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Nov 13 2009
Hike sought for Africa spending
By Agencies   
Sub-Saharan Africa has one quarter of the paved roads found in the developing world [EPA]
Sub-Saharan Africa has one quarter of the paved roads found in the developing world [EPA]
Sub-Saharan Africa needs to double its spending on infrastructure to $93bn a year in order to brings its road, water and energy systems up to 21st century standards, the World Bank has said.

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Tags:  Sub-Saharan Africa
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Medvedev urges economic rethink
By Agencies   

Dmitry Medvedev made his annual state of the nation speech in an ornate Kremlin hall [Reuters]
Dmitry Medvedev made his annual state of the nation speech in an ornate Kremlin hall [Reuters]
Russia must reduce the role of the state in the economy and modernise its industrial base to survive, Dmitry Medvedev, the country's president, has said, apparently challenging the policies of his predecessor, Vladimir Putin.

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Tags:  Dmitry Medvedev Russia
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Iberia cancels flights amid strike
By Agencies   

Hundreds of flights have been cancelled due to the two-day strike [AFP]
Hundreds of flights have been cancelled due to the two-day strike [AFP]
Iberia, Spain's national airline, has cancelled hundreds of flights due to a two-day strike by cabin crew seeking pay increases.

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Tags:  Iberia Spain
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Cadbury rejects hostile Kraft bid
By Agencies   

There has been considerable opposition to Kraft's offer in the UK [EPA]
There has been considerable opposition to Kraft's offer in the UK [EPA]
Cadbury, the British confectioner, has rejected a hostile $16.4bn takeover bid from Kraft Foods, describing it as "derisory".

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Tags:  Cadbury Kraft
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Karzai seeks Muslim trade relations
By Agencies   
Ahmadinejad, centre, called for Islamic principles to replace capitalist values [AFP]
Ahmadinejad, centre, called for Islamic principles to replace capitalist values [AFP]
Hamid Karzai, the Afghan president, has appealed for closer trade ties with fellow Muslim countries to help Afghanistan break its cycle of conflict.

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Tags:  Karzai Muslim trade
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