Mexican telecom magnate Carlos Slim is the richest person in the world with a net worth of $53.3 billion, according to Forbes magazine’s annual list.

Brazil possesses one of the highest proportions of private sector universities in both Latin America and the world, according to the World Bank.
As the middle class grows and  GDP rises, the demand for higher education is going to continue to grow in Brazil and other emerging markets around the world.

The UK might be forced to bailout out debt ridden Greece, costing UK taxpayers as much as 3.5 Billion pounds. Adding on more debt would come at a very inopportune time and could prolong UK’s recovery.

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BY JORDAN MELNICK — MEDILL NEWS SERVICE

The flow of immigrants from Mexico into the United States has “declined sharply” in the last few years, according to a report released Wednesday by the Pew Hispanic Center. The trend has big implications for Chicago, of course, with its large Mexican population.

The number [...]

Major cities in Africa– such as Dakar, Senegal (pictured above) and Nairobi, Kenya — are becoming bigger hubs for businesses. (Kate Shellnutt/MEDILL)

BY KATE SHELLNUTT- MEDILL NEWS SERVICE

Africa was called “the dark continent” by 19th century explorers unfamiliar with the vast region, nearly three times the size their European homeland. [...]

(China has to strengthen its social safety net so that people will become more willing to spend, not save./Xinmin Weekly)

BY MING ZHUANG – MEDILL NEWS SERVICE

With its contribution to global economic output pegged at over 10 percent in 2008, no one could deny that China is a key part [...]

www.ab-invbev.com

BY BRIDGET MACDONALD - MEDILL NEWS SERVICE

Not only does Belgium boast over 450 varieties of beer – each served in a specific glass designed to showcase its flavor – it is home to the largest brewer in the world.

Budweiser calls itself the king of beer, but parent company [...]

BY HANNAH KOKJOHN – MEDILL NEWS SERVICE

On Thursday, the Central Bank of Iceland released the country’s most recent economic indicators. Most of the indicators are still bleak, but some show small signs of optimism.

These economic indicators show the carnage of how the hottest market in the world became one of the biggest [...]

Earlier this week, India unveiled its recent election results which were overwhelmingly in favor of Prime Minister Manmohan Singh. Singh (center) has worked to allow the country’s leading entrepreneurs to build businesses with little interference from government, with the end goal of creating a free market. (http://newkerala.com)

BY KIRAN SOOD –

Spain's unemployment rate is more than double that of the U.S. (Leslie Patton/MEDILL)

BY LESLIE PATTON – MEDILL NEWS SERVICE

Spain’s unemployment rate has soared to 17.4 percent, the highest of the European countries.  The only countries that come close to Spain’s [...]