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Sout Africa may face power cuts without loan (Reuters)
Reuters - South Africa may need to enforce power cuts or raise electricity prices further if a disputed $3.75 billion loan from the World Bank is not approved, a senior government official said on Thursday.
Debt Burden Cripples Poorer Nations
International lending, within its current framework, leaves developing nations in a hole that only gets bigger as they try to pay off their debt.
43 Somalis die in capital after 2 days of warfare
Heavy fighting between Somali insurgents and pro-government troops has killed at least 43 people over two days, as African Union peacekeepers used tanks to help the beleaguered government beat back an insurgent attack, officials said Thursday.
