· April, 2009

Stories about Economics & Business from April, 2009

Cuba: The Outside World

  22 April 2009

“The Summit of the Americas ended yesterday and it doesn’t appear that an urgent meeting of parliament…is being convened to discuss the proposals made by Obama”, writes Cuba's Generation Y, adding: “I can’t help asking myself, then, if all this ‘olive branch’ and the willingness to touch on broad themes,...

Russia: Hyde Park; WinRAR; Hot Water; etc.

  22 April 2009

A few links to recent posts at IZO: president Medvedev “to create a Russian Speaker's Corner, based on Hyde Park”; a Russian ad agency shows “how the WinRAR data compression utility shrinks files” – “bad idea, badly executed”; a useful link for Moscow-based readers who'd like to know when there'll...

Fiji: Devaluation debate

  21 April 2009

The past week bloggers in Fiji have had a lot to say about the devaluation of the Fiji Dollar. On April 15, the Reserve Bank of Fiji devalued the Fiji Dollar by 20 percent, making it cheaper compared to other currencies. This means that more Fiji dollars are needed to purchase goods from outside the country. For overseas buyers, products in Fiji will now be less expensive.

Trinidad & Tobago: Return on Investment?

  21 April 2009

“Trinidadians always buy into this idea that hosting something will get us lots of free press. Thing is: no-one really cares all that much who hosts the summit. Perhaps you get a few extra googles…but the idea that these things pay for themselves is delusional”: Club Soda and Salt is...

Lebanon: Activists Experiment with Social Media

The use of social media tools such as Facebook, Youtube, Twitter, and mobile technology has become increasingly popular in activism and advocacy work worldwide in recent years. In Lebanon, a group called Social Media Exchange teaches activists how to utilise social media to promote their work and reach a wider audience. Mohammmad Azraq digs into the Lebanese social networking and online scene to find out more.

Americas: 5th Summit Reactions

  20 April 2009

The much-hyped Fifth Summit of the Americas is now over, culminating with the Hemispheric leaders' adoption of the Declaration of Commitment of Port of Spain - albeit with one signatory - the Prime Minister of host country Trinidad and Tobago, who purportedly signed on behalf of all participating leaders. This signaled to many a clear lack of unanimity on the final declaration, hardly surprising given the differing agendas of the 34 participating nations. Bloggers were quick to post their impressions of the three-day engagement.

Bahamas: The Economics of Culture

  20 April 2009

“It is not foreign investment that economists and development agencies are suggesting is the engine of economic development in the 21st century; it’s culture”: Nicolette Bethel thinks that the Bahamian government's apparent postponement of the Caribbean Festival of Arts is “a terrible idea”.

Haiti: Election or Selection?

  20 April 2009

Repeating Islands reports that Haiti's Senate elections this past weekend were “marred today by sporadic violence, forcing authorities to cancel polling in parts of the country”. Pwoje Espwa notes: “Fanmi Lavalas (ex-President Jean Bertrand Aristide's political party) will not be in the race due to not being able to satisfy...

Jamaica: Perspective on Pirates

  20 April 2009

Jamaica-based blogger Annie Paul happened to be reading a manuscript about pirates at a time when “the pirates of Somalia were rousing international consternation by capturing a US ship and holding its crew hostage” – and she shares an alternative perspective on this age-old profession.

Kazakhstan: Blackout in Almaty

  20 April 2009

Last Wednesday, April 15, due to damage of the high-voltage power line Toktogul-Frunze (the largest line in the Kyrgyz Republic), most enterprises and even strategic buildings in towns of the northern Kyrgyzstan and southern Kazakhstan were in blackout. The supply of gas and hot water has been suspended, ATMs were...

Global crisis affects Cambodian migrant workers

  20 April 2009

Due to the global economic crisis, South Korea has reduced the number of migrant workers it will accept this year. This is bad news for Cambodia's migrant workers. Many Cambodians are working and planning to work in South Korea.