emerging markets
Facebook Inc launched a stripped down version of its popular Messenger app for emerging markets on Monday as it seeks to expand its international footprint. Messenger Lite, which uses less data and is designed to work in areas with slower internet connections, will roll out in Kenya, Tunisia, Malaysia, Sri Lanka and Venezuela. Facebook said it will expand to other countries in the coming months.
The New Development Bank may signal a shift in global financial power.
A survey of African stakeholders carried out in 40 African countries by the OECD for the African Economic Outlook 2011 found that emerging partners such as China were ranked as having a comparative advantage for cooperation in infrastructure, innovation, and even health compared with Africa’s traditional bilateral and multilateral partners.
The initiative seeks to provide a deeper understanding of public diplomacy practices and trends in emerging markets of different political persuasions, against the backdrop of increasing multi-polarity and shifting world order.
An introduction to our India e-book from CPD Director Jay Wang.
“Clean energy technologies are no longer out of reach for developing countries, which are home to some of the most extraordinary wind, solar, geothermal, biomass, hydro and other natural resources,” the report says.
China is poised to displace the U.S. as the world’s biggest business-travel market by 2016, aided by accelerating export growth and slowing inflation. In China, the increasing pace of exports since mid-2013, consumer prices running below government targets and nominal wage gains that support more spending and profit growth are contributing to an expansion in the market.