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Ghana passes oil bill, first payments due soon

Ghana will receive its first payment for oil flows later this month, the country's finance minister said on Wednesday after parliament passed a long-delayed oil revenue management bill in a unanimous vote.

StanChart profit hits record as Asia booms

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Profit at Standard Chartered <2888.HK> jumped 19 percent in 2010 and the Asia-focused bank said it was off to a record start this year as China, India and other Asian markets boomed.
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U.S. Navy Enterprise Carrier Strike Group

As U.S. Ships Approach Libya, Critic Blasts Possible Military Action

As the United States moves military ships toward the Mediterranean Sea and officials discuss the possibility of imposing a no-fly zone over Libya, Venezuelan President Hugo Chavez said it was irresponsible to consider all options to resolve the situation there, including an invasion.
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S.Africa tourism rises 15.1 pct in 2010 on World Cup

Boosted by the soccer World Cup, South Africa saw a record 15.1 percent increase in tourist arrivals in 2010 although the total of more than 8 million was not an all time-high, the tourism minister said on Tuesday.
Gaddafi

Us warns of Libya civil war if Gaddafi stays

Libya could descend into civil war if Muammar Gaddafi refuses to quit, the United States said on Tuesday, its demand for an end to his rule carrying new weight after word of unspecified Western military preparations.
Zimbabwean

Zimbabwe tense over anti-Mugabe protests call

Internet campaigns calling for protests against the 31-year rule of President Robert Mugabe on Tuesday did not lead to any mass gatherings in Zimbabwe, where police have threatened to crush any Egypt-style protests.
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EU court says insurers cannot link risks to gender

Insurance companies cannot take gender into account when setting premiums and paying out benefits from annuities and retirement savings or accident cover, the European Union's top court ruled Tuesday.
EU raises euro area GDP growth forecast for 2011

EU raises euro area GDP growth forecast for 2011

Eurozone gross domestic product (GDP) will rise 1.6 percent this year, slightly above the previously forecast growth rate of 1.5 percent, the European Commission said in a report on Tuesday.

China's US Treasuries holdings revised to $1.16 trln

The U.S. government owes nearly a third more money to China than previously thought, the Treasury Department said on Monday as it revised Beijing's December holdings of U.S. Treasury debt sharply higher to $1.160 trillion.
A man holds a picture of Libya's leader Muammar Gaddafi from the window of a bank in Sabratha

“My people love me”: Gaddafi

In an interview with BBC, Gaddafi claims he is loved by all of his people and denied that any anti-government protests have occurred in the capitol, Tripoli, which remains a Gaddafi stronghold.
Anti-government rebels dry ammunition in a base for training and recruiting rebels for the army in Benghazi February 28, 2011.

U.S. in contact with anti-government Libyans

Secretary of State Hillary Clinton said on Sunday that that the United States is reaching out different Libyans as the Obama administration calls for Libyan leader Muammar Gaddafi to leave the country.

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