Daily Archives: June 13, 2013

Le gouvernement Harper soutient les initiatives du secteur privé pour favoriser la croissance économique dans les pays en développement

OTTAWA, Canada, 13 juin 2013/African Press Organization (APO)/ La croissance économique menée par le secteur privé génère des occasions de sortir les gens de la pauvreté et de les amener vers la prospérité dans les pays en développement. Aujourd’hui, à l’occasion du lancement de la section canadienne du Pacte mondial des Nations Unies, l’honorable Julian Fantino, ministre de la Coopération internationale, et Lois Brown, secrétaire parlementaire de ce dernier, ont réitéré l’engagement du Canada d’aider les gens à se sortir de la pauvreté en créant des économies plus fortes.
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Harper government supports private sector initiatives to grow economies in developing countries

OTTAWA, Canada, June 13, 2013/African Press Organization (APO)/ Private sector-led economic growth is creating opportunities to move people from poverty to prosperity in developing countries. Today, to mark the launch event of the Canadian chapter of the United Nations Global Compact, the Honourable Julian Fantino, Minister of International Cooperation and Lois Brown, Parliamentary Secretary to the Minister of International Cooperation, reiterated Canada’s commitment to help people lift themselves out of poverty and create stronger economies.
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AfDB supports a greener pathway in Egypt

CAIRO, Egypt, June 13, 2013/ As part of its ongoing activities under the South-South Cooperation Trust Fund (funded by the Government of Brazil), the Energy, Environment and Climate Change Department of the African Development Bank (http://www.afdb.org) hosted a high-level workshop in Cairo, Egypt, on June 11, 2013 to showcase the results and recommendations of an analytical study, “Clean Technology Transfer Mechanisms in Egypt Based on Best Practices from Southern Countries.” read more

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IMF Managing Director Approves a Staff-Monitored Program for Zimbabwe

HARARE, Zimbabwe, June 13, 2013/African Press Organization (APO)/ The Managing Director of the International Monetary Fund has approved a Staff-Monitored Program (SMP) for Zimbabwe, covering the period April-December 2013. An SMP is an informal agreement between country authorities and Fund staff to monitor the implementation of the authorities’ economic program. SMPs do not entail financial assistance or endorsement by the IMF Executive Board. This is Zimbabwe’s first IMF agreement in more than a decade.
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The many, many problems with working on risk

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WorldVentures is the No. 7 Fastest Growing Company Among Top 100 Direct-Selling Brands

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Opinion: Gunning for Madiba’s death

When the media starts to feel like a pack of vultures.

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Think gold is a poor investment?

Try gold miners.

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Stocks flat, stronger rand hits miners

Bargain hunters snap up battered shares.

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Government pension fund turns to Africa

Aims to increase asset allocation from 1% to 5%.

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Dubai Booming in Region of Turmoil

There is a sense of déjà vu in Dubai. Two-and-a-half years after a major debt crisis, the city appears to be booming once again, as investors and tourists see it as a safe haven in a region fraught with instability. read more

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EU Files WTO Complaint Over Chinese Stainless Steel Duty

The European Union said on Thursday it had lodged a complaint at the World Trade Organization against China’s imposition of anti-dumping duties on imports of stainless steel tubes, six months after Japan filed a similar case.
 
The complaint centers on high-quality steel products that China needs to build new power plants, crucial for its plans to upgrade and clean up its electricity infrastructure.
 
China’s steel industry, by far the biggest in the world, found it could …

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US Jobless Claims, Consumer Spending Improve

Fewer U.S. workers got laid off last week and American consumers spent more money in April. read more

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South Sudan to Continue Oil Production

South Sudan is not preparing to shut down its oil production, despite threats from Sudan’s president to cut off transportation in a continuing dispute over support for rebels. South Sudan is calling on the African Union to intervene.
 
South Sudan is continuing oil production in spite of an order from Sudan’s president, Omar al-Bashir, to stop oil shipments through pipelines in the north.
 
Pagan Amum, chief negotiator for South Sudan in the ongoing talks between the two countries, …

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