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Business / Internet05.05.2011

Converting the Virtual Economy into Development Potential

According to a new infoDev study, the Virtual Economy is worth some $3 billion and provides new types of jobs in developing countries.

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Crimes / Politics17.03.2011

Leaked Cable on Bribes for Nuclear Deal Sets Off Furor in India

"The revelations, contained in a July 18, 2008, cable obtained by Wikileaks, portray a massive, all-out effort by the Congress Party to win a confidence vote in India’s parliament that could have toppled the wobbly coalition government and doomed the nuclear deal. In the cable, written five days before the critical vote, a political aide to an influential Congress Party lawmaker told a United States Embassy diplomat that one small regional political party had already been paid millions of dollars in bribes for support. The aide also “showed the Embassy employee two chests containing cash and said that around Rupees 50-60 crore (about $25 million) was lying around the house for use as pay-offs,” according to the cable. Another Congress Party member told an American diplomat that Kamal Nath, a government minister, “is also helping to spread the largesse” and was offering jet airplanes as enticements."

ambani

Business / Politics / Society25.02.2011

Wenn sie streiten, fällt in Indien der Strom aus

Er vermacht seinen Söhnen den größten Industriekonzern des Landes. Reliance heißt er, zu deutsch: Vertrauen. Die Umsätze des Mischkonzerns machen 3,5 Prozent der indischen Wirtschaftsleistung aus und zehn Prozent der Exporte. Hauptversammlungen werden in Sportstadien abgehalten. Und so kommt es, dass in manchen Städten Indiens der Strom ausfällt, weil Mukesh mal wieder auf Anil losgeht. Oder dass die Börsenkurse beben, wenn Anil zum Gegenschlag ausholt.