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· August, 2012

Stories about Economics & Business from August, 2012

30 August 2012

Central African Republic: Less than 3% have Access to Electricity

Tracking Counterfeit Medicines in the Developing World

Some 700,000 people die annually from fake malaria and tuberculosis drugs alone. The WHO reports that the annual earnings from substandard or counterfeit drugs stand at about USD 200 billion....

Chinese Weapons Flooding Africa

29 August 2012

Hungary: Shantytown Destroyed to Help Real Estate Investment

Some 45-50 people have been living in their makeshift shacks in the abandoned woods of District X in Budapest. Some of the residents have built up self-supporting farms, but in...

Mexico: Egg Price Hike Causes Speculation

The increasing price of eggs, a staple in Mexico, has caused speculation and malpractices, as well as discontent and suspicion among consumers. The price of a kilo of eggs has...

Assessing Quality of Life in African Cities

One study on the quality of life in cities across the world reports that, of the ten least liveable cities, six are situated in Africa. However, another finds that the...

28 August 2012

Trinidad & Tobago: Independence & Governance

Lebanese Tourism Pays the Ultimate Price

Recent political upheavals in the region and kidnappings in Lebanon have made tourists, mainly Gulf nationals, flee the country. Lebanese and Gulf netizens react to the development.

24 August 2012

Kyrgyzstan: China Inc. Under Attack

China’s growing economic presence in Kyrgyzstan continues to be a topic for heated discussion in Kyrgyz society. In the country’s regions, this discourse is reflected in acrimonious standoffs between Chinese...

Bermuda: Learning from London

Angolan Tourists Spend Big Bucks in Portugal

'Little by little we see Angolan money starting to dominate businesses and the economic sectors in Portugal.' According to a netizen this is in stark contrast to 70% of Angola's...

23 August 2012

Portugal: The Dark Side of the National Dam Program

The dams in the Programa Nacional de Barragens (National Dam Program) will cost the Portuguese government €16 billion, to be spent on construction, subsidies and interest on loans. Together with...

21 August 2012

Debit Cards in Myanmar

20 August 2012

South Korea: Controversial Launch of Online Music Video Rating

South Korean authorities have launched a new ratings system for music videos posted online. The new bill requires every music video (or promotional video) and even movie trailers to be...

17 August 2012

Guyana: Linden Protests Intensify

The protests in Linden, Guyana have intensified with the recent burning of buildings. Netizen commentary suggests that what began last month as a peaceful demonstration about increased electricity rates has...

Nepal: KFC and Pizza Hut closed in Nepal

Italy: Uncertain Future for Polluting Ilva Steel Plant – and its 12,000 Employees

Europe's biggest steel plant in Taranto, Italy, has been put under judicial seizure: the last chapter of a complex struggle involving high environmental risks and occupational issues. Along with street...

Russia: Millions of Taxpayer Rubles Earmarked for Facebook “Likes”

RuNet Echo

Earlier this week, Aleksei Navalny took aim at a pending state tender for advertising services to aid the state-owned broadcasting company The Voice of Russia. The dispute surrounding VoR and...

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