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· February, 2015

Stories about Economics & Business from February, 2015

28 February 2015

Imported Bollywood Films Have Become Quite a Drama in Bangladesh

Popular Bangladeshi actor Shakib Khan joined protests against Indian movies being screened, arguing it would hurt the country's struggling film industry. Film distributors and cinema owners then banned his films.

27 February 2015

The Political Violence in Bangladesh Is Claiming Too Many Lives

I close the windows of my car, and think of buying a fire extinguisher. [Then], if a bomb is thrown inside my car, I'd be able to douse the fire.

25 February 2015

Russian Lawmakers Propose Banning Women Under 40 from Smoking

RuNet Echo

“Female smoking,” the legislation’s explanatory note says, “harms the body’s reproductive system, causing irreparable damage to the genetic stock of the nation.”

Trinidad & Tobago Has ‘Carnival Mentality’. Is That Necessarily a Bad Thing?

Carnival mentality refers to the carefree attitude on display at Trinidad and Tobago's biggest party. Some argue the term should represent industriousness -- Carnival takes a lot of work.

South Korea's Young Workers Earn ‘Passion Wages’, Meaning Hardly Anything at All

The buzzword "passion wage" reflects harsh conditions young South Korean people face nowadays in the workforce -- low or no pay to pursue their passion.

Here Is What You Can Do in Kyiv if You Have One Dollar

RuNet Echo

What can a dollar buy you in Kyiv, Ukraine? Quite a few things, actually! An enterprising social media user collected the most interesting ideas in a blog post.

23 February 2015

The Stale Catch in Croatia's “Fresh Start” Debt Erasure Program

The Bridge

Croatia's government has received praise for its decision to wipe the debt of its poorest citizens. But will this "Fresh Start" really help Croatians?

21 February 2015

Leader of the Nation to Rescue Kazakhstan's Economy

Living next to Russia and being dependent on oil have made life difficult for Kazakhstan, which is about to re-elect its 74-year-old leader ahead of schedule.

20 February 2015

Can Istanbul Be Saved from Overdevelopment?

Build, build, build. Turkey's largest city is under a redevelopment siege threatening the buildings and communities that are part of its fabric.

19 February 2015

Poor TV Coverage Makes Trinidad & Tobago Carnival Lovers Feel They Missed Out

Are the organisations charged with stewardship of the national festival sacrificing it to the almighty dollar? Broadcasters claim their sub-par coverage was due to their restrictions.

16 February 2015

Social Media Is Changing How Consumers in India Interact With Companies

Got a complaint? When consumers in India do, around 25% of them post their grievances online before lodging their complaint in court.

12 February 2015

Hungry for a Meme? Try Japan's ‘English French Toast’

This isn't exactly high-end fusion food. The somewhat contradictory nature of the local Japanese treat's name has become a minor Internet meme.

10 February 2015

Nepalese Are Finding the Humor in Their Country's Gas Shortage

Liquefied petroleum gas is the second most popular source of energy for cooking and heating in Nepal, but it's hard to come by these days, much to the consumers' frustration.

9 February 2015

Gardeners Are Repurposing Coconut Waste as Eco-Friendly Plant Pots

Using coir pots that can be planted can save an estimated 100 million plastic pots from ending up in garbage cans.

6 February 2015

Crimean IT Industry Wilts Under Western Sanctions

RuNet EchoAdvox

Western sanctions come at a high cost to IT-professionals and citizens in disputed Crimea, as companies like Apple and Google are blocking access to their services.

Macedonians Plan to Use Freedom of Information Act to Fight New Freelance Law

Some part-time and freelance workers were blocked from getting paid in January under the new tax and fee regulations. Protesters want to expose the government's bureaucratic inefficiency.

5 February 2015

Elections Are Coming Up in Nigeria. Here Comes the Mudslinging

Former Governor of Nigeria's Central Bank Charles Chukwuma Soludo recently sparked a war of words by criticizing the lack of “issue based debate” by the two presidential candidates.

With the Falling Price of Petrol, Pakistan Plunges Into a Deeper Fuel Crisis

People were seen pushing their cars to petrol stations and forming long queues. Some came with Coke bottles in hand to fill up on the limited supply of petrol.

4 February 2015

Stop the Music: Spotify Cancels Launch in Russia

RuNet EchoAdvox

Spotify is leaving Russia in response to the economic crisis, the political situation, and the draconian Internet laws.