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Global Wage Report
Global wages remain far below pre-crisis levels, says a new United Nations report, which points to a continuing slowdown in developed countries alongside increases in emerging economies. The Global Wage Report 2012/13, released on December 7th by the International Labour
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EU Receives 2012 Nobel Peace Prize
The European Union (EU) received the 2012 Nobel Peace Prize on Monday in recognition of over six decades’ contribution to the advancement of peace and reconciliation, democracy and human rights in Europe. The EU ambassador to Tanzania Mr Filiberto Sebregondi
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Norway’s Prime Minister Jens Stoltenberg: Need to see Renewed Growth in the EU
On Monday Dec 10th Norway’s Prime Minister Jens Stoltenberg hosted a working lunch for EU leaders who will be in Oslo to attend the Nobel Peace Prize Award Ceremony. The economic situation in Europe had been chosen as the theme
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Replacing Aid with Trade
Modern India, boasting its own space programme spends 70 billion pounds annually in fighting poverty and no longer needs British aid. Earlier this year, finance minister Mukherjee described Britain’s eight year, 1.6 billion pounds programme as ‘a peanut’. This peanut
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European Commission: Helping SMEs Seize Global Opportunities
The priority for Europe now is to overcome the crisis boosting competitiveness and growth. Fast growing emerging markets such as China, India, Russia and Brazil, with strong growth rates and potential represent significant opportunities for EU companies. Exports outside the
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Janamitra Devan: The Innovation Imperative
Overcoming the Myths and Recognizing the Realities of Innovation, Job Creation and Prosperity By Janamitra Devan Innovation drives competitiveness, and maximizing competitiveness is indispensable to achieving sustainable job creation. Any economy with a weak innovation capacity will see its competitiveness
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Hitting the Middle Classes by Taxing the Rich
The Paradox of Taxation The latest tax figures from Britain make interesting reading. Her Majesty’s Revenue and Customs reported a 60% fall in the number of taxpayers declaring an income of over £1 million a year during the 2010-2011 tax
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France and the Changing Face of Economic Power
The recent statement by France’s minister for industrial Recovery is not going to help France to continue to attract investment from the growth economies. Minister Arnaud Montebourg told French business daily Les Echos that, “We no longer want Arcelor Mittal because
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UN Security Council Urges Wider Role for Women’s Groups in Peace Efforts
The Security Council has called on the international community to give women’s civil society organizations a prominent role in the negotiation, planning and implementation of peace processes and post-conflict development programmes. “The Security Council takes note of the important role
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Balancing Act in Tunisia
In 2011, popular protests in Tunisia rid the country of Zine al-Abidine Ben Ali and towards year end Moucef Marzouki was installed as president of his country. These events provided clear inspiration for the Arab Spring. Mr Marzouki had been
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