Saturday, 04 May 2013 17:23
Posted by Muhammad Iqbal
SYDNEY: Australian livestock exporters said on Saturday they were suspending live cattle exports to Egypt after a graphic video purportedly showed animal cruelty in Egyptian abattoirs and prompted Canberra to launched an investigation.Agriculture officials said they had taken the matter up with Cairo, as Agriculture Minister Joe Ludwig said he was "dismayed" that the footage provided by animal rights group Animals Australia had not been made available sooner.Animals Australia, which is campaigning for an end ...
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JOHANNESBURG: More than a quarter of South African workers are now out of work, official statistics showed on Monday. Statistics SA said that 4.6 million South Africans were unemployed in the first quarter of the year, or 25.2 percent of the eligible population. That was up from 24.9 percent in the last quarter of 2012. "The increase in the unemployment rate adds to other evidence that the local economy is struggling to pick up," said economists at Nedbank. Broader statistics paint an even bleaker picture of the country's chronic unemployment, with nearly 37 percent of South Africans not working, because of age, health or economic reasons. Of 50 million South Africans, there were also 2.3 million who are discouraged workers who have given up looking for a job and more than 12 million who are not economically active. About 66,000 jobs were lost in the trade sector during the last ...
JAKARTA: Indonesia's economy expanded by 6.02 percent in the first quarter, official data showed Monday, the slowest pace in more than two years as exports fell due to the weak global economy.It was the slowest quarterly, year-on-year growth in Southeast Asia's biggest economy since the third quarter of 2010 and came in below forecasts. The economy grew 6.11 percent in the fourth quarter of last year.Exports fell by 4.33 percent compared to the previous quarter, ...
MADRID: The masses of people registered at unemployment offices in Spain shrank slightly in April to fewer than five million, raw data showed Monday, a result hailed by Prime Minister Mariano Rajoy's government.The number of job seekers registered as unemployed in April fell from the previous month by 46,050 people, or 0.91 percent, dipping below the five-million mark to 4.989 million, according to raw figures released in a monthly report by the Labour Ministry.Compared to ...
SEOUL: South Korea on Monday dismissed an "incomprehensible" list of North Korean demands for reviving suspended operations at a jointly-run industrial park.The Kaesong Industrial Complex, opened north of the border in 2004 as a rare symbol of cooperation, has been shut indefinitely with the withdrawal of all North and South Korean workers amid soaring military tensions.On Sunday, the North's National Defense Commission led by leader Kim Jong-Un said re-starting the complex would require the South ...
SYDNEY: Australian livestock exporters said on Saturday they were suspending live cattle exports to Egypt after a graphic video purportedly showed animal cruelty in Egyptian abattoirs and prompted Canberra to launched an investigation.Agriculture officials said they had taken the matter up with Cairo, as Agriculture Minister Joe Ludwig said he was "dismayed" that the footage provided by animal rights group Animals Australia had not been made available sooner.Animals Australia, which is campaigning for an end ...
GREATER NOIDA: Asian nations must be on guard against excessive risk taking and asset bubbles fed by central bank efforts to boost economic growth, major regional economies including Japan and China said on Friday.Central banks in countries including Japan, the United States and Britain have been pumping out cheap money which has driven investors to seek higher returns in emerging economies around the world, driving up asset prices."We shall remain vigilant on the unintended negative ...
CHICAGO: Chicago Mercantile Exchange live cattle futures moved higher on Thursday as wholesale beef prices approached an all-time high, fueled by growing grilling demand, said analysts and traders. The wholesale price of choice beef, or cutout, Thursday morning rose 81 cents per cwt to $200.30 per cwt.It is the highest since $200.65 on Oct 20, 2003 and near the Oct 16, 2003 record of $201.18, according to US Department of Agriculture."I'm sure packers are ...
