Finance

South African Jacob Zuma corruption case to be reviewed

March 22, 2012

South African Jacob Zuma corruption case to be reviewed

A South African court has ruled that the decision to drop corruption charges against President Jacob Zuma can be reviewed. The charges were dropped just weeks before the 2009 election which led to Mr Zuma becoming president. The court agreed with a request from the opposition Democratic Alliance (DA) to challenge the decision. The judges said judicial reviews were more...

Finance , Politics

Strauss-Kahn questioned in prostitution ring inquiry

February 21, 2012

Strauss-Kahn questioned in prostitution ring inquiry

This man will never forget the African woman who brought his weakness on women, that has brought him so far till today   Former IMF head Dominique Strauss-Kahn has been detained for questioning by French police investigating a prostitution ring.   Mr Strauss-Kahn, once a front-runner for the French presidency, could be held for 48 hours at a police more...

Finance , News

Uruguay: Recycling waste into livelihoods

November 13, 2011

Uruguay: Recycling waste into livelihoods

Montevideo - On the final day of a three day visit to Uruguay, UNDP Administrator Helen Clark visited a recycling plant outside Montevideo which forms part of a poverty and environment initiative supported by UNDP and UNEP. 22% of Montevideo’s citizens live below the poverty line, and one third of these households are located in irregular settlements - areas more...

Environment , Finance

EU Banks Draws to Solving Greeks Crises

October 24, 2011

EU Banks Draws to Solving Greeks Crises

On Monday, the European Union and the banks made an agreement to have a significant remission of Greek debt. This was explained by the spokesman for the European Commission, Executive Committee of the European Union.   A possible depreciation of 50 percent of the Greek debt to banks will help Greek overcome their crisis, which has been taxed throughout the euro more...

Finance

Send Money the Easiest Way through RIA Money Transfer

October 24, 2011

Send Money the Easiest Way through RIA Money Transfer

Are you in The Hague or within Netherlands? Do you have the need to send money to your families within countries in Asia, Africa, Australia, America and Europe? Then look no further!!!!!!!!!!!! RIA is a global institution that deals in international financial services. It serves over 130 countries.   RIA offers the cheapest rates for those who want to more...

Finance , Public Announcement

Rwanda signs financial agreements with China and Germany

September 6, 2011

Rwanda signs financial agreements with China and Germany

Germany and China sent a strong message of confidence in Rwanda when they signed constructive financial agreements with Rwanda in August 2011.   When Vice-Minister of Commerce of the People’s Republic of China, Gao Hucheng, visited Rwanda in August, he stated that China will facilitate investment in Rwanda in key sectors such as mining, ICT and more...

Finance

World Bank Approves $19 million grant for the International Development Association

August 26, 2011

World Bank Approves $19 million grant for the International Development Association

On  Thursday, a $19 million grant from the International Development Association (IDA) was approved by the World Bank to strengthen the capacity of Afghanistan’s Central Bank to foster a sound financial system.   The Afghanistan Financial Sector Rapid Project is to assist the Da Afghanistan Bank (DAB) to develop a set of action plans to improve banking more...

Finance

OPTA fines KPN and Telfort 40,000 euros

August 10, 2011

OPTA fines KPN and Telfort 40,000 euros

OPTA, the Independent Post and Telecommunications Authority, has fined both KPN and Telfort subsidiary an amount of €40,000 for not timely informing Internet subscribers of changes made in their contract terms.   In addition, the consumer was not timely informed of the possibility to terminate the contract without charge. The violation relates to the timely more...

Finance

Asian Stock Markets Rebound

August 10, 2011

Asian Stock Markets Rebound

The decision made by the US Federal Reserve to keep the interest rates on hold has helped Asian market to rebound. Wall Street has had its best day in two years. Now Japan Nikkei 225 index and South Korean Kospi has risen to 1 percent whiles Hong Kong Hang Seng gained 3.6 percent. There are many investors still concerned about the global growth and many worry about the more...

Finance

Yen Strengthened against the U.S Dollar

July 29, 2011

Yen Strengthened against the U.S Dollar

The U.S dollar has sunk below the yen when faced with severe pressure on Friday. The fall is attributed to the delay by the Republican House of Representatives to vote in accordance to raise the U.S. government debt limit. The euro relinquished earlier gains and was down about 0.5 percent at a session low of $1.4265 after Moody's said it may cut Spain's credit rating, more...

Finance

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