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EUROZONE CRISIS 
The Eurozone crisis has become a buzzword, but most people are oblivious as to how this will affect them personally. The crisis was sparked by Greece's inability to meet its borrowing obligations, very similar to a situation where you are unable to pay your bank loan due to a job loss or cut in salary. Because of this, many banks who were lenders to Greece are experiencing a cash crunch.

In order to balance their... Read More    Add Comment

>>  SOUTH AFRICA
African American History Museum to Host Artifacts from Wrecked Slave Ship
Time - 10 Hours ago
Iziko Museums Underwater archaeology researchers on the site of the São José slave ship wreck near the Cape of Good Hope This marks the first time in history that archeologists have documented a wrecked
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S.African rand touches 11-week lows as risky assets out of vogue
Reuters Africa - 10 Hours ago
JOHANNESBURG, June 2 (Reuters) - South Africa's rand touched 11-week lows against the dollar in a continued sell-off of risky assets on Tuesday as investors fretted about the dim global growth outlook.
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FIFA defends Blatter assistant on $10 million in bank transactions
Christian Science Monitor - 11 Hours ago
Jerome Valcke is described in an indictment filed in federal court in Brooklyn, New York, as an unidentified "high-ranking FIFA official" who in 2008 transferred the sum to another FIFA official, Jack
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UPDATE 1-S.Africa's central bank says case for interest rate cut "evaporates"
Reuters Africa - 11 Hours ago
(Adds details, quotes, background) PRETORIA, June 2 (Reuters) - A South African interest rate cut in the near future is unlikely despite poor growth prospects due to mounting inflation pressures,
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South Africa Rate Hikes Won’t Be at Expense of Growth, SARB Says
Bloomberg - 11 Hours ago
South Africa’s Reserve Bank said a moderate tightening in monetary policy will help it keep inflation under control without causing too much harm to economic growth. The bank will resume its “interest-rate
SARB puts a smile on bleak inflation outlook BizNews.com
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S.Africa's central bank says case for interest rate cut "evaporates"
Reuters Africa - 11 Hours ago
PRETORIA, June 2 (Reuters) - A South African interest rate cut in the near future is unlikely despite poor growth prospects due to mounting inflation pressures, the central bank said on Tuesday.
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S.African shares inch up as Anglo rallies on iron ore exports
Reuters Africa - 11 Hours ago
JOHANNESBURG, June 2 (Reuters) - South African stocks were slightly firmer on Tuesday, partly anchored by a 5 percent rise in the shares of resource giant Anglo American as its iron ore exports to India
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Soccer-FIFA calls unexpected news conference
Reuters Africa - 11 Hours ago
ZURICH, June 2 (Reuters) - Soccer's under-fire world governing body FIFA has announced an unexpected news conference at its Zurich headquarters later on Tuesday (1600 GMT). No details of the subject
FIFA calls unexpected news conference (Reuters) Yahoo! Canada
REUTERS - Soccer-FIFA calls unexpected news conference Namibia Press Agency
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Soccer-Baxter leaves South African champions
Reuters Africa - 12 Hours ago
JOHANNESBURG, June 2 (Reuters) - Former Finland coach Stuart Baxter has parted company with South African league champions Kaizer Chiefs. Baxter said his departure was due to "tensions" with
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UPDATE 1-S.African public workers threaten to withdraw from wage deal
Reuters Africa - 13 Hours ago
(Adds details) CAPE TOWN, June 2 (Reuters) - South Africa's public sector unions on Tuesday threatened to abandon a recent wage hike deal after the government said it would raise salaries by
Unions slam new govt wage move as 'abominable' Finance 24
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South African lion park operating ‘as normal’ after American’s death
Washington Post - 13 Hours ago
One day after an American tourist died at a popular wildlife park following an attack by a lion, the facility was open to the public Tuesday and “will operate as normal,” Lion Park spokesman Andre La
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South African public workers threaten to withdraw from wage deal
Reuters Africa - 13 Hours ago
CAPE TOWN (Reuters) - South Africa's public sector unions on Tuesday threatened to abandon a recent wage hike deal after the government said it would raise salaries by 6.4 percent for the first of a three-year
Public workers threaten to withdraw from wage deal Moneyweb
S.African public workers threaten to withdraw from wage deal Reuters Africa
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Sasol's Wax Expansion Project Phase I Successfully Commissioned
Reuters - 13 Hours ago
