Stories about Economics & Business from February, 2011
Bangladesh: Widespread Protests Force Government To Back Down On Airport Project
A recent venture by the Bangladesh government to takeover 25000acres of wetlands (Arial Beel) 60km South of the capital city of Dhaka, for a proposed International airport and satellite city led to protests and violence in the area. Netizens too, reacted strongly to the government debating the need for a new airport and the government was forced to back down on the airport project.
China: Apple's new supplier responsibility report
Samuel Wade from China Digital Times brings the readers’ attention to Apple company's new supplier responsibility report. The company pledges greater cooperation with Chinese NGOs in the future in the...
Brazil: Journalist's dismissal causes outrage
Journalist Aguirre Peixoto's dismissal from the Brazilian newspaper A Tarde caused outrage among bloggers and journalists [pt]: Peixoto's reports on the environmental damage caused by a new development to the...
Colombia: A “dry canal” to rival the Panama Canal?
Bloggings by boz reports: “Colombian President Santos told FT there is a ‘real proposal… quite advanced’ for a rail link connecting the Atlantic and Pacific oceans through Colombia, serving as...
Rwanda: Africa's newest stock exchange
Africa’s newest stock exchange is the Rwanda Stock Exchange (RSE), launched on 31 Jan to start trading the shares of brewer Brasseries et Limonaderies du Rwanda BRALIRWA (www.bralirwa.com). The exchange...
Azerbaijan: Anti-corruption drive following Egypt and Tunisia
Fatalin's Blog comments on word that an anti-corruption drive in Azerbaijan has been initiated following popular revolts in Egypt and Tunisia. The blog cites some examples and hopes that the...
Kyrgyzstan: The ghost of state-level racketeering returns
Kamilla reports on a clash between the Kyrgyz authorities and Russian investors over the status of MegaCom, one of Kyrgyzstan’s leading mobile operators – while the government claims that the...
China: Could better PR have prevented Groupon's China gaffe?
Imagethief looks into Groupon's public relation strategy in setting up their business in China.
Bangladesh: Proposed International Airport Stumbles Over Environment Controversy
A recent venture by the Bangladesh government to takeover 25000 acres of wetlands (Arial Beel) 60km South of the capital city of Dhaka, for a proposed International airport and satellite city led to protests and violence in the area. Netizens too, reacted strongly to the government proposal citing the environmental impact and damage to the livelihoods.
Zambia: Mines Audit Reveals Massive Tax Evasion
The issue of windfall tax on Zambia’s main export, copper, refuses to go away for the current administration of President Rupiah Banda which it removed a couple of years ago apparently because of low international copper prices at the time. The latest issue is the revelation that mine companies, or at least one of them, Mopani Copper Mines is involved in a massive tax evasion scam.
Slovakia: Deaflympics 2011 Controversy
Slovakia may fail to hold a successful Deaflympics this month, due to problems with funding and unfinished facilities, which were known to exist as far back as last spring - and still remain today. Tibor Blazko reports on the Slovak netizens' frustration with the situation.
Bahrain: A $2,650 Gift to Each Bahraini Family
To mark the 10th anniversary of the National Action Charter, Bahrain's King Hamad announced a BD1,000 ($2,650) gift to each Bahraini family. While some tweeps have already started counting their...
Sierra Leone: Youth to Youth Fund accepting applications
Youth to Youth Fund for Sierra Leone is now accepting applications from youth led organizations in Sierra Leone: “The Youth to Youth Fund is a competitive grant scheme for youth...
Honduras: Government Says 2011 is Year of Food Security, Food Prices Say Otherwise
RNS in Honduras Cultures and Politics writes: “There's something ironic about Porfirio Lobo Sosa announcing today that 2011 is the year of food security when food prices are skyrocketing and...
Trinidad & Tobago: Economic Parallels
“It is an epic failure in that the world’s strongest and most diversified financial system was brought, literally, to its knees by a tidal wave of greed”: Afra Raymond says...
Venezuela: Hugo Chávez Marks 12 Years in Office
On February 2, 2011, President Hugo Chávez celebrated 12 years in power. Venezuelans have made Twitter their platform to discuss the country's situation and what for one side means 12 years of the government's mistakes, and for the other the revolution's accomplishments.
Africa: Entrepreneurship and development in frontier markets
Mighty African attended a Stanford Africa Forum event called “Entrepreneurship and Development: Doing Business in a Frontier Market”: “I went to the mobile technology panel. An issue was raised, “Why...
China: Home Depot's failure
Dan from China Law Blog looks into the reasons behind the failure of Home Depot in China.
Trinidad & Tobago: Making Carnival Locally
Guanaguanare applauds the announcement of the Minister of Culture about putting a stop to the importation of Carnival costumes, saying: “Supporting indigenous creativity and opportunities for employment of locals will...
Malawi: The Piggy Bank Economist
Harold Williams says that Malawian President is a piggy bank economist: “Whoever said that Bingu wa Mutharika is an economic engineer, got it very badly wrong, as most of you...
Angola: Zaire Province Forgotten
Diário da África [pt] reproduces an article by the journalist Makuta Nkondo about the political, economic and social context of the “forgotten” Zaire province in Angola. The author claims that...
