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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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3 Interview Questions That Reveal Everything

Employee fit is crucial. Here’s a simple way to know if a job candidate is right for your business. Interviewing job candidates is tough, especially because some candidates are a lot better at interviewing than they are at working. To

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Kabul Road Works are Partners’ Pride

Emergency road repairs continue apace in Kabul, months after its harshest winter in 20 years but their ongoing significance goes much beyond a smoother ride for residents of the Afghan capital. The road works are a shining example of the

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More aid is pledged, but it will not solve Afghanistan’s many problems

AFGHAN officials returned from a conference in Tokyo on July 8th relieved that the world had promised another $16 billion in aid over the next four years. The sum corresponds roughly to what the nation’s leaders and the World Bank

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Are Facebook “Likes” of any value to businesses?

BBC ran an investigation on the value of adverts that companies pay to gain “likes” on Facebook and suggested that it is a waste of large sums of money. “Likes” are highly valued by many big businesses. By “liking” an

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Manmohan Singh

Dr. Manmohan Singh is the 17th and current Prime Minister of India. Singh is a member of the Indian National Congress party and became the first Sikh to become Prime Minister of India on May 22, 2004. He is one

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Why Russia locks up so many entrepreneurs

In the last 10 years Russia has imprisoned nearly three million entrepreneurs, many unjustly. This statistic comes from a new ombudsman for business rights, Boris Titov, who says it is “hard to find another social group persecuted on such a

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World Bank to Boost Access to Electricity and Clean Fuels, Renewable Energy and Energy Efficiency

  RIO DE JANEIRO, Brazil, June 21, 2012 —The World Bank Group announced today that it will boost efforts to expand energy access, while also increasing support for renewable energy and energy efficiency in developing countries, responding to UN Secretary-General

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Currency Envy: My money is bigger than yours

SINCE January 2007, one Hong Kong dollar has been worth less than one yuan. According to Joseph Yam, a former head of the Hong Kong Monetary Authority, that matters to Hong Kongers visiting mainland China. In a paper published this

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China’s labour shortage: getting worse

Considering the state of the world economy, a labour shortage is the last thing you’d expect Chinese factory owners to have to worry about. But finding workers in southern China is worse than last year, according to an annual survey

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India's economy:The democracy bottleneck

BUSINESS leaders in India frequently suffer China envy. If only India’s political system was like China’s, they reason, the government could push through much needed reforms and the economy would take off (and stay airborne). Simplistic as that prescription is,

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India’s economy:The democracy bottleneck

BUSINESS leaders in India frequently suffer China envy. If only India’s political system was like China’s, they reason, the government could push through much needed reforms and the economy would take off (and stay airborne). Simplistic as that prescription is,

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Angela Merkel’s new partner

The French president must learn to dance with a dominant German chancellor THE Merkozy era is over. So how to label the partnership of Angela Merkel and François Hollande? Merging first names to make Frangela is too familiar for leaders

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REGIME CHANGE-Losing faith

YESTERDAY, my colleague wrote a nice post on the troubles in the world economy that feels a little too optimistic to me, but which gets at one interesting and disturbing aspect of the present ill wind blowing around the world economy. As

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John Maynard Keynes

So influential was John Maynard Keynes in the middle third of the twentieth century that an entire school of modern thought bears his name. Many of his ideas were revolutionary; almost all were controversial. Keynesian economics serves as a sort

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‘Get Rich by 2014’!

  Afghanistan’s Squandered Foreign Aid Has Young Businessmen Worried About Future KABUL, Afghanistan — About three years ago, Abdul Fattah grew tired of seeing his cousins driving fancy cars, impressing girls and earning the respect of strangers, and decided it

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'Get Rich by 2014'!

  Afghanistan’s Squandered Foreign Aid Has Young Businessmen Worried About Future KABUL, Afghanistan — About three years ago, Abdul Fattah grew tired of seeing his cousins driving fancy cars, impressing girls and earning the respect of strangers, and decided it

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Taxation, productivity and prosperity

The focus of US economic policy discussion at present is almost entirely on fiscal deficits and the level of taxes. My view is that these are second or even third order issues. What matters far more is the capacity of

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How to feed a planet

Why the world needs an agricultural revolution in Africa THIS chart is the nearest thing to a snapshot of everything you need to know about feeding the world. It comes from Cargill, a grain trading company, and shows which regions

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Healthy economy will bring stability to Afghanistan

Afghanistan may be back in the American consciousness, but this is hardly good news. If anything, US President Barack Obama’s much-needed focus on the campaign against the Taliban has outlined just how difficult the fight has become. Frustrated with what

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Facebook's IPO Is Great for Start-ups

The biggest tech public offering in history is big news to the start-up world. Here’s why its a win for innovation, user-experience, and the little guys. While everyone is talking about Facebook’s IPO and the future of the company as

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Facebook’s IPO Is Great for Start-ups

The biggest tech public offering in history is big news to the start-up world. Here’s why its a win for innovation, user-experience, and the little guys. While everyone is talking about Facebook’s IPO and the future of the company as

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The Only Way to Become a Business Rock Star

Natural talent only takes you so far. This is what carries you the rest of the way. Some business people are like rock stars: Richard, Warren, Bill, the late Steve—all rock stars. Why are they like rock stars? Even without

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Literacy Change Lives for Afghan Women

WFP food rations can be an incentive for families to send women on training courses, where they learn how to read and write as well as basic marketable crafts. Enjila Hashimi spoke to women on a course in Kabul to

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Jobs for the long run

UNEMPLOYMENT is high, and the longer people are unemployed the longer they are likely to stay that way. Eventually, they may become discouraged and drop out of the labour force. So what can be done? The economic infighting about whether

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