WORLD ECONOMIC JOURNAL – JOURNAL ISSUE – 23
The Main Topics of the December Issue of the World Economic Journal:
Are the BRICS Countries Becoming the BRICK Countries?
In 2011, the unofficial union of the BRIC countries joined together with the Republic of South Africa. But besides its rich reserves of natural resources, South Africa has nothing else to merit its entry in the bloc. In the world of developing countries, a worthy country to include in the ranks is another “bloc” country, such as Kazakhstan.
EU officials will travel to Oslo on December 10 to receive the 2012 Nobel Peace Prize. The many disputes and jokes about who exactly will go to accept the award seem to have been exhausted.
The Era of Xi
Analysts suggest that the new Chinese leader, Xi Jinping, will cater to the interests of the middle class, but key decisions will have to consider the interests of the various clans.
Hungry as a Wolf
North Korea could see a repeat of the disastrous situation of the 1990s when, according to various estimates, food shortages killed between 600,000 and 3.5 million people.
Bright Minds, Skilled Hands
At first glance, many companies in developing countries are in a bit of a paradox: Crowds of unemployed people stand at the gates of factories, yet vacancies cannot be filled.
Specialized Labor in Demand
Despite gloomy forecasts predicting a continued rise in unemployment, people qualified for specialized jobs may be able to find decent work in English-speaking countries without much difficulty.
Russian companies are expanding their reach into Balkan enterprises.
Bolívar Can Carry On
The leader of the Bolivarian Revolution is getting ready to rule for the next six years, and perhaps more, if sickness doesn’t prevent him.
Danladi Bako: “Nigeria is a Country of Underestimated Potential”
Nigeria is becoming increasingly popular with global investors. Who is investing in what in Nigeria? Nigeria’s Minister of Information, Danladi Bako, discussed the matter with WEJ.
The Westernmost Euro-Crisis
Some of the measures taken by the Spanish government in 2010, in an attempt to avoid becoming dependent on European funds, affected Portugal’s economic growth.
Snafus in the Celestial Empire
In recent years, Chinese consumers have shown that this is not such an easy task and that even the executives of the most famous global brands have to understand the local context if they want to be successful.
Europe Under Frankfurt’s Baton
The economic situation in the Eurozone has forced the European Central Bank and the European Commission to take new measures to revive the economy.
There Won’t Be a Recession
Although investors are mainly worried about the European continent this year, many analysts feel that American stocks are already not as attractive as they were previously.
Vladimir Salahutdinov: “The Business Travel Market is One of the Best Investments for Companies”
WEJ spoke to the Head of American Express in Russia and the Chairman of the American Express Bank, Vladimir Salahutdinov about the market for business tourism and how it can be used as an indicator for national economies.
Joerg Bongartz: “Investors’ Readiness to Take Direct Action is Increasing»
Joerg Bongartz: the CEO of Deutsche Bank in Russia, talked to the World Economic Journal about the volatility and uncertainty in the global market.
Wings from the East
Arab airlines are increasing their influence around the world today.
Economizing Sets the Course
Consumer habits are changing because of the crisis and sometimes in rather bizarre ways.
A Little One for the Gentlemen
Just take a look at the new Range Rover. The British have achieved a truly unique fusion of history and hi-tech.