Archive For: The Crunch
Aug 13, 2015 With its beautiful beaches and natural beauty, South Africa is one of the most popular tourist destinations in the world. According to the World Travel and Tourism Council, South Africa’s tourism industry generated $39 billion in 2013, accounting for 9.7 percent of the country’s GDP. The tourism industry has experienced steady growth ... Read More
Aug 13, 2015 Chinese Foreign Minister Wang Yi has promised China’s full support in Liberia’s post-Ebola recovery. The Foreign Minister made this offer during a meeting with Liberia’s President Ellen Johnson Sirleaf in Monrovia. Support will include rebuilding the health system, deploying more medics and training local health workers. In response President Sirleaf, expressed her ... Read More
Aug 13, 2015 Satnam Singh Bhamara, the first Indian to be drafted in the American basketball league, was given a hero’s welcome when he recently returned home for a 10-day visit. The 7-feet-2-inches player made history when he was selected by Dallas Mavericks in June as the 52nd pick in the second round. After greeting ... Read More
Aug 13, 2015 Saudi Foreign Minister Adel al-Jubeir recently met with his Russian counterpart Sergei Lavrov in Moscow to discuss the bilateral relationship between the two countries as well as international cooperation. Relations between Saudi Arabia and Russia took a slight detour following Russia’s support for Syrian President Bashar al-Assad, who isn’t in Saudi Arabia’s ... Read More
Aug 13, 2015 Iraq’s parliament has unanimously approved a reform package announced by Prime Minister Haider al-Abadi’s The prime minister’s proposed reform package, which is aimed at reducing corruption and excessive government expenditure, will include eliminating a layer of senior government positions, ending sectarian and party quotas for state positions, reducing officials’ benefits and reopening ... Read More
Aug 12, 2015 The Nigerian government has banned cash deposits in dollars and other foreign currencies in a recent move to discourage speculation on the naira which has been on the downward trend following the fall in oil price. Although wire transfers are still acceptable, the ban has led to several commercial banks capping or ... Read More
Aug 12, 2015 South Sudan’s warring factions recently held a peace negotiation in Ethiopia, in a bid to meet the August 17 deadline for a peace deal. The peace talk, which was mediated by the Intergovernmental Authority on Development (IGAD), is aimed at ending the ongoing conflict between forces loyal to President Salva Kiir and ... Read More
Aug 12, 2015 FIBA President Horacio Muratore has confirmed that China will host the 2019 basketball World Cup after beating off competition from the Philippines. This came on the heels of the IOC’s decision to award the 2022 winter Olympics to Beijing, which also hosted the 2008 summer games. China has recently received some bad ... Read More
Aug 12, 2015 Several demonstrators in Ferguson, Missouri took to the street on a commemoration rally one year after the police shooting of an unarmed black teen put the city in the international spotlight. Civil rights activists, religious leaders and others from around the United States converged in the city to commemorate the life and ... Read More
Aug 12, 2015 A 29-year-old woman, in Jinan City, capital of east China’s Shandong Province, was given the surprise of her life. She suffered postpartum bleeding after delivery and needed a blood transfusion but the blood center at the hospital had inadequate supplies of AB type blood, which was her blood type. The news made ... Read More
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