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Archive for April, 2012

Beef hits India’s sacred cow

The cashier at Qureshi’s butchery looks out his window in Nizamudin, Delhi, on March 12. U.S. missing out on India’s boom?The majority of India’s 24 states outlaw the slaughter of cows except under extenuating circumstances: to stifle contagious diseases, prevent pain and suffering, medical research, etc. And several states — including Delhi and Rajasthan, among others — ban the sale and slaughter of cows altogether.The strict laws against cow slaughter in the majority of India’s provinces have forced the lucrative cow beef trade underground. An estimated 1.5 million cows, valued at up to $ 500 million, are smuggled out of […]

Africans looking to China

Africans multinationals in ChinaThis strong new trading community builds on a growing business engagement between the two sides. Already Africa’s largest trade partner, China’s economic cooperation with the continent has shot up in recent times. Two-way trade between the two surged to a record $ 114.8 billion in 2010, according to Chinese authorities.Linking aid, trade and investment, Beijing’s business model in Africa involves building extensive infrastructure projects in the continent and granting loans in exchange for access to natural resources, trade opportunities and expansion into new markets.Read more: Why Asian giants scent opportunity in AfricaBut the burgeoning relationship between the […]

Oil pricess rises to $104 at Europea

Oil prices rises to $104 and this seems that new recession can occure at Europea. After war at the middle east and new sanction to Iran, Eauropean countries have gone through the wringer about oil. Is new economic recession at door?

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