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The Diepsloot killings

Weekend 101: From the sombre to the ridiculous

The Diepsloot killings, the EFF’s official launch, the US government shutdown ends and Mps declare some interesting gifts. Elephant, anyone?

US lawmakers abandon efforts to rein in ballooning debt

US lawmakers have abandoned efforts to rein in debt in a sign that Washington will be unlikely to resolve the tax and spending dispute before 2013.

Wall Street protesters disgusted with both parties

Wall Street demonstrators in the US say politicians from both major parties are to blame for policies they say protect corporate America.

Hope floats as US jobless claims less than expected

A US report hinted at an improvement in labour market conditions after unemployment benefit claims rose less than expected last week.

Greek crisis could spark exodus like WWII aftermath

Many Greeks, their lives ravaged by the debt crisis, are thinking of emigrating like hundreds of thousands who left for foreign shores after WWII.

Stocks take another dive on Greek default fears

Stocks slid again as Europe struggled to contain a debt crisis in Greece that is threatening to plunge the continent back into recession.

US’s Operation Twist hammers world markets

US’s Operation Twist hammers world markets

A grim outlook for the US economy from the Federal Reserve and signs of a slowing in China and Germany has sent world stocks tumbling.

Gordhan urged not to eliminate tax-paying culture

Gordhan: Brics to consider euro bonds plan

A meeting of emerging economies will consider a Brazilian proposal to buy European bonds to help crisis-hit eurozone countries, Pravin Gordhan says.

Rand tumbles, tipped to hit R8/dollar

The rand tumbled nearly 3% to hit 16-month lows against the dollar as importers piled into the greenback, spooked by a recent trend of sharp declines.

Sub-Saharan Africa might feel Europe, US pinch

Sub-Saharan Africa could maintain its economic expansion in the near term, but faltering US or European recovery could threaten trade, says the IMF.

Our efforts are undermined, says Greece minister

Stavros Lambrinidis says Greece’s fiscal adjustments made since revealing its debt and deficits two years ago were being undermined by stereotypes.

Asian stocks rebound on Europe’s debt hopes

Asian stocks bounced after tentative steps by eurozone policymakers to tackle a crippling debt crisis, but investors remained wary.

Investors anticipate a European recession

Investors expect Europe to fall into recession in the next 12 months, according to the BofA Merrill Lynch Survey of Fund Managers for September.

Bernanke: Keen on strong growth, mum on measures

The US Federal Reserve chairperson Ben Bernanke has said the US central bank would spare no effort to boost weak growth.

Obama

Obama’s jobs plan reinvigorates growth outlook

Barack Obama’s jobs package could lift US economic growth by one to three percentage points in 2012, add well over one million jobs, say analysts.

US’s Operation Twist hammers world markets

What will Obama’s job package have?

Barack Obama is due to unveil a jobs package in a speech to Congress. What might his bold plan to reduce the country’s unemployment rate consist of?

Stocks rally as Germany upholds Europe’s bailout plan

US stocks rallied for the first time in three days after a German court backed the country’s role in bailing out other European countries.

US’s Operation Twist hammers world markets

US media reports possible $300-billion jobs package

Barack Obama is planning about $300-billion in tax cuts and government spending as part of a job-creating package, US media reports say.

US recession fears wrecks world markets

Wall Street braced for losses on Tuesday after world stock markets took a beating over fears that the US economy was heading back into recession.

Stocks in perfect storm of Irene

Stocks in perfect storm of Irene

United States stocks are setting up for another turbulent week that will begin with a focus, oddly enough, on the weather.