The number of children and adolescents that entered the labor market fell about 50 percent in 15 years, according to the survey Decent Work in Brazil, published Wednesday by the International Labor Organization (ILO).
In 1992, there …
Indonesian airlines, Lion Air, has received three Boeing 737-900ER planes as part of the 178 aircraft it ordered from the U.S.-based plane maker, Lion Air said in a statement released Thursday.
The three new planes arrived in Indones…
Brazil generated 246,700 jobs in November, a record high for the month, the country's National Registry of Employed and Unemployed reported Wednesday.
The number of jobs generated in the past month was 6.8 percent more than the prev…
Tanzania will take part in the international fine coffee competition for the first time in history,
popularly known as Barista, which brings together all commercial coffee producers in the world to sustain the quality of the product, loc…
A smart new computer program designed by a South African local PC boffin could be used to predict crowd behavior at stadiums during next year's World Cup, the Cape Argus newspaper reported on Wednesday.
The innovative program, design…
The U.S. trade deficit rose 10.3 percent to 108 billion dollars in the third quarter, the Commerce Department reported Wednesday.
The third-quarter figure, which rose from a downwardly revised 98 billion dollars in the second quarter…
The funding for adaption and mitigation of climate change should rise to 100 billion U.S. dollars a year by 2020, said Males Zenawi, Prime Minister of Ethiopia, on behalf of the African Group, at the U.N. Climate Change Conference here on …
The United Nations Children's Fund (UNICEF) warned on Wednesday that in the absence of funds, Somalia faced a deepening crisis.
"Without any money in the bank to start the year we will be facing a very serious crisis," Rozanne Chorlt…
The European Union (EU) rendered legally binding Microsoft commitments to boost competition on the web browser market, said a press release on Wednesday.
The EU's executive commission rendered legally binding Microsoft commitments to…
Vice President John Dramani Mahama on Thursday said the impact of the recent global economic crisis would have been less painful to countries of the West African Monetary Zone (WAMZ) if they had had a common currency.
He said this at…
Prof Paul Buah-Bassuah, Chairman of the Board of the Twifo Rural Bank, has appealed to shareholders of the bank to keep faith with it by ensuring prompt re-payment of loans.
He expressed concern that huge loans granted under the Soci…
The Asante Akim Rural Bank in its quest to ensure customer satisfaction and to survive the growing competition in the banking industry has re-packaged some of its products.
To this end, the bank's funeral loan called "Abusuapanin Ani…
Ghana on Monday dialogued with stakeholders to fine-tune the country's Aid Policy, intended to guide engagement with her Development Partners (DP's) to finalize the policy.
The consultative workshop under the theme: "Putting Ownershi…
Despite the Obama administration's exorbitant
efforts to create more jobs through its stimulus package, to those struggling, out-of-work
Americans, the benefits are not felt soon in today's gloomy job market.
Last week, the Labor D…
An Accra-based non-governmental organisation (NGO), "ABC Charity Trust Foundation", on Wednesday asked the public to demand to know all oil agreements signed on the country's oil resources.
It said in a statement in Accra that the go…
Head, Organisation and Human Resource Management of the University of Ghana Business School, on Wednesday said many corporate bodies operating in Ghana lacked broad knowledge and understanding of what Corporate Social Responsibility (CSR) …
A leading indicator of economic activity shows that the Australian economy is predicted to rebound at its fastest pace since the mid-1970s next year, the Australian Associated Press reports on Wednesday.
The annualized rate of Westpa…
Britain's leading bank Barclays has forecast that despite the recession Britons are set to hit the high street in a Christmas spending spree where they look likely to spend a record 23 billion pounds (about 37.4 billion U.S. dollars) throu…
Small and Medium Scale enterprises (SMEs) could be used as a tool to transform the standard of living of the masses, if the district assemblies capture their activities in the governance process.
Mr Kwesi Afriyie Badu, Chief Executive…
The government of Ghana and the German Development Cooperation (KFW) have signed a loan and financing agreement to support the local government system in the country.
A statement issued in Accra by the Public Relations Unit of the Min…
Exports, Tunisia's main growth engine, fell 20.6 percent for the January-November period in 2009 from the same period last year on lower demand for the country's petroleum and farm products, official data showed on Saturday.
The tota…
The Iraqi Oil Ministry said Saturday that it has awarded world's leading energy companies with the development contracts of five more oilfields on the second day of the bidding.
The Russian Lukoil and its partner the Norway's Statoil…
The Asian Development Bank (ADB) Saturday said it has approved a 2-million-U.S.-dollar loan to finance a-billion-dollar project to build railways in an eastern Chinese province to link remote rural villages to the country's economic hubs.
…
The United States and Japan on Friday reached an "open skies" agreement designed to remove restrictions on passenger and cargo air services between the two countries.
"Once this agreement takes effect, American and Japanese consumers…
The Japanese government rejected criticism on Friday that its 3.7 billion "cash for clunkers" program unfairly excluded U.S. Big Three automakers -- GM, Ford and Chrysler, the Detroit News reported.
