Stories about Economics & Business from October, 2013
South Korea Wants to Regulate Online Gaming Like Drugs and Alcohol
Earlier this month, South Korean lawmakers proposed a bill that regulates online gaming in a similar fashion to drugs and alcohol because of its addictive elements.
South Korean Tear Gas Being Used in Bahrain?
Bahrain interior ministry allegedly ordered 1.6 million teargas canisters to use against protesters, and South Korean company DaeKwang is believed to be one of the major suppliers. R. Elgin wrote in Marmot's Hole blog about the ironic history of tear gas– a notorious symbol of Korean government's clampdowns back in...
Construction of 1 Billion Euro Resort Begins in Montenegro
Luštica Bay, near Tivat on the Montenegrin coast, is being developed by Swiss Orascom Development into a large-scale resort bay and marina. The resort is a colossal undertaking in the small Adriatic country and will spread across a 6.8 million square meter coastal area. The total value of the project...
Opposition MPs Suspect Foul Play as Croatia Airlines Prepares for Privatization
Some members of the Croatian parliament, all of different opposition parties, have voiced their concern in past days regarding safety issues that Croatia Airlines has had in recent weeks and, in particular, the unusual media attention these incidents have received. Croatia Airlines is currently being prepared for a long-awaited privatization...
Everyone Suffers in Manila Traffic
Filipino journalist Iris Cecilia Gonzales writes about how people suffer from Manila's notorious street traffic: When one is stuck in traffic in Manila's streets, there's no escape. Everyone suffers — whether you're driving a sleek Rolls Royce or a moving piece of junk; whether it's with a red plate or...
VIDEO: The Human Cost of Development in India
A proposed steel plant is threatening the homes and livelihoods of residents in Jagatsinghapur, India. Activists are fighting an uphill battle against the governments and company behind the project.
Singapore Rejects Proposal to Define Poverty Line
Singapore "is known for defining everything" including "the exact number of people that constitutes an unlawful assembly." But surprisingly, the richest country in the world has not yet defined poverty
Race Against Time for Ill Former Samsung Workers in South Korea
Samsung employees suffering from work-related illnesses face an uphill legal battle for recognition and compensation. Recently, there has been some positive developments.
Codeshare Request from Serbia's New Airline Met with US, EU Pushback
The oldest and largest airline trade association in the United States called the request bizarre. Serbian media has so far chosen to ignore the story.
South Korea: Labor Worker's Posthumous Victory Over Samsung
South Korean conglomerate Samsung has come under fire for their notorious labor violations. ‘International Campaign for Health and Labour Rights of Samsung Electronics Workers‘ explains about South Korean Court's recent ruling that orders industrial-accident payouts to the bereaved family of a former Samsung employee who died of leukemia.
Nicolás Maduro's First Six Months as President of Venezuela
Venezuela is sitting on top of the largest oil reserves in the world and has a continual flow of dollars coming in. So they are not on the brink of a collapse. But they are progressively sliding into the swamp of serious economic dysfunction that will make sustained growth difficult...
“Let Russians Sweep Their Own Streets”: Minorities Ponder Ethnic Violence
Non-ethnic Russians have been keen to express their views on the Biryulyovo riots online, using the language common to many of them - Russian.
Why I'm Not Giving Up On Politicians (Yet)
Madagascar's political situation can seem hopeless, but Lova Rakotomalala has still decided to actively support one of the candidates in October 25's presidential election. Here's why.
Three Reasons Why Young Indians Don’t Become Entrepreneurs
Abhinav Sahai has a theory to explain why young Indian talents do not usually end up as entrepreneurs. They give more priority to marriage, kids and buying own property, he thinks.
Property Bubble In Kathmandu
Chandan Sapkota reports that the rise in the cost of housing in Kathmandu has made them beyond the reach of most of the Nepalese people. Easy bank credits to developers and prospective buyers have possibly triggered the bubble.
Media Factory Accepting Applications for New Media Projects in Latin America
Media Factory, a startup accelerator focusing on “the business of online news and journalism”, is accepting applications from journalists who want to create a digital news outlet in Latin America, as Angela Buenrostro explains in the Journalism in the Americas Blog: Teams must have an idea of what they want to...
Nepali Journalist Arrested For Sharing News On Facebook
Aakar Anil reports that Dinesh Acharya, the Editor of Nepali business weekly Share Bazaar, has been arrested on 30th September 2013 in Kathmandu, Nepal on charges of sharing a news article on a Facebook page. He was detained on charges of violating the controversial clause 47 of the Electronic Transaction...
The Kremlin's Internet Takeover: A Surefire Flop
When it comes to technology, the Russian government makes up in ambition for what it lacks in competence. Earlier this week, state-controlled telecom Rostelecom announced a government-sponsored Internet search engine.
Media Ignores Farmers and Disabled Advocates Occupying Mumbai Train Station
The group brought traffic to a standstill at the station, but news outlets and social media largely turned a blind eye to the incident.
China's Air Pollution Monitoring Network: Too Little, Too Late?
Heavy smog descended on Beijing and the surrounding area over the recent week-long holiday, pressuring Chinese authorities to unveil a pollution monitoring system. Netizens were not satisfied.
Amid More Political Discord, Kyrgyzstan's Media Suffers
As Kyrgyzstan's Kumtor gold mine continues to stir political friction, anonymous "sources" cited by mainstream media claim to have all the answers.
