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Honduras

Honduras' Charter Cities: Potential Economic Miracles or New 'Banana Enclaves'?

Honduras is implementing a bold new plan to establish independent "charter cities" that will operate under separate laws in a bid to draw more foreign investment. Proponents says the plan will create thousands of jobs and spur economic development in the rest of Honduras, while critics say they will only open the door for corporations and other governments to exploit cheap labor and neoliberal tax laws.

Coke, GE Step In As Ex-Pariah Myanmar Opens To Foreign Investment

Myanmar
After breaking from decades of military rule, Myanmar's parliament ratified legislation promoting foreign investment on Friday, opening the southeast Asian country to investment from companies like MasterCard Inc. (NYSE: MA), the Coca-Cola Company (NYSE:KO) and General Electric Co. (NYSE: GE).
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The tail fin of the Boeing 787 Dreamliner is seen at the 2010 Farnborough International Airshow

Air India Receives First Boeing 787 Dreamliner

Air India took delivery of its first Boeing 787 commercial widebody airplane on Thursday at Boeing Co's final assembly plant after a months-long dispute between airline and manufacturer over compensation for a four-year production delay.
Miners at Rustenberg platinum mine

South African Labor Unrest Threatens Platinum And Gold Production

In the wake of a strike that left 34 platinum miners dead after clashes with police, South African unions continued to refuse to work, disrupting production of the metal in the country that accounts for 75 percent of global exports and spilling over to impact gold miners.
Red Dawn

Controversial 'Red Dawn' Remake To Premiere At Fantastic Fest

The troubled remake of John Milius’ “Red Dawn” is set to premiere at Fantastic Fest. The film, which stars Chris Hemsworth (“Thor,” “The Avengers”) tells the story of a group of teenagers who take to the hills of their Colorado town to fend off North Korean invaders.
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Samsung Says 10M Galaxy S3s Sold In Only 6 Weeks

Samsung Electronics (Seoul: 005930) said shipments of its latest-version Galaxy S3 smartphone exceed 20 million, only six weeks after passing the 10 million mark. The announcement cements the South Korean electronics giant’s lead as the No. 1 seller in the Android OS sector.
Hillary Clinton and Xanana Gusmao

Clinton Visits East Timor Signaling US Status As ‘Resident Pacific Power’

While former U.S. President Bill Clinton delivered a speech to the Democratic National Convention for President Barack Obama in Charlotte, North Carolina, Wednesday, his wife and U.S. Secretary of State Hillary Clinton was sipping her coffee at a bean-processing unit in East Timor, her fourth stop in an 11-day foreign tour.
Petrol price

Finance, Oil Ministries Push for Fuel Price Increase

The finance and oil ministries are lobbying for an increase in prices of diesel, kerosene and LPG, warning cabinet colleagues that time is running out to avert a fiscal disaster and a sovereign credit downgrade to junk by global ratings agencies.

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