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Why is Haiti so poor?

Some context on the current disaster’s aftermath in Haiti, the poorest country in the Americas.  Jared Diamond, of Guns, Germs and Steel fame, in his later book Collapse compares Haiti with Dominican Republic – located on the same island of Hispaniola – where incidentally Columbus landed in the Americas. He too attributed Haiti’s lower economic [...]


Financial crisis eliminated 2.2 mn jobs in Latin America

 SMETimes
The economic crisis eliminated 2.2 million jobs last year in Latin America and the Caribbean, a figure that boosted the rate of unemployment from 7.5 percent to 8.4 percent, according to a report released by the International Labour Organisation (ILO).
The ILO forecasts that this percentage, which reflects the 18.1 million of those currently jobless, could [...]


Two BRICs – India vs. Brazil

Emerginvest Featured Analysis: Rebacca Wilder
In fact, the BRIC data, side-by-side, paints a darker picture for Brazil’s growth trajectory than that for India. Let’s see why.
India, China, and Russia increased their respective investment shares of GDP over the latest decade- Brazil, too, but at a much slower rate. India (as I discussed in a previous post) [...]


Toyota reveals its emerging markets car

Source: just-auto.com editorial team
Toyota has named and unveiled its new Etios emerging markets car at the 10th Auto Expo automobile show in New Delhi. It will build the Etios at a new plant in India and later, from around 2011, in Brazil.
In India it will target family users with a ‘one class above’ theme. It [...]


Physalia – A Positive Energy Amphibious Garden To Clean Waterways

The Ganges could use this on its course.Ecofriend
Eco Factor: Renewable energy generating amphibious garden to clean waterways.
The UN estimates that rising at the current rate, population will soar to about 9.2 billion in 2050. However, even today more than one billion people don’t have access to potable water and more than three thousand people die [...]


India’s 20 Percent Biofuels Mandate is Back

Clean Energy Sector
[T]he new incarnation of India’s 20% biofuels mandate (An indicative target of 20 percent blending of bio-fuels in diesel and ethanol by 2017) arrived in Delhi on Christmas Eve, bringing tidings of great joy to those inside and many outside the industry, including the announcement of a national biofuel fund for second generation [...]


Indian business owners loose top spot to Chile for 1st time in last 5yrs: Grant Thornton

IndiaInfoline
The International Business Report (IBR) survey of over 7,400 privately held businesses (PHBs) across 36 economies, now in its 18th year, also highlights a group of ten economies where businesses are more optimistic about the outlook for their economies than International Monetary Fund (IMF) forecasts might suggest.
Businesses in Chile, India, Australia, Vietnam and Brazil are [...]


India’s 20 Percent Biofuels Mandate is Back

Clean Energy Sector
[T]he new incarnation of India’s 20% biofuels mandate (An indicative target of 20 percent blending of bio-fuels in diesel and ethanol by 2017) arrived in Delhi on Christmas Eve, bringing tidings of great joy to those inside and many outside the industry, including the announcement of a national biofuel fund for second generation [...]


UN opens Biodiversity Year 2010 with plea to save world’s life-supporting ecosystems

“The greatest shortcoming of the human race is our inability to understand the exponential function”. Prof. Albert Bartlett, Emeritus Prof of Physics, University of Colorado, BoulderMust see videos on the arithmetic of steady growth, continued over modest periods of time, in a finite environment. Here is one video in this series below:

With exponential growth in [...]


Brazil stocks cap 2009 recovery with 83 pct gain

 Reuters
Brazilian stocks edged higher on Wednesday and posted hefty gains of about 83 percent for the year, underscoring the strength of the recovery in an economy viewed as an investor darling. The index’s 2009 gains of 82.66 percent stand in stark contrast to the Bovespa’s performance in 2008, when it plunged 41.2 percent, its second-worst [...]