Ever since Muhammad Yunus won the Nobel Peace Prize for his initiatives in micro finance, the sector has been attention that had hitherto been denied it. The Professor himself has been toasted around quite a bit and the Grameen Bank has now been invited to set up shop in Assam. But the success and […]
House Passes Jubilee Debt Relief, Battle Shifts to Senate
– by James Parks The effort to bring debt relief to poor countries now moves to the U.S. Senate after the House of Representatives approved legislation that would cancel the debt of several poor nations. If enacted, the countries that receive the relief must use the money to provide their citizens desperately needed resources—such as health […]
Indonesia May Break out in Riots if Economic Downturn, IMF Plan Continues
CBS(Commercial Board Sytem) was ineligible to apply in Indonesia during the monetary crisis of the 1990’s. Why we should turn out to accept IMF (International Monetary Fund) package rather than CBS? This is one of the topic of Macroeconomic subject for management economic student in one of the most biggest and luxurious campus in Tangerang. […]
Haiti Is Starving
The last few days the media has been reporting on riots in Port au Prince, capital of the island Republic of Haiti, first Republic in the world founded and administered by its black native population in January 1804. The slogan of the French Revolutionary government, Liberty, Equality, Fraternity was extended to the former slave colony. […]
Dig Yourself Out of Debt
Part 14 in a series on being successfully self-employed Most people in today’s society are in debt. You are probably in debt. And if you are, it’s no wonder, as our society encourages living on credit. The inducements for us to buy now, pay later, and live with credit are so prevalent that it’s become […]
Murky world of corruption in government
Time and again, some public officials have dipped their hands in the murky world of graft and corruption, if only to gain something out of their sensitive positions in high government offices. The anomalous multi-million NBN-ZTE broadband scandal is not the first attempt to make the national government suffer for the ineptitude and insensitiveness of […]