What money did this week

Agencies Published October 24, 2012
Labourers (top C) work on a flyover construction site in Jakarta. Indonesia's foreign direct investment hit a record high in the third quarter, a signal the biggest economy in Southeast Asia remains strong despite global financial woes, a top investment official said. ?AFP Photo
Labourers (top C) work on a flyover construction site in Jakarta. Indonesia's foreign direct investment hit a record high in the third quarter, a signal the biggest economy in Southeast Asia remains strong despite global financial woes, a top investment official said. ?AFP Photo
Iranian President Ahmadinejad, make his way with Pakistani President Zardari, Azerbaijani President Aliev, and Turkish Prime Minister Erdogan, during Economic Cooperation Organization summit in Azerbaijan. Even as U.S. and European sanctions tighten around Iran's economy, officials in Tehran are busy reaching out to Asian markets as a critical lifeline.?AP Photo
Iranian President Ahmadinejad, make his way with Pakistani President Zardari, Azerbaijani President Aliev, and Turkish Prime Minister Erdogan, during Economic Cooperation Organization summit in Azerbaijan. Even as U.S. and European sanctions tighten around Iran's economy, officials in Tehran are busy reaching out to Asian markets as a critical lifeline.?AP Photo
Indian villager speaks during an interview in Rajastan village. A total of 250,000 residents of Kotkasim, a bloc of Alwar district in western Rajasthan state, have been chosen to be part of a pilot scheme to end the sale of subsidised kerosene.?AFP Photo
Indian villager speaks during an interview in Rajastan village. A total of 250,000 residents of Kotkasim, a bloc of Alwar district in western Rajasthan state, have been chosen to be part of a pilot scheme to end the sale of subsidised kerosene.?AFP Photo
A protestor holds a European Union flag with the nazi symbol on it during a demonstration outside Parliament as lawmakers debate budget spending cuts for 2013 in Spain.?AFP Photo
A protestor holds a European Union flag with the nazi symbol on it during a demonstration outside Parliament as lawmakers debate budget spending cuts for 2013 in Spain.?AFP Photo
Cheap imports of goods from China have benefited American consumers and helped keep inflation down. But those imports have hurt American manufacturers. A study estimated that between 2001 and 2010, 2.8 million U.S. jobs were lost or displaced to China, the world's second largest economy. ?AP (File Photo)
Cheap imports of goods from China have benefited American consumers and helped keep inflation down. But those imports have hurt American manufacturers. A study estimated that between 2001 and 2010, 2.8 million U.S. jobs were lost or displaced to China, the world's second largest economy. ?AP (File Photo)
Egyptians are feeling the squeeze from 19 months of political turmoil that have gutted the nation's economy and brought home the meaning of the four-day Festival of Sacrifice, Eid-ul-Azha, which begins Friday.?AP Photo
Egyptians are feeling the squeeze from 19 months of political turmoil that have gutted the nation's economy and brought home the meaning of the four-day Festival of Sacrifice, Eid-ul-Azha, which begins Friday.?AP Photo
A destroyed steel mill is seen in Ukraine. With its steel mill obsolete and state-run coal mines stagnating, this is a stark symbol of the problems facing the economy as Ukraine approaches an October 28 election.?Reuters Photo
A destroyed steel mill is seen in Ukraine. With its steel mill obsolete and state-run coal mines stagnating, this is a stark symbol of the problems facing the economy as Ukraine approaches an October 28 election.?Reuters Photo
China has raised its planned railway investment by $3.2 billion to $110.4 billion for 2012, the Ministry of Railways said, marking a third such increase this year as part of steps to support the slowing economy. ?Reuters Photo
China has raised its planned railway investment by $3.2 billion to $110.4 billion for 2012, the Ministry of Railways said, marking a third such increase this year as part of steps to support the slowing economy. ?Reuters Photo
The world's fourth-largest steelmaker, posted a 25 per cent drop in quarterly profit on Tuesday. POSCO, the first major steel mill to report July-September earnings, posted an operating profit of 819 billion won on a parent basis, slightly below an average estimate of 840 billion won.?Reuters Photo
The world's fourth-largest steelmaker, posted a 25 per cent drop in quarterly profit on Tuesday. POSCO, the first major steel mill to report July-September earnings, posted an operating profit of 819 billion won on a parent basis, slightly below an average estimate of 840 billion won.?Reuters Photo
A man holds his child while standing next to burning coal to make it usable for domestic purposes such as for cooking at Dhanbad district in the eastern Indian state of Jharkhand . With oil and gas output disappointing and hydropower at full throttle, Asia's third-largest economy still relies on coal for most of its vast energy needs.?Reuters Photo
A man holds his child while standing next to burning coal to make it usable for domestic purposes such as for cooking at Dhanbad district in the eastern Indian state of Jharkhand . With oil and gas output disappointing and hydropower at full throttle, Asia's third-largest economy still relies on coal for most of its vast energy needs.?Reuters Photo
Macau is set to be the world's fastest growing economy this year. Residents say the development of social infrastructure, transport, welfare is significantly tagging that of the gambling sector.?Reuters Photo
Macau is set to be the world's fastest growing economy this year. Residents say the development of social infrastructure, transport, welfare is significantly tagging that of the gambling sector.?Reuters Photo
Thailand's status as the world's top rice exporter is under threat from a controversial scheme to boost farmer incomes that has resulted in a growing mountain of unsold stocks, experts warn. ?AFP Photo
Thailand's status as the world's top rice exporter is under threat from a controversial scheme to boost farmer incomes that has resulted in a growing mountain of unsold stocks, experts warn. ?AFP Photo

From the growing piles of rice in Thailand to China increasing investment in its railways by over a hundred billion dollars. Showing Indonesia as the biggest economy in South East Asia and India as remodeling the concept of charity and self sufficiency, money has been as fickle as its reputation makes it out to be.

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Comments (1) Closed
satyaprabhu
Oct 25, 2012 07:36am
brilliant work, very colorful stuff
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