News headlines for “Free Trade and Globalization”, page 864
ECUADOR: Keeping Age-old Weaving Technique Alive
- Inter Press Service
Outside the modest two-story adobe house, a flag of Ecuador flutters alongside a large sign that reads 'Ikat: weaving demonstrations and sales.' Hanks of yarn and colourful fabrics hang from the handrail running around the edge of the courtyard and balcony, and weaving looms can be seen inside.
EGYPT: Shark Attacks Bite Tourism
- Inter Press Service
The beaches of Egypt's Red Sea resort city of Sharm al-Sheikh are tentatively back to normal after having recently been the site of five separate shark attacks, one of which proved fatal. While the phenomenon's precise cause remains undetermined, local experts fear that the spate of attacks could have dire consequences for Egypt's vital tourism industry - especially in the event of another incident.
VENEZUELA: Socialism as Counterattack
- Inter Press Service
Venezuelan President Hugo Chávez began the new year with special powers to implement his '21st century socialism', while the opposition returned to the legislature Wednesday after a five-year absence.
EL SALVADOR: Small-Scale Fishers Want a Slice of the Sea
- Inter Press Service
For the third time in 10 years, small-scale fishers in El Salvador are trying to get Congress to modify the country's fishing law, to create a five-mile exclusion zone along the coast where the industrial fleet would be banned from fishing.
ECONOMY: Namibia Embarks on Nuclear Policy
- Inter Press Service
Namibia is set to develop its rich uranium resources and intends to pursue uranium enrichment locally. It also plans to build its own nuclear electricity plant.
TRADE: China Opens New Markets for Asian Economies
- Inter Press Service
In response to growing labour costs, China is increasingly turning to its neighbours to supply what it once produced locally - raw materials and intermediate goods, such as machine components and parts - to retain its international reputation as the ‘factory to the world’.
Q&A: Portugal's Development Aid Untouched by Crisis
- Inter Press Service
Despite the global economic crisis that has hit Europe especially hard, Portugal's official development aid to its former colonies will not decline this year, although 'unfortunately no increase is expected either.'
SRI LANKA: Economy Going Nuts
- Inter Press Service
At a marketplace near Colombo, consumers scramble for coconuts being sold from a state-owned truck. Sri Lanka is the world’s fourth largest coconut producer and a major exporter; but a crop shortfall and a drought have forced the country to import coconuts.
NICARAGUA: Lobster Divers in Deep Trouble
- Inter Press Service
Edgard Walters, who belongs to the Association of Disabled and Active Divers of the Atlantic Coast of Nicaragua, has been in a wheelchair since 2003, when he made his last dive for lobster in the waters of the Caribbean.
CHILE: Clouds on the Horizon in Fishing Industry
- Inter Press Service
Unemployment in Chile's fishing industry will rise this year, experts and the association of small-scale fishers warn, due to the reduction in catch quotas adopted in response to overfishing and plunging stocks of key species, particularly jack mackerel.
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