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The Delamere International Newsletter ©

Edition of 1 February 2008 #180

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This Month's Sponsor
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Delamere Financial Education Center - Our financial training programs, sponsored by the Online Trading Academy, are geared toward individual investors, novice or experienced, who want to learn how to use the same tools and professional trading techniques as the professional traders on Wall Street. The courses and modules offered by our Online Trading Academy, cover both online and distance learning or at one of our training centers, (Los Angeles, New York, London, plus other centers to be opened during the next few months, contact us for opening dates for Johannesburg, Paris, Munich, Tokyo, Beijing, Sydney and Hong Kong) and are designed to introduce you to the basic terminology and concepts you will need to become more successful as an investor or trader in stock, forex or commodities. To excel in this fascinating world of money, you need to continue to study and learn. For more details visit the Delamere Financial Education Center.

 

IN THIS ISSUE

1. Business: Chinese Firms Invest in Africa
2. Business: Governmental Corruption
3. Business: Progress for the African Growth & Opportunities Act
4. Business: Saudi's Investing in South Africa
5. Business: USA Predicted Downturn now a Reality
6. Business: Zimbabwe & Pathway to Eventual Shutdown
7. Education & Health: Aids & HIV in Africa
8. Education & Travel: Exploring 20th Century London
9. Education: White Settlers in Africa
10. Immigration: Free English Lessons for Immigrants & Supported by the Tax Payer?
11. Immigration: Refugees From Africa

 

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1. Business: Chinese Firms Invest in Africa
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The China-Africa Development Fund (CADF), a government-backed institution to help Chinese firms invest in Africa, on Tuesday launched its first investment plan, pumping $90-million into four projects on the continent. To read the full report, go to our NEWS DESK link.

 


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2. Business: Governmental Corruption
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Transparency International publishes a myriad of reports related to governmental corruption and operations. The Global Corruption Barometer report for 2007 was released in December 2007 and it contains a wealth of important, albeit troubling, findings.

The Barometer surveyed almost 64,000 respondents in 60 countries, and in doing so, created a profile of where citizens see the greatest degree of corruption and how they see the future development of corruption in their respective countries. Not surprisingly, their research found that it is the poor who are most often confronted with requests for bribes and that this functions as a regressive tax. Huguette Labelle, the chair of Transparency International noted, "Governments are not alone in their responsibility. We need to see concerted action from civil society and the private sector too." To read this report, which is in PDF format, go to this link. Global Corruption Barometer

 

Editor's Note: This 25 page report has been included at the request of our many readers who have to handle business in the Far East, Middle East and African regions of the world.

 


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3. Business: Progress for the African Growth & Opportunities Act
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African Growth & Opportunities Act (AGOA), passed by the 105th US Congress; offers help and support in the development of sub Sahara Africa. The next Conference is being held in Cape Town on 13-16 April, 2008. The Delamere Group is proud to be supporters of this trade initiative, and we will provide a personal firsthand report on this important conference. Read more about this event. Visit this link.

Editor's Note: The Delamere Group promotes and act as an agency in the initiative passed by the United States Senate related to the "African Growth and Opportunity Act" that creates preferential trade opportunities for qualified African countries. We also operate and promote the online Africa Trade Center.

 


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4. Business: Saudi's Investing in South Africa
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Saudi investment firm Al Rajhi Holdings, which invested more than $200-million in South African resources last year, is scouting the country for further opportunities, it said at the weekend. To read the full report, go to our NEWS DESK link.

 


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5. Business: USA Predicted Downturn now a Reality
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Strong growth in developing countries could cushion the impact of the US downturn and global financial market volatility over the next two to three years, a World Bank Global Economic Prospects (GEP) report predicted. To read the full report, go to our NEWS DESK link.

 

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6. Business: Zimbabwe & Pathway to Eventual Shutdown
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New bank notes, including a Z$10-million bill, will go into circulation in inflation-ravaged Zimbabwe this week, the Reserve Bank's governor said on Wednesday. To read the full report, go to our NEWS DESK link.

 

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7. Education & Health: Aids & HIV in Africa
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Preliminary results of Swaziland's national census released in December found that since 1997, the country's population has decreased by 17 489 people to 912 229, and many experts have attributed demographic changes to the HIV and Aids epidemic, Toronto's Globe and Mail reports. To read the full report, go to our NEWS DESK link.

 

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8. Education & Travel Exploring 20th Century London
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From the expansion of the Underground to the waves of new arrivals from the British colonies, London was greatly transformed through the 20th century.

Recently, several London institutions, including the Museum of London, combed through their respective resources to create this interactive exhibit and archive that would tell visitors a bit about the city's evolution during those 100 years. The materials can be viewed through three sections: "Timeline", "Themes", and "Places". In the "Timeline" section, visitors can browse through featured objects and also learn about major events during the period. Moving on, the "Themes" area organizes the city's recent past into topical areas that focus on art and design, the built environment, ethnic communities, and leisure activities. The "Places" section features a clickable map of London's boroughs which reveals artifacts from each of these respective areas. Visit this site.

From The Scout Report, Copyright Internet Scout 1994-2007

 

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9. Education: White Settlers in Africa
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Many of our readers have requested more information on the current situation in Africa, especially Kenya and adjoining countries, and the underlying reasons why Africans act so differently from Europeans. We do not have the official answer to that question, but we have often referred to an interesting website that our readers might find of some value. The information on this page was researched by Dr. Wallace Mills of Canada, and we vouch for the accuracy of the details. We would also like to request that our many readers submit additional information if they feel that it will be of value to our worldwide subscribers. Visit this web page.

 


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10. Immigration: Free English Lessons for Immigrants & Supported by the Tax Payer?
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Ministers in the UK were forced to halt free English for Speakers of Other Languages (ESOL) classes last year after a sharp upturn in demand placed strain on college intakes. In London mayor Ken Livingstone was forced to allocate £15 million to make up the shortfall as a result. To read the full report, go to our NEWS DESK link.

 

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11. Immigration: Refugees From Africa
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Etienne Barabiraho is Burundian and was born in Burundi in 1966, but fled with what was left of his family in 1972, when ethnic violence broke out, leaving between 90,000 and 250,000 dead. He has lived in refugee camps for the past 35 years. He now lives in Salt Lake City, Utah, USA. To read his story, go to our NEWS DESK link.

 

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This month's quote
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"Nothing will ever be attempted, if all possible objections must first be overcome." ~ Samuel Johnson (1709-1784) English Author

 

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