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Editor’s Choice from Liston Meintjes
- New ’scramble for Africa http://www.miningmx.com/news/markets/162200.htm
- If you believe in the China and India success stories, put your money on a new scramble for Africa, mining experts say.
- Eskom Signs $729 Million 12-Year Loan Agreement With Seven European Banks
http://www.bloomberg.com/apps/news?pid=20601116&sid=alsgXH72hfNc&refer=africa - DTI unveils plan to help textile industry
http://www.moneyweb.co.za/mw/view/mw/en/page87?oid=292365&sn=Detail - Surging China bank loans a concern, Fitch says http://finance.yahoo.com/news/Surging-China-bank-loans-a-apf-15313685.html?.v=1
- China’s Stock Index Heads for First Weekly Drop in May on Economic Doubts
http://www.bloomberg.com/apps/news?pid=20601089&sid=awMgcqIiG16A&refer=china - Kokusai Cuts Treasuries as Fukoku Sees End to Bull Market in U.S. bonds
http://www.bloomberg.com/apps/news?pid=20601009&sid=aTTTv6LEokEY&refer=bond
betting that the biggest slump in U.S. debt in 15 years will likely
continue. - Dollar Weakens to Four-Month Low Versus Euro on U.S. Credit Rating Concern
http://www.bloomberg.com/apps/news?pid=20601083&sid=as16MTe1JfP8&refer=currency - Leading U.S. Indicators, Manufacturing Gauge Climb in Signs Slump Easing
http://www.bloomberg.com/apps/news?pid=20601103&sid=aGmLZM1exx4E&refer=us - Rosenberg Says U.S. Stocks May Test March 9 Low as Consumer Spending Wanes
http://www.bloomberg.com/apps/news?pid=20601084&sid=a7DLzGCIOJ3s&refer=stocks - Consumer Spending hasn’t recovered from the longest recession since the 1930s.
- U.S. Stocks Decline on Jobless Claims, Greenspan Warning
http://www.bloomberg.com/apps/news?pid=20601084&sid=avwk3z4a7DIQ&refer=stocks - Dollar Is Dirt, Treasuries Are Toast, AAA Is Gone: Mark Gilbert http://www.bloomberg.com/apps/news?pid=20601039&sid=aKOzWiTDseUE&refer=columnist_gilbert
- Geithner Says U.S. Is Committed to Reducing Budget Deficit to 3%
of GDP
http://www.bloomberg.com/apps/news?pid=20601103&sid=a09cT1V2UV6M&refer=us>after
concerns rose that the U.S. debt rating may eventually be threatened with a downgrade. - Brown Suffers `Body Blow’ as S&P Cuts Outlook on U.K.’s AAA Credit Rating
http://www.bloomberg.com/apps/news?pid=20601102&sid=aMBK70UgJ6i0&refer=uk - Stocks Drop for First Time in Six Days After S&P Cuts U.K. Credit Outlook
http://www.bloomberg.com/apps/news?pid=20601085&sid=asw7G4EmJNn4&refer=europe - Mexican Economy Shrinks 8.2 Percent in First Quarter http://www.bloomberg.com/apps/news?pid=20601086&sid=aeE2GMdTHSsQ&refer=latin_america
- Oil’s Open Interest Slump Signals Prices Set to Decline, BNP Paribas Says
http://www.bloomberg.com/apps/news?pid=20601072&sid=aIDC0._FXO5E&refer=energy
