THE SMART NEWS SOURCE | Feb 10 2012 20:03 | LAST UPDATED Feb 10 2012 20:03 |
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Zuma: Tourism industry must protect jobsThe tourism industry should do "everything possible" to protect jobs in light of a "looming recession", ANC president Jacob Zuma said on Tuesday. No drive for new cars, says WesBankHigh levels of indebtedness and continued global volatility have stifled consumers' appetites for buying big ticket items such as cars. Green light to spendThe American stimulus package includes a great global experiment -- to see whether such unprecedented spending can also tackle climate change. Bail-out for allThe South African economy needs a bail-out in the form of cheaper money -- for all of us. DA says Manuel must rush to save jobsThe DA on Tuesday said Finance Minister Trevor Manuel and government's new economic task team must act faster to save local jobs. Obama makes showpiece Congress addressPresident Barack Obama is on Tuesday to use the grand political stage of his debut address to Congress to counsel a nation gripped by economic fear. Dark times befall China's drifting migrantsThe farmlands of central China hold no future for Li Honglin, but she's trapped there until word comes from a clothing factory where she used to work. Oil-rich Angola looks to diversify economy to avoid slumpSince the end of the 27-year war, Angola has emerged as one of the world's fastest-growing economies with an average annual GDP growth of 15%. Barack my budgetFinance Minister Trevor Manuel and US President Obama both like to get more bang from each buck. No jets for bail-out companiesGlut expected on market as demand plummets for 2008's must-have executive perk. |
Photos about global financial crisis
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