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Reserve Bank Governor Gill Marcus said South Africa is unlikely to make a significant dent on its high level of unemployment even if the economy manages to grow at higher rates.
Marcus said the...
World Oceans Day (8th June) is celebrated this year just days ahead of the United Nations Conference on Sustainable Development, also known as Rio+20, where ocean governance will be one of the key...
Rising labour costs will push over 80-million Chinese jobs in light manufacturing abroad over the next three to five years, with African nations well placed to lure many of them their way, the...
Maritime piracy is one of the world’s oldest criminal professions. From the Malacca Straits to the Black Sea, pirates have plagued traders and disrupted commercial activities for centuries. Due...
French President Nicolas Sarkozy arrived in Russia on Monday to seek a lasting peace deal for Georgia that will persuade Russia to pull its troops out of positions deep inside the ex-Soviet state....
Russia faced diplomatic isolation over its military action against Georgia on Thursday, with its Asian allies failing to offer support and France saying EU leaders were considering imposing...
Georgian President Mikheil Saakashvili urged the Kremlin to discuss ways to avoid "discord for future generations" as Russian troops prepared to pull out of the Black Sea state on Monday....
Russian President Dmitry Medvedev ordered a halt to military operations in Georgia on Tuesday, after five days of fighting and just before French President Nicolas Sarkozy was to hold peace talks...
The U.N. food agency urgently needs $222 million to avert a major food crisis in Ethiopia, where millions are struggling to cope with drought and high prices, it said on Monday.
The Ethiopian...
Nato's operational focus is moving away from western to eastern
Europe and the US must redeploy its forces accordingly, the supreme
commander of allied forces in Europe said yesterday.