Author Archive

IMF Outlook for Sub-Saharan Africa: “Maintaining Growth in an Uncertain World”

The International Monetary Fund (IMF) today released the October 2012 Regional Economic Outlook: Sub-Saharan Africa. Ms. Antoinette Monsio Sayeh, Director of the IMF’s African Department, commented on the report’s main findings: “Economic conditions in sub-Saharan Africa have remained generally robust against the backdrop of a sluggish global economy. Most low-income countries continued to grow soundly in

What will happen to Bengal?

“Dada, amader Bengal er ki hobe”? (What will happen to Bengal) ask haggard businessmen, (read Marwari businessmen) with anxiety writ large on their faces, wherever I go these days. And the reasons are not far to seek. The treasury is empty with the state hovering dangerously near bankruptcy.  The Government has walked out of the

Forthcoming Conferences

35th Annual Coal Marketing Days The Seminal Coal Buyers/Sellers Event Date: September 20–21, 2012 Venue: Omni William Penn Hotel, Pittsburgh, Pennsylvania coal@platts.com 2nd Annual SBB Steel Raw Materials Europe 2012 Date: September 27-28, 2012 Venue: Hilton Amsterdam • Amsterdam, Netherlands support@platts.com     32nd Coaltrans World Coal Conference Date: 14 – 16 October 2012 Venue:

SIPRI expert comment on Turkey’s interception of a Syrian passenger aircraft

(Stockholm) 11 October, 2012 SIPRI EXPERT COMMENT Turkey’s interception of a Syrian passenger aircraft Edin Omanovic The interception on 10 October 2012 of a Syrian passenger aircraft travelling from Moscow to Damascus was the latest in a long line of actions taken by Turkey to stem the flow of arms across its territory. Given the current international

Northcliff Resources Ltd. (TSX: NCF) Provides Update on Sisson Project Feasibility Study and Environmental Assessment

October 11, 2012 Vancouver, BC – Northcliff Resources Ltd. (“Northcliff” or the “Company”) (TSX: NCF) announces an update on current studies underway on its 100% owned Sisson Tungsten-Molybdenum Project located in New Brunswick, Canada.  Feasibility Study The Sisson Project Feasibility Study, which is being prepared by Samuel Engineering, Inc. of Denver, Colorado, is nearing completion.

Gemewizard announces launch of GemePrice 3.0, a one-stop pricing station for diamonds and colored diamonds, gemstones and jewelry

RAMAT GAN, ISRAEL: OCTOBER 11, 2012 – With the launch of GemePrice3.0™, the most comprehensive online pricing system for the diamond, gemstone and jewelry sectors, Gemewizard® and IDEX Online have announced the signing of a strategic agreement that will enable Gemewizard to use IDEX Online’s diamond pricing data. Tailor-made for industry professionals, this one stop

Basson: Worldsteel re-evaluates stance on steel derivatives

The World Steel Association is evaluating whether to change its official stance on the role of derivatives-based trading tools for the steel industry. In an interview with Platts Steel Business Briefing on the sidelines of the organization’s annual meeting in New Delhi, director general Edwin Basson said several years ago “the industry came out and

Persistent Systems Ranked Highly in Cloud and Enterprise Mobility Segments in Zinnov’s GSPR 2012

Recognized in the ‘Execution Zone’ for its Deep Expertise  Pune, INDIA and Santa Clara, CA – October 11, 2012: Persistent Systems (BSE & NSE: PERSISTENT), the global leader in software product and technology services, today announced that the Company has been ranked highly in the newly released segments of Cloud and Enterprise Mobility of Zinnov’s

Stillwater Mining Company Announces Offering of Convertible Senior Notes

BILLINGS, MT–(Marketwire – October 11, 2012) – STILLWATER MINING COMPANY (NYSE: SWC) (TSX: SWC.U) (the “Company”) announced today that it intends to offer $300 million aggregate principal amount of convertible senior notes due 2032 (the “notes”), subject to market and other conditions. The Company expects to grant the underwriters of the notes a 30-day over-allotment

JNNURM Triggers Investments in Urban Infrastructure Sector

The Jawaharlal Nehru National Urban Renewal Mission (JNNURM) has attempted to trigger investment in the urban infrastructure sector and undertake reforms to sustain these investments. As on June 30, 2012, Five Hundred Fifty Four projects at a total cost of Rs 62,253 crore have been sanctioned under the urban infrastructure section & Governance sub-mission of