· October, 2012

Stories about Economics & Business from October, 2012

Bangladesh: Low Dependency on Agricultural Products Prompts Food Security Fears

  21 October 2012

In the last four decades Bangladesh saw a tremendous rise in the industry and service sectors which prompted the decrease of dependency on agricultural Produces. The decrease in employment in agriculture sector and the increase in number of landless people due to use of agricultural land for other purposes have made a large number of population vulnerable to food insecurity.

Singapore Tightens Rules on Casinos

  19 October 2012

Singapore is revising its casino rules to discourage low-income groups and the jobless from gambling. After weeks of consultation, the government has filed the Casino Control (Amendment) Bill which would empower authorities to restrict the entry of ‘financially vulnerable’ individuals in casino gaming centers.

Slovakia: Music Copyright Agency Vs. School Drama Club

  17 October 2012

The Slovak Performing and Mechanical Rights Society imposes a €975 fine on a high school drama club for a fundraiser ball, which included a raffle and featured songs authored and performed by the club members - but had not been properly registered with the music copyright agency. Tibor Blazko reports.

Yemen: Total's Unfair Gas Prices

  17 October 2012

Yemen's economy has been struggling for years, resulting in high levels of poverty and alarming rates of malnutrition. Yet, the corruption cases exposing the former regime's mismanagement and embezzlement of Yemen's wealth have been emerging as the main reason for the state the country is in. The latest corruption case...

Jamaica: Who's a Minority?

  15 October 2012

The sad irony of race in Jamaica is that numerical minorities tend to hog the majority of social space in so many arenas. Carolyn Cooper deals with the response to her column dealing with the projection of a multiracial Jamaica.

Zambia: YouTube Documentary on Negative Impact of Copper Mining

  14 October 2012

A documentary titled “Zambia: Good Copper, Bad Copper” about Zambian copper mining and its negative impact on society has emerged on YouTube and has so far attracted over 6,000 hits. After watching the documentary, one YouTube user wrote, "Cry our beloved country. Why should we remain poor when a coveted product is plenty and mined at the expense of the locals' health."

Global Community: “We Should Not Pay”

  14 October 2012

On October 13, the initiative #globalnoise, supported by different activist movements, called for a global "pots and pans" protest. The website #globalnoise coordinated the initiatives of movements and individuals.

China: Drinking Deer Blood

  14 October 2012

Some Chinese believe that drinking deer blood can prolong life. ChinaSMACK translated a local report about the cruel business deer farm in China. [Warning: graphic]

Japan: “Global Noise” Against the IMF

  14 October 2012

In Japan, a series of actions to protest against the International Monetary Fund and World Bank meetings are being called for by Global Noise Tokyo and @OccupyTokyoJp on October 13, 2012. More about Global Noise around the world can be found here.

Dominican Republic: A Fiscal Apocalypse?

  12 October 2012

Proposed fiscal reforms by the Dominican government are causing negative reactions across all sectors of society. Various organizations are demanding transparency in the use of state resources, as well as the implementation of measures to avoid and punish corruption.

Saint Lucia's New Value Added Tax Jumps at Citizens

  11 October 2012

Beginning October 1, 2012 the government of Saint Lucia imposed a Value Added Tax (VAT) on good and services. In doing so, Saint Lucia became the last member of the Caribbean Community to adopt VAT. In the months and weeks leading up to the deadline, various stakeholders expressed doubts about the country's readiness.

France, World Bank to Help African Nations Negotiate Mining Contracts

  9 October 2012

To celebrate the 40th anniversary of the Franc Zone monetary cooperation agreements, the president of Côte d'Ivoire, Alassane Ouattara, and the French Minister of Finance, Pierre Moscovici, have published a joint text advocating the establishment of an initiative to end "the excessive exploitation of Africa’s reserves". African bloggers have been giving their opinions on this development.

France, Africa: Black Fashion Week Marred by Visa Problems

  9 October 2012

Two renowned African fashion designers and several models have been denied entry to France for Black Fashion Week October 2012. This event was created by Senegalese fashion designer Adama Paris to show the world the diversity and influence of African creativity on contemporary fashion and has been held in Dakar, Senegal for the past ten years. The first show outside Dakar took place in Prague in November 2011, since then, it has travelled from place to place. The designers made public statements on their struggle to obtain short stay visas.

Barbados: Is Austerity The Way To Go?

  8 October 2012

So, we must ask again: Who is Fooling Whom? If government cuts back on health and education services there will be massive job losses. Sounds as if the BLP are suddenly embracing the astringencies of the IMF. Look how times have changed! At Barbados Underground, Stephen Williams is skeptical of the economic...

Receive great stories from around the world directly in your inbox.

Sign up to receive the best of Global Voices!

Submitted addresses will be confirmed by email, and used only to keep you up to date about Global Voices and our mission. See our Privacy Policy for details.

Newsletter powered by Mailchimp (Privacy Policy and Terms).

* = required field
Email Frequency



No thanks, show me the site