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The global financial crisis has cost Grace Varghese, 50, a day trader in India's high-tech hub of Bangalore, more than $50,000.
Subway tickets via cell phones a ways awayMobile commerce has been touted as a major growth prospect for years, but the industry still faces several big hurdles before it takes off in the United States, executives and analysts say.
Latin America's economic downturn | Preparing for tougher times | The EconomistLatin America needs to maintain its fiscal and monetary policies close to the chest to stabilize its economies and solidify the gains made over the last decade.
Postumous prosperity dwell on too heavy concentration of high prices and significant isolation of profiled careers - opposite these resolutions ( which are the trade-off inflation-unemployment) explained on:
A survey of cars in emerging markets: Opportunities for carmakers | A global love affair | The EconomistUS car manufacturers are in a great deal of economic trouble at the moment. Even if they survive this crisis, many Americans may put off unnecessary car purchases. There is a ray of light, however, in the emerging markets of developing countries.
Environment, Economy Weigh on Bottled Water Sector ZURICH - The world's top sellers of bottled water are trying to stop western consumers turning back to the tap by addressing environmental issues and trumpeting health benefits, while expanding aggressively in emerging markets.
John Mauldin (invesment guru) raves about South AfricaI start this week's letter somewhere over the Atlantic, halfway through an 11-hour flight from Frankfurt to Dallas.
Bernanke's Emerging-Market Disciples May Need to Follow Volcker July 7 (Bloomberg) -- Policy makers in emerging economies from Russia to Vietnam may have to start acting less like Ben S. Bernanke and more like Paul Volcker if they want to bring inflation under control.
Inflation Blame, Mideast Money, U.S. Bank Regulation: Timshel July 4 (Bloomberg) -- In a case of the pot calling the kettle black, the U.S.
Losing Their Halo: Emerging Markets Start To FalterCONFIDENCE has begun to crack in emerging markets. Earlier this year, many people had still dared to hope that much of the developing world would decouple from the slowing American economy. But it has achieved this feat rather too well.
John Lipsky on the 2008 US Concluding Mission StatementConcluding forcaste of the US in 2008 shows a flat growth rate but a slow and gradual increase to 2% growth in 2009. Emerging markets continue to provide a bigger percent of world growth.
Bharti pulls out of MTN talksWhat could have made one of the largest telecom operator in developing countries over 100 million subscribers turned out to be failed attempt. Bharati telecom has a reputation of becoming a telecom giant from scratch within a decade with over 60 million subscribers.
Can the commodities boom survive a global recession?The case for commodities investing looks intact as the emerging world industrialises. But investors may soon be reminded that long-term bull markets don't go up in a straight line.
How to profit from rising soft commodities pricesWith the Chinese embracing Western diets and the Americans embracing biofuels, food prices will continue to soar. So how can you cash in?
Goldman alert over emerging marketsGoldman Sachs has begun to cut exposure to emerging markets, fearing that turmoil in the global credit markets risks triggering a "painful" correction in the high-flying assets of Latin America, Eastern Europe and parts of Asia.
Hot Slovenia beats China as world's top market SLOVENIA'S share rally has made its equity market more expensive than China's. Now investors say it is time to sell.
Nigeria's stable market wary of political shockAfrica's biggest oil producer, once considered a high risk, has seen the market capitalisation of its stock exchange double over 12 months to about $45bn, attracting both foreign and domestic investment. Nig-eria has cleared more than $30bn in external debt over the same period.
Why is it so hard to get Washington interested in Africa?But, to be most blunt, it's that white-guy (and yeah, we're talking a white-man world in DC and esp the intell community) fixation with Islam's apparent conquering of weak-willed Europe that seems to fascinate so many.
Africa calls on Brown to block IMF reformsAfrica is up in arms against a plan to reform the IMf giving more power to four developing nations and denying others more control over IMF policies.
Russia hasn't dropped out of the Core yetTom Barnett, blogging: Last Economist listed Russia as experiencing the greatest percentage uptick in foreign direct investment right now among top emerging markets.
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