With global trade negotiations stalled, India and the European Union are pressing to complete a bilateral free-trade agreement in the autumn
that is intended to triple their 53 billion euro ($66 billion) trade flow within five years.
After nine rounds of negotiations, India and Europe are closing in on such a free-trade agreement, Anand Sharma, the Indian minister of commerce and industry, said in an interview.
Since Israel’s deadly raid on the Turkish ship Mavi Marmara last month, it’s been assumed that Iran would be the major beneficiary of the wave of global anti-Israeli sentiment.
But things seem to be playing out much differently:
In fact, as Turkey assumes a surprising new role as the modern, democratic and internationally respected nation willing to take on Israel and oppose America,
this development paradoxically creates unexpected problems for the mullahs’ Tehran regime.
22 June 2010
On a hot morning in late May, while some 2,000 workers at a Honda parts factory were striking in China’s south,
100 irate employees at a hotel in the heart of the capital staged their own protest.
The Honda workers got lots of publicity.
The hotel employees were mostly ignored.
But the undercurrent was the same:
labor disputes are becoming a common feature of the Chinese economic landscape.
While Sri Lanka once followed a statist economy and import substitution trade policy the country today follows policies market-oriented policies. In addition, Sri Lanka has a stronger trade market, while encouraging more Foreign Direct Investment. While this country was experiencing growth since the changes took place in 1977, when government changes occurred in the past few years the economy suffered to some degree. The government’s goal now is to lower poverty by pushing investments out to areas that are at disadvantage while developing small to medium-sized enterprises.
Philippines is the 33rd largest economy in the world,12th in Asia and 4th in South East Asia with a GDP (PPP) of US$188.719 billion in 2010. It is also classified as one of the 150 emerging economies listed by the International Monetary Fund. According to Goldman Sachs, by 2050, Philippines will be the 14th largest economy in the world.
Several readers have asked why we haven’t done more with the Gulf oil spill, and our answer has been “because every aspect – including the multi-faceted economic ones –
are already being done to death by every other media outlet, and we don’t have anything particularly new to add.”
Until now.
When we saw that two former National Football League – ie, the NON-World Cup “football” –
The movie has ancient Greek warriors, pirates, underwater kingdoms, a villain called the Demon Mage and mermaids that kill men during sex.
There is a sultry Bond girl, too, playing the mermaid queen.
Most of the actors are American, and the cameras use 3-D technology.
But the movie, “Empires of the Deep,” is not another fantasy dreamed up by Hollywood. It is being conceived and shot here on the world’s largest studio set, north of Beijing.
Malaysia was the 33rd fastest growing economy in the world for 2010, with a real GDP growth rate (constant prices, national currency) of 7.156 percent. Malaysia recovered fairly strongly from the 2008 global financial crisis where the economy declined for a brief period of time in 2009 – GDP growth (constant prices, national currency) fell to negative 1.71 percent in 2009 compared to a positive average of 5.824 percent from 2003 to 2008.
17 June 2010.
That’s the amount that foreign banks and other financial companies have lent to public and private institutions in Greece, Spain and Portugal,
three countries so mired in economic troubles that analysts and investors assume that a significant portion of that mountain of debt may never be repaid.
The problem is, alas, that no one — not investors, not regulators, not even bankers themselves — knows exactly which banks are sitting on the biggest stockpiles of rotting loans within that pile.
