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• Maldives gears up for first democratic election
MALE, Maldives - To supporters, President Mamoun Abdul Gayoom is a hero who turned a poor nation of fishermen into a tourist paradise and the economic success story of South Asia. Detractors accuse him of ruling the Maldives as a dictator, violently ...
• Asia stocks off 5 percent as global crisis spirals
HONG KONG - Asian stocks dropped by around 5 percent on Monday, led by exporters, and the yen surged to a 2-year high against the euro as investors doubted a scattered European response to the financial crisis and a $700 billion U.S. bank bailout ...
• Markets in Europe, Asia post healthy gains
LONDON - European and U.S. markets brushed aside earlier losses in Asia and weaker than expected U.S. jobs data to post healthy gains Friday. Investors were eager to see the government’s plan to buy up the bad mortgage-related debt on US banks ...
• For chocolate lovers: more kinds of cacao
One of the targets is for us to improve cacao, because in many countries, like Asia and Africa, cacao losses could be up to 80 percent of the farm production," Motamayor said. Motamayor and his colleagues detailed their findings in a paper published ...
• U.S. financial panic goes global
When we buy less from Asia, Asia has less income and fewer jobs to generate(income) to buy from us.” But the flow of capital across borders dwarfs the flow of goods. That's why the spread of financial turmoil overseas is even more worrisome ...