•    

Archive For: The Crunch

China stocks slump 7 percent on opening day of 2016

Jan 06, 2016 The Chinese stock markets recently tumbled by seven percent in the opening session of 2016, forcing exchanges to suspend trade for the first time. The Shanghai Composite Index fell 6.9%, its biggest decline on record for the first trading day of the year, before trading was halted. On its launch day, a ... Read More
 

Japan PM addresses parliament

Jan 06, 2016 Japanese Prime Minister Shinzo Abe recently addressed the lower house of parliament with a progress report on foreign policy from the previous year. He also spoke on Japan’s role in 2016, as it gears up to host the G7 leaders’ summit. While addressing parliament, Prime Abe said: “This year we will further ... Read More
 

UN envoy in Libya for government talks

Jan 05, 2016 The United Nations’ special envoy for Libya, Martin Kobler, recently sat down with Libyan officials. During the meeting, he said that the political agreement between the warring sides must form the basis of all discussions. Speaking to this effect, Kobler said: “The first point is, the Libyan political agreement is the basis ... Read More
 

Sea women form special culture on South Korean island of Jeju

Jan 05, 2016 Ideally, 7:30am on a winter morning, should find most people curled up in their beds with their duvet thrown over them. But that isn’t the case for a set of Korean female divers in the Jeju province, who go by the name of “haenyeo”. Known for their independent spirit and determination, the ... Read More
 

World number three Roger Federer arrives in Brisbane before title defence

Jan 05, 2016 Prior to his Brisbane International title defense, World number three tennis player Roger Federer recently enjoyed a boat trip along the South Bank riverfront. According to the tournament’s website, the 17-time grand slam event winner was met by representatives of the indigenous Mirrabooka tribe, who performed a traditional welcome ceremony for the ... Read More
 

Taiwan opposition leader says managing risk key in economic ties with China

Jan 05, 2016 During a debate among presidential candidates in Taiwan, the country’s opposition leader Tsai Ing-Wen insisted that risk management is pivotal in maintaining a solid trade and economic tie with China. “The Democratic Progressive Party (DPP) has never excluded economic and trade exchanges with China. But we pay attention to the management of ... Read More
 

Rafael Benitez tells critics to wait for end of season

Jan 05, 2016 Real Madrid’s coach Rafael Benitez recently played down on media suggestions that his job was dependent on his next game’s result. There has increased pressure at the Bernabeu and the chorus of whistles that greeted Benitez before their victory over Real Sociedad was an indication of the crowd’s dissatisfaction. Real Madrid has ... Read More
 

Africa’s homegrown innovations shine through in 2015.

Jan 04, 2016 Let’s take a quick look back at some of the best innovations that sprung up in and around the continent in 2015, and the brilliant minds behind them. Tanzanian scientist, Dr. Askwar Hilonga, created a water filter with the ability to remove 99.9 percent of bacteria, micro-organisms and viruses. The invention, which ... Read More
 

Central African Republic vote count starts after peaceful election

Jan 04, 2016 Voters in the Central African Republic recently headed to the pols to choose their new leaders. With thirty candidates competing in the presidential election, authorities had repeatedly postponed the polls due to violence and irregularities. After the polls closed, election observers reported a smooth outing with just a few irregularities. Commenting on ... Read More