Stories about Economics & Business from August, 2014
Bhutanese entrepreneur Dawa Drakpa cleans and recycles old footwear and distributes them to those who can't afford a decent pair. Nearly 1 percent of the country's population have received shoes.
A Private Hospital in Bangaldesh Held a Patient's Body Ransom Because the Family Couldn't Pay Up Immediately
The deficiencies in Bangladesh's government hospitals and the uncertainties regarding service prompts people to chose private hospitals -- at a huge expense.
Experts Say Technical Issues Are Behind Egypt's Power Outages, but the Prime Minister Blames the Muslim Brotherhood
Egyptians suffer from daily hours-long blackouts while government officials make contradicting statements regarding the cause.
Google Chrome finally becomes “legal” in Cuba and blogger Yoani Sanchez says that she gleans great satisfaction from “knowing that the opinions of citizens interested in the free flow of information and technology influenced the elimination of this prohibition.”
Macedonians are marking two years since the beginning of the "AMAN" protests that called for an end to social disparity and corruption in the country, one of Europe's poorest.
Russia closed four McDonald's locations in Moscow for "sanitary violations" in what some say is another stage of the sanctions war. The RuNet exploded with disbelief—and photos of Russian bathrooms.
The recent merger between French telcos SFR and Numericable is but another example of the broader trend that dominates today’s telecommunications market: operators are seeking to integrate their products in order to respond to their business clients’ growing desire for streamlined communications solutions. This merger also threatens the dominance of...
Pope Francis' inaugural visit to South Korea caused a media frenzy, thanks in part to scenes of the pontiff riding around in a Kia, instead of a bulletproof sedan.
The prolific social media user is vocal against hatred in the name of religion and has not been shy about criticizing the Maldives Islamist Adhaalath Party and other political parties.
Scores were injured when a train overshot its stop at a busy intersection in south Manila. The crash ignited an intense discussion about the weak and inefficient mass transportation system in the Philippines. Authorities vowed to improve train service amid rising public anger over the incident.
At first glance, "SORM 2.0" seems redundant, but the reform of police surveillance online could vastly expand the reach of the Kremlin.
Meet Peter Owiti, coffee shop entrepreneur in Nairobi, Kenya: The story of Peter Owiti, the brains behind Pete’s Coffee shop, speaks volumes of the great deal of effort that is spent when setting up a successful business. In the brief video below, Pete, who is a father of three, talks...
The campaign was organized to pressure companies accused of supporting Israel. But McDonald's in Malaysia says it is hurting their workers and their families.
Chris Akor's investors’ guide to Nigeria intends to demonstrate how the negatives reports about Nigeria have no basis in reality and that investors who have ignored the reports have been making huge returns on their investments: Undue clatter has trailed the release of Nigeria’s rebased GDP figures – a purely...
Since he landed on an American sanctions list, life has gotten tough for Gennady Timchenko, one of Putin's closest allies. But the oligarch, a Finnish citizen, considers Russia his home.
Russian police have banned a meat product commercial for breaking the country's advertising laws, which forbid the depiction of illegal acts, including traffic violations and the endangerment of children.
Danièle Adler, a consultant in communications strategy, gives an overview of the significant improvement of the IT sector in Cambodia: Six years ago, fewer than 10,000 Cambodians had a web connection, and it was extremely slow. Today 2.5 million people have Internet access at home, and an additional two million...
Indian tech entrepreneurs and start-ups have taken on ventures trying to tap on Indians' passion on religion and spirituality. This raises issues like whether marketing “God’s” products are ethical.
I AM SO FLABBERGASTED: WHO gives a FOREIGN government the RIGHT to CHOOSE WHICH LAND IT WANTS? As part of an investment exchange, the Jamaican government has agreed to give 1,200 acres of land to the Chinese government – wherever it wants. Cucumber Juice has critical questions that she feels...
The minimum wage in Mexico is equivalent to $5 US dollars. Just what can you buy with that?
The learning curve for a people who historically never had a say continues to be a steep one, especially in a climate where corruption was already entrenched.