An emergency move by the United States Federal Reserve to cut its discount rate has continued to weigh on markets, sending the JSE below the 30 000-level by midday on Monday. The Fed’s move to cut its discount rate, its lending rate to financial institutions, to 3,25% from 3,5%,
United States Vice-President Dick Cheney, an architect of the US-led invasion of Iraq, made an unannounced visit to Baghdad on Monday to assess the success of a troop build-up five years after the war began. Cheney arrived as Republican candidate John McCain, who will be the Republican choice in November’s presidential election, was meeting Iraqi leaders.
World leaders had to accept some blame for the violence that rocked Kenya after a disputed December election, killing more than 1 000 people, the international Human Rights Watch group said on Monday. It accused police of causing ”hundreds” of deaths by using excessive force during the two-month crisis.
My mistake was to express how I lost patience with Jacob Zuma’s tendency to talk about bread when he is with bakers, meat when he is with butchers and pies when he is with both. My friend — a proud, urban Zulu man — thought he had seen through me. He accused me of hating Msholozi.
Share prices are tumbling and the yen is rising, but Japanese businessman on Monday got one thing to cheer — underwear to tame their bulging waistlines. Wacoal announced on Monday it was making a full entry into the men’s market with undergarments especially for men with a bit of flab.
Cash-flow problems and logistic headaches are blighting preparations for Sudan’s census, a cornerstone of the fragile peace ending a devastating civil war and paving the way for key elections. The largest civic exercise in national history will go ahead from April 15 to 30 despite complaints about disorganisation.
Everton lost ground in the race for a Champions League place on Sunday when they lost 1-0 to struggling Fulham at Craven Cottage, a ground where the Merseysiders have not mustered a point in 42 years. Fulham, second-last in the standings but now only three points from safety, won a scrappy game in the 67th minute.
Former Springbok captain Corné Krige has slammed the South African Rugby Union’s part in the contractual issue surrounding Springbok coach Peter de Villiers. De Villiers is still in limbo regarding his contract as Springbok coach, and will only sign it after a controversial clause on selection is removed
The items are like a march through some of the most famous moments in 20th-century American history, some of them real, some of them cinematic: from the shooting of Lee Harvey Oswald to the filming of Citizen Kane. But destiny is calling for the owner of the 850 lots that went under the auctioneer’s hammer over the weekend in a casino in Las Vegas.
Extremists have to be excluded from dialogues between Muslims and Jews, the South African Union for Jewish Students’s Ilan Solomons said during the Cook for Peace event held at the University of Johannesburg (UJ) on Sunday. ”Extremists are always those small vocal percentages that create the stereotype of an entire nation,” said Solomons.