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Chairman of the Center for Media and Economic Studies to the Yemen Times: - "Business and economic journalism is needed to protect consumers' rights" (Business).


Mostafa Nassr, 31, is an economic journalist from Taiz. After having worked in the field for over eight years, he decided to establish the Center for Media and Economic Studies in August 2008 to fill a void in Yemeni media. Ali Saeed interviewed Nassr about his center.

Why economic journalism?

"Although [economic journalism] is very important, it is not available in Yemen. I used to work for the Al-Sahwa newspaper in 2000 as an economic editor and I felt that there is an urgent need for economic and business journalists. There is scarcity Scarcity

The basic economic problem which arises from people having unlimited wants while there are and always will be limited resources. Because of scarcity, various economic decisions must be made to allocate resources efficiently.
 of economic journalists so I decided to specialize spe·cial·ize
v.
1. To limit one's profession to a particular specialty or subject area for study, research, or treatment.

2. To adapt to a particular function or environment.
 in this field. My colleagues encouraged me to fill the gap [with a] center that would provide interested journalists with training or technical support to continue their reporting. The center provides training courses in economic and business news coverage and macro and micro economy.

"Economic reporters do not necessarily have to know everything in the economy like experts, but they do have to learn the fundamentals to convey what he or she is reporting on to readers in simple language. The economic reporter does have to acquire the relevant skills such as the analysis indicators, data and budgets, something that many business reporters in Yemen do not do.

The center

"The center was established in August last year. The main objective in its establishment was to provide a professional reference for the economic media in Yemen. We are working to create professional economic and business journalism Business journalism is the branch of journalism that tracks, records, analyses and interprets the economic changes that take place in a society. It could include anything from personal finance, to business at the local market to the malls, to performance of well-known and  in Yemen, and aim to launch awareness campaigns --through the media for example- on economic issues.

"Political issues in the media occupy most of the coverage, but economic issues have not yet found their right place.

"Nowadays, the consumer is attacked by high prices, smuggled smug·gle  
v. smug·gled, smug·gling, smug·gles

v.tr.
1. To import or export without paying lawful customs charges or duties.

2. To bring in or take out illicitly or by stealth.
 low-quality goods and other issues. By exposing the latter in the media in a professional way, we can help the consumers to obtain their rights. Business and economic journalism is needed to protect consumers' rights.

"Ibrahim Al-Ashmawei who is the economic reporter for Al-Hayat in Yemen, Ali Al-Bashairy, economic editor of the economic supplement of Al-Thawra and Fuad Al-Qadhi, in charge of economic news for Al-Siyassiya, are among the consultants of the center who provide input to the journalists who need support.

"The center also carries out regular economic studies on Yemen. We conducted [a study] on the onion onion, plant of the family Liliaceae (lily family), of the same genus (Allium) as the chive (A. schoenoprasum), garlic (A. sativum), leek (A. porrum), and shallot (A. ascalonium).  industry in Yemen and how it is mismanaged, and [organized] a symposium symposium

In ancient Greece, an aristocratic banquet at which men met to discuss philosophical and political issues and recite poetry. It began as a warrior feast. Rooms were designed specifically for the proceedings.
 on money laundering The process of taking the proceeds of criminal activity and making them appear legal.

Laundering allows criminals to transform illegally obtained gain into seemingly legitimate funds.
 as well as training courses on the fundamentals of economic journalism. We intend to hold a training course for economic reporters on using the internet.

"Our latest studies will be on exports from the area of Abs in the governorate of Hajjah and the agricultural industry there.

Access to information

"As an economic reporter, the biggest challenge is finding access to information. In Yemen, information is still withheld. Governmental bodies deal with simple information as secrets or national security issues.

"The private sector is not very cooperative either in giving access to information. Traders Traders

Individuals who take positions in securities and their derivatives with the objective of making profits. Traders can make markets by trading the flow. When they do this, their objective is to earn the bid/ask spread.
 and businessmen do not want to reveal their budgets, profits or even economic policies, even for academic studies under a non-disclosure agreement A non-disclosure agreement (NDA), also called a confidential disclosure agreement (CDA), confidentiality agreement or secrecy agreement, is a legal contract between at least two parties that outlines confidential materials or knowledge the parties . They fear that if the real numbers are revealed, they will have to pay more taxes."...

Copyright Yemen Times The Yemen Times is unified Yemen's first and most widely-read independent English-language newspaper. The paper is published twice-weekly (on Mondays and Thursdays) and has its own printing press, advertising associates and news service. . All rights reserved.

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Publication:Yemen Times (Sana'a, Yemen)
Date:Jul 29, 2009
Words:552
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