Currencies fall as situation in Syria brings increasing uncertainty

The Indian rupee has been one of Asia’s worst-performing currencies this year, and this week it plummeted to a 3.6% to 68.75% against the USD. Other currencies such as the Indonesian rupiah have also drastically plunged this week, while the dollar and stock markets weaver weakly as decisions on Syria are being discussed. Chiara Romano… Read More Currencies fall as situation in Syria brings increasing uncertainty

Slums in India and South Africa: From Hopelessness to Innovation

A recent academic study on the conditions that slum-dwellers live in, in the area of Cape Town, showed that the biggest negative to come out of the interviews conducted with these people was the sense of hopelessness and fatalism that they had succumbed to. Although the study was limited to certain slums in Cape Town,… Read More Slums in India and South Africa: From Hopelessness to Innovation

Italy faces another wave of immigrants, emergency or not emergency?

A new wave of immigrants disembarked on the coast of Sicily and Calabria (South of Italy) throughout the month of August in inhumane conditions and after a blunt rejection from the Mediterranean neighbour, Malta. 600 immigrants only on 15 August between Sicily and Calabria, including 106 people saved offshore 90 miles south of Lampedusa, and… Read More Italy faces another wave of immigrants, emergency or not emergency?