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Greek labor unions, students and others are planning massive a nationwide rally and general strike for tomorrow to protest the government’s austerity budget and deep spending cuts, as well as the imposition of European Union (E...

Ethiopia: Food prices pushes inflation to nearly 30 pct

Ethiopia's year-on-year inflation rate rose for a second straight month to 29.5 percent in April, from 25.0 percent a month earlier, driven by a sharp rise in food prices, the statistics agency said on Tuesday.

Sudan inflation 16.5 pct, food costs add to hardship

Annual inflation in Sudan eased to 16.5 percent in April from 17.1 percent in March, data showed on Tuesday, but food prices remain high, adding to the country's economic challenges after its southern part voted to secede.

Burkina Faso: Onatel reports 77 pct fall in net results

Burkina Faso telecoms company Onatel has reported a 77.21 percent fall in net result for the first quarter of 2011, hit by lower tariffs charged to clients compared with the same period last year.

Nigerian inflation great challenge: central bank

Fighting inflation is likely to be a challenge for Nigeria this year, but growth could top 7 percent if power and other reforms go ahead, Nigeria's central bank governor said on Tuesday.

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