In this week’s Gleason Letter (August 18, 2010) - now also available at
http://www.newstime.co.za/rs_main.asp
The Torque column on:
· The US housing market, which I consider to be the bellwether for the American, and therefore global economy, is showing signs of unparalleled weakness. Allied to this is the fact that South African economic growth will never achieve the 7% figure that President Zuma hopes for as the countr y' s growth continues to be hampered by the new labour elite.
In The State of the Nation on Classic fm on Wednesday night (September 01, 2010):
· I take a cold hard look at the three-week long strike. The action comes at a time when the economy is struggling to recover and the economic cake can only be cut into so many slices. And, if there is a right to strike, isn’t there a right not to strike? Listen to the facts about the economy, the law, and those who have become known as the labour elite.
· Sino-African relations were placed squarely in the spotlight when President Jacob Zuma embarked on a three-day visit to China aimed at strengthening business ties between the two nations. China emerged as Africa’s top trading partner and a leading source of foreign investment in 2009. Questions remain though about the benefits of an increased Chinese presence in the country’s economy.
Tune in to The State of the Nation on Classic fm (102.7) tonight (7-8pm) to hear the discussions
For those outside Gauteng, the programme can be heard on the DStv audio suite, channel 157
The Gleason Letter carries David Gleason’s weekly Torque column. Each Letter is posted every Wednesday morning on the website. Each Letter is held in position until replaced by its successor. After that, columns can be retrieved by accessing the Archive facility.
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Michael Avery
(011) 886-6446