Bangladesh's economy grew rapidly during the 1990s as the country liberalized its markets and became increasingly integrated into the world economy. Until the 2001 global recession, Bangladesh ranked third for improvement of human development - behind only Cabo Verde and China - thanks in...
International regulations put Bangladeshi garment workers at a disadvantage.
DHAKA: Bangladesh faces the challenge of achieving accelerated economic growth and alleviating the massive poverty that afflicts nearly two-...
Australia confronts declining prices in commodities, a shrinking currency and net foreign debt that exceeds A$1 trillion. “Servicing the long-term debt problem is an increasing concern, particularly if US interest rates begin to rise while commodity prices do no more than stabilise around current...
Australia’s net foreign debt has just passed the A$1 trillion mark, roughly 60 percent of the nation’s gross domestic product. Alarm bells should be ringing somewhere, but somehow the “lucky country” continues to be seen by foreign investors as a...
After acquiring a 70 percent stake of GoPay, a small Chinese online payment company and receiving approval from the People’s Bank of China, PayPal is the first foreign company to win Chinese payments license. Visa and Mastercard are waiting for license approvals. PayPal will face a huge market...
Although Indonesia has the world's largest Muslim population, Islamist political parties in the country have been unable to attract widespread support. Since the 1998 fall of the autocratic Suharto and the beginning of a transition to democracy, support for Islamist parties has not risen above...
Marriott Hotel in Jakarta, August 2003: Terrorism hurts not just innocents, it also undermines political parties seeking to establish an Islamic state.
CAMBRIDGE, USA: Indonesia's major Islamist political parties have...
At the start of a UN conference on climate change in New Delhi, the Indian government is taking offense at the suggestion that India and other so-called developing nations should further decrease their greenhouse gases emissions. Developed nations have called for an increase in developing nations...
The Prime Minister, Atal Behari Vajpayee, today rejected suggestions from several developed countries that India and other developing countries increase their commitments to reduce the emission of greenhouse gases (GHG...
A keypad, like the pen, can be mightier than the sword, and some governments impose social media blackouts. For the past year, Chad has prohibited the use of social media platforms like Facebook, Twitter and WhatsApp, reports Abdur Rahman Alfa Shaban for Africannews. The impoverished nation of...
Germany was once at the forefront of plutonium technological development, but with the rise of the Green party, the technology was abandoned due to its environmental and health risks. Now one of Germany's unused plants is likely going to be exported to China. Commentator Stefan Dietrich...
The expected uproar over the likely export of a plutonium plant to China has now been raised - not by the three Green party ministers in Germany's coalition government, but among second and third-level...
Trade – along with the accompanying fears over foreign competition, job loss and reduced wages – is a hot issue for the US presidential campaign and elections elsewhere. Ajai Gaur and Ram Mudambi, professors of international business strategy at Rutgers University and Temple University, analyze...
Taken for granted: Foreign firms, including a Toyota plant in Kentucky, pay high wages and link local firms to global value chains, top; US manufacturers like Boeing both export and import
NEWARK, PHILADELPHIA: Trade typically figures prominently in...
