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/ 10 November 2006

Sacob trade index rises to 58

Trade conditions improved from September to October but expectations for the next six months are moderate, the South African Chamber of Business (Sacob) said on Friday. The Trade Expectations Index — which gauges business’s expectations for trade conditions six months ahead — declined to 62 in October.

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/ 10 November 2006

Democrats secure sweep to power in US

Democrats completed their sweep to power in the United States Congress on Thursday, winning the last Senate seat and moving quickly from bitter campaign rhetoric to pledges to try to find common ground with President George Bush. Faced with a new political landscape, Bush signalled a more conciliatory approach on Iraq.