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Contents contributed and discussions participated by Esther F

Esther F

Greek Parliament set to approve new bailout deal - 0 views

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    The article discusses the circumstances surrounding Greece's latest plan of cutbacks in both pensions and public sector jobs in order to try to restore the economy.
Esther F

Microcredit doesn't end poverty, despite all the hype - 0 views

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    The article discusses whether or not micro credit is helping people escape the poverty cycle, or whether it just forces them into further debt. The conclusion made is that maybe the micro banks should focus on savings instead of loans because "it is much harder to get in trouble by saving too much than by borrowing too much"
Esther F

Don't seek exclusive rights to SL, India told | Breaking News - 0 views

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    The article deals mostly with the trouble arising in Sri Lanka as both India and China, two super powers, want to have exclusive rights in the small country. The article then moves on to discuss how India will help support micro credit schemes for ex-combatants in the war-ridden country.
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    The article deals mostly with the trouble arising in Sri Lanka as both India and China, two super powers, want to have exclusive rights in the small country. The article then moves on to discuss how India will help support micro credit schemes for ex-combatants in the war-ridden country. The micro credit will help encourage entrepreneurship among these people who now have no way of earning a living.
Esther F

New strategies to mitigate adverse effects - 0 views

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    In Sri Lanka people are finally beginning to focus on export-led strategies (which historically have proven much more beneficial to a country's development) as their currency has deprecated compared to e.g. India's, giving Sri Lanka an advantage in exporting.
Esther F

Higher learning hasn't helped us; Malawians let's go steal knowledge - 0 views

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    The article, an op-ed, speaks of how a reason for the excessive poverty in the majority of Africa (except for SA) can be blamed on a lack of education and patriotism. The advise given is that countries like Malawi should learn from the Western World and then adapt it to their own culture and identity.
Esther F

Burundi Franc Weakens - 0 views

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    Because a lot of companies and countries have chosen to stop donating to the country's further development which is tough as Burundi is in the bottom of the HDI ranking.
Esther F

Japan faces first trade deficit since 1980 - 0 views

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    As a result of the natural disasters the last year on top of the global financial crisis, Japanese exports have fallen substantially, while imports were necessary after big parts of Japan were hit by the tsunami and earthquake in 2011. This has resulted in deterioration and a trade deficit.
Esther F

RBA slashes interest rate forsecond straight month - 2 views

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    In Australia households have decreased spending as there is starting to be a growing awareness of the decrease in GDP and higher exchange rates.
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