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BRICS to consider euro bonds plan – Gordhan

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A meeting of emerging economies today will consider a Brazilian proposal to buy European bonds to help crisis-hit euro zone countries, South...

Greece could trigger global banking crisis: Canada

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A global banking crisis will erupt unless Europe properly deals with Greece's debt problems, Canadian Finance Minister Jim Flaherty said on Wednesday,...

ANALYSIS-As crisis bites, rising wealth gap becomes key

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The rising gap between rich and poor in nearly every country, rich or poor, went largely ignored during the decades of globalization-fueled...

IMF chief urges aid, trade, investment to help poor

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The global community can help poor countries weather the current slowdown in the world economy by keeping trade flowing, encouraging investment and...

Recession risk mounts for developed markets -Roubini

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Fallout from the euro zone debt crisis and US fiscal problems mean developed economies are more likely to contract than recover in...

Niger calls for help to secure Libyan border

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Niger called for international help to secure its northern border with Libya, saying the conflict to the north was holding back efforts...

Number of US poor hit record 46 million in 2010

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A record 46 million Americans were living in poverty in 2010, pushing the U.S. poverty rate to its highest level since 1993,...

US airlines cite solid demand despite iffy economy

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US airlines may face a challenging outlook for the rest of the year, but strong travel demand and fourth-quarter capacity cuts are...

Africa prospects lure investors, but is it ready?

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Africa offers among the world's best investment prospects as emerging markets grow ever more important, although its economies risk being destabilized by...

SA lifts its game on competitiveness index

South Africa has improved its ranking and remains the highest-ranked country in sub-Saharan Africa on the World Economic Forum (WEF) global competitiveness...

Talks of nationalisation: A bane for the South African investment climate

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South Africa's post-democracy investment climate has been known to be one of the most attractive in Africa. The country's richness in minerals, its manufacturing...

Zambia election campaign could pressure economy

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Campaigning for Zambia's September presidential election is in full swing with the incumbent launching an expensive building project at a time when...

Stratfor: Global economic downturn – a crisis of political economy

Classical political economists like Adam Smith or David Ricardo never used the term "economy" by itself. They always used the term "political...

South Africa’s strike season hitting economy hard

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A wave of strikes in South Africa has cost goldminers around US$190 million in lost output, curtailed the already struggling manufacturing sector...

World poorly placed to meet new economic crisis

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With financial markets in turmoil and economic growth slowing, policymakers around the world may once again be forced to cooperate to try...

South Sudan speeds up introduction of new currency

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South Sudan said it would speed up the introduction of its new currency, highlighting differences with its former civil war foe in...

Zimbabwe economy to grow by 9.3 pct in 2011 – Biti

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Zimbabwe's economy is on course to grow by 9.3 percent in 2011 due to a recovery in the key mining and agriculture...

POLL-Peace dividend beckons for Ivory Coast economy in 2012

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Ivory Coast will reverse a sharp 2011 contraction in its conflict-hit economy next year as long as President Alassane Ouattara holds the...

South Africa needs new policies for faster growth-World Bank

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South Africa's economic growth will fall far short of the government's goal of 6 to 7 percent unless it changes policies including...

Strikes loom across South African economy

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Strikes are looming in South Africa's gold and platinum sectors which could threaten global supplies at a time when commodity prices are...

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