Stories about Economics & Business from June, 2013
Thailand Cuts Rice Subsidy Price
The Thailand government has announced the reduction of rice subsidy price that it gives to four million farmers. The program was meant to improve the savings of farmers. Critics blame...
Southeast Asia: The Great Haze of 2013
Since last week, a thick haze has enveloped Singapore and some parts of Malaysia caused by forest fires mainly in Indonesia. The haze brought air pollution levels to a record...
Haze Chokes Singapore and Malaysia
Air quality in Singapore and West Malaysia hit hazardous levels after forest fires swept neighboring Indonesia. It's the worst haze in recent years in Southeast Asia. Malaysia has suspended school...
Indonesia Fuel Price Hike Ignites Protests
Indonesia's decision to raise fuel prices has ignited a lot of debates and protests as well. Thousands of students and workers trooped to the streets to condemn the new fuel...
Spanish Taxman Confuses Princess’ ID for Another's in Corruption Investigation
A supposed administrative error by the Spanish tax agency falsely attributing the sale of 13 estates to the Princess Cristina as part of the ongoing corruption case against her husband...
Peru: Anti-mining Protests Against Conga Resume
Starting in the early hours of Monday, June 17, the residents of several villages in Cajamarca headed to Lake Perol, on the grounds of the Conga mining project, to demonstrate...
The Kremlin's Kitchen Serves Up Russia's Free Press
Novaya Gazeta has implicated Vladimir Putin’s favorite restaurant owner in a bizarre scheme to defame several of the country’s most prominent news publications, involving a conspiracy to plant false information...
Russia’s Bid For International Prestige: A White Elephant?
As Putin continues to pursue his policy of using international events like the Winter Olympics to show that Russia is worthy of investment, the country's taxpayers are coming to realize...
‘China Open Mic': Examining China's Development Footprint in Africa
The arrests and the release of Chinese gold miners was the topic of the very first China Open Mic Google hangout organised by China Open Mic Sunday, June 16, 2013....
Rise in Gas Prices Revives Debate over Campaign Promise in Peru
President Humala had promised to set the price to 12 soles (around 4.39 U.S. dollars). But the problem with hydrocarbons is more complex on the international scene.
Orphaned in US, SOPA Finds Home in Russia
America’s controversial Stop Online Piracy Act is back—and it’s poised to become law in a matter of weeks. SOPA, however, isn’t coming to the US, where a wide coalition defeated...
