the swine flu could be man-made “to boost pharmaceutical companies’ profits.”
Fiji: New rule creates thousands of retirees
A recent government decree in Fiji orders all civil servants 55 years and older must retire Thursday, April 30. The new rules affect any person working within Fiji’s government, police force and prisons service. Previously, those workers would be employed until turning 60.
St. Lucia: Ideas on the Strike
As members of the civil service take strike action in St. Lucia, Sun Rain Or… says: “It would be a welcome change is if St. Lucians found the time and impetus not to go back to inaction in between this and the next crisis.”
Hungary: NY Times’ Coverage
Pestiside.hu writes about the New York Times’ coverage of Hungary.
Czech Republic: Blog Roundup
A Czech roundup: Czechmatediary – on the new translation of the Bible into contemporary Czech and on Albert Einstein's Prague connection; CzechFolks.com – on xenophobia, job market, and the Brno Expats Forum online community; The Journeys of Captain Oddsocks – on bone churches and the liberation of Plzeň 64 years...
Qatar: Video of Unpaid Workers Sparks Debate
The harsh realities facing migrant workers in Qatar was at the centre of a discussion on Qatar Living after an Al Jazeera English report highlighted their plight recently. The video zooms in on the lives of construction workers, whose livelihood was impacted by the economic crisis, some of whom haven't be paid for up to four months.
Cuba: Strike of the Period?
Cuba's ration market for feminine hygiene products is not always reliable, prompting Generation Y to envision “a ‘Strike of the Period,’ a massive protest marked by the ovulation cycle.”
India: Why Vote For Congress?
Harini Calamur at the Point Of View gives logic why she is voting for the Congress Party in the Indian Elections 2009.
Trinidad & Tobago: Re-engineering
“In Trinidad and Tobago engineers and scientist are not encouraged to build and innovate”: This Beach Called Life explains.
Jamaica: Gas Tax
“I've come to the conclusion that there is some irrational link between the price of gas in Jamaica and public tolerance levels”: Annie Paul thinks that the imposition of the gas tax is “long overdue”.