Posts Tagged ‘India’

  • India's UID Program Uses Fingerprints and Iris Scans

    Identity Checks

    Jan 19, 12 • 305 Views • No Comments

    Opening a savings account? You need to confirm your identity. Enrolling for Social Security or Medicare? They check your credentials. But what if you cannot prove who you are? Signing up for India’s Unique Identity (UID) program has enabled many...  [read more]

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    The Story of a Candle Tax

    May 6, 11 • 782 Views • No Comments

    Our story begins with one 1986 tax, an “antidumping duty,” on Chinese candles. Responding to very low Chinese candle prices, the U.S. decided to protect domestic candle producers. By 2004, the tax was huge. More than 100%.  Also, candle...  [read more]

  • Displaying different strategies, McDonald's and Starbucks call a 16 ounce cup different names.

    More Conspicuous (Coffee) Consumption

    Mar 11, 11 • 326 Views • No Comments

    The same story. But now it is about coffee. Increasingly affluent, the Chinese have begun to drink more coffee (in addition to using more oil, eating more meat and buying more handbags). When talking about China, the International Coffee Organization says...  [read more]

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    When Will China and India Catch Up?

    Dec 17, 10 • 290 Views • No Comments

    In one wonderful 4 minute animated video, Swedish professor Hans Rosling shows us how, during 200 years, 200 countries became healthier and wealthier. The turning point for one group of nations is 1810 with the industrial revolution. The next turning point,...  [read more]

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    Indian Protests Fueled By Gas Price Hike

    Jul 11, 10 • 310 Views • No Comments

    A government decision to stop subsidizing gasoline prices in India fueled protests last week. The subsidy cost the indian government 2.5% of its budget ($5.5 billion). Now, with prices responding to the market, the record high deficit can drop....  [read more]