THE SMART NEWS SOURCE | Feb 10 2012 20:03 | LAST UPDATED Feb 10 2012 20:03 |
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R is for recession (& recovery)The bad news is that the SA economy is in recession, says a leading economist. The good news is that we’re halfway through. Kevin Davie reports. Motlanthe on economic crisis: This too shall passThe gravity of the current economic crisis demands strong leadership from key players in our economy, President Kgalema Motlanthe said on Saturday. G20 skirts discord to focus on rescue fund boostThe Group of 20 finance ministers sought on Saturday to reassure struggling countries that they could rely on international aid. Asian giants eye new spending as G20 rifts emergeChina and Japan said they were ready on Friday to boost spending to fight the downturn as a rift widened over the global response to the crisis. Take the biscuit -- twiceDual currency is making the streets of Harare feel like a million dollars because everyone wants to Eet-Sum-Mor, writes Stanley Kwenda. Obama urges other nations to take stimulus actionJust ahead of a major global economic summit, Barack Obama is calling for allies to develop more aggressive steps to jump-start their own economies. Zuma: Elections will be peacefulThe April elections will take place as peacefully as previous ones, says African National Congress (ANC) president Jacob Zuma. Toyota workers face three-day weekToyota, the world's biggest carmaker, is considering plans to put its European workforce on a three-day week. IMF faces trust problem in AfricaAs the International Monetary Fund seeks ways to help Africa through the global economic crisis it faces mistrust stemming from past mistakes. SABC cash problems under spotlightThe minister of communications says three separate reports will guide the government on what should be done about the financial distress of the SABC. |
Photos about global financial crisis
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