THE SMART NEWS SOURCE | Feb 10 2012 15:57 | LAST UPDATED Feb 10 2012 15:57 |
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Gordhan takes steps to improve debt managementThe OECD and South Africa are getting tough on public debt and cash management in Africa by setting up a centre to reduce the cost of managing debt. OECD report frankly assesses SA's problemsThe Organisation for Economic Cooperation and Development on Tuesday released a key report on the economic status of South Africa. Food summit blames trade barriers for high pricesThe United Nations urged a summit on the global food crisis on Tuesday to help stop the spread of starvation threatening nearly one billion people by lowering trade barriers and removing export bans. "Nothing is more degrading than hunger, especially when man-made," UN Secretary General Ban Ki-moon told world leaders. Tensions rise as world faces food crisisFood prices are soaring, a wealthier Asia is demanding better food and farmers can't keep up. In short, the world faces a food crisis and in some places it is already boiling over. Around the globe, people are protesting and governments are responding with often counterproductive controls on prices and exports. |
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