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China’s Internet Users Go Mobile

For the first time, desktop computers are overtaken by mobile phones for internet usage. The report from the China Internet Network Information Center (CINIC) said over 50% of the year’s new internet users were from rural areas. The decrease in

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The European Cigarette Industry Is Getting Slammed By The Euro Crisis

Conventional wisdom would suggest that smoking is a business that’s immune to economic downturns.  Some might argue that smoking might actually rise during periods of economic distress. However, the folks at Philip Morris International (PMI) would argue otherwise.  Earlier this

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Bus Service to be Launched Soon between Kandahar and Quetta

Kandahar Transport Director Najibullah Ahmadi said that his department is making efforts to launch a new bus service between Kandahar City, the capital of southern Kandahar province, and Quetta, the capital of Pakistan’s southwestern Balochistan province. Ninety percent of the

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IMF’s Top Economist Critical of the Fund in his Resignation Letter

Peter Doyle, who served as an economist in the International Monetary Fund for 20 years, expresses his criticism about the organization in his resignation letter. He describes the performance of the Fund as “incompetence” over a ten year period. Mr.

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