A pledge to slash interest rates by the head of America’s central bank last night failed to stem the selling of shares on Wall Street amid fresh evidence that the "freefall" in the housing market is contaminating the rest of the world’s biggest economy. US dealers shrugged aside reassurances from Ben Bernanke that the Federal […]
Business Marketing Guide: the Six Stages of Economic Development
Some markets are more advanced and/or growing more rapidly than others. And some countries – or parts of a country – are at different stages of economic development. This means their demands – and their marketing systems – vary. To get some idea of the many possible differences in potential markets, it is important to […]
Bhutto’s body flown home as Pakistan teeters on edge.
The body of assassinated former premier Benazir Bhutto was flown to her ancestral village in Pakistan’s at Larkana in Sindh for burial on Friday, hours after her assassination plunged the nuclear-armed country into one of the worst crises in its 60-year history. Hundreds of her supporters converged to attend the funeral following a night of […]
Another Bhutto Eliminated
Benazir, 54, had just addressed an election rally at Liaquat Bagh (Garden) when a bomber shot her in the neck and blew himself up, killing at least 20 people and injuring scores of others. Hours later riots erupted across the country. State media and Benazir’s Pakistan People’s Party confirmed her death in hospital. […]
China, India, Thailand cash in on Myanmar’s gem leftovers
As the United States steps up its economic sanctions against Myanmar’s military regime, traders in at least three neighboring countries in Asia have cashed in on whatever gems and minerals the country exports to fill up its cash-trapped coffer at the expense of the poor people’s sufferings. And the Myanmar government couldn’t care less if […]
African Trade Unionism: A New Face
Two regional trade union organisations, the International Confederation of Free Trade Unions-Africa Regional Organisation (ICFTU-AFRO) and Democratic Organisation of African Workers Trade Unions (DOAWTU) that merged into Independent National Trade Union Centres within the African region (ITUC-AFRICA) on Wednesday November 28, 2007 met in Accra-Ghana. They will forever relish the memory of the desire to […]