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/ 22 September 2003
Industrial nations and developing countries are searching for a way to break the deadlock caused by the collapse of the World Trade Organisation talks in Cancun. Trade is the key to winning the fight against poverty, the development committee of the World Bank and International Monetary Fund has been told.
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/ 22 September 2003
A strong earthquake shook the Dominican Republic on Monday, rattling houses and sending waves of tremors that could be felt in western Puerto Rico. Another strong earthquake early on Monday rocked central Myanmar, damaging temples and a bridge, but there were no immediate reports of injuries, officials said.
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/ 22 September 2003
Weaker world markets and a stronger rand sent the JSE Securities Exchange South Africa (JSE) south on Monday, with gold stocks providing the sole bright spot on the back of a stronger bullion price. With the Heritage Day holiday on Wednesday and no incentive to draw buyers into the market, volumes were fairly light.
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/ 22 September 2003
Southern Africa is set to increase its annual output of aluminium from 1,1-million tons to 1,384-million tons, or 7% of global output, once the expansion of the Hillside and Mozal smelters is complete in 2004, BHP Billiton Aluminium South Africa president Mahomed Seedat said on Monday. At present, Southern Africa has three aluminium smelters — […]
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/ 22 September 2003
African religious leaders attending the <i>13th International Conference on Aids and Sexually Transmitted Infections in Africa</i> have admitted that their own institutions are sometimes guilty of spreading the stigma attached to HIV/Aids. They spoke of damning attitudes spread by their churches and mosques.
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/ 22 September 2003
Divisions appeared within the International Monetary Fund (IMF) at the weekend as it emerged that four members of the 24-strong board refused to approve its controversial ,55-billion bailout of Argentina. The news came amid forecasts at the IMF and World Bank meetings of a recovery in the global economy.
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/ 22 September 2003
A car bomb exploded on Monday at a road checkpoint behind the United Nations headquarters in Baghdad, killing at least two people and injuring 19. The blast took place two days before United States President George Bush is expected to address the UN and offer an expanded role in rebuilding Iraq.
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/ 22 September 2003
Iraq has effectively been put up for sale after the United States-backed administration unveiled a sweeping overhaul of the economy, giving foreign companies unprecedented access to Iraqi firms, which are to be sold off in a privatisation windfall.
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/ 22 September 2003
As The Netherlands announced â,¬2,5-billion over five years in education aid, South Africa said a global trade system that was "fairer" to poor countries would help even more. Ministers from the two countries sparred at a news conference regarding the United Nations goal of achieving universal primary education by 2015.
<li><a class=’standardtextsmall’ href="http://www.mg.co.za/Content/l3.asp?ao=20848">World Bank looking to revive trade talks</a>
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/ 22 September 2003
About 3 000 National Union of Metalworkers of South Africa members at the Port Elizabeth-based car manufacturer Delta will embark on a strike. The union has said the company has been undermining collective agreements and legislation by pushing for abnormal working conditions.