Indonesia to Attend G20 Summit

March 13th, 2009 • No Comments

Indonesian President Susilo Bambang Yudhoyono will attend the G20 summit in London on April 2nd, presidential spokesman Dino patti Djalal confirmed. Though the President faces legislative elections just one week later on April 9th which had until now cast doubts on whether he could attend, the spokesperson told the Jakarta post daily that his attendance is now guaranteed. Continue reading ‘Indonesia to Attend G20 Summit.’

From Wall Street To Sesame Street

March 12th, 2009 • No Comments

Many people fear that the recession will have an impact on future generations, causing turbulence in the lives of children the world over, and it would seem given the latest figures released by Sesame Workshop that such fears are being realized. The media giant, responsible for, amongst other shows, the children’s show Sesame Street, announced 67 layoffs today, or 20 percent of its employees. Continue reading ‘From Wall Street To Sesame Street.’

With A Little Help From My Friends

March 11th, 2009 • No Comments

Association can be a wonderful thing, as is demonstrated by France finally breaking 43 years of ‘independence’ in times to trouble to realign with NATO; the company you keep, however, can also have detrimental repercussions as demonstrated by Africa’s growing financial worries. Continue reading ‘With A Little Help From My Friends.’

Economic Downturn Hits Africa

March 11th, 2009 • 1 Comment

Ahead of hosting the G20 global summit in London on April 2nd, British Prime Minister Gordon Brown is scheduled to meet African leaders next Monday to discuss their concerns over the current financial crisis. According to the International Monetary Fund’s (IMF) Managing Director Dominique Strauss-Kahn in a Dar es Salaam conference Tuesday, the economic outlook for Africa is dire, saying, “It is certainly time for advanced economies to be less arrogant.”. Continue reading ‘Economic Downturn Hits Africa.’