India:11.05% Inflation Puts Nuclear Deal to Back Burner
Region: IndiaIt’s a bad news for the ruling UPA led by Congress at the center. Sandwiched between failures to materialize Indo-US nuclear deal on one hand and high inflation on the other, the priorities for the g... more
Views: 1104China Exports Inflation To U.S.
Region: United StatesAccording to an article by Jim Mubak on MSN Money, the Chinese are exporting inflation to the U.S. And that's not all that funny! For the last decade or so, the U.S. was riding the wave of the Chinese economic boom. The b... more
Views: 1680Biofuel Agreement Between Netherlands & Brazil Defies Logic
Region: BrazilThe Netherlands, a member of EU and hence a partner to the emissions target legislation, has approached the world’s second largest producer of ethanol biofuel, Brazil, to help it meet the standards stated the legisla... more
Views: 1541Oil Prices Will Surge to $200
Region: United StatesAccording to Goldman Sachs, the lack of oil supplies and the increase in demand will see the price of the barrel reach $200 in the next two years. As of today, oil hit a record breaking $121 a barrel, up 100% from la... more
Views: 1560Arabeyes: Looming Food Crisis
Region: Kuwaitby Amira Al Hussaini Inflation and rising food and oil prices are a reality around the world, and Arab bloggers are not only feeling the pinch, but writing about it too. Here is a snapshot of reactions from Lebanon, Syria... more
Views: 1358Mixed Feelings About American Tax Rebate Stimulus
Region: District of ColumbiaThe U.S. income tax rebate, intended to stimulate the snail's pace economy that has emerged as consumer confidence has been beaten down to its lowest level since 1982, begins getting into the hands of people in 120-130 mil... more
Views: 1605Japan: Where Has All The Butter Gone?
Region: Japanby Hanako Tokita Where is the butter? — cry Japanese consumers who have been hunting everywhere for the dairy product. The drastic reduction in raw milk production, complicated by hikes in the price of grain as well... more
Views: 2249D.R. of Congo: Fifth Fatal Crash in Under a Year, Food Prices the Real Disaster
Region: Congoby Jennifer Brea News agencies are reporting that 75 were killed when a cargo plane crashed in Goma shortly after takeoff on Tuesday. An overloaded cabin may have been the cause. It's the fifth fatal plane crash since J... more
Views: 2249Video: Al Radeyef Protests - When Bloggers Give a Voice to the Voiceless
Region: Tunisiaby Naruto With little to no coverage of the plight of thousands of people at the rich Phosphorous mines of Gafsa, Redyef and Oum el Arayess on mainstream media, Tunisian bloggers and activists are turning to the Internet ... more
Views: 2287Bahrain: Scorn for inflation package
Region: BahrainTo alleviate the effects of inflation in Bahrain, the government has introduced a BD40 million (USD105 million) aid package – andBahrain's bloggers are unanimous in questioning how effective it will b... more
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