SOUTH AFRICA

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IMF says threat of sharp global slowdown eased

The probability of a sharp global slowdown has eased due to recent policy measures adopted in the euro zone to tackle its debt crisis, the International Monetary Fund said on Thursday, but it warned risks to world growth remain squarely to the downside.
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Who Are The Hottest KPop Stars? Yoobin Wins Worldwide Poll [PHOTOS]

Korean Pop (KPop) has been making headlines recently as the music phenomenon expands beyond Asia and attracts a Western fan base of screaming teenage boys and girls. Recently, the cable channel tvN conducted a poll, asking 150 foreign students from 20 countries which KPop idol they think is the sexiest.
Miners at Rustenberg platinum mine

Impala Platinum Loses $263.66M in Illegal Rustenberg Strike

Impala Platinum , the world's second-largest platinum producer, said on Tuesday the costs of an illegal strike at its key Rustenburg operation in South Africa have reached 100,000 ounces and a loss of income of 2 billion rand ($263.66 million).
Casa Berardi Project

Gold Prices Slide 1% with Euro, Stocks, Other Commodities

Gold prices fell 1 percent on Monday, in line with the euro, stocks and other commodities, as worries over the euro zone debt crisis and the impact of high crude oil prices on the fledgling economic recovery fuelled risk aversion.
A women and her child walk past portraits of former South African President Nelson Mandela, painted by O.J. Zwane, in Soweto February 26, 2012.

South Africa's Nelson Mandela Released from Hospital

Former South African President Nelson Mandela was discharged from hospital on Sunday after a keyhole abdominal examination showed there was nothing seriously wrong with the 93-year-old anti-apartheid leader, the government said.
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BRICS to look at bid for top World Bank job

The world's major emerging economies on Saturday rejected the tradition that an American automatically is selected to head the World Bank and they will look at putting forward their own candidate for the open job.
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BRICS call for open selection of next World Bank chief

A meeting of BRICS major emerging countries discussed the selection process of the next head of the World Bank and emphasized it should be open to all countries, rejecting the tradition that the job automatically goes to an American, a senior BRIC official said on Saturday.
Nelson Mandela

Nelson Mandela Hospitalized

Former South African president Nelson Mandela was admitted to hospital on Saturday for treatment for a long-standing abdominal complaint, the government said.
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Renowned Climate Scientist Comes under Fire

The prestigious California-based Pacific Institute climate research group has launched an investigation of its president and founder, Peter Gleick, after he admitted fraudulently obtaining documents from global warming skeptics challenging his work.
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Saif Ali Khan Arrest: A Flashback by Both Sides

One of the top paid actors of Bollywood and a role model to millions, Saif Ali Khan might have got himself into a big mess. Mumbai police Wednesday registered a case against the actor under section 325 of the IPC for allegedly assaulting a patron of the Taj Mahal Hotel in south Mumbai.
Stock brokers

Sensex Drops; Bharti, Kingfisher Down; SBI up

The BSE Sensex was headed for a second day of decline on Thursday as investors booked profits from recent rallies as concerns mounted over the state of the global economy, including rising oil prices.
Miners at Rustenberg platinum mine

Platinum Prices up 3% on Supply Disruption

Platinum prices shot up more than three percent Wednesday after Impala Platinum Holdings Ltd., the world's second largest platinum producer, told buyers April deliveries would be slashed in half because of a strike in South Africa.
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Brad Pitt to Build Croatian Beach Resort: Report

Actor Brad Pitt may soon have a new role: real estate developer. Croatian paper Jutarnji List reported that Pitt has partnered with businessman Danko Koncar and actor Rade Serbedzija to build a luxury waterfront resort in the Brijuni Islands in the Adriatic Sea.

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