· May, 2012

Stories about Economics & Business from May, 2012

Bangladesh: Questions Over Indian ‘Tourism City’ Investment Proposal

  31 May 2012

The story of a 10 Billion Taka (US$120 million) investment in Bangladesh has made it into the country's headlines, following a visit by Subrata Roy Sahara, chairman of Sahara India Pariwar, one of India's largest business conglomerates. The group are planning to develop a 40 square kilometre housing project situated approximately 50 kilometres from Bangladesh's capital Dhaka.

Qatar: Deadly Blaze in Shopping Mall

On May 28 a fire broke out at Doha's Villaggio Mall, leaving 19 dead, 13 of whom were children. The children were trapped in a nursery within the mall, and they and four teachers died of smoke inhalation. Two firefighters died as they attempted to rescue them.

Myanmar: Power Shortage Protests Spread

  25 May 2012

Power blackouts in several Myanmar towns triggered peaceful protests in the country. Several protesters were detained but it didn't stop the gathering of ordinary residents and consumers who are angry over the electricity shortage. The protesters also want the government to explain why it continues to sell power supply to China despite the electricity shortage in the country

Germany: #Blockupy Protests Against Pan-European Austerity

  21 May 2012

'Blockupy' protests against the austerity measures being implemented in the Eurozone shook the financial epicenter of Europe - Frankfurt - last week. Online social networks buzzed with citizen reports on the mobilizations that occurred under massive police presence and repression.

Ethiopia: G8 Summit Casts Fresh Light on Ethiopia

  18 May 2012

Netizens have stepped up their effort to draw attention to Ethiopia’s independent media situation as the G8 Summit approaches. Ethiopia's Prime Minister Meles Zenawi and three other African heads of state are expected to attend. The upcoming G8 Summit in the United States will be held at Camp David in Maryland from 18-19 May, 2012.

Ukraine: Yulia Tymoshenko's Plight and Euro 2012

There must be some corners on the web where football fans are still having apolitical discussions of Euro 2012, scheduled to take place in Poland and Ukraine from June 8 to July 1. For the past few weeks, however, the upcoming sporting event has featured prominently in arguments and discussions among those who seem more interested in the Ukrainian and European politics than sports.