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/ 12 November 2007
A Sri Lankan newspaper chose a graphic way to illustrate how a media rights dispute between Cricket Australia and the international news agencies is hurting its coverage of the series. Next to the report, in a space where a match photo would usually go, was a black figure in the shape of a batsman playing a stroke.
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/ 12 November 2007
South Africa’s biggest mass-market lender, Abil, increased headline earnings per share for the year to end-September by 20%, and said on Monday it was confident of reaching its financial goals in the current financial year. African Bank Investments Limited said headline EPS was 268,4 cents while headline earnings rose 20% to R1,334-billion.
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/ 12 November 2007
South African furniture retailer Lewis said on Monday first-half revenue rose 11,2% to R1,718-billion, with merchandise sales 7,5% higher. Lewis said headline earnings per share for the period to end-September rose 11% to 308,5 cents. Lewis said operational and merchandise strategies would continue to produce satisfactory results.
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/ 12 November 2007
As a leading commodity producer and exporter, South Africa’s current account deficit appears uncharacteristic given the backdrop of strong commodity price performance. This is due mostly to a combination of rising imports and poor exports during this commodity cycle. There are various factors, but regulatory risk remains the greatest concern.
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/ 12 November 2007
If there’s a vehicle that is red-hot in our globally warming world, it’s the plug-in hybrid. The best-known hybrid, Toyota’s Prius, is now 10 years old and has sold more than 800 000 units worldwide. It is available in South Africa, where about 20 vehicles are sold on average each month.
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/ 12 November 2007
Empty shelves in Caracas. Food riots in West Bengal and Mexico. Warnings of hunger in Jamaica, Nepal, the Philippines and sub-Saharan Africa. Soaring prices for basic foods are beginning to lead to political instability, with governments being forced to step in to artificially control the cost of bread, maize, rice and dairy products.
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/ 12 November 2007
There are new signs of life in the domestic nuclear industry as United States-based Westinghouse announced an acquisition, saying it was increasing its local presence to supply South Africa’s new nuclear power programme. Government has said that it wants nuclear power to supply 30% of the country’s energy needs by 2025.
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/ 12 November 2007
Pervez Musharraf’s second coup, or "emergency plus" as it is being referred to in the Pakistani media, was widely expected by the time it was finally announced on the afternoon of November 3. It is being seen here as the last roll of the dice by a desperate gambler.
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/ 12 November 2007
The Bush administration took a hard line last week on United States diplomats resisting postings to Iraq, when Secretary of State Condoleezza Rice and the US ambassador in Baghdad issued blunt reminders of their duty to serve anywhere in the world.
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/ 12 November 2007
They dug up yet another mass grave in Spain recently, this time near the village of Arandiga, 45 miles from Zaragoza. The bones of eight men, all trade unionists, lay where they had been hurriedly buried more than 70 years ago in the early days of the civil war. They had been shot at the same spot by supporters of General Francisco Franco.