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/ 27 November 2007
Universal Studios and its partners will build a 2,9-trillion won (,1-billion) theme park in South Korea by 2012, its largest project in terms of investment size. The park, spanning 4,7-million square metres and featuring hotels, golf courses and rides based on popular movies and TV shows, would be similar in scale to the Universal Orlando Resort in Florida
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/ 27 November 2007
He denounces it as the ”Great Satan”, but the overtures of the Iranian President, Mahmoud Ahmadinejad, to the United States seem to grow ever more extravagant. Having failed to win a response with a letter to President George Bush, Ahmadinejad has offered himself as an observer in next year’s presidential election.
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/ 27 November 2007
Three British bankers whose extradition to the United States caused a political storm last year are on the brink of a plea agreement that could involve an admission of wrongdoing over an alleged -million fraud related to the collapse of Enron.
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/ 27 November 2007
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The African National Congress’s (ANC) Women’s League late on Monday nominated deputy leader Jacob Zuma as its candidate to head up the organisation, the South African Broadcasting Corporation reported. Their backing for Zuma for the top job comes after the ANC Youth League on Friday also nominated Zuma.
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/ 27 November 2007
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The South African Broadcasting Corporation has been awarded exclusive rights to provide the feed at the African National Congress conference in Polokwane in December to all other broadcasters. Five SABC cameras would be allowed in the plenary hall during open sessions and would be providing ”clean feeds” and unedited material.
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/ 27 November 2007
Former South Africa batsman Gary Kirsten is being considered for the vacant India cricket coach job, the Indian board said on Tuesday. Kirsten (40) was interviewed by members of the board’s special coach committee on Monday, secretary Niranjan Shah said in a statement and a decision is expected within a week
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/ 27 November 2007
The latest economic releases from the United States point to the growing twin threats of slowing economic growth and rising inflation. Some analysts are beginning to pencil in a US recession in the near future. The problem at home is similar: consumer inflation is above the South African Reserve Bank’s target range still, but the growth trends of leading economic indicators, like vehicle and retail sales, are declining.
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/ 27 November 2007
The press recently had a field day with reports that poverty in South Africa had doubled since 1994. The story seems to have originated with a press release from the South African Institute of Race Relations (SAIRR) that was picked up by major media. This is shocking news. But is it true, asks Miriam Altman,executive director of the Employment Growth and Development Initiative at the Human Sciences Research Council.
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/ 27 November 2007
Global warming will send Asia’s social and economic progress into reverse unless action is taken to tackle climate change, according to a report released on Monday. Wealthy countries should slash greenhouse gas emissions and help Asian countries reduce their reliance on fossil fuels by promoting and investing in sustainable and renewable energy across the region, according to the report, entitled Up in Smoke?
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/ 27 November 2007
Consumer efforts in the United Kingdom to go green could spell the end of South Africa’s fresh produce appearing on their shelves. Environmental groups are campaigning to convince British consumers to buy local to avoid the costs of "food miles", the distance food travels from field to plate.