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· August, 2011

Stories about Economics & Business from August, 2011

Cambodia’s Sand Pirates

  31 August 2011

Residents in a Cambodian province complain against the negative impact of sand dredging in their area. Tons of sand from Cambodia are allegedly shipped to Singapore which are used to build beach resorts.

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Brazil: Mozambique Cedes Land to Brazilian Agribusiness

  30 August 2011

Mozambique is ceding 6 million hectares of land to Brazilian farmers. The idea is to draw on the Brazilian experience in the Cerrado, a biosphere similar to the African savanna, where industrial cattle grazing and soy plantations have already devastated 80% of the richest grasslands in the world.

Trinidad & Tobago: Thoughts on the SoE

  29 August 2011

Outlish puts forward four reasons “why…the state of emergency should not be extended”, while KnowTnT.com sums up the first week of the SoE “from a few different angles.”

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Bahamas: Riding Out Hurricane Irene

  25 August 2011

As Hurricane Irene, the first of the 2011 Atlantic hurricane season, continues to move through the Bahamas, bloggers have been sharing their experiences. Netizens reported very strong winds, extensive damage to property, felled trees and downed power lines. Several roofs were blown off and there were reports of flooding in certain areas.

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Chile: #Paronacional (National Strike) vs. #Yonoparo (I Don't Strike)

  24 August 2011

The Workers' United Center of Chile has called for a national strike for the 24 and 25 of August 2011, as a form of protest against social and economic inequality in Chile. On Twitter, reactions for and against this protest have been echoed on the hashtags #paronacional (national strike) and #yonoparo (I don't strike).

Africa: The Potential of Local Brain-Drain

  24 August 2011

What is the potential of local brain-drain in Africa? Read Idd Salim's post: “We all know African Tech Solutions. Ushahidi, Mpesa come to mind. Apps made by Africans for Africa. Because African solutions are made on an empty stomach, they address a REAL need. A real problem. Not AngryBirds. HungryCoders....

Chile: Explaining the ‘Chilean Revolution’

  24 August 2011

Setty, a journalist living in Chile, explains ‘the Chilean revolution': “Chile is supposed to be the stodgy, conservative, institutionality-respecting corner of South America, where nothing ever happens. But this is changing as the public runs out of patience after centuries of being told that if they wait and work hard,...

Russia: Intoxicating Economics

  24 August 2011

Streetwise Professor argues against the bad economics of promoting Russian wine production to turn consumption patterns from stronger to weaker alcoholic beverages in order to fight the country's rampant alcoholism.

Singapore: GDP and economic realities

  23 August 2011

Despite its high GDP, many Singaporeans are experiencing economic difficulties. The Logic of Faith believes that there is a “fundamental disconnect between abstract categories and concrete realities.”

Haiti: Grim Housing Situation

  23 August 2011

Haiti Grassroots Watch investigates whether “the 634,000 people still living in Haiti’s 1,001 camps, and the undoubtedly tens of thousands of others living in unsafe and even condemned structures [will] soon move to safe housing” and discovers an upsetting answer.

Azerbaijan: Tourism – from potential to realization

  23 August 2011

Having returned from an enjoyable vacation in Indonesia, Aaron in Azerbaijan compares the experience with what Azerbaijan has to offer and notes such problems as the quality of customer service as well as the infrastructure in place. While the blog notes that the country has much potential for tourism, it...

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Peru: Customers Show Support for Ripley Department Store Employees

  22 August 2011

Peruvian social networks are buzzing with talk about the temporary closing of a Ripley department stores. Although the closing of the store is officially in accordance with the lack of a security certificate issued by the Civil Defense, it has come about in the middle of a long conflict with its employees.

Nigeria: Two Satellites Launched

  22 August 2011

Wadr.org reports [fr] that ” Nigeria announced on Thursday that it had launched two satellites to monitor natural hazards, such as drought and floods, as well as to improve agriculture and security”.

Lebanon: Smoking Banned

“The Lebanese Parliament endorsed a law that bans smoking in public or closed spaces. The law also bans any sort of tobacco advertising and promotions….” reports Moudz, who added that “Non-smokers have been overjoyed today with the news filling up the social timelines with their expressions of approval.”

Nepal: Salary Hike For The VVIPs

  20 August 2011

Guffadi reacts to the salary increase of Central Assembly members, Ministers and Heads of the State by saying that they should not get more than the average income of the Nepalis since they have a lot of perks and amenities.

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