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MessagePosté le: Mar 10 Juil - 03:14 (2018)    Sujet du message: Some lenders of payday loan Répondre en citant

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CAPE TOWN, July 11 (Xinhua) -- The manufacturing sector in SouthAfrica has plunged into a crisis, going down 0.8 percent year onyear to May 2017, Statistics South Africa (Stats SA) said onTuesday.

The sector was also down 0.3 percent from April 2017 to May2017 Braden Holtby Capitals Jersey , according to figures released by Stats SA.

Petroleum, chemical products, rubber and plastic products weredown 8.4 percent, contributing -2.1 percentage points.

Seasonally adjusted manufacturing production decreased by 0.3percent in May 2017 compared with April 2017. This followedmonth-on-month changes of 2.3 percent in April 2017 and -0.6percent in March 2017.

The figures prompted the opposition to call on Parliament tohold hearings into a manufacturing crisis which is expected toworsen the economic recession in South Africa.

"By these figures, we now know manufacturing is in a recessionwith no clear way out from the government Andre Burakovsky Capitals Jersey ," the Democratic Alliance(DA) said.

That is why Parliament should step in and take control byholding hearings to get to the bottom of what is really going on inthe sector and how the situation can be turned around, the partysaid.

The DA has requested that parliamentary hearings are prioritizedabove all other business.

"What South Africa really needs in this volatile atmosphere is agovernment committed to strengthening the manufacturing sector asit will create the jobs required for economic growth," said DeanMacpherson, DA Shadow Minister of Trade and Industry.

The decrease in manufacturing production is expected to worsenthe economic recession in the country.

For the first time since 2009, South Africa has entered into atechnical recession as its gross domestic product (GDP) growth ratewas 0.7 percent in the first quarter of 2017. The contractionfollowed the GDP decline of 0.3 percent in the fourth quarter of2016.

In 2016 Philipp Grubauer Capitals Jersey , the economy grew only 0.3 percent for the year.Enditem

HAMBURG, July 10 (Xinhua) -- The summit of the Group of 20 (G20) in Hamburg has concluded with better-than-expected outcomes. Although the negotiations were not always smooth, the result was basically "satisfying" with consensus reached on a variety of issues.

For instance, the G20 members unanimously voiced support for globalization, opposed trade protectionism Christian Djoos Capitals Jersey , committed themselves to open markets and decided to establish a stable international trade system to promote transnational investment.

However, differences were highlighted as much as the consensus that was achieved at the summit.

"You can notice that controversies within the G20 are substantial about trade and climate change, even about multilateralism itself," said Dr. Dirk Messner, director of the German Development Institute and co-chairman of Think 20 Devante Smith-Pelly Capitals Jersey , a think tank for the G20.

German Chancellor Angela Merkel conceded at a press conference following the end of the summit that negotiation.


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