Violence cost the global economy more than $8.12 trillion in 2010

London. The threat of terrorist attacks and the likelihood of violent demonstrations were the two leading factors[1] making the world less peaceful in 2011, according to the latest Global Peace Index (GPI), released today.  This is the third consecutive year that the GPI, produced by the Institute for Economics and Peace (IEP), has shown a decline in the levels of world peace. The economic cost of this to the global economy was $8.12 trillion in the past year. Continue reading

Rip-Off?

This article of opinion by KJK, author of ‘All About Cambodia‘, a perspective of the current problem on land expropiations in Cambodia.

I posted a story in August 2009 about a little village at the junction of Hanoi Road and State Road 5A. (‘Where is all the outrage?) At that time the residents of that village, nothing more than an assembly of wooden shacks in a deplorable state, had to pay $100 per family to get their name on the Sangkat list for relocation. All families on the list made them eligible for a plot of land somewhere else as part of compensation for the loss of their current dwellings. A developer who saw some merit in the location at the junction of two major roads had obviously bought the land. The way this little settlement looks now it is probably a boon for the residents to be relocated. The only thing that bothers me personally is that they haven’t been informed of the new location. Continue reading…

2010 Economical Perspectives

Young Cambodians are optimistic about their countries’ development


Young Cambodians are rather optimistic about their own country and they think it is going in the right direction in what has to see with development. It is the conclusion of the US International Republican Institute (IRI) in its July 31 – August 26, 2009’s Public Opinion Survey on Cambodia that was released this month. Continue reading