Satoshi Miura, a consular official…
The Asian Development Bank (ADB) and Indonesia's state-run power company PT Perusahaan Listrik Negara will cooperate in funding three electricity interconnection projects worth 9.8
trillion rupiah (about 980 million U.S. dollars) , Kompa…
The Ministry of Food and Agriculture (MOFA) on Tuesday said some industrial trawlers had been fishing within the Inshore Exclusive Zone (IEZ) in the past week off Winneba/Cape Coast resulting in destruction of fishing nets of canoe fisherm…
The cedi remained stable against the US dollar on Tuesday, but appreciated against the Euro and the CFA, the Gold Coast Securities (GCS)-Cedi Index said.
Even though the cedi fell by 0.19 pesewas to the UK Pound, the Index dropped by …
Fourteen developing economies of East Asia are
expected to grow 4.2 percent in 2009 and the growth will continue to pick up to 6.8 percent
in 2010, the Asian Developing Bank said in its latest forecast on Tuesday.
The Manila-based …
The Ghana Community Network Services Limited (GCNet) has won the bid to carry out the automation programme, under the e-Ghana project, to integrate the operations of the revenue agencies to enhance the mobilisation of national tax revenues…
Nigeria's Vice-President Goodluck Jonathan has
expressed the country's interest in exploring nuclear energy as a complementary source to
thermal and hydro installations for power supply.
Jonathan said this when the delegation from …
The Indonesian government will control the exports
of rice, the country's staple food, next year to maintain sufficient domestic supply as the
global prices of the commodity are expected to surge next year, a vice minister said here Tues…
Myanmar and Vietnam have been seeking direct air link as part of their efforts to boost the two countries' economic and trade cooperation and the current visit to Nay Pyi Taw of Vice-President of Vietnam Airlines Duong Tri Thanh is seen as…
Economists expect the unemployment rate in New Zealand to rise to 7 percent of the workforce and stay there for the next two years.
A survey by the Institute of Economic Research released on Tuesday showed the economists see the unem…
A seminar on development cooperation, jointly
organized by Myanmar and the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP), is due to open in Nay Pyi Taw later on Tuesday.
The second seminar of its k…
Mr. Reuben Adamtey, Bolgatanga Branch Manager of the ARB Apex Bank has advised rural and community banks to check fraud in the banking industry.
"One serious issue that I want to draw your attention to is fraud, which has reared its …
Members of the Technical Committee for the West African Monetary Zone (WAMZ) on Monday held a meeting to discuss measures critical for a smooth introduction of a common currency, the Eco, by 2015.
The Committee, which is made up of r…
A senior official at the International Finance Corporation (IFC), a unit of World Bank (WB), said that it could provide funds up to 100 million U.S. dollars to finance efficient energy projects across Indonesia, the Jakarta Post daily repo…
The Forikrom community credit union generated an income of GHC 15,480.87 between July 2007 and June 2009 financial year.
About 800 members were granted a total of GHC 53,991 loans to improve their lot in the areas of agriculture, tra…
Ghana Commercial Bank (GCB) on Monday opened its 157th branch in Nungua in the Greater Accra Region as part of a three-prong approach to expand its services nationwide.
The strategy include opening of new branches in strategic locati…
Members of Parliament (MPs), on Monday expressed their views on the reduction of budget estimates of the Electoral Commission (EC) from GHC67 Million Ghana Cedis to GHC 10 Million Cedis for the 2010 District Level Elections, by the Executi…
The Abu Dhabi government has agreed to fund 10 billion U.S. dollars to Dubai to meet upcoming obligations on the state-owned conglomerate Dubai World, the official news agency WAM reported
Monday.
"The government of Abu Dhabi has a…
The Bank of Japan's (BOJ) December tankan survey showed Monday that sentiment among big manufacturers in Japan has improved as the world economy shows signs of recovery, however a
less-than-positive outlook for capital expenditure indica…
Australian Deputy Prime Minister Julia Gillard on Monday said the opposition's calls for a ban on Chinese investment in Australia is irresponsible and contrary to the national interest.
National's senator and opposition finance spoke…
The Dubai government set up on Monday a special tribunal to deal with disputes that might arise out of any future settlement of the financial position of the state-owned conglomerate Dubai World and its subsidiaries.
Ruler of Dubai S…
The Obama administration Monday notified Congress that President Barack Obama intends to enter into negotiations of a regional, Asia-Pacific trade agreement with Vietnam, New Zealand, Singapore and other four countries.
In letters to…
Qatar's Deputy Prime Minister and Minister of Energy and Industry said here Monday the current oil prices that fluctuate between 70 to 80 U.S. dollars per barrel was "appropriate."
Abdullah bin Hamad Al-Attiyah made the remarks on th…
The Angolan and U.S. governments on Monday signed an agreement to establish a resident consultant from the U.S. treasury department in Luanda to help the African country to improve its bond-issuing and debt management systems.
The ac…
The European Commission (EC) approved an
impaired asset relief scheme and restructuring plan for the Royal Bank of Scotland (RBS), an
official EU statement said on Monday.
The measures foresee an appropriate participation of the ba…
As the first operator in the world, TeliaSonera,
a Swedish telecommunications company, on Monday launched 4G services commercially to customers in Stockholm and Oslo.
"The use of mobile broadband in the Nordic countries is exploding…
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