Select Page

Four new currencies – Shortage of maize

The Reserve Bank of Zimbabwe (RBZ?the central bank) on Jan. 29 announced the introduction of four new foreign currencies as legal tender. Following an increase in trade with eastern markets, the Chinese yuan, Japanese yen, Indian rupee, and Australian dollar would...

National dialogue outcome – Other security developments

The national dialogue conference (NDC) aimed at healing divisions arising from the overthrow of the presidency of Ali Abdullah Saleh early in 2012, which had presented a preliminary report in December 2013 [see pp. 53096; 53042; 52988; 52929], reached final...

Annual meeting

The 44th annual meeting of the World Economic Forum (WEF) in Davos (Switzerland) was held on Jan. 22-25 [for 43rd meeting see pp. 52466-67], the 2,500 participants including leaders of business, government, international organisations, academia, and civil society from...

Publication of Global Economics Prospects report

The World Bank on Jan. 14 released its latest global growth forecast in its Global Economics Prospects report. The report stated that global growth would increase to 3.2 per cent in 2014, up from 2.4 per cent in 2013, and would stabilise at 3.2 per cent over the next...

Charging of former SS officer over Oradour-sur-Glane massacre

On Jan. 8 prosecutors in the German city of Cologne charged an 88-year-old former member of Adolf Hitler?s elite Waffen SS with taking part in the massacre of 642 inhabitants of the village of Oradour-sur-Glane in central France in June 1944 [see p. 8004 (France); for...

Maritime dispute with China – Convictions in bank trial

It was reported on Jan. 10 that the People?s Republic of China (PRC) had adopted new regulations to apply to the areas of the South China Sea that it claimed as its territorial waters, amounting to almost the whole of the sea. The new rules required foreign fishing...

Vatican Bank commission – Child abuse scandal

In a further move towards greater financial transparency and accountability, Pope Francis on Jan. 15 named a new oversight commission of four cardinals for the Vatican Bank (Istituto per le Opere di Religione?IOR), replacing all but one of the appointees made by his...

Government changes

President Jos? Mujica made two government changes on Dec. 21, 2013, the Latin America Weekly Report newsletter noted on Jan. 9. Economy and Finance Minister Fernando Lorenzo resigned from his post, amidst rising pressure over the launch of an investigation by the...