Business

Washington, 6 February, 2007— President Bush has sent Congress a proposed $20.3 billion budget for foreign assistance during fiscal year 2008 (FY08), including a hefty increase for the Millennium challenge Corporation (MCC). The funding request […]

Conakry, 25 January, 2007— Although the rutted main streets of Guinea’s capital, Conakry, remained mostly deserted and shops were shuttered because of a nationwide strike, kiosks were opening for business on Thursday– to turn a […]

Nairobi, 25 January, 2007— The World Social Forum (WSF) ended in Nairobi, the Kenyan capital on Thursday, with participants hailing the event as an opportunity for people from around the world to exchange ideas on […]

Nairobi, 22 January, 2007— Efforts to alleviate poverty in developing countries continue to be hampered by the burden of debts owed to rich nations, Kenyan Nobel laureate, Wangari Maathai, said on Monday, adding that most […]

Washington, 13 January, 2007— U.S. Trade Representative Susan Schwab says she is more optimistic than she has been “in many months” that members of the World Trade Organization (WTO) will conclude the Doha round of […]

Lusaka, 29 December, 2006— The Zambian government is divided over controversial tax proposals by the International Monetary Fund (IMF), and analysts have warned that extending the value added tax (VAT) of 17.5 percent to include […]

Washington, 20 December, 2006— President Bush has signed legislation to authorize permanent normal trade relations with Vietnam and to extend other major U.S. trade preference programs. “With his signature today, the president ushered in a […]

Harare, 4 December, 2006— As the International Monetary Fund (IMF) kicks of its assessment mission in Zimbabwe this week, the country’s courts sent two officials of a well-known bakery to prison for breaking the price […]