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Global Economy
World Wealth Report 2013: Globally Brazil's Sao Paulo ranks 9th with most millionaires
Sao Paulo in Brazil comes ninth in global rankings of cities with the most millionaires, according to the 'World Wealth Report 2013' put together by luxury estate agents Knight Frank. And it is also evident from life styles of some of the millionaires and the billionaires who belong to the city.
Krishna Y. | Apr 27, 2013
Comments : 0
Global Economy
Technology, a few observations: Part 2
Assuming that the basic requirements are met, we may now discuss some special problems that arise in transferring technology to under-developed countries. First, the technology of developed countries needs frequently to be adapted to the needs of under-developed countries before it s suitable for them.
Vinod Anand | Apr 27, 2013
Comments : 0
Global Economy
Technology, a few observations: Part 1
One of the most striking features of under-developed countries is their low level of technology. In certain fields of production some of these countries have made no improvements in technology for centuries. In some parts of the Middle East, for example, agricultural techniques are no better today then they were in the times of the Pharaohs.
Vinod Anand | Apr 26, 2013
Comments : 1
Global Economy
China registers slow growth: Has global recession finally crept into the dragon's belly?
While the economic power blocs of the North America and Europe are showing signs of recovery, the Asian dragon seems to be stumbling. The US has been showing unmistakable signs of economic recovery, whereas China has registered a slowing growth of 7.7 percent in the first quarter of 2013.
Prabhash K Dutta | Apr 16, 2013
Comments : 1
Global Economy
Aircrafts add more seats at the expense of toilets
The cut throat competition in the airlines industry is soaring so high that the companies are ready to cut the space of toilets in planes, which are already dying for space.
Shubha Shrivastav | Apr 06, 2013
Comments : 3
Global Economy
NEC Corp's full ownership of NHST not to affect existing workers
Existing workers of erstwhile NEC HCL System Technologies (NHST) will remain 'employed' with the newly formed NEC technologies India Ltd. following the announcement of HCL Technologies Ltd. that it has divested its entire stake in NEC HCL System Technologies (NHST), a joint venture between Indian multinational company HCL Technologies and Japan's NEC Corp.
Shiv Prakash | Apr 02, 2013
Comments : 0
Global Economy
Turkey's aims to touch $2bn mark in arms exports by 2016
During the first defence and aerospace exhibition in Turkey's Ankara it came out that the country is poised to become an important weapons exporter in the region. By the year 2016, the country is aiming for $2bn in exports. Turkey's defence industry is one of the most dynamic in Europe, focused on research and development.
Krishna Y. | Mar 21, 2013
Comments : 0
Global Economy
Self employment grows in recession-hit Spain
Spain is suffering from a severe joblessness due to a severe economic slowdown. Today, Spain's unemployment rate stands at more than 26 per cent. The increasing rate of joblessness has, however, forced people to start their own ventures like cafes and boutiques etc.
Shiv Prakash | Feb 12, 2013
Comments : 0
Global Economy
Hug a woman in New York for 35 pounds an hour
A woman who is selling hugs in New york has been called 'worse than a prostitute' while others have said that she is 'monetising love'. But that hasn't stopped Jackie Samuel from putting an end to snuggling, which for her is a lucrative business.
Bani Thakur | Nov 06, 2012
Comments : 1
Global Economy
Rajat Gupta, a classic example of fall from grace in greed: Analysts
Former director of Goldman Sachs and disgraced Wall Street tycoon Rajat Gupta has been awarded two year's imprisonment and a fine of $5 million as a punishment in the case of insider trading. Gupta was accused of leaking secret informations related to board meetings to his billionaire friend Rajaratnam, who was also a founder of a hedge fund. Rajaratnam is already serving a sentence of 11 years.
Shiv Prakash | Oct 25, 2012
Comments : 2
Global Economy
Superpower to super-broke: Spain's riches to rags story
About 600 years back Spain was making so much money it didn't know what to do with it. After sourcing gold and silver from South America and Central America, and spices from the Philippines in the 16th century, it became the world's first global superpower - and within 100 years frittered away its wealth. Today, as Spain prepares to formulate its federal budget for 2013, the nation faces a disastrous 25 per cent unemployment with people up to three generations out of work. After enjoying an economic boom from 1970-2007 - Spain, which used to drink out of gold glasses is in danger of again becoming a tin-cup economy as it has run out of cash and is neck-deep in debt.
Rohit Karir | Oct 11, 2012
Comments : 0
Global Economy
US can save economy with a govt. debt fund of all mortages
In this article I want to highlight the 'final solution' to the US economy crisis, which ensued after the Lehman Brothers collapse. This solution can still be adopted to save the world from further economic crisis and bring the US economy back in shape.
Manu Sharma | Sep 14, 2012
Comments : 0
Global Economy
Saudi traders fear increasing popularity of date festival
Though local traders are excited at the burgeoning popularity of the date festival, held in Saudi Arabia every year, but on the flip side the entry of foreigners into the trade has threatened their existence.
Arjun Yadav | Sep 04, 2012
Comments : 1
Global Economy
Tajikistan invites India Inc. to strengthen bilateral trade
The President of Republic of Tajikistan has urged the captains of Indian industry for enhancing the bilateral trade through mutual economic co-operation and development between the two countries in various sectors like energy, mining, pharmaceutical, light industry, eco-tourism, roadways construction, agriculture, transport, communication and others.
Shiv Prakash | Sep 04, 2012
Comments : 0
Global Economy
Persistent economic crisis turning people towards Marxism
People across the globe are gradually turning towards Marxism to find a way out from the global economic crisis. The Marxist ideology of equal distribution of wealth is gaining ground in many countries.
Rupam Banerjee | Aug 16, 2012
Comments : 0
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