The world’s most expensive 16-gigabyte iPads sell for more than $1,000 on average in Argentina, over $200 more than anywhere else in the world, and double the price of the Apple-made tablet in the US. And yet, compared to the price people are paying for the latest iPhones in Argentina, that’s actually something of a bargain.
Goussainville-Vieux Pays, a small town on the outskirts of Paris, sits a mere 12 miles from France’s capital city. And yet it’s been over 40 years since the village had any sort of significant population. Despite its close proximity to Paris, Goussainville-Vieux Pays has been almost entirely vacant since 1973.
This time, Venezuelan president Nicolas Maduro is rolling out a different solution to deal with his country’s toilet-paper shortage: He’s taking over.
Looking to buy an iPad? Steer clear of South America, where the device can sell for more than twice its price elsewhere.
Brazil’s plummeting currency and rising consumer prices have been making life difficult for its businesses and citizens, and prolonging its economic funk. But there a signs of gradual improvement.
If you’re going to steal oil, you’ll probably want to start by booking a flight to Nigeria, where you can dig into the country’s budding oil-theft culture.
A storm carried heavy rainfall, lethal winds and drastic temperature swings into Uruguay last weekend. In the course of the three days that it lasted, the storm managed to take the lives of more than 30,000 of the country’s sheep.
Beer is what economists call an elastic good; the more it costs, the less of it people buy. But at Oktoberfest, Germany’s debaucherous annual beer festival in Munich, the rule doesn’t exactly hold. In fact, it gets flipped on its head.
The more expensive things get in Venezuela, the more 100 bolivar bills Venezuelans are forced to carry in their pockets. And things are getting pretty expensive in Venezuela, which is leaving the country severely short on banknotes.
Everyone wants to know whether a PhD is worth it or not.
For the first time in more than 50 years, the world’s top soybean producer won’t be the US.
As buildings around the world continue to get bigger, broader and, ultimately, harder to miss, South Korea is busy conceiving of a tower that can disappear.
When FIFA, soccer’s governing body, opened ticket sales for the Brazil 2014 World Cup on August 20, fans went berserk—over 2 million tickets were requested in the first 24 hours. Some of those buyers may have been arbitrageurs looking to make money.
Yesterday, nearly a year after The London Taxi Company (LTC) halted production of its iconic black cabs and six months after the business was bought out by China’s Geely Group, the auto manufacturer got back to building cars.
Attempting to join the US’s general commemoration of the September 11 terrorist attacks is one thing. Inserting subtle means of marketing into said attempts is another thing entirely.
If the US wants to feel better about its widening income inequality, it just has to look at Brazil.
Tim Cook laid a little-remarked bombshell on Microsoft at Apple’s event today.
The last five years have brought about catastrophic weather, sweeping political unrest in the Middle East and Northern Africa, and a global financial crisis of historic proportions. And yet, on the whole, the world has emerged happier than it was before, according to the UN World Happiness report released on Monday.
While the prospect of solar-powered drones flying above our heads steals the headlines, there’s an eco-friendly seafaring monster that’s quietly breaking records.
This item has been corrected.
By the end of Saturday, we’ll know which city will be hosting the 2020 Olympics. The International Olympic Committee (IOC) will announce its selection after each of the remaining three cities—Tokyo, Istanbul and Madrid—make their final presentations in Buenos Aires, Argentina on Saturday. The bidding process has been a long and arduous one, spanning several years and requiring many rounds of evaluations, proposals and presentations. There are many factors the IOC weighs in making its final decision, including each city’s infrastructure, financial preparedness, travel friendliness, and culture, among other things. But one of the most unique opportunities for each city to distinguish its bid is its proposed Olympic stadium.
It’s been barely a month since Uruguay moved closer to legalizing marijuana, and now another Latin American country appears to be following suit.
Venezuela sits on the world’s largest proven oil reserves, and yet it can’t seem to power its streets. In recent years, authorities have been forced into power rationing, and the government hits heavy electricity users with surcharges and hefty penalties. But midday yesterday (Sept. 3), the country underwent a different sort of embarrassment. Half way through the workday, roughly 70% of Venezuela lost electricity.
Pope Francis’s international appeal has been good press for the Catholic church, but it’s also been good business for religious goods retailers around the world.
