WEEKLY OUTLOOK FOR 10.13

Weekly Outlook for October 13: This week’s outlook reports on America’s top paying jobs; Silvio’s antics and their effect on Italy; A Malawian’s innovation for energy; Eastern Europe’s fear of a new era of Russian dominance; and Vietnam’s chronic currency weakness. Click Read More for the full report.
The Weekly Outlook is an editorial briefing for wejetset’s online magazine. Each week we scan international news and aggregate the stories that will likely impact their respective region and possibly the world. From economic issues to politics, we strive to deliver news links that will be useful to our readers as they navigate their local and global spaces.


CNN Money takes a look at some the Highest Paying jobs that ranked in their Best Jobs study. There’s some interesting contendors. “Anesthesiologists take home a median $292,000 salary annually. What other great jobs offer big paychecks?”

A fast life catches up with Italian Prime Minister Silvio Berlusconi. “Silvio Berlusconi’s record of intimidating and outfoxing his enemies, rewriting laws to suit himself, and generally leading his public as well as private life in flagrante delicto puts him in a particularly Italian pantheon. One thinks of Nero, or the Borgias, of bread and circuses, debauchery and corruption. Never mind that this is 2009; consider just a few of the scandals that have rocked Berlusconi’s throne in the past few months. There was the allegation by his estranged wife that he was flirting with underage girls; the sleazy sex tapes made by a call girl who said she serviced Il Cavaliere, as he’s called, and that he offered her a seat in the European Parliament; and the allegations of an influence peddler and cocaine dealer that he’d furnished hookers for Berlusconi’s parties in Rome. All that on top of paparazzi photos taken at the prime minister’s villa in Sardinia that showed at least one distinguished guest cavorting like a priapic satyr. Then, last week, the besieged media mogul turned politician got hit with a pair of devastating court rulings…”

Necessity proves to be the mother of innovation once again. “William Kamkwamba dreamed of powering his village with the only resource that was freely available to him. His native Malawi had gone through one of its worst droughts seven years ago, killing thousands. His family and others were surviving on one meal a day. The red soil in his Masitala hometown was parched, leaving his father, a farmer, without any income. But amid all the shortages, one thing was still abundant. Wind.”

The Times has an interesting article on Russia and members of the European Union. “With an ambitious new pipeline planned to run along the bed of the Baltic Sea, the Russian natural gas giant Gazprom is driving a political wedge between Eastern and Western Europe…”

What happens when there isn’t enough currency? “For Ford, one of the greatest challenges doing business in Vietnam this year is not selling cars but finding enough U.S. dollars to pay its overseas suppliers on time…”

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