· February, 2012

Stories about Economics & Business from February, 2012

Russia: Dmitry Rybolovlev, the Quintessential ‘New Russian’

RuNet Echo

Billionaire Dmitry Rybolovlev serves as an example of the quintessential 'New Russian' through his controversial activities during the Yeltsin era, his modern business practices, and his extravagant international spending - he has just purchased the most expensive New York City apartment to date.

20 February 2012

Malaysia: Petition Against Sarawak Dams

An online petition urges the Malaysian government to review its plan to build twelve “highly destructive” hydroelectric dams in Sarawak that will displace tens of thousands of people and flood...

20 February 2012

Singapore Budget 2012

Leong Sze Hian analyzes the Singapore budget presentation for the year 2012. He concludes: “Need to cut rhetoric, and do something, anything, if the government wants to regain some credibility.”

20 February 2012

Sri Lanka: Price Hike and Police Brutality in Enforcing Public Order

Sri Lanka is currently facing a turbulent economy with price hike and imposition of surcharges, which are provoking widespread protests. The police and the military are taking brutal measures on protesters and a number of people have been killed in the past few months.

18 February 2012

Poland: Gossip Portal Accuses Mainstream Media of ACTA Ignorance

A Polish gossip portal's take on the massive anti-ACTA protests has highlighted issues that are truly relevant for today's young people. Katarzyna Odrozek reports on the avalanche of reactions from netizens and the mainstream media that this unlikely source of serious reporting has created.

15 February 2012

Antigua, Guadeloupe: From the Common Past

For the past decade, the tight historical and geographical bonds between the West Indian islands of Antigua and Guadeloupe have been analyzed by historians. A recent conference entitled “Antigua: From...

14 February 2012

Hungary: Another Environmental Catastrophe in the Making

In October 2010, a toxic spill from a red sludge reservoir in Kolontár caused the greatest environmental disaster in Hungary's recent history. Atlatszo.hu and Greenpeace are now drawing attention to another hazardous waste reservoir, in the town of Almásfüzitő, which is "leaking like a sponge" and is already causing grave environmental and health damage.

14 February 2012

China: Online Protest Against the Bear Bile Business

Since early 2011, Gui Zhentang, China's largest bear bile medicine producer, has been trying to apply for stock market launch on the Shenzhen Stock Exchange. Last year, the application was turned down as a result of netizens' protests. Oiwan Lam updates the issue.

13 February 2012

Sri Lanka: Social Media Success Stories

Amitha Amarasinghe discusses the use of social media by the corporates in Sri Lanka and ponders whether there are any social media success stories in Sri Lanka.

9 February 2012