In Pakistan, depending on your place of residing, there is no electricity from six to twenty hours a day. Whereas it has hit hard the lives of the common man, making it impossible to function on a day to day basis, it has also brought down production in industrial sectors drastically, costing contracts and jobs of millions across the country
In the annual report on trends in world employment, the International Labour Organization (ILO) estimates that "despite a moderate recovery in output growth" expected this year and for 2014, "the unemployment rate is expected to rise again and the number of unemployed in the world will grow by 5.1 million in 2013, surpassing 202 million."
American bloggers discuss the mass exodus of show business stars from California, where hundreds of expensive mansions were put up for sale at around the same time. Homes of Arnold Schwarzenegger, Charlie Sheen, Charlize Theron, Cher, Heidi Klum and other celebrities are up for grabs. What is hidden behind this escape from the American paradise?
Nestle was accused of failing to protect Luciano Romero, one of their employees and a Colombian trade union leader. The Trade Union Workers of the Colombia Agrifood System, said that the multinational did not protect the union member who was brutally murdered. The prosecutor of the canton of Vaud, Switzerland has filed a complaint against Nestlé.
Europe is the only part of the world where things the situation for air carriers leaves much to be desired. In 2012 the total loss of European companies amounted to over 1.2 billion euros. The media keeps delivering information about strikes of airline employees. As a result, passengers suffer. What is behind the poor state of airlines in Europe?
Every day, people drink about three billion cups of tea. Tea is one of the most popular beverages in the world. In this connection, it is particularly interesting that tea's popularity is almost completely based on a series of incidents. Tea is a paradoxical example of a product that is engaged in it own marketing by itself
Russia and Cuba are preparing a joint energy project. Russia will provide a loan of 1.2 billion euros and help Cuba modernize four units of thermal power plants. Despite significant investments, Russia hopes to ultimately benefit from the project. The need to maintain the equipment will help to strengthen the long-term relations between the two...
Mass demonstrations against the extraction of shale gas have recently been held in Romania and Bulgaria. US companies actively lobby the shale revolution in Eastern and Central Europe. All this happens against the background of anti-Russian slogans. Shale fever has already struck Lithuania, Ukraine, Moldova and Poland; the U.S. is rubbing its hands
One of the fastest growing markets in Russia is the market of mobile applications for smartphones. To the delight of software developers, their revenues will grow to $ 1.3 billion by 2016, whereas the apps market will grow eight times during the next four years. Games take the lead among all mobile applications in Russia
The Finns are upset with Russia because Russia allegedly violates WTO rules. Finnish forest companies can not start importing Russian softwood lumber as Russia defends the interests of its own producers bypassing WTO rules. The USA and the European Parliament accused Russia of the same a little bit earlier. Do they have any reasons to complain?
Sony Corporation will be left without its chairman, Howard Stringer, in the near future. He announced an intention to resign in June 2013, after the annual meeting of shareholders. The successor will be announced immediately after his resignation. However, such personnel changes do not mean much for the company
Bread is king, the proverb goes. Grain has been a key crop on the Russian soil in all historical epochs. However, it is not ruled out that in the future Russia will have to refocus its agriculture and cultivate entirely different crops, such as grapes or soy. The cause is drought that came along with global warming
Norway has recently announced the discovery of large oil and gas reserves. The reserves were found in the section of the bottom of the Barents Sea, which Russia had passed over to Norway. The Norwegians rub their hands with joy, while the Russian media draw analogies with other Russian territories that were gifted to other countries