Friday 15 December 2017 \

 

Economy

Gasoline prices in Crimea expected to come down

Source : QHA / 09 Apr 2014

Prices for petrol in Crimea expected to come down to Russian level in May, Crimean vice premier Rustam Temirgaliev announced.

The channels on delivery and keeping of gasoline and diesel fuel with Russian biggest companies already established.

 

Nigeria becomes Africa's biggest economy

Source : BBC / 08 Apr 2014

Nigeria has "rebased" its gross domestic product (GDP) data, which has pushed it above South Africa as the continent's biggest economy.

Nigerian GDP now includes previously uncounted industries like telecoms, information technology, music, online sales, airlines, and film production.

 

Simferopol airport may become Russia’s biggest

Source : QHA / 07 Apr 2014

The airport of Simferopol, the capital of Crimea, region that recently joined Russia, may become one of Russia’s largest with an annual throughput capacity of over 5 million passengers, Transport Minister Maxim Sokolov said, ITAR-TASS reports.

 

Multi-billion dollar metro project begins in Saudi Arabia

Source : Al Arabiya with Reuters / 07 Apr 2014

Saudi Arabia has begun construction work on its long awaited first metro rail system in the capital Riyadh.

The multi-billion project will involve six rail lines extending 176 kilometers and carrying electric, driverless trains, in what Saudi officials project to be the world's largest public transport system.

 

Work on 1st Turkish nuclear plant to begin in May

Source : World Bulletin / 07 Apr 2014

Construction of Turkey’s first nuclear plant will begin in May if an environmental impact report wins approval.

The report on the Akkuyu nuclear power plant has been submitted to the Environment and Urban Planning Ministry for evaluation. According to government officials, the Environmental Effect Evaluation Report could be approved in May.

 

New Zealand tops social progress index, world's biggest economies trail

Source : Trust.org / 05 Apr 2014

New Zealand came first in a global index published on Thursday that ranks countries by social and environmental performance rather than economic output in a drive to make social progress a priority for politicians and businesses.

 

Uganda partners with Egypt to excavate water weed

By Andrew Masinde / New Vision / 05 Apr 2014

Uganda has partnered with Egypt to remove the weed that evaded Lake Kyoga.

The task of clearing the weed started in 1999 and has registered two successful phases.

 

World food prices jump again in March - U.N.’s FAO

Source : Reuters / 04 Apr 2014

Global food prices rose to their highest in almost a year in March, led by unfavorable weather for crops and political tensions over Ukraine, the United Nations food agency said on Thursday.

The Food and Agriculture Organization's (FAO) price index, which measures monthly price changes for a basket of cereals, oilseeds, dairy, meat and sugar, averaged 212.8 points in March, up 4.8 points or 2.3 percent from February.

 

Government seeks to abolish migrant worker quotas

Source : RT / 03 Apr 2014

The Russian government commission has approved a new scheme for hiring migrant workers, switching from current company quotas to an unlimited "patent" system.

The move is opposed by the Labor Ministry, but the government commission has supported it nevertheless, according to the Izvestia daily. The new plan has been developed by the Federal Migration Service and it allows not only major businesses but also small companies and even private entrepreneurs to attract workers from a broad on a much simpler basis.

 

Indonesia records fastest 2013 Travel & Tourism growth of G20 countries

Source : WTTC / 03 Apr 2014

Indonesia grew its economic contribution from Travel & Tourism by 8.4% in 2013, the largest growth of any G20 country. That is according to the latest research from The World Travel & Tourism Council (WTTC), the global authority on the Travel & Tourism Industry.

 
 

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