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Global Players

Jorma Ollila

Jorma Ollila

Jorma Ollila is the Chairman not only of Royal Dutch Shell but also cellphone mainstay Nokia. The Finnish cell phone maker has flourished under his aegis, now Ollila aims to do the same for the oil goliath, even as he promotes the usage of clean fuel.

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Thomas White Green Reports

The Upside of the BP Oil Spill May Be Natural Gas

Green Report

April 20th 2010 was a black day, marking one of the worst oil spills in the history of the world. And from floundering revenue to environmental damages to job creation, the BP oil spill has sent its tremors all over the globe in both negative as well as, surprisingly, positive ways.

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Gold bars

Postcards

Portugal New
Having always been a quiet performer in Europe, Portugal found itself unexpectedly thrust into the spotlight this year when attention was drawn to its budget deficit, which climbed to 9.4% in 2009. But with 382.5 tons of gold in its coffers, does Portugal have a safety net?

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Global Overview

Global Overview

Growth concerns rise as data disappoints New
If the concerns earlier this year were mostly about the European economy, the prospect of weaker economic conditions in other large economies, including the U.S. and even China, disturbed investor sentiment last month.

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Region review - Asia

Monthly Economic Reviews

Asia Pacific New
The Asian Development Bank (ADB) raised its 2010 forecast for Developing Asia from 7.5% to 7.9%, stating that strong exports, rising domestic consumption and stimulus initiatives in various countries could take the region’s growth trajectory higher.
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Region review - Africa

Middle East New
South Africa must ramp up its manufacturing output and strengthen its exports to achieve healthy economy growth even as Israel is suffering from a sliding PMI due to sluggish domestic and international demand.
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Seoul at night

Country Profiles

South Korea Updated
The global economic recession that began in 2007 with the collapse of Lehmann Brothers struck down South Korea’s burgeoning economy. Its key automotive industry suffered as customers in the U.S. and Europe cut back on buying and spending.
Read in HTML > PDF Report >pdf

 
Statue of Mustafa Kemal Ataturk

Turkey New
Turkey, with a history dating back to the dawn of civilization, has been making giant strides in transforming its economy. Despite being hit hard by the recession, the country has bounced back fast and is all set to become a member of the European Union.
Read in HTML > PDF Report >pdf

 
Streets of Cartagena

Colombia New
Leaving a violent past behind, Colombia is slowly emerging as a force to reckon with in Latin America. Under the able leadership of outgoing President Uribe, the country made good economic progress and the economy is expected to grow at the rate of 2.5% this year, helped by the turnaround in demand for its commodity exports.
Read in HTML > PDF Report >pdf

 
BRIC Spotlight

Retail Sector in China: The Next Big Thing?

Retail Sector in China: The Next Big Thing?


China’s retail sector is experiencing phenomenal growth as the government tries to retool its development model towards domestic consumption. With urbanization and the aspiring middle-class driving the retail boom, the country is poised to emerge as one of the largest global retail markets in the next decade.

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