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GLOBAL FOOD CRISIS : WASHINGTON POST

THIS post and National Geography and several news releases including a FEMA effort to solicit cost and delivery of dried food from its supplies in unprecedented manner are clear alarms…

Loan Sharks and Financial Terrorism: The Wonga Payday Lending Experiment

By Binoy Kampmark Global Research, October 19, 2014 This business has been too focused on growth and cared more about the loan outcome than the customer outcome. Andy Haste, Wonga…

Africa: Worsening Climate Change Could Affect the Economy

allAfrica.com: The devastating effects of climate change are already being felt across the planet, including in Africa. The 2011 drought-induced famine in the Horn of Africa affected more than 10…

Africa: China Slump to Be Bigger Than Expected, Threatening Millions in Africa

allafrica.com: China’s economy faces a slowdown in Gross Domestic Product (GDP) to between 2.4% and 5% next year, well below the current 7% IMF estimate, unless the government takes more…

Hong Kong unrest may shake world economy

USA Today: The protests in Hong Kong are not yet sparking fears that the region will become the next trouble spot for the global economy, but such concerns will grow…

China’s Xi Jinping signs landmark deals on India visit

Source: BBC India and China have signed 12 agreements in Delhi, one of which will see China investing $20bn (£12.2bn) in India’s infrastructure over five years. At a news conference…

Ebola could wreck W Africa economies, warns World Bank

BBC News: The Ebola outbreak could have a catastrophic impact on the economies of Guinea, Liberia and Sierra Leone, the World Bank says. The organisation says the economic impact of…

Islamic finance: Searching for Sukuk

African governments are looking to sharia-compliant financial markets to attract investment from the Middle East. The trend is just gathering strength, and experts expect more funds to flow into infrastructure…

China will overtake America to become world’s biggest economy within a decade

Source: Mail online China will overtake America to become the world’s biggest economy in just 10 years, according to a report. The U.S. has been the world’s economic leader for…

Corruption ‘impoverishes and kills millions’

An estimated $1tn (£600bn) a year is being taken out of poor countries and millions of lives are lost because of corruption, according to campaigners. A report by the US-based…

Lesson From Old India: When an Economy Just Doesn’t Get Better

Source: NY Times Commentators have often compared the recent Great Recession of the United States and Europe to the Great Depression of the 1930s. In both cases, asset prices tumbled, financial systems…

How Will Radical Islam Affect Development In Africa?

According to the AP, at the U.S.-Africa Leaders Summit on Tuesday U.S. President Barack Obama announced $14 Billion USD in investment commitments from U.S. companies including such heavyweights as General…

Israel’s economy is soaring—why isn’t it bringing peace?

Most of us have been taught that much of the world’s political instability and violence is rooted in economic problems and hardships. The argument often goes something like this: “If…

Argentina is now very close to default

By Charles Riley @CRrileyCNN July 25, 2014 HONG KONG (CNNMoney) The clock is ticking. Argentina will default in just a few days unless the country can find a way to…

The Boomerang Effect: Sanctions on Russia Hit German Economy Hard

By Matthias Schepp and Cornelia Schmergal The United States and Europe last week announced the imposition of stronger sanctions against Russia in response to the ongoing crisis in Ukraine. German…

Brics nations to create $100bn development bank

The leaders of the so-called BRICS countries – Brazil, Russia, India, China and South Africa – sign a deal to create a new $100bn development bank and emergency reserve fund.Global…

Consumer protection in Islam

TAJ AHMAD Published — Friday 6 June 2014 Protecting consumers from malpractices of traders and commercial organizations is an important responsibility of any state. Qur’an and Hadith laid down the…

ENERGY POLICY : Closer cooperation for Switzerland and UAE

swissinfo.ch May 26, 2014 – 20:20 The energy ministers of Switzerland and the United Arab Emirates signed a memorandum of understanding on Monday in Bern, pledging cooperation between the two…

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