Dilemma X

2nd Summit of the Community of Latin American and Caribbean States (CELAC) Xinhua HAVANA- Cuban leader Raul Castro on Tuesday, January 28th opened the 2nd Summit of the Community of Latin American and Caribbean States (CELAC), welcoming regional heads of state to the two-day event in Havana. Castro, whose country holds the temporary presidency of […]

Ghana Jubilee Field to probably flare gas starting next month By Ekow Dontoh Bloomberg Ghana will probably start flaring natural gas at the offshore Jubilee field next month to relieve pressure at the deposit operated by Tullow Oil Plc. (TLW) The Environmental Protection Agency will allow the flaring because the pressure has swelled and will […]

President Obama to invite 47 leaders to US-Africa summit in August AFP President Barack Obama will invite 47 leaders to a landmark US-Africa summit in August 2014, seeking to widen US trade, development and security ties with an increasingly dynamic continent to which he traces part of his ancestry. Obama will send out invites to […]

Oil investments in Ghana to hit $20 billion (US) in 5 years Xinhua ACCRA- Ghana’s investments in the petroleum sector are estimated to reach 20 billion U.S. dollars over the next five years. Alex Kofi Mould, Chief Executive Officer (CEO) of the Ghana National Petroleum Corporation (GNPC), disclosed this here on Tuesday, saying the investments […]

40,000 to guard Sochi Olympic games By Jason Corcoran Bloomberg Russian President Vladimir Putin said 40,000 police and special services officers have been deployed to ensure security at the 2014 Winter Olympics as Islamic militants renewed threats to strike the games in Sochi. Russia is “using many forces and means” in the Black Sea resort […]

Beijing to control population growth Xinhua BEIJING — Beijing will curb explosive population growth by tackling complicated urban problems, Mayor of the city Wang Anshun has said. “Becoming a modern international metropolis, Beijing is challenged by an urban disease which consists of a complex mixture of problems,” said Wang at the ongoing annual session of […]

Uganda inches towards oil sales East African Business Week KAMPALA, Uganda – With China National Offshore Oil Corporation (CNOOC), the only holder of an oil production license for the Kingfisher Discovery Area, expectations are that 2014 will likely be the year for the government to issue more production licenses to other firms. Last week, all […]

10,000 African migrants stage demonstration in Israel Knesset speaker nixes meeting between protest leaders and MKs; Peres: We’ll act morally; round them up and deport them, says ex-interior minister By Spencer Ho Times of Israel Protests by African migrants in Israel, unprecedented in their scope, continued for a fourth straight day Wednesday as about 10,000 […]

For the first time since 1959, Cubans can now buy new and used cars BBC News Cubans are now able to buy modern cars freely for the first time since the revolution in 1959. Previously, Cubans had to get a government permit to buy new vehicles. That requirement has now been abolished but only a […]

China to set up fully private banks in 2014 Xinhua BEIJING– China will set up three to five fully private banks on a trial basis this year in a bid to further open up the banking sector to domestic and foreign capital, China’s banking regulator said Monday. Private capital will be introduced to restructure current […]