· May, 2009

Stories about Economics & Business from May, 2009

Brazil: Petroleum, elections and poverty matters

  24 May 2009

Discussions of an investigation into the nation's biggest state-owned company and its possible political motivation fill the Brazilian blogosphere. This debate takes place in a Brazilian society which sees 'black gold' as a solution to the country's economic and energy problems.

Ukraine: Russian Ads; PM's Hairdo; Crimea

Russian ads in Ukraine; Yulia Tymoshenko's hairdo; labor minister's text message interaction with her daughter regarding a government job offer for her father; the Crimean Tatars’ situation and the mess in the Crimean capital's city council – at Ukrainiana.

Bahrain: Our Need For Indians Is Like Our Need For Air

Earlier this month, Bahrain announced that it would be ending the system of sponsorship of foreign labour. While the move is intended to stop the exploitation of workers, especially from the Indian subcontinent, for some Bahrainis the idea of it becoming easier for foreigners to work in the country is worrying. In this post a blogger talks about the Indian presence in Bahrain.

Egyptian Tycoon Sentenced to Death

Egyptians witnessed the most unexpected verdict in the history of their judiciary system: Billionaire Hesham Talaat Moustafa, along with his hired hitman Mohsen El Sokary, have both been sentenced to death for their roles in the murder of Lebanese singer Suzanne Tameem. The gruesome murder took place in Dubai, UAE, and Thursday's sentence was met with shock and bewilderment as the blogosphere comes to terms with the verdict.

Lithuania: Election Roundup

With a Grain of Druska writes that in Lithuania, “it is time for a younger, more energetic leader.” Eternal Remont mentions president-elect's karate skills: “[…] who wants to see the judo master Putin go against the black belt Grybauskaite in an ultimate fighting match?” More updates – at Lituanica: Dalia...

Trinidad & Tobago: Sulphur Story

  22 May 2009

As news breaks about the presence of excessive sulfur in the aviation fuel being used to refuel aircrafts in Trinidad and Tobago, This Beach Called Life criticizes the government's downplaying of the situation, saying: “If a company is making something as important as aviation fuel and does not have a...

Jamaica: By the Bye

  22 May 2009

Girl With a Purpose notes that Jamaica is in for another by-election, adding: “One unfortunate thing about this…is that Jamaicans will have to fork out another JMD $40 million, or more, for the Electoral Office of Jamaica to administer it.”

China: Taobao is toxic and Alibaba has no antidote

  22 May 2009

BloggerInsight from CN Review translated Keso's comment on Alibaba's recent campaign on e-business. The blogger warned the university students to be cautious of the vicious cycle of purely price competition – which has already turned milk into melamine.

Philippines: Storytelling for Hunger Awareness

  21 May 2009

A few years ago, a short film won the public's approval at the 56th Berlin International Film Festival, and to this day, it is still making its rounds through internet, raising awareness on poverty and hunger. Chicken Ala Carte by Ferdinand Dimadura is one of the videos we bring you today about hunger past, present and future.

Fiji: EU cancels 2009 sugar subsidy

  21 May 2009

The European Union announced that it was suspending 2009 payment of 24 million Euro in subsidies to help prop up Fiji’s sugar industry. European Commissioner for Development and Humanitarian Aid, Louis Michel, admitted Fiji would have received the payment if it would have had a “legitimate government” in place. He...

Dominica: Brain Drain

  20 May 2009

“When are we going to realize that knowledge is a wealth-creating asset to our country’s development?”: Dominica Weekly is concerned about the island's brain drain.

Jamaica: Big Money?

  20 May 2009

“It is a sign of the times, showing how Jamaica’s economy is suffering, devalued you could say”: Jamaica Salt says that the country's new 5,000 dollar bank note is “not much to celebrate”.

Haiti: Minimum Wage Increase

  19 May 2009

Wadner Pierre says that “Haitian labor activists applauded the Preval administration's decision to raise the minimum wage in Haiti from 70 to 200 gourdes ($5.50 USD) per day”, but notes that “the increase has been strongly opposed by Haitian industrialists.”

Trinidad & Tobago: Why the Enquiry?

  19 May 2009

Trinidad & Tobago diaspora blogger Jumbie's Watch has his eye on developments with the Commission of Enquiry into the local construction sector, and fears that nothing with come from its findings: “Why then are we spending millions of dollars for this enquiry? Is the report to be used in place...

Barbados: Budget Speech

  18 May 2009

Barbados Underground says that expectations are high for the Prime Minister's 2009 Budget Speech, adding: “There are times when political partisanship should give way to bi-partisanship in the interest of the national self. This is such a time.”

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