The Diepsloot killings, the EFF’s official launch, the US government shutdown ends and Mps declare some interesting gifts. Elephant, anyone?
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/ 22 November 2011
US lawmakers have abandoned efforts to rein in debt in a sign that Washington will be unlikely to resolve the tax and spending dispute before 2013.
Wall Street demonstrators in the US say politicians from both major parties are to blame for policies they say protect corporate America.
A US report hinted at an improvement in labour market conditions after unemployment benefit claims rose less than expected last week.
Many Greeks, their lives ravaged by the debt crisis, are thinking of emigrating like hundreds of thousands who left for foreign shores after WWII.
Stocks slid again as Europe struggled to contain a debt crisis in Greece that is threatening to plunge the continent back into recession.
A grim outlook for the US economy from the Federal Reserve and signs of a slowing in China and Germany has sent world stocks tumbling.
A meeting of emerging economies will consider a Brazilian proposal to buy European bonds to help crisis-hit eurozone countries, Pravin Gordhan says.
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/ 22 September 2011
The rand tumbled nearly 3% to hit 16-month lows against the dollar as importers piled into the greenback, spooked by a recent trend of sharp declines.
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/ 21 September 2011
Sub-Saharan Africa could maintain its economic expansion in the near term, but faltering US or European recovery could threaten trade, says the IMF.
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/ 21 September 2011
Stavros Lambrinidis says Greece’s fiscal adjustments made since revealing its debt and deficits two years ago were being undermined by stereotypes.
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/ 15 September 2011
Asian stocks bounced after tentative steps by eurozone policymakers to tackle a crippling debt crisis, but investors remained wary.
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/ 13 September 2011
Investors expect Europe to fall into recession in the next 12 months, according to the BofA Merrill Lynch Survey of Fund Managers for September.
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/ 9 September 2011
The US Federal Reserve chairperson Ben Bernanke has said the US central bank would spare no effort to boost weak growth.
Barack Obama’s jobs package could lift US economic growth by one to three percentage points in 2012, add well over one million jobs, say analysts.
Barack Obama is due to unveil a jobs package in a speech to Congress. What might his bold plan to reduce the country’s unemployment rate consist of?
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/ 8 September 2011
US stocks rallied for the first time in three days after a German court backed the country’s role in bailing out other European countries.
Barack Obama is planning about $300-billion in tax cuts and government spending as part of a job-creating package, US media reports say.
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/ 6 September 2011
Wall Street braced for losses on Tuesday after world stock markets took a beating over fears that the US economy was heading back into recession.
United States stocks are setting up for another turbulent week that will begin with a focus, oddly enough, on the weather.
Warren Buffett has thrown a lifeline to the Bank of America, nnouncing he would invest $5-billion in the beleaguered United States banking giant.
Asian stock markets were unsteady as investors waited to see whetherBen Bernanke would promise new steps to help the US economy ward off a double-dip.
Standard & Poor’s said its president is stepping down, capping two weeks of controversy following the rating agency’s downgrade of US government debt.
Joe Biden warned the world not to underestimate Japan and the US, saying the two countries are still Pacific powers and will overcome their problems.
President Barack Obama has admitted that Americans were not satisfied with his record on the economy, as long-serving aides launched a fight back.
Having said no to taxes for months, Republicans now are saying maybe in the face of public disgust over a deadlock in the US Congress.
World Bank chief Robert Zoellick warned of a "new and more dangerous" time in the global economy on Saturday, with little breathing space.
Transnet and Eskom bonds are now more highly rated than US government bonds, according to the latest ratings by Fitch and Moody’s Investments.
Asian stocks gained some ground on Wednesday, following a rebound in US shares, after the Federal Reserve pledged to keep interest rates near zero.
A plunging stock market may force the Federal Reserve to step in and keep America from sliding back into recession.
The United States’ biggest creditor, China, bluntly criticised the superpower one day after the superpower’s credit rating was downgraded.
Republicans managed to secure almost $3-trillion in spending cuts without any increase in tax in return.