As we have been regularly reporting, commodity-based economies have been facing some very stiff headwinds over the past 12 months, none more so than the African petro-states. Few countries boomed faster than these states last decade, though sadly too much of the money was siphoned off by the ruling elites, meaning that Nigeria and Angola-…
During the sorry years of 2010-2011 when Luke Preece ran amok at TBI and ensured that all the other ex-pat managers at TBI were fired (dooming the company to its present funk of stagnation and rapidly shrunken market share), he was helped by Lilies Augustin, a self-confessed former bankrupt, who he installed as Marketing Manager…
During the boom decade of 2000-2010, the larger emerging markets were growing at vastly faster rates than developed economies, so it seemed that some of them would rapidly achieve ‘middle income’ status. In particular, it appeared that the BRICS grouping was going to attain a dominant role in the world economy. However, a few years…
While Malaysia might not be in as serious a situation as countries like Brazil and Venezuela, the commodities crash has had a serious impact on it as well. It is oil prices which gain most of the attention in the financial newspapers, but a whole gamut of commodities have been hit over the past couple…
Pengalaman Si Mangsa Cerson Hutabarat Misi agan agan sekalian ane mau bikin thread disini bukan mau fitnah atau menjelekkan tapi semata mata mau share agar ga ada lagi korban selanjutnya,,kronologisnya begini :May 2015 : Ane daftar kelas, pertama di tawarin sama salesnya buat bayar full sekitar 12 juta untuk 1 tahun tapi krna anak ane…
With the world’s mainstream media increasingly focused on the American election, especially the Battle of the Right-Wing Con Artists, Trump, Cruz and Rubio, you could be excused for not noticing that the world is still in the midst of an emerging markets crisis, with at least 29 nations affected. Yet for those willing to search…
In 1998 the American author Richard Rorty issued a grim prediction that the Neoliberal era that began with Reagan would eventually lead to the rise of American Fascism. The model of allowing multinational corporations and Wall Street to all but write legislation would lead to a lack of good-paying jobs and ever lower tax receipts…
Today we have received notice that International Language Centre MOI (Mall of Indonesia) is now closed. Mampus. Bankrupt. Belly up. All day we have been receiving Google searches about the closure / bankruptcy / fraud of ILC MOI. We also received a comment informing us that the school is now closed without giving notice to…
Having devoted a lot of attention to Nigeria, Venezuela and Kazakhstan in recent posts, this week I will devote the entire post to Indonesia. How is Indonesia’s commodity-based economy holding up compared to these other resource-dependent nations? Should we believe that Jokowi is really likely to deliver on his election year promises of 7% GDP…
Like many Central Asian nations, Uzbekistan is under the control of an authoritarian strong man. Islam Karimov has been in power since the time of the collapse of the Soviet Union in 1990 and he has ruled the country with an iron fist. The international community has repeatedly criticized the Karimov administration’s record on human…
tbilanguageschool 