* Rand firms on hopes of ECB action * Local currency looking to break 8.11/usd level * Bonds weaken on profit taking JOHANNESBURG, Aug 7 (Reuters) - South Africa's rand firmed against the dollar on Tuesday, following an uptick in the euro for the third straight session on convictions that the European Central Bank will act to tackle the euro zone debt crisis. … [Read more...] about S.Africa’s rand firms, tracks euro
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U.S. hands more control to S.Africa in its AIDS fight
* Mbeki government ridiculed for AIDS policy * Zuma government making progress in curbing infections By Peroshni Govender PRETORIA, Aug 7 (Reuters) - The United States and South Africa are to sign an agreement on funding for an anti-AIDS campaign that is symbolic of Pretoria's shift from being a pariah to a global player in fighting the disease. U.S. … [Read more...] about U.S. hands more control to S.Africa in its AIDS fight
Euro Coal-Prices rally to $95/T, highest since April
* S.African prices rise by $4/T to $92 * Colombia force majeures bolster prices -utilities * Polish, Venezuelan, Indonesian coal offered into Europe By Jacqueline Cowhig LONDON, Aug 7 (Reuters) - Physical European prompt coal prices rallied by $1.00 a tonne on Tuesday to $95, the highest level since April 19, boosted by Colombian force majeures, utilities … [Read more...] about Euro Coal-Prices rally to $95/T, highest since April
Olympics-Sponsors riding high on London’s feel-good factor
By Keith Weir LONDON Aug 7 (Reuters) - Major sponsors are delighted with how London has staged the Games while the enthusiasm generated by the success of the British team is also a plus, International Olympic Committee (IOC) marketing chief Gerhard Heiberg said on Tuesday. Britain had a strong record of organising big sporting events and the IOC had always been … [Read more...] about Olympics-Sponsors riding high on London’s feel-good factor
UPDATE 2-Clinton warns against sectarian turmoil in Syria
* Top U.S. diplomat rejects "proxies, terrorists" coming in * Now is time to plan for "day after" Assad - Clinton * Clinton seeks to bring S.Africa on board with Syria plan By Andrew Quinn PRETORIA, Aug 7 (Reuters) - Syria must not be allowed to descend into a sectarian war, U.S. Secretary of State Hillary Clinton said on Tuesday, and she warned against … [Read more...] about UPDATE 2-Clinton warns against sectarian turmoil in Syria