A South African group has added a twist to its mircofinancing practice by providing additional training to its entrepreneurs — which is allowing some women to say "no" to their husbands for the first time. Gretchen Wilson reports.
Cars damaged by Hurricane Katrina have been making their way into Bolivia for sale. "Katrina cars" are sold cheaply and look almost new on the outside, but have serious mechanical problems. Ruxandra Guidi has more.
Indian steel and auto conglomerate Tata will likely be the proud new owner of luxury car brands Jaguar and Land Rover. And it could be a good match all around, Stephen Beard reports.
Dozens of officials in Brazil are accused of getting their palms greased to support the policies of President Lula da Silva. This week that nation's high court takes up the case that's been simmering for years. Dan Grech reports.
Visa delays, an unpopular war and an immigration crackdown have made America a less appealing destination for international students, and that could be bad for the U.S. economy down the road. Dan Grech explains.
In a roundabout way, the Russian energy giant Gazprom could become major natural gas supplier to the U.S. according to reports in the Russian press. Stephen Beard has details.
Two months ago, in an attempt to stem breakneck inflation, Zimbabwe's government ordered businesses to freeze prices. Since then, it's been crippled by a shortage of basic goods, and inflation shows no sign of slowing, Gretchen Wilson reports.
Just when it looks like the Fed might be ready to lower interest rates in the U.S., the European Central Bank has indicated it may raise rates over inflation worries. And at least one EU member state says the ECB's got it wrong, Stephen Beard reports.
Taiwan and China have a long-standing disagreement, to put it diplomatically, over whether Taiwan is independent. And China's powerful economy has forced the tiny island to be resourceful in gaining recognition from other nations. Dan Grech explains.
When the U.S. subprime mortgage industry sputtered out, it sent world markets into a tailspin. But that's nothing compared to what a crash in China's financial market would do to the global economy, Chris Farrell tells us.
