· October, 2007

Stories about Economics & Business from October, 2007

Cuba: Of Speeches and Workshops

  26 October 2007

While The Cuban Triangle comments on US President George Bush's speech about democratic change in Cuba, Child of the Revolution almost “missed a big event currently under way in Havana. Believe it or not, the Castro regime is hosting something called the 2nd International Workshop on Financial Management.”

Ecuador: Correa Criticizes IMF

  25 October 2007

Danny Ayala Hinojosa of El Federalista [ES] criticizes Ecuadorian President Rafael Correa's declarations regarding the International Monetary Fund following a visit with Pope Benedict.

Georgia: Economic Growth

  25 October 2007

In a region where poverty is still endemic, figures for economic growth are a constant feature of speeches and election campaigns by governments. Georgia is no exception, but TOL Georgia asks if high economic growth rates from a low base mean much when they are compared to lower rates from...

Africa: Is China annexing Africa?

  25 October 2007

Is China annexing Africa?:”The latest project to hit the headlines is a $5 billion offer from the Chinese government to fund roads, railways, hospitals and clinics in the African Congo. Elsewhere, China is already “the biggest investor in the Sudan,” says the Seattle Times. In Freetown, the capital of Sierra...

Costa Rica: Free-Trade Agreement Passes

  25 October 2007

Costa Ricans participated in a nationwide referendum regarding the fate of the Free-Trade Agreement with the United States. The result was a vote for the "Yes". Even though the vote passed, there is still a lot to be completed by Congress and a little uncertainty of what the results mean.

Lebanon: Wine

  24 October 2007

“The wine industry of Lebanon: $25 million a year, of which $10 million are from exports. 7 million bottles a year, of which 3 million are exported,” reports Dr. Rami Zurayk.

Kazakhstan: Prices Unleashed

  24 October 2007

Immediately after the parliamentary elections, which were deemed undemocratic by the international monitors, the prices went crazy in Kazakhstan. The ruling party “Nur Otan”, led by president Nursultan Nazarbayev – who rules the country already for 17 years – had been building its campaign on socio-economic achievements and promises of...

Armenia: Opposition Detainees Released

  24 October 2007

Via Romamerda1 on YouTube, there are updates on the latest developments following the arrest of Armenian opposition leaders, Nikol Pashinyan and other members of the “Impeachment” bloc. The description accompanying the video reads: Nicol Pashinyan and other members of “Impeachment” party were unjustly imprisoned for 8 hours on 23 October...

Tanzania: IMF no longer viewed as an enemy

  24 October 2007

Tanzania Common Cents writes about Tanzania's relationship with IMF: “While it is true that over the years Tanzania has graduated in her relationship with IMF to the point of currently operating under a PSI and thus driving its own development agenda; and while its true that IMF policies have evolved...