Euro Crisis – PIIGS Welcome Hungary
The crisis in Europe seems to gain one more chapter and PIIGS another letter: “H” of Hungary. On June 4 strong rumors pointed to a possible “default”, the technical term used to designate a default on its debt, Hungary due to a fiscal deficit of around 7.5% of GDP. The markets reacted quickly and the Bovespa fell 2.01% after opening steady.Opening Doors in Stellenbosch, South Africa
The children in the Ikhaya Elementary School located in the Khayamandi Township outside of Stellenbosch, South Africa were asked to voice complaints about their living standards. Inadequate housing was of main concern in the letters written on scrap paper with broken pens and pencils. Lacking proper structures, the slums these children were forced to call “home” had barely survived the wettest and longest winter on record in over 100 years.Child Labour – An International Conspiracy
The United Nations’ advocacy to combat Child Labour through ‘Conventions of the Rights of the Child’ became universally accepted and ratified by 190 states in less than a decade since its inception in 1989. Regulation of labour issues had been entrusted with the International Labour Organization (ILO) which promoted the eradication of child labour by setting up a minimum age for employment.Confronting Expatriation
The advent of globalization has witnessed a surge in the number of immigrants in many nations. With business growing beyond borders, the last era has seen the dawn of the concepts like multinationals and trans-nationals.Drilling For Shale Gas
Vast amount of natural gas has been discovered in Europe in shale rock and it is believed there may be around 200 to 300 trillion cubic feet in Europe. Advancement in technology now enables us to extract shale gas at a reasonable price.