· March, 2006

Stories about Economics & Business from March, 2006

Bermuda: E-commerce Obstacles

  28 March 2006

“High cost of living; small size; restrictive immigration policy; poor state education system; lack of IT professionalism and work ethic issues; reliance of IT sector on expats; prohibitive telecoms costs; shortage of accommodation; expensive airfares; “political instability” and racial tension; punitive and indiscriminate customs duties; and the Island's location in...

Cuba: Inner tube

  28 March 2006

Pac Mclaurin posts a lovely photo of a Cuban fisherman, his girlfriend, and the “pneumático” or inner tube which is his fishing vessel.

South Korea: general strike

  28 March 2006

Joshua from The Korea Liberator examines the relevant labor issues leading up to the Korean Confederation of Trade Unions’ general strike planned for next week.

Indonesia: the military's business empire

  28 March 2006

Indonesia Today says the armed forces is so powerful that it has amassed its own business empire that include interests in luxury hotels, golf courses and commercial banks. The military has promised to divest itself of such interests. The sale of its share in one of these banks is valued...

Tourism, Islamic Vietnam & Blogs

IranMehr (Persian) talks about tourism industry problems in Iran. He writes despite country’s attractiveness such as historical monuments, ancient villages, ecosystems…He talks also about government’s politics to attract 20 million tourists to Iran whose share of global tourism revenue has been less that 1 percent. According to him: “How Iranian...

Kenyan Sphere Dispatch

  28 March 2006

After the kenyan government raid on standard newspaper early this month, (Something that was covered by MSM around the world), there was talk in Kenya of mercenaries operating in Kenya. Nationmedia (free subscription) had an interview with one of the Artur brothers. The mystery of their involvement can be confusing....

Ethiopia: Permanently in debt?

  28 March 2006

Weichegud!ET comments on the waste of aid money to Ethiopia which has not alliviated poverty and the country is in the midst of yet another drought. She asks why does Ethiopia want to be a “permanent welfare mother” “International aid comes with more strings attached to it than Donald Trump’s...

Mongolia: Ivanhoe's Muscle

  27 March 2006

Shards of Mongolia notes that former US Secretary of State James Baker has paid a visit to Mongolia's prime minister and minister of trade and industry on behalf of Ivanhoe Mines. Shards of Mongolia says that the government absolutely must resist this pressure.

Philippines: More on Rent Control

  27 March 2006

Another Hundred Years Hence responds to a reader, a Filipino-American who owns some apartment buildings in New York, who argues that rent control may help the urban poor stay in cities and protect them from gentrification.

Hong Kong: Scary Superman

  27 March 2006

The biggest threat to Hong Kong's democracy, security and the Independent Commission Against Corruption (ICAC) is none other than Li “Superman” Ka-shing, argues Tom Legg at Daai Tou Laam.

Barbados: Friends in high places and Human Rights Treaty

  27 March 2006

Barbados Free Press reports that a friend of a government minister has been receiving lucrative contracts for consulting on dance and choreography, and is concerned that the new Human Rights Treaty being drafted by CARICOM promotes an agenda that is primarily economic.

Belize: An oil producer?

  27 March 2006

Melody reports that oil has been discovered in commercial quantities in Belize. Her report also quotes the measured and practical responses of government spokespersons to the discovery.

Polish Blogosphere Update

  27 March 2006

Apparently, according to Real Warsaw, Poland is single-handedly styming EU progress. Poland's recently elected populist government isn't seen as a solution since future-oriented policies appear off the table. However, according to Bernski in the comments section, the problems may be deeper than a newly elected government — shibboleths such as...

Africa: We Can't Blame Everything on the West

  26 March 2006

Le Pangolin writes (FR): “So long as we fail to entertain critiques of our destructive ways, we will always be dominated by the West. Imagine for a moment all Africans living in Europe creating investment funds; they could then purchase on [various] stock markets the very companies that determine the...

Thailand, Singapore: Crashing Investment

  24 March 2006

Singapore Election Watch reposts a forum comment by someone pointing out that the value of state-owned Temasek Holdings’ controversial investment in Thailand's Shin Corp. — which triggered a political crisis in Bangkok — has plummeted, costing Singaporeans $2.21 billion in three days.

China: Rabbis wanted

  24 March 2006

The Opposite End of China streams a clip from the NPR program “Marketplace” about an increase in demand for the services of rabbis in China, who can certify kosher food.