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/ 20 February 2008
The JSE recovered some of its earlier losses by midday on Wednesday, as gold and resource stocks started to lift the market despite the negative global sentiment. Higher oil prices overnight spurred inflation worries among world markets, after oil closed above $100, prompting a global sell off in equities.
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/ 20 February 2008
Tony Blair’s hopes of becoming Europe’s first president are running into mounting opposition across the European Union, with Germany determined to stymie the former prime minister. ”There was surprise in Berlin when Blair’s name came up so soon,” said a European ambassador.
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/ 20 February 2008
The row over Liverpool manager Rafael Benitez’s squad rotation system continued to rumble on Wednesday as former Anfield goalkeeper Bruce Grobbelaar said lack of continuity was at the root of the Premier League club’s ills. One day after current striker Fernando Torres had supported his boss’s policy of switching the first team around, Grobbelaar hit out at the controversial method.
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/ 20 February 2008
Oil retreated on Wednesday, after surging nearly 5% to a record above a day ago, on fresh influx of capital into commodities, with focus turning to United States stocks data that are expected to show a build in crude. US crude slid 73 cents to ,28 a barrel by 6.47am GMT after investors paused for thought.
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/ 20 February 2008
The publisher of three of the San Francisco Bay area’s largest daily newspapers is offering employees buyouts and bracing them for layoffs in another blow to the struggling newspaper industry. The Bay Area News Group publishes the San Jose Mercury News, Oakland Tribune, Contra Costa Times and other daily and weekly newspapers in the region.
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/ 20 February 2008
New Zealand and England played out a thrilling draw in their fourth one-day international (ODI) at Napier on Wednesday. Both teams finished on 340 runs, leaving New Zealand with a 2-1 lead in the series with one match to play. England batted first and made 340-6 with four players scoring half-centuries.
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/ 20 February 2008
A rebel group from Nigeria’s oil producing Niger Delta demanded on Wednesday that lawyers, relatives and the Red Cross be allowed to see their detained leader, Henry Okah, to confirm he is alive. The government denied a report by the rebel Movement for the Emancipation of the Niger Delta that Okah had been shot dead.
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/ 20 February 2008
Zimbabwe police have banned the carrying of weapons in public in the capital and the southern town of Masvingo to prevent violence in the upcoming joint presidential and legislative polls. ”Police will use their discretion on any tool that people will be carrying such as walking sticks for the elderly, the blind and disabled, said Harare police commander Isaac Tayengwa.
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/ 20 February 2008
The Western Cape anti-eviction campaign said about 1 000 people were occupying Delft’s Symphony Road on Wednesday and would remain there until their appeal for housing was lodged in the Supreme Court, hopefully later in the day.
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/ 20 February 2008
Port Elizabeth’s wandering baboon spotted at Fort Frederick last week is still roaming around the city’s suburbs, a media report said on Wednesday. Wildlife rescue specialist Mark Marshall said the frightened animal was now probably holed up on the Port Elizabeth golf course.