KAMPALA (Reuters) - Uganda's central bank held interest rates on Thursday, treading a path between managing inflation and supporting an economic upturn it said would likely lead it to cut borrowing costs in the coming year.With the country's currency under pressure, traders and analysts had mostly expected the Central Bank of Uganda to leave the key lending rate at 12 percent - ending a run of growth-boosting...
Botswana GDP growth at 1.1 pct q/q in Q3 2012
Labels: BusinessJOHANNESBURG (Reuters) - Botswana's economy grew by 1.1 percent quarter-on-quarter in the third quarter of 2012 after rising by a revised 0.3 percent in the second quarter, data from the Central Statistics Office showed on Thursday.On a year-on-year basis growth was at 5.7 percent in the third quarter compared with a revised 8.5 percent in the previous quart...
Jan
02
Benazir Bhutto's son takes up the family trade in Pakistan
Labels: WorldFive years after the assassination of Pakistan’s former Prime Minister Benazir Bhutto, her son Bilawal Bhutto Zardari made his first major speech today aimed at galvanizing supporters of the Bhutto family-led Pakistan Peoples Party.The speech, delivered in the family’s hometown of Garhi Khuda Bux in Pakistan’s Sindh Province, was attended by thousands of party supporters gathered to mark the anniversary...
India gang rape spurs national dialogue
Labels: WorldThe Indian government’s crackdown on the anti-rape protests that have continued for nearly two weeks in New Delhi has only aggravated public anger and concern about women’s safety.The protests were sparked by the gang rape and brutal assault of a 23-year-old student on a bus in the elite South Delhi district on Dec. 16.As the girl battles for her life in a Singapore hospital, Indians are debating...
Putin signs antiadoption law, throwing pending adoptions into confusion
Labels: WorldPresident Vladimir Putin signed the Dima Yakovlev Act into law Friday, banning all adoptions of Russian orphans by US citizens as of Jan. 1 and throwing dozens of currently ongoing adoptions into confusion.The mood among workers in the almost 40 Russia-accredited adoption agencies, which have survived repeated bouts of political tensions and ever-tightening regulations over the years, was near despair...
US embassy evacuated as rebels surge in Cental African Republic
Labels: WorldRebels are closing in on the capital of the impoverished Central African Republic, threatening to topple the weak government and push yet another African nation into civil war, failure, or outright collapse, The Associated Press and other news outlets are reporting.The former French colony joins a string of countries stretching from Mali and the Ivory Coast to Congo and South Sudan where war and turmoil...
In 2013, possibilities for stability from Somalia to South China Sea
Labels: WorldThe international news of any year is a disparate affair, a global chronicle of courage, calamity, and close calls. The interconnectedness of events is not always clear.But looking ahead to 2013, whether in Syria, South America, or the South China Sea, policymakers have a common New Year's wish: for unity to usher in and consolidate political and economic stability.EUROPE TURNS TOWARD INTEGRATIONAfter...
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