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· September, 2010

Stories about Economics & Business from September, 2010

Trinidad & Tobago: The Big Question

  30 September 2010

Continuing his examination of the terms of the CLICO bailout, Afra Raymond asks the $57,000 question: “‘If the CL Financial group is insolvent, then how are we paying for all this?’”

Cuba: “En Practica”

  30 September 2010

In the wake of massive public sector layoffs, how exactly are the rules for proposed self-employment going to work? Generation Y says: “Like a repertoire of destitution and dependency, this enumeration of private work seems more in tune with a feudal village than a 21st century country”, while El Yuma...

China and the U.S.A: Yuan's value and stock market's move

  30 September 2010

George Chen notices a coincidence happened before the China national day: Goldman Sachs chose the day to sell up to $2 billion-worth of shares of its stake in Industrial and Commercial Bank of China and the U.S. House of Representatives passed the China currency bill by a vote of 348-79.

Argentina: Clarifying Myths about Tierra del Fuego

  29 September 2010

In Patria SI, Colonia NO, Gabriel Carol clarifies [es] five myths about Tierra del Fuego, an archipelago in the southernmost tip of Argentina. These myths include that Tierra del Fuego is unsafe, that it invests a lot of money in education, and that the region depends on its natural resources.

Bahamas: Straw Saga

  28 September 2010

Jerome Pinder at Weblog Bahamas says that the straw vendors who have been charged in the United States for the purchase and export of knock off luxury goods “have become the symbol of a lawless society.”

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Singapore: Minimum Wage Debate

  28 September 2010

Should the Singapore government impose a minimum wage policy? Hong Kong’s recent decision to adopt a minimum wage policy has sparked a debate in Singapore as to whether the prosperous city state should also fix the minimum wage of workers.

Iran: Strike at Bazzar

  28 September 2010

Part of Iran bazaar closed to protest VAT increase in last two days. Gold bazzar is on strike in Tehran and a film in You Tube “shows merchants in Iron bazzar are on strike”.

Dominican Republic: “The numbers do not add up”

  27 September 2010

“This week in the main newspapers we saw many numbers that were supposed to reflect the state of the economy and the public administration's financial solvency. More than offering certainties, they caused more doubts,” analyzes journalist and blogger María Isabel Soldevila in Con mis ojos [ES].

Haiti: Slow Going

  27 September 2010

“Nine months after the devastating earthquake, many are criticizing the slow pace of relief for Internally Displaced Persons (IDP) in Haiti”: The Haitian Blogger reports.

Trinidad & Tobago: Sweetheart Deal

  27 September 2010

“For those of us who did not invest with CLICO, the mere idea of our taxpayers’ funds being used to rescue those who placed high-return deposits is deeply offensive. Both the CL Financial chiefs and the depositors who took the chance at investing at those incredible rates of return are...

Guyana: Leadership Style

  27 September 2010

“Envisage a country vibrant in idea exchanges and energetic businesses unafraid of political repercussions”: The Guyana Groove says that her homeland “could be a fully vibrant and thriving nation, but the authoritarian leadership has instead created a stifling and oppressive environment…”

Bangladesh: Income Tax Fair

  26 September 2010

Bauani informs that the tax authority in Bangladesh is arranging a tax fair (26-30 September, 2010) to increase awareness about Income Tax issues among the people of Bangladesh and provide more information to them.

  24 September 2010

Public policy expert and blogger Sergio Marxuach recently commented that Puerto Rico's recession [ES] has already lasted 54 months, and that there seems to be no end in sight. His post is in response to the NBER‘s announcement that the US recession ended on June 2009, after 18 months: the...

Peru: Hydroelectric Project Raises Concerns

  23 September 2010

The blog Warmiboa [es] shares its concern about hydroelectric project Corina, which would divert water from two rivers (Huallaga and Marañón) to the coast in order to irrigate the desert, causing “unpredictable consequences.” The blogger explains that this project would affect the people of Loreto, who suffer from a lack...

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