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· March, 2012

Stories about Economics & Business from March, 2012

31 March 2012

Slovakia: Paying More Due to Corruption in the Area of State Tenders

Tibor Blazko highlights the ongoing public debate on corruption in the area of state tenders in Slovakia.

Myanmar: Responsible Tourism

Taiwan: Failed ‘Made in Taiwan’ Clothing Promise Disappoints

Upon its success in establishing its market, former 'Made-in-Taiwan' fashion brand, Lativ, has decided to relocate its production line overseas. Many of its supporters feel betrayed.

Bulgaria: Construction of the Nuclear Power Plant “Belene” Cancelled

The Bulgarian government announced the cancellation of the construction of the nuclear power plant "Belene" on March 28. This controversial project and the consequences of its halt drew quite some...

30 March 2012

Spain: General Strike Across Cities and Neighborhoods

Hundreds of people took the streets around cities and neighborhoods in Spain yesterday to participate in a general strike (29M) to protest against proposed government cuts to indispensable social services....

27 March 2012

Russia: Kenyans at Pro-Putin Rally Identified As Moscow Circus Acrobats

RuNet Echo

A month ago, the video of a group of anonymous Kenyan men, who allegedly participated in a pro-Putin rally, received much attention on the RuNet. One blogger recognized the Kenyans...

26 March 2012

Nigeria: Okonjo-Iweala’s Bid for World Bank’s Top Job Creates Ripples

Ngozi Okonjo-Iweala from Nigeria is the only woman on the race for the World Bank presidency. Need anyone be surprised that her ambition is raising ripples online? Ever since NOI...

Palestine: Gazans Suffer Due to Fuel and Electricity Shortage

Over the past decade, the words “Gaza” and “crisis” have become almost complementary. The crises have ranged from war and military raids and invasions, to military occupation, and in this...

Senegal: Wade Warned New President Sall of Shortage in Public Funds

22 March 2012

Italy: Protests Blaze Over High-Speed Rail to France

The last few weeks have been particularly important (and controversial) for the "No Tav" movement, which, since 1981, has opposed the construction of a high speed train line between Turin...

21 March 2012

Spain: Are You For or Against EuroVegas?

The CEO of Las Vegas Sands, multibillionaire Sheldon Adelson, has decided to establish his next hotel-casino complex EuroVegas in Spain. If the Spanish government seems enthusiastic about this project, the...

France: Protests in Marseille against the Privatisation of Water

20 March 2012

Hungary: An Eventful Celebration of the National Holiday

The prime minister compares the country to a frog; a rapper is elected as "the alternative president"; far-right protesters break into the IMF office; a techno party is held at...

19 March 2012

Cambodia's First IPO

Philippines: Electric Jeepneys

Russia: “Anatomy of a Protest” Film Causes “NTV Lies” Scandal

RuNet Echo

On Sunday, March 18, there were old TV sets, a mock coffin, and plenty of flowers and cookies outside the Ostankino TV tower in Moscow, where a few hundred protesters...

18 March 2012

Slovakia: Corruption, Parliamentary Elections, and SMER's Comeback

The March 10 victory in the Slovak parliamentary elections is not the first one for the SMER-Social Democracy party. Formerly a communist, now a social democrat, the party's leader Robert...

Puerto Rico: The New Greece?

The financial analyst Cate Long, in her blog on Reuters.com, highlights the similarities between Greece's and Puerto Rico's economies. Her column became a target of attacks by the governor of...