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Developing Countries to Receive Over $350 Billion in Remittances in 2011, Says World Bank Report
Geneva, December 1, 2011 (Washington DC, November 30, 2011 8pm) – Remittance flows to developing countries are expected to total $351 billion this year, and worldwide remittances, including those to high-income countries, will reach $483 billion [corrected from $406 billion … Continue reading
UN ranks Pakistan 145 of 187 in human development – Nation
The UNDP report cites International Labour Organisation (ILO) estimates that labour cost would not exceed 0.5 per cent of GDP in Bangladesh, Cameroon, Guinea … 50 percent in the most adverse scenarios. Agriculture accounts for 70-85 percent of water …
UK: Iran faces ‘consequences’ for embassy attack – msnbc.com
Cameron called the storming of the embassy in Tehran on Tuesday … which later included significant control over Iran’s oil industry. But they have become increasingly strained as the West accuses Iran of trying to develop nuclear weapons — a … Continue reading
Starbucks to brew up 5,000 jobs – The Guardian
David Cameron will today herald plans by the coffee chain Starbucks to create 5,000 new roles as evidence of job creation in the private sector. The global coffee business intends to hire the additional staff over the next five years … Continue reading
Anzhi mega earner Eto’o: I could be playing in Premier League – Tribal Football
The move to Russia from Inter Milan made the Cameroon striker the highest paid player in the world, earning a reported £350,000 per week. Eto’o told France Football: “The easiest solution would have been to go on at Inter or … Continue reading
Nigerian senate passes anti-gay bill, defying British aid threat – CNN
Ugandan government spokesman Fred Opolot described Cameron’s remarks as “patronizing, colonial rhetoric,” saying the nation is busy expanding its oil sector to reduce its reliance on aid. “We are working hard to limit our reliance on foreign …
Bank of America shuts Brazil private banking unit – Reuters
Merrill Lynch, as the securities unit of the Charlotte-based bank is known, will focus on corporate and investment banking in Latin America’s biggest economy, the source added. Private banking has become the focus of local and foreign players in …
African Cup of Nations – Courbis denies Niger advisory deal – Yahoo! Eurosport
Boateng rubs salt in Ghana wounds Cameroon players strike as international called off … jail at the end of 2009 for taking bribes to buy and sell players, told French sports daily L’Equipe’s website. “We are working on the possibility … Continue reading
Cameroon : Douala May soon Lack Smooth Roads – AllAfrica.com
Expert-technical supervision and construction check-up within the framework of road construction and maintenance largely remains questionable. Douala of recent is experiencing an unprecedented number of degrading roads even shortly after their …
Cameroon News: Bowleven Discovers Greater Hydrocarbon Deposits in Sapele 3
In what could amount to a splendid development for the Republic of Cameroon economy, crude oil and natural gas exploration company Bowleven (BLVN) has revealed a new breakthrough at its Sapele-3 off-shore discovery well on Thurday. With a total depth of … Continue reading
