Meltdown fallout: India to see unemployment zoom

The worst fear has been confirmed. India has been debating about the imapct of US meltdown its economy and projected growth rate.Signals of the slowdown in the US economy is most visible in the real estate sector where prices have corrected by 15-20%. Other sectors of the...

Nearly two million subscribers online in NZ

The latest figures from Statistics New Zealand show 1.5 million subscribers are now hooked up to the internet and most have broadband. " Broadband subscriptions have increased 10.7 per cent in the six months to March 2008, to reach 891,000. Subscribers with analog...

State facing famine after rat plague

"India - A million people in northeastern India face famine after rats destroyed most of the rice crop in their state, the International Rice Research Institute has said.The 2007 infestation spread over to the border areas of Bangladesh and Myanmar in early 2008, "increasing...

New Zealand tourism hits record level

New Zealand goes green.   " New Zealand's pristine environment helped boost tourism revenue by nearly 5 percent to a record of more than $15 billion last year, the government said. The tourism sector was responsible for some 9.2 percent of the nation's gross...