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/ 20 June 2006

No evidence of direct corruption in N2 project

A preliminary investigation by law firm Cheadle, Thompson and Haysom into the appointment of project managers on the N2 Gateway housing project in Cape Town has found no evidence of direct political interference or corruption.The investigation found that at worst there was a ”lack of clarity” about the roles of various panels and committees involved in the project.

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/ 20 June 2006

The risk of raising hopes

Months before an air strike killed Abu Musab al-Zarqawi, United States military commanders and intelligence officers in Iraq tried to persuade the office of the Defence Secretary, Donald Rumsfeld, and the White House to ”degrade” his inflated image; they resisted, ultimately for ”domestic political reasons”, as a military source told me.

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/ 20 June 2006

Bumper crop foils war on drugs

The Afghanistan province being patrolled by British troops will produce at least a third of the world’s heroin this year, according to drug experts who are forecasting a record harvest that will be an embarrassment for the Western-funded war on narcotics. British officials are bracing themselves for the result of an annual United Nations poppy survey.

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/ 20 June 2006

Rate-rise fears spark sell-off

A day of panic selling in the world’s financial markets on Tuesday knocked off the price of a barrel of oil, provided the sharpest one-day fall in gold for 13 years. Amid growing fears that rising global interest rates could bring a halt to the boom in asset prices of recent years, the toughest day for Japan’s Nikkei index since the 9/11 terrorist attacks was followed by extreme nervousness in European markets.

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/ 20 June 2006

Cholera: Angola death toll near 1 900

The death toll in Angola’s cholera epidemic has reached near the 1 900 mark, with the number of cases exceeding 46 000, the World Health Organisation (WHO) said on Tuesday. From February 13 to June 19 this year, ”a total of 46 758 cumulative cases and 1 893 deaths have been reported in 14 out of the 18 provinces” in Angola, a WHO statement said.

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/ 20 June 2006

New brand, old habits

For a company that claims to have moved ”beyond petroleum”, BP has managed to spill an awful lot of it on to the tundra in Alaska. After the news was leaked to journalists, it recently admitted to investors that it is facing criminal charges for allowing more than one million litres of crude oil to seep across one of the world’s most sensitive habitats.