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Showing posts from November 13, 2013

MOL pledges to support typhoon relief efforts in the Philippines

By: AJOT | 

Nov 13 2013 at 12:07 PM 

Mitsui O.S.K. Lines, Ltd. has announced that the MOL Group will provide free transport of relief supplies by containerships to the central Philippines devastated by the recent typhoon.

The company has already made a monetary donation of US$30,000 to emergency relief efforts.

The MOL Group expresses its heartfelt sympathy to the people and communities afflicted by this disaster and hopes they will be able to return to normal life as soon as possible.

Ocean transport of emergency relief supplies by MOL containerships

Items covered:

 Grant aid supplies from contributors such as governmental institutions, municipalities, and government-approved aid organizations. However, some items such as dangerous articles, animals, and other regulated items may not be accepted. Please contact an MOL office or agent for details.

Type of transport:

By containership (dry containers)

Loading ports:

Ports where MOL Group-operated vessels make direct calls

Unloading ports:

Port of Ma…

East African Infrastructure Development, Part I: The Central Corridor


Editor's Note: This is a four-part series on the development of transport infrastructure in East Africa. The region is looking to expand its economy and increase international trade as it becomes a seemingly attractive destination for low-end manufacturing. Part 1 examines the factors behind the drive to improve and expand the region's transport infrastructure and the possibilities and limitations in the Central Corridor. 

East Africa's existing transport infrastructure is limited in its capacity and efficiency. If the countries in East Africa are to expand their commercial operations and attract new activity, particularly manufacturing, more reliable transportation networks will be needed. 

The Central Corridor transport route is crucial to the movement of exports (especially mining exports) from inland areas to the Tanzanian port of Dar es Salaam. However, the railroads in the Central Corridor need to be upgraded, if not replaced outright. Countries with interests i…

Is Nicaragua's Constitution facing an extreme Sandinista makeover?

Editors' Picks WORLDAMERICASIs Nicaragua's Constitution facing an extreme Sandinista... SUBSCRIBEand save79% SHARE The proposed reforms would target presidential reelection and the role of the military in politics –  affecting nearly one-fifth of the constitution.ByTim Rogers, CorrespondentNOVEMBER 12, 2013 Oswaldo Rivas/Reuters View Caption Nicaragua’s Constitution is about to get an extreme Sandinista makeover. After years of tweaking and sidestepping articles that were inconvenient to Sandinista rule, such as the ban on presidential reelection, the ruling party is now embarking on an aggressive campaign to overhaul the legal document in what critics say is a bid to accommodate the party's needs. Proposed changes to 39 articles would pave the way for President Daniel Ortega’s indefinite reelection and replace Nicaragua’s representative democracy with a version of “direct democracy,” as envisaged by Mr. Ortega's politically active wife, Rosario Murillo.  Sandinista lawma…

COUNTRIES THAT LIVE WITHIN THEIR MEANS : The Real Heroes of the Global Economy

Dani Rodrik is Professor of Social Science at the Institute for Advanced Study, Princeton, New Jersey. He is the author of One Economics, Many Recipes: Globalization, Institutions, and Economic Growth and, most recently, The Globalization Paradox: Democracy and the Future of the World… read more

NOV 13, 2013


Economic policymakers seeking successful models to emulate apparently have an abundance of choices nowadays. 
Led by China, scores of emerging and developing countries have registered record-high growth rates over recent decades, setting precedents for others to follow. 

While advanced economies have performed far worse on average, there are notable exceptions, such as Germany and Sweden. 

“Do as we do,” these countries’ leaders often say, “and you will prosper, too.”

Look more closely, however, and you will discover that these countries’ vaunted growth models cannot possibly be replicated everywhere, because they rely on large external surpluses to stimulate the…


Ten mega corporations control the output of almost everything you buy; from household products to pet food to jeans.

According to this chart via Reddit, called "The Illusion of Choice," these corporations create a chain that begins at one of 10 super companies. You've heard of the biggest names, but it's amazing to see what these giants own or influence.

(Note: The chart shows a mix of networks. Parent companies may own, own shares of, or may simply partner with their branch networks. For example, Coca-Cola does not own Monster, but distributes the energy drink. Another note: We are not sure how up-to-date the chart is. For example, it has not been updated to reflect P&G's sale of Pringles to Kellogg's in February.)

Here are just a few examples: Yum Brands owns KFC and Taco Bell. The company was a spin-off of Pepsi. All Yum Brands restaurants sell only Pepsi products because of a special partnership with the soda-maker. 

$84 billion-company Proctor & …