56 Results found for "economy"
China announces first quarter drop in GDP
The national economy is confronted with the pressure of a slowdown, the Chinese National Bureau of Statistics (NBS) announced today in Beijing as they released official figures for GDP growth for the
World Markets Rally Ahead of US Banking Plan
Stockmarkets in Asia surged this morning ahead of the unveiling of the US Treasury’s $500bn (£343bn) plan to purge ‘toxic’ bank assets. This is the Obama administrations la
Zimbabwe secures more funds
Reuters reports that Zimbabwe has secured an additional credit line of further 428 million dollars in credit lines from African banks. Finance Minister Tendai Biti said the African Export-Import Bank
OECD predicts the economic recovery in sight
The world economy is near the bottom of the recession according to the Organisation for Economic Cooperation and Development. Economies of the 30 most industrialised nations will shrink 4.1% thi
Bank of England throws an extra 50bn into the economy
The Bank of England said today that they intend to inject a further sum of 50 billion pounds into the economy to ease the strain of this prolonged recession. Altogether the Bank of England will have
IMF gives Zimbabwe $500 million
For the first time in a decade, the International Monetary Fund is making loans available to Zimbabwe. The vast sum of $500 million will be used to replenish the country’s declining foreign curr
Dow Jones breaks 10,000
The Dow Jones Industrial average has topped the 10,000 mark for the first time in a year.World markets have been lifted by the news that the US bank JP Morgan chase reported a better than anticipated
What is your vision of Africa ?
The economic crisis has led to a reassessment of the systems governing global cooperation, financial architecture and policies linked to trade and climate change, and is a wake-up call to speed up
Tanzania hosts World Economic Forum on Africa
The President of the United Nations International Fund for Agricultural Development (IFAD) is calling on African heads of state and governments to invest in agriculture ahead of the three-day World Ec
Growing obesity in Africa bad for worker productivity
Obesity is no longer a problem confined to wealthy nations. In their developing counterparts in Africa, an increasing number of people can be categorised as obese. Dr. Zandile Mchiza, researcher
Africa: Giving the MDG a human face
Ahead of the United Nations Millennium Development Summit to be held in New York later this month, the UN Foundation and its partners have ramped up efforts to educate the media about progress that ha
New Mandela book released
A new book that features writings in former president Nelson Mandela’s own hand has been released internationally in 20 languages, from Turkish to Catalan. The book is available in stores and online s
