World News

UN calls for urgent action to tackle rising youth unemployment

The United Nations labour agency is calling for urgent action to tackle the crisis of youth unemployment, which has increased significantly in the wake of the global economic slowdown and has repercussions for the economy as well as social cohesion....

China Says Its Economic Growth Is Slowing

China's rapid growth is slowing as the impact of its massive stimulus eases and Beijing clamps down on a credit boom.

Spain's Boom To Bust Illustrates Euro Dilemma

Until recently, Spain was the prosperous "Iberian Tiger," the biggest creator of jobs among Europe's 16-nation single currency zone.

Africa is the real victor of this year’s soccer World Cup – UN

The United Nations today hailed the 2010 World Cup as a great success for the Government and people of the host nation South Africa, as well as the entire African continent, adding that the event also served as a vital tool to promote development and...