Category: Other
US economist Edmund S. Phelps wins Nobel Economics Prize
STOCKHOLM, Oct 9, 2006 (AFP) – US economist Edmund S.Phelps won the 2006 Nobel Economics Prize on Monday for work on trade-offs in macroeconomic policy, the Nobel jury said, noting that his work had improved understanding of how policy affected welfare for present and future generations. List of Nobel Economics Prize laureates 2006: Edmund S. […]
Scientists pore over data from NKorea blast
PARIS, Oct 9, 2006 (AFP) – Scientists took a dour wait-and-see attitude after North Korea claimed to have successfully conducted a nuclear test on Monday.Only careful analysis of data returned by seismic or atmospheric sensors will say whether the blast was a success or a damp squib, they said. Nor could they rule out the […]
Headache-immune woodpeckers, picky dung beetles win IgNobels
CAMBRIDGE, Massachusetts, Oct 6, 2006 (AFP) – Scientists who answered questions such as why woodpeckers don’t get headaches, whether dung beetles like their diet and if rectal massage can cure hiccups have at last been recognised for their work.The IgNobel Prizes, a tongue-in-cheek alternative to their more formal Scandinavian counterparts, were presented by genuine Nobel […]
Credit card ousts the giving basket at US churches
WASHINGTON, Oct 6, 2006 (AFP) – The days of donating at church by dropping money into a basket may become a thing of the past if Marty Baker has his way.Baker, a pastor in the southern state of Georgia, has come up with a divine idea to raise money for the Lord — automated teller […]
‘s Tata Tea buys 33 pct stake in South African tea firm
NEW DELHI, Oct 5, 2006 (AFP) – Tata Tea, the world’s second-biggest branded teamaker, said Thursday it has bought a 33 percent stake in leading South African tea firm, Joekels Tea Packers, as part of its global expansion drive.Tata Tea, part of India’s hotels-to-steel Tata conglomerate, has signed an agreement with Joekels Tea Packers, South […]
Zimbabwe crisis signals boom time for Zambian tourism
VICTORIA FALLS, Zambia, Oct 5, 2006 (AFP) – For years it was regarded as a backwater and the poor relation to its southern neighbour, but the spiralling crisis in Zimbabwe has led to a massive upsurge in Zambia’s tourism industry.A total of 650,000 foreign visitors travelled to Zambia last year, a rise of nearly half […]
‘s value added tea exports dip, despite record highs in Aug
Oct 05 2006 (LBO) – Sri Lanka has shipped less value added teas for the eight months to August, as a key buyer Libya is yet to place any big orders, a commodity broker said Thursday.The island main export crop earned 56.48 billion rupees by shipping 218.13 million kilos from Jan-Aug, a growth of 12 percent […]
‘s best friend
PARIS, Oct 4, 2006 (AFP) – A 603-carat stone found in Lesotho is the 15th biggest diamond ever found, the Gem Diamond Mining company and the government of the southern African state said on Wednesday.Some facts about famous diamonds: Carats measure the weight of a gemstone; the unit is defined as a fifth of a […]
London taxi cabs set for Chinese production
LONDON, Oct 4, 2006 (AFP) – The world-famous black London taxi cab will soon be seen on the streets of China after its maker announced a multi-million-pound deal Wednesday to build 20,000 vehicles per year in Shanghai.Specialist carmaker Manganese Bronze said it had agreed a 53-million-pound (78.6-million-euro, 99.7-million-dollar) joint-venture deal with Chinese automaker Zhejiang Geely […]
Iran seeks to fingerprint all US visitors
TEHRAN, Oct 3, 2006 (AFP) – Iran’s conservative-controlled parliament is to debate a bill that would make digital fingerprinting compulsory for all US citizens seeking to enter the country, lawmakers said on Tuesday. According to the bill, which is expected to be voted on in the next days, “all US citizens should be controlled and […]
‘s top media groups to launch new daily together
NEW DELHI, Oct 3, 2006 (AFP) – Two of India’s top rival media houses Tuesday signed an agreement to launch a new daily newspaper in the Indian capital amid a boom spurred by the economy’s rapid growth.The Times of India Group and Hindustan Times Media Limited said the new English newspaper to be sold in […]
‘s Tata Tea may uproot itself from Sri Lanka
October 3, 2006 (LBO) – Indian tea giant Tata Tea is in talks with a Sri Lankan firm to sell off its plantation venture here, officials said.Tata has invested in Sri Lanka through a controlling stake in Sunshine Holdings Ltd, which in turn owns 51 percent in Estate Management Services (Pvt) Ltd, who controls 58.75 percent […]
