· May, 2012

Stories about Economics & Business from May, 2012

Bangladesh: Questions Over Indian ‘Tourism City’ Investment Proposal

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.

31 May 2012

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.

29 May 2012

Myanmar: Power Shortage Protests Spread

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

25 May 2012

Armenia: Fascist Rubo (Hayrapetyan)

With anti-gay hysteria breaking out in nationalist and official circles, Unzipped: Gay Armenia now reports that Ruben Hayrapetyan, a ruling Republican Party MP and President of the Armenian Football Association,...

24 May 2012

Qatar: Shopping and Phones Permitted!

Netizens in Qatar have responded indignantly to an article published on the Sydney Morning Herald website, which claimed that Qatari women were not allowed to go shopping, and did not have easy access to technology.

23 May 2012

Germany: #Blockupy Protests Against Pan-European Austerity

'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.

21 May 2012

Ethiopia: G8 Summit Casts Fresh Light on Ethiopia

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.

18 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.

17 May 2012