Wednesday, February 08, 2012   22:18 GMT    
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Cameroon’s Economy Suffers as Boko Haram Infiltrates Country
By Ngala Killian Chimtom
YAOUNDE - Ahmadou Lamine has been forced to close his business selling fuel imported from Nigeria, known locally as "zoa-zoa", because of the Islamic extremist group Boko Haram.
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EUROPE-DEVELOPMENT
The "Indignados" Still Have Wind in Their Sails
By Cléo Fatoorehchi
AIX-EN-PROVENCE - Months of protest across the European Union, sparked by ‘indignant’ youth demanding an end to the brand of free market capitalism that has blighted the continent with an unemployment epidemic, finally bore fruit on Jan. 30 when Jose Manuel Barroso, president of the European Commission, proposed an ambitious jobs scheme.
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Malawi’s Consumers Have a Right to Fuel and Forex Black Market
By Claire Ngozo
LILONGWE - The black market for foreign exchange and fuel is booming in the midst of an acute scarcity in Malawi. The shortage is so severe that even the Consumer Association of Malawi, an influential consumer rights body, has come out in support of the black market.
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Britain Boosts Economic Ties with the Caribbean
By Peter Richards
ST GEORGE'S, Grenada - As China sees its influence continue to grow in this part of the world, a delegation from the United Kingdom arrived in Grenada last weekend with a proverbial carrot for its former colonies, vowing to create new opportunities for trade, investment and innovation "in our respective economies".
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MAURITIUS
The Decline of Consumer Cooperatives
By Nasseem Ackbarally
PORT-LOUIS - Amateurism, high prices, mismanagement, and a limited product range have discouraged Inderjeet Rajcoomarsingh, the former chairman of the Mauritius Agricultural Cooperative Federation, from shopping at cooperative stores.
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Business as Development Tool
By Suvendrini Kakuchi
BUSAN, South Korea - The idea of business as an effective development tool is gaining ground at Busan where hundreds of experts are gathered to charter a new chapter in global aid amidst growing political and economic uncertainty among donors.
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Aid Not Effectively Reaching Africa’s Poor
By Miriam Gathigah
NAIROBI - Kenyan tea and coffee farmers remain disgruntled about the minimal profits they make selling their cash crops, the country’s leading foreign currency earners, as the government receives millions in funding for training and subsidies that most of these farmers are yet to see materialise.
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The Rush for Oil in West Africa – The New Wild West?
By Meena Bhandari
FREETOWN - There is a new oil rush off the coast of West Africa. But there are fears that the sector is not sufficiently regulated, and watchdog groups are raising concerns about transparency and governance in the region.
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Global South Needs New Path of Development
By Ravi Kanth Devarakonda
GENEVA - The convergence of leading countries from the global South - China, India, Brazil and South Africa, among others - to assist the poorest countries in sub-Saharan Africa and elsewhere constitutes a new "dynamic" in the emerging global economic partnerships, says the United Nations Conference on Trade and Development.
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SOUTH AFRICA
No Political Will to Support Generic Medication
By Kristin Palitza
CAPE TOWN - South African health experts are calling on governments to use legally available mechanisms to promote the production or import of generic drugs in their countries.
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G20
Final Push for Financial Transactions Tax
By Cléo Fatoorehchi
CANNES - While the Greek bailout and stimulus package dominated discussion among the Group of 20 (G20) major industrialised and emerging market economies at the high-level summit in Cannes, France, this week, the proposed financial transactions tax (FTT) received meagre attention.
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Africa’s Free Trade Zone: A Pie in the Sky?
By Kristin Palitza
CAPE TOWN - African heads of state have ambitious plans to create a free trade zone, encompassing 26 countries and more than 600 million people on the continent. But economic experts warn the project is a bold step that comes with a plethora of legal, administrative and political hurdles. Others suggest the plan might be a pie in the sky.
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At G20 Summit, Civil Society Demands 'People First, Not Finances'
By Cléo Fatoorehchi
CANNES - While the 20 heads of state of the Group of 20 (G20) industrialised and emerging countries gather in southern France to deliberate on the future of the global economy – particularly the crises unfolding in the Eurozone – pockets of activists are amassing around the summit to make their voices heard.
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Antigua Partners with EU for Emergency Docking Port
By Peter Richards
ST JOHN'S - The scars on the pilings adjacent to the new Emergency Ferry Docking Facility here are still visible, graphic evidence of the devastation caused by Hurricane Luis when it hit Antigua and Barbuda in 1995.
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IBSA
In Conflict with the EU
By Ravi Kanth Deverakonda
GENEVA - When the G20 leaders meet for their fifth summit in Cannes, France, on Thursday, they will be confronted with several worsening global economic and trade issues. Among them is how to strengthen the international trading system and how to overcome the developmental deficit that continues to create an uneven playing field for poor countries.
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LESOTHO
Government to Turn its Back on Textile Industry
By Kristin Palitza
MASERU - Lesotho’s textile sector – the country’s largest employer - is regarded by many as the only way out of the poverty trap in a tiny kingdom where more than half of the population lives on less than 1.25 dollars a day. But what many do not know is that the government and the World Bank have unofficially turned their backs on the sector and will soon cut important subsidies.
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/CORRECTED REPEAT*/HAITI
Nascent Union Charges Reprisals by Textile Factory Owners
By Ansel Herz*
PORT-AU-PRINCE - Workers in Haiti's apparel manufacturing sector charge that factory owners are repressing attempts to organise workers in the capital, after the dismissals of six of seven leading members of a new union within just two weeks of its formation.
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Hard Times Ahead for Caribbean Sugar
By Peter Richards
PORT OF SPAIN, Trinidad - The Sugar Association of the Caribbean (SAC) has been buoyed by a large crop this year, but a recent proposal by the European Union to abolish domestic quotas would likely cut into preferential sugar exports by the SAC and other sugar associations in the African, Caribbean and Pacific (ACP) countries to European markets.
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IBSA
Coverage of Economic Body Vital for Development
By Zukiswa Zimela
JOHANNESBURG - As the India Brazil and South Africa Summit of heads of state and government starts Tuesday, editors from the respective countries have resolved to provide better coverage of the economic body.
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TRADE
Developing Countries Out in the Cold at WTO
By Ravi Kanth Devarakonda
GENEVA - Developing countries, particularly from Africa, are concerned about attempts by industrialised nations to change the negotiating dynamic of the World Trade Organization.
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Africa & Europe: No More Trade-Offs Trade has historically been a geopolitical tool, creating significant economic imbalances in developing countries. However, many countries in East Asia and Latin America have been able to alleviate poverty due to increasing trade. Tackling poverty has proven to be much harder in low income countries in sub-Saharan Africa, Asia and Latin America, and their dismal trade performance is one important reason for that. They remain at the margins of world trade and indeed of the world economy. These articles are aimed at informing readers about the complexities of trade and its varying effects on development, with a special focus on the consequences of the global economic crisis, the potential of fair trade and the gender implications of trade policies.

LDCs CANNOT CONTINUE TO WAIT FOR WTO DEAL, Sanjay Suri from IPS speaks with Valentine Rugwabiza of the WTO.
South Africa is trying to intergrate its various modes of transport to improve public transport in the country.
Slideshow - South Africa becoming attractive trade spot
Slideshow - African leaders think that the creation of jobs should be  ......
Slideshow - Restrictive trade barriers limit Africa's ......
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Slideshow - In some parts of Africa women’s ......
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