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Cambodia factory collapse: How did inspectors miss it?

PHNOM PENH — Hem Navy lies on a stretcher in the emergency room of a local hospital, hours after she was pulled out from under the collapsed ceiling of an Asics factory in the southwestern province of Kompong Speu. Half her face is severely bruised with signs of internal bleeding around her eyes, and her left foot is bundled in a bloody bandage. “When the ceiling fell, I ran to try and escape it,” she said.

US and Vietnam: gradually becoming bittersweet partners?

Commentary: Increased trade setting the stage for defense and security arrangements.
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Motorcyclists and cyclists ride on a street inside a newly developed residential quarter in Hanoi on May 7, 2013. (Hoang Dinh Nam/AFP/Getty Images)
This past April 30 marked the 38th anniversary of the Fall of Saigon and the end of the Vietnam War. The iconic images of American helicopters evacuating people on building rooftops in Saigon in April 30, 1975 made it unimaginable that someday Washington policymakers and Hanoi communist leaders would explore steps towards a strategic partnership between the two countries. But the unimaginable has become possible. The US-Vietnam relationship has gradually taken the shape of a strategic one, albeit with some hurdles, through enhanced economic, diplomatic and defense relations.
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Going platinum: South Africa's miners in fresh strikes

JOHANNESBURG — Fresh unrest in South Africa’s troubled platinum belt has ignited fears of a return to the violence that last year left more than 50 people dead and roiled the country’s mining industry.

Venezuela has run out of toilet paper. Cue the hysteria.

Economists say Venezuela's shortages stem from price controls meant to make basic goods available to the poorest parts of society and the government's controls on foreign currency.
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A tree makes for a toilet paper holder as anti nuclear protestor against the transport and storage of nuclear waste wake up at their blockade after sleeping on the road leading to the storage facility in Gorleben, November 8, 2010. (ODD ANDERSEN/AFP/Getty Images) (ODD ANDERSEN/AFP/Getty Images)
Venezuela's government has ordered 50 million rolls of toilet paper after a widespread shortage has left the nation — hanging out to dry.
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How 'Brixit' could affect UK business, economy

With the latest vote on UK membership of the European Union (EU) splitting the ruling Conservative party, UK business experts told CNBC what a UK exit from the EU — its biggest trading partner — would mean for the country's businesses and economy.

G20’s secret shame: ignoring tropical diseases among world’s profoundly poor

Commentary: Mass administration of low-cost drugs around the globe could make a huge impact.
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An Afghan receives treatment for a tropical skin disease at a clinic south of Kabul, Afghanistan. The Afghan capital, Kabul, has one of the highest concentrations of the disfiguring skin disease, Cutaneous leishmaniasis, which is a parasitic disease transmitted by a sand fly. (Majid Saeedi/AFP/Getty Images)
This past weekend, the Sherpas for the group of 20 nations met for the third time in St. Petersburg to lay the ground work for the G20 Leaders’ Summit in September. Absent from any public disclosures of these meetings and the proposed fall agenda, so far, have been a newly revealed underbelly of disease and poverty in the G20 countries resulting from a group of chronic and debilitating infections known as the neglected tropical diseases or “NTDs.” NTDs are long-lasting and disabling parasitic and related infections that few people know about, such as leishmaniasis, elephantiasis, liver fluke, Chagas disease, and hookworm infection. They are the most common infections of poor people, rendering them too sick for work or productive activities and with the ability to reduce child intellect and future wage earning. The NTDs disproportionately affect girls and women.
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The Great Gatsby Curve

So we beat on, boats against the current, borne back ceaselessly into the graph.
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Leonardo DiCaprio stars as Jay Gatsby in Baz Luhrmann's 3D interpretation of F. Scott Fitzgerald's classic novel. (Screengrab/Screengrab)

BOSTON — There's been plenty of excited chatter in recent days about "The Great Gatsby," the splashy — and in this writer's opinion, highly enjoyable — Baz Luhrmann film adaptation of F. Scott Fitzgerald's classic Jazz Age novel.

The film debuted at the Cannes Film Festival Monday — on the very day France once again slipped into recession.

As GlobalPost's Senior Correspondent for Europe Paul Ames reported, "The symbolism of Cannes opening with Baz Luhrmann's extravagant 3-D evocation of millionaire decadence in roaring '20s New York, did not go unnoticed."

But there are other important things "The Great Gatsby" can teach us about economics, aside from how much fun those West Egg parties must have been.

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France's harsh contrast: glitzy Cannes opens, another recession sets in

BRUSSELS — It's hard to avoid the irony of the movie world's annual Riviera glamour fest opening in Cannes on the day France joined its southern European neighbors by slipping into recession.

Sharif’s election gives US an opening to help stabilize Pakistan

Commentary: Partisan US politics may undercut chances for a renewed US-Pak alliance.
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Former Pakistani Prime Minister Nawaz Sharif waves as he addresses his supporters during an election campaign meeting in Islamabad on May 5, 2013. A roadside bomb exploded at an election rally in southwest Pakistan on May 5 killing two people, officials said as violence continued ahead of historic polls on Saturday. Pakistan will elect its new government for the next five years in polls on May 11. The election of the national and four provincial assemblies will mark the first time a civilian government has completed a full term and handed over to another, in a country that has been ruled by the military for half its existence. (AAMIR QURESHI/AFP/Getty Images)
There's not much good news coming out of the broader Middle East these days and so the successful election this past weekend in Pakistan is cause for at least muted elation. It is, after all, the first time in Pakistan's beleaguered 65-year history that a democratically elected government has been replaced by a democratically elected government. So that's the good news. Toss in the fact that the voter turnout, the highest for parliamentary elections in nearly two generations, was spurred upward by women and younger voters, and was not deterred by Taliban attacks, then add that Pakistan does have a remarkably free press and a quite independent judiciary and, obviously, a military that now is willing to let democracy play out -- and things don't look so bad.
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Prince Harry: UK business ambassador?

Prince Harry went to the Jersey Shore on Tuesday, not for partying, but for his princely duties that the UK hopes will help drum up business for the mother country. Known more for his mischievous smile and infamous partying, Prince Harry is not the first person that comes to mind as an international business ambassador for the UK, with media reports of his naked frolics in a Las Vegas hotel room last July still fresh in the public's memory.
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