Sheraton Hotels & Resorts CEO Frits van Paasschen argues that technology and design can help improve the hospitality experience for customers. CNN's Maggie Lake reports.
Mezcal, a Mexican liquor, is produced in an old-fashioned way to focus on quality instead of quantity. The hard liquor, which has been around for decades, has no added chemicals, and producers say there are no negative morning-after effects. CNN’s Rafael Romo tries it out.
For the first time ever, an isolated village in Mexico got access to cell phone service. The town cooperated with an innovative company that helps increase access to mobile communication in small and marginalized communities. CNN's Rafael Romo reports.
Geographically, Ukraine straddles Eastern and Western Europe, but the President Viktor Yanukovych is finding it increasingly difficult to balance the country’s interests.
Yanukovych came into power touting his close relations with Moscow and he maintains when it comes to energy supplies they are essential for Ukraine and Europe as well. FULL POST
The Colombian capital of Bogota has rolled out a fleet of electric taxis, made by Chinese automobile company BYD. It is the largest such fleet in South America, and is designed to improve the city’s air quality and reduce pollution. But there are some challenges in maintaining these eco-friendly vehicles. CNN's Nick Parker takes a ride.
Meet the man who runs Hong Kong's vast subway system MTR, which carries a staggering 5.1 million people a day. But, CNN discovers, its chief executive Jay Walder is focused on efficiency – which he says translates into profits and sustainability.
Iran's six month agreement with P5 + 1, Egypt's transition after the ouster of Mohammed Morsy and Syria's long and catastrophic civil war have nudged a plan to revitalize the Palestinian Territories right off the global agenda.
I was in the room when U.S. Secretary of State John Kerry unveiled, on the evening of May 26, what he saw as an ambitious plan to deliver hope to Palestinians by jump-starting investment. His speech closing out the World Economic Forum regional meeting at the Dead Sea in Jordan was met with a heavy dose of skepticism because it lacked specifics.
Kerry presented an economic road-map, calling for $4 billion of private investment covering eight sectors from agriculture to tourism. If you build the right framework, according to the top U.S. diplomat, investors will come. The goal is to boost the economies of the West Bank and Gaza by up to 50% in just three years.
While no one can really argue with the spirit of the economic initiative, the reality on the factory floor, whether it is light manufacturing or in telecommunications, is very different. Palestinian businessmen suggest it is time to be more holistic in the approach. One cannot divorce the peace process from business. FULL POST
Pakistan’s movie industry may be fledging, but passion keeps it vibrant. Now, Zinda Bhaag has been chosen as Pakistan's first entry in 50 years in the best foreign film category at the Oscars.
(CNN) - The historic six-month agreement over Tehran's nuclear program may begin a new era of relations with Iran, but it will be a long road back for the country's most vital sector, oil.
Iran produces about two and half million barrels a day - far off its 4-million-barrel-per-day peak a decade ago. Output is hovering at a level last seen at the end of Iran's war with Iraq. With North Sea Brent crude averaging over $100 a barrel for a record three years running, the sanctions on energy alone are costing Tehran about $50 billion in lost annual revenue.
"During the six month phase, the oil sanctions that will remain in place will continue to cause over $25 billion in lost revenues to Iran or over $4 billion a month," he said.
With every year that has passed, the screws have been tightened by Washington and the countries of the European Union. It was not only sanctions against oil, but also blocking Iran's ability to secure shipping insurance and to trade in U.S. dollars and euros. That economic isolation, many Middle East strategists I have spoken with suggest, is what brought Iran's new government to the negotiating table.
Despite the deal breakthrough, U.S. Secretary of State John Kerry said most of the sanctions will stick as the world gauges the intentions of this relatively new administration in Tehran.
The message is clear: the pressure remains, but if all goes well, in a half year's time Iran can expect more in return for transparency.
It is still early days, but this country of nearly 80 million people has been described as potentially being the Germany of the Middle East with plenty of natural resources - that is, if it can emerge from years of economic isolation.
The new Triple E is the world’s biggest container vessel, and it’s been produced by shipping company Maersk Line. CEO Soren Skou talks to CNN’s Executive Innovator about thinking big.
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