Tag Archives : job creation

Through a subsidiary of the conglomerate Daewoo, South Korea concluded in 2008 with Madagascar an agreement to lease 1.3 million hectares for 99 years. Land leases in Africa are not only prevalent; they are dirt cheap. Land rights are very low in northern Sudan, for instance, where a hectare can be leased from 2 to 3 dollars per year. In Ethiopia, [...]

Believing in ecology as an engine of growth, South Korea will invest up to more than 12 trillion won or approximately $9.5 billion by 2013 in a plan that may yet be called the ‘Greening’ of South Korea. Decided upon last January in response to the economic crisis, the Green New Deal which mixes industrial, political, and public mobilizations should [...]

British Prime Minister Gordon Brown announced that the agreements resulting from the G-20 summit in London are not about mere words but a global plan of action to end the currently raging world recession. The immediately pledged measures from the world’s richest economies total $1 trillion. Some of the measures include: increasing the resources of [...]