Economy


Oil - The indispensable resource, by Brij Khindaria

What would truly be a nightmare for our quickly globalizing world economy? Most likely, successful terrorist attacks on major Saudi oil fields that send crude oil prices through the roof. That would greatly impoverish the developing world, destabilize world trade and financial systems, and possibly trigger an economic recession. Serious, perhaps irretrievable, damage would occur to global (...)

Interview with Espen B. Eckbo, Tuck Centennial Professor at Tuck School of Business

Tuck consistently ranks in the top 10 in all the major business school rankings and we had the pleasure of talking to Professor Eckboe who is the man behind the centre of Corporate Governance at Tuck. Professor Eckbo, what does it mean to be a Tuck Centennial Professor? Tuck was founded in the year 1900, and is today the world’s oldest MBA business school program. Year 2000 was the (...)

Interview with Mr. Guy Tozzoli, President and founder of the World Trade Centres Association

Nobody knew the World Trade Centre in New York City better than he did. From the conception of the trade centre in the early 1960s to the completion of the Twin Towers in 1973, he led the team of planners, architects and builders who overcame countless obstacles to construct the tallest buildings on earth. He is Mr Guy Tozzoli, a real New Yorker of Italian descent. He receives us kindly in (...)

Interview: Debra P. Innocent, Vice-President Marketing, United Nations Federal Credit Union (UNFCU)

Q: Your slogan is “Serving the People who serve the World‚.” What do you put into this? A: Actually, we put everything into it. For us, serving the people who serve the world really comes first and foremost, starting with our core values. We have four core values and one of them is providing high-quality service to our members. So, “Serving the People who Serve the World” really becomes very (...)

Open Sourcing Risk Management

Risk management is about managing uncertainty arising from a lack of knowledge about what will happen, or will not happen, in the future. Risk management is going through a paradigm shift with the broad application of the Australian/New Zealand Risk Management Standard (AS/NZ) 4360:2004. This tool moves risk management away from a central command and control approach in the hands of a few (...)

Microcredit —Interview with Ivan Pictet, Senior Managing Partner, Pictet and Cie, A Private Bank in Geneva

He is the eighth generation of a well-known banking family whose roots go back to fifteenth century Geneva. His name is well-known in the international community — both for having chaired the Foundation for Geneva and the Geneva Financial Centre, and lately in supporting the seminar on micro-credit hosted by Geneva in 2005 during the celebrations for the sixtieth anniversary of the United (...)

UNFCU Expands Member-Service to Best Serve UN Community— Interview with Daniel Ptacek, Vice President of Branch Operations

Having launched a Representative Office in Rome, expanded its presence in Geneva, introduced an international travel service as well as added multi-lingual representatives in its Call Centre - and all of this last spring, United Nations Federal Credit Union (UNFCU) is taking its service mission to new levels. DIVA recently interviewed Daniel Ptacek, vice president of Branch Operations and a (...)

Maurice : vision et pari ambitieux pour le futur !

Dans notre dernier num?ro, celui du mois de septembre/octobre 2006, nous vous avions propos?, l’espace d’un r?ve, un rapide tour d’horizon de l’ancienne Ile de France. D?sormais la R?publique de Maurice - petit pays de l’Oc?an Indien, lib?r? du joug britannique depuis le 12 mars 1968 - est pleinement engag?e dans un difficile d?fi pour gagner le pari du 21?me si?cle. Un objectif ambitieux certes, (...)

"Unification of gas pipelines: an on-going project" Interview with Sergei Kouzmine UN Economic Commission for Europe

In these days when the world in concentrating on the energy issue, an important work of standardization of different gas pipelines is being carried out in Geneva, more precisely at the UN Economic Commis-sion for Europe (UN ECE). The person in charge of this important work is Mr Sergei Kouzmine, who kindly accepted to tell us more about it all. Q: What are standards and why are they (...)

“New ways of transporting liquefied natural gas” Interview with Bart Lavent, Director Upstream Downstream of Exmar

In the past, natural gas recovered during oil production was not marketed and therefore it was simply burned (flared) at the oil field. Limited quantities were utilized as an energy source. With the advent of new technologies, investments in pipelines and liquefied natural gas (LNG), it now is possible to collect and process natural gas so that far more of it can be used as an energy source (...)

“Thorium-based nuclear energy” Interview with Professor Egil Lillest?l

In Norway, there has been a passionate debate about whether the country should convert to nuclear energy or not. Since April last year, Professor Lillest?l has been on the TV and radio advocating nuclear energy. But not just any form of nuclear energy — his ideas are based on the new technology of thorium, which promises what uranium has never delivered: abundant, safe and clean energy — and a (...)