PR Newswire JOHANNESBURG, June 2, 2015 JOHANNESBURG Phase I of Sasol's Fischer-Tropsch Wax Expansion Project (FTWEP) has been successfully commissioned at its Sasolburg Operations in South Africa
Sasol Commissions Phase 1 of Wax Expansion DownstreamToday.com
Sasol’s Wax Expansion Project Phase I Successfully Commissioned Asia PR News
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Richard's Bay coal market faces changes after complaints to globalCOAL
Reuters Africa - 13 Hours ago
* Jump in bids for non-standard tonnages * Some traders concerned about impact on prices * Compliance committee to review members' feedback Wednesday * One proposal would limit trades
R Bay coal market faces changes after complaints News24
Richards Bay coal market faces changes after complaints to globalCOAL Mining Weekly
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S.Africa's Mr Price to open stores in Australia this year
Reuters Africa - 13 Hours ago
JOHANNESBURG, June 2 (Reuters) - South Africa's fashion-value retailer Mr Price plans to open stores in Australia by the end of this year, the firm said on Tuesday. "Our plans there will commence
South Africa's Mr Price to open stores in Australia this year The Africa Report
REUTERS - S.Africa's Mr Price to open stores in Australia this year Namibia Press Agency
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FIFA denies top lieutenant involved in scandal
Reuters - 14 Hours ago
ZURICH Secretary general Valcke had no role in the payments, which were authorized by the chairman of FIFA's Finance Committee, it said in a statement. The chairman of the committee at the time of
Valcke not involved in $10 mln payment: FIFA Reuters India
FIFA says Valcke not involved in payment Oman Observer
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Mr Price Profit Gains as Clothes Retailer Focuses on Cash Sales
Bloomberg - 14 Hours ago
Mr Price Group Ltd., a South African clothing and household-goods retailer, said its focus on cash transactions helped lift profit 23 percent as the company avoided potentially costly non-payments of
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Chinese gov't, companies help S. Africa primary education
People.com.cn - 14 Hours ago
JOHANNESBURG, June 2-- Despite fame for mega buildings and making fortune, the Chinese government and companies impressed African people with their enthusiasm for developing education. On Monday, which
Roundup: Chinese gov't, companies help S. Africa primary education China.org.cn
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FDI value jumps despite falling number of investment projects in Africa - EY's 2015
Bloomberg - 14 Hours ago
- FDI project numbers down, but values up considerably, with Africa receiving the second highest FDI capital in the world (y-o-y growth of 136%) (1) - Sub-Saharan Africa will be second fastest-growing
FDI value jumps despite falling number of investment projects in Africa BizTechAfrica
FDI value jumps despite falling number of investment projects in Africa – EY's 2015 InAfrica24
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Lion kills woman at S. African park
CNN - 14 Hours ago
Story highlights A companion of the woman is hurt, but he is expected to survive They were on a self-drive tour and had left their windows open Her companion was hurt trying to fight off the animal,
Lion kills woman on safari Frontier Post
Lion Kills Woman At South African Park Malaysian Digest
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Peli Peli Hosts Private Dinner for Star Of Hope Mission
Bloomberg - 15 Hours ago
/PRNewswire/ -- In addition to Peli Peli's mission to provide a memorable dining experience for each of its guests, the South African restaurant strives to set an example by giving back to their community.
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S. African park where U.S. tourist was killed by a lion is ‘operating as usual’
Washington Post - 15 Hours ago
According to officials, a lion jumped into the open window of a vehicle and mauled a 22-year-old American woman to death at the Lion Park in Johannesburg. (Reuters) One day after an American tourist
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Killing me softly: South Africa could become first non-EU state to grant assisted
An Nahar - 15 Hours ago
Nina Raybaudo 2 June 2015 at 14:42 Today, South African court will hold a session that could lead the country to be the first non-EU state to grant assisted suicide. Two months ago, South African
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Watch: Lion Kills US Tourist in South African Safari Park
ABC News - 15 Hours ago
Park rangers chased the animals away, but medics were unable to save the woman's life. ABC News Videos | ABC Entertainment News Coming up in the next {{countdown}} {{countdownlbl}} Coming up next:
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South African Deputy President To Earn At Least $200 Million From Sale Of Investment
Forbes.com - 15 Hours ago
Follow Comments Following Comments Unfollow Comments South African Deputy President Cyril Ramaphosa, who featured in FOBRES’ annual ranking of the richest Africans between 2011 and 2013, has successfully
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