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Prayer and purposeful action
I awoke early this morning to the sound of gentle rain falling and found myself immediately praying for more. This prayer came automatically during one of the most tragic weeks in Victoria’s history with the tragedy of the bush fires in many parts of our state. As a Victorian I have found myself upping my prayer quotient for rain for some time now, not just for the bush fires but for the many people whose lives are affected by the drought here and elsewhere. In addition to my prayers, like many families, my family and I have been doing our best to save water and change the size of our carbon foot print. Yet at times like this one can’t help but feel somewhat helpless and useless. All I felt I could do under the circumstances was to pray and give money.

Spanish Retailer, Zara Decides to Form a Joint Venture with the TATAs, rather than franchise
Inditex, the Spanish retailer behind Zara, expects to open its first stores in New Delhi, Mumbai and other Indian cities next year. Inditex, the Spanish retailer behind Zara, is to set up shop in India in partnership with Tata, the conglomerate, as it presses on with an aggressive expansion plan despite the global downturn. Europe's largest clothing chain is betting that its "fast fashion" model can be transposed to the subcontinent. The group, which already has outlets in 73 countries, from Russia to Guatemala, prides itself on being able to design, manufacture and deliver new lines in just two weeks, compared to an industry average of nine months.

Surviving Feasts and Famines
Gary Samartino tells his story on how he succeeded in living through "feasts and famines" in his business as an independent service provider.

Does Economic Recession mean Career Vision Recession?
In my conversations with individuals over the last several months a common theme has occurred. Many have said, “In light of the economic times, I need to put my own Career Vision on hold.” Does Economic Recession mean a Career Vision Recession?

Threats, opportunities and incentives for pro-poor innovation
Many advocates of pro-poor innovation fear a globalised world that is exploited by large corporate enterprises and powerful countries, now including China and India. Perceived threats include loss of local knowledge and powerlessness of low income economies and their enterprises in the face of cheap goods produced elsewhere. Pro-poor innovations, such as drought- or disease-resistant crops or effective and cheap drugs are often not prioritised.

Other drought Related Articles

Threats, opportunities and incentives for pro-poor innovation
Many advocates of pro-poor innovation fear a globalised world that is exploited by large corporate enterprises and powerful countries, now including China and India. Perceived threats include loss of local knowledge and powerlessness of low income economies and their enterprises in the face of cheap goods produced elsewhere. Pro-poor innovations, such as drought- or disease-resistant crops or effective and cheap drugs are often not prioritised.

African Economic Performance in 2004: A Promise of Things to Come?
Against a backdrop of sustained global growth and high commodity prices, Africa has experienced its best economic performance in many years. While recent economic performance is not merely driven by favourable external factors, African economies still lack proper “shock-absorbers” to withstand internal (e.g. drought and floods, political instability, HIV-Aids, etc.) and external (e.g. volatility of commodity prices and exchange rates) shocks alike. They remain strongly vulnerable. In this context, creating the conditions for the development of indigenous drivers of economic activity (starting with a thriving local private sector) is a top priority.

Prayer and purposeful action
I awoke early this morning to the sound of gentle rain falling and found myself immediately praying for more. This prayer came automatically during one of the most tragic weeks in Victoria’s history with the tragedy of the bush fires in many parts of our state. As a Victorian I have found myself upping my prayer quotient for rain for some time now, not just for the bush fires but for the many people whose lives are affected by the drought here and elsewhere. In addition to my prayers, like many families, my family and I have been doing our best to save water and change the size of our carbon foot print. Yet at times like this one can’t help but feel somewhat helpless and useless. All I felt I could do under the circumstances was to pray and give money.

Surviving Difficult Financial Times
Whether we live in a mansion or a trailer, none of us are immune from financial problems when there is a downturn in the global economy, job loss or restructure, etc. But the one thing we can all do is manage our own finances more frugally to keep our heads above water and survive the financial drought.

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