“Nuclear energy for dummies” by Dr Howard Hornfeld

Now that many environmental groups are beginning to realize that nuclear energy is no longer the scare that it was some years ago (see, for example, the Tribune de Gen?ve, 16 January 2007, p. 7), maybe it’s time to understand what nuclear energy is, and in particular where the future of this technology lies. Energy in general Firstly, let’s think about energy in general terms for our society. (...)

Mauritius is also a paradisiacal destination for potential investors

It is now a well-known fact. The island of Mauritius, strategically located in the Indian Ocean, has a proven track record in terms of political stability. With a relatively strong economy - averaging a GDP growth of 5% over the past twenty years - it has recently introduced a number of reforms aimed at opening up the economy to attract foreign direct investment (FDI) as well as foreign, and (...)

Air Mauritius : " Une compagnie de classe internationale bien ancr?e dans le loisir ! "

Depuis sa cr?ation il y a bient?t quarante ans - la soci?t? fut cr??e en juin 1967 - la compagnie nationale mauricienne a constamment jou? un r?le crucial dans le d?veloppement ?conomique du pays. D?sormais cette petite ?le, " cl? et ?toile de l’Oc?an Indien ", est r?put?e sur l’?chiquier international. La beaut? de ses plages, le luxe et le confort de ses h?tels et la g?n?rosit? de son peuple (...)

Patricia Francis : " I want ITC to be a centre of trade excellence "

Based in Geneva, the International Trade Centre (ITC) is the joint technical co-operation agency of the UN Conference on Trade and Development (UNCTAD) and of the World Trade Organization (WTO) for business aspects of trade development. Its main goal is to help developing and transitional economies to achieve sustainable human development through competitive exports. Indeed, at a time when (...)

World Trade Centers Association goes new ways to promote trade and peace

OSLO Conference on Peace and Trade co-hosted by WTCA and WTC Oslo was attended by about 200 participants from the business community, Held in Oslo’s famous City Hall, where the Noble Peace Price is awarded annually, ambassadors, government officials, business leasers and others heard speakers from the business world and academia comment on the close connection between peace and trade. The (...)

In need of financial advice? Do not be afraid to go and see your banker. Interview with Mr. Yves Dubois, Director of UBS UN HQ Branch and Mr. Christian Stettler, UBS Manager for the international organizations

In one way or another, financial questions occupy an important place in our daily lives. Geneva is one of the world’s financial centres; just the place to find answers to our questions. We went knocking on the door of the bank that most internationals know in Geneva—UBS. Who better to talk about the subject than Mr. Yves Dubois, Manager of the UN branch, and Mr. Christian Stettler, Manager of (...)

A Powerful New Force in Public Diplomacy

Most of us see World Trade Center buildings as towering real estate monuments adoring the skies of the capital cities from continent to continent. They are hubs of activity between foreign exchange specialists, global trade managers, government investment promotions officials and a complementary web of transportation, logistical, marketing and international finance executives. Upon closer (...)

"Buying from Africa for Africa" An International Trade Centre success story

Consider that in the United Nations system, agencies spend more than USD 9 billions on goods and services every year, of which 60 % is destined for humanitarian relief or development assistance to African countries. How-ever, according to the Inter-Agency Procurement Services Agency, just 10% of total UN procurement in 2003 was supplied from African countries. With the support of Norway, the (...)

Visit of Ms Doris Leuthard, Swiss Minister of Finance to Geneva

The Federal Department of Economic Affairs (FDEA), Federal Councillor Doris Leuthard, perhaps one of the youngest among the seven members of the Federal Council, the executive authority of the Swiss Government. The FDEA is the centre of the Swiss Government for all core issues related to economic affairs and trade policies. In her capacity as its director, Mrs. Leuthard is, among other (...)

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Ita`s world
The Morpeth Roll, Ireland Identified

In a chronology of Irish history, the first accurate census of Ireland in 1841 records a population of 8,175,124. It coincides with the gigantic goodbye signed by 160,000 people and presented to the popular Chief Secretary for Ireland, Lord Morpeth, when he left Dublin in 1841. On the first sheet the testimonial contains the names of nobility, first being that of the Duke of Leinster and the rest of the organising committee. Most of the signatories were from the aristocracy, gentry and professional and merchant classes. Further research may show that other socio-economic groups were also (...)

Achill Island: Co. Mayo, Ireland

World Economic Forum: An ILO Perspective 2013

Wagner and Verdi: Bicentenary Year 2013

Joanna ‘Jo’ Hiffernan: Art and Beauty