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/ 22 November 2007
Higher interest rates and over-indebtedness of individuals will suppress demand for residential property in months to come, reports I-Net Bridge. This reduction will continue to feed through to the building sector, making developers more cautious about submitting further building plans over the coming few quarters.
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/ 22 November 2007
German Chancellor Angela Merkel hit back at her Foreign Minister Frank-Walter Steinmeier on Wednesday in a row over China policy that has highlighted rising tensions in the left-right coalition. On the day Steinmeier, a Social Democrat, took over as Vice-Chancellor, Merkel defended her decision to meet the Dalai Lama two months ago.
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/ 22 November 2007
De Beers Consolidated Mines, the South African arm of diamond giant De Beers, on Thursday said it had agreed to sell the Cullinan Diamond Mine as a going concern to the Petra Diamonds Cullinan Consortium for a consideration of R1-billion payable in cash.
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/ 22 November 2007
As waves engulfed her home, Rahima Begum struggled desperately to keep her two-year-old son’s head above the water. Then she told her husband she could not hold on any longer. ”She was wearing a sari which made swimming difficult. She was drowning under the huge waves,” said said Khalilur Rahman Hawlader.
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/ 22 November 2007
Global warming is one of the most significant threats facing humankind, researchers warned, as they unveiled a study showing how climate changes in the past led to famine, wars and population declines. The world’s growing population may be unable to adequately adapt to ecological changes brought about by the expected rise in global temperatures.
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/ 22 November 2007
Britain’s newspapers savaged Steve McClaren on Thursday after the England manager failed to guide his team to the 2008 European Championships. McClaren was expected to be sacked within hours of going to print as the national press put the boot into the Yorkshireman following Wednesday’s 3-2 defeat to Croatia.
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/ 22 November 2007
South Africa’s second-biggest media firm, Johnnic Communications (Johncom), increased first-half headline earnings per share by 460% to 1 681 cents. The company said revenue for the six months to end-September rose by 16% to R2,974-billion while profit from operations before exceptional items rose 25% to R409-million.
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/ 22 November 2007
Martin Johnson has urged the British and Irish Lions to be creative with their selection policy when it comes to picking a squad for the 2009 tour of South Africa. An enduring fascination is that players who have not shone or even played at all for England, Scotland, Ireland and Wales can become stars when they put on the red shirt of the Lions.
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/ 22 November 2007
A third person wanted in connection with a kidnapping case for which paroled former bouncer Gary Beuthin and his girlfriend were arrested, handed himself over to police on Thursday morning. Superintendent Eugene Opperman said the three were expected to appear in the Randburg Magistrate’s Court on Thursday.
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/ 22 November 2007
The Taliban has a permanent presence in 54% of Afghanistan and the country is in serious danger of falling into Taliban hands, according to a report by an independent think tank with long experience in the area. There is no sign of any move within Nato to send reinforcements to Afghanistan.