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The BRICS account for 21% of world GDP (IMF), 17% of world trade, and over 40% of the world’s population. This year, BRICS is expected to grow at almost 5%, well above the world average (at 3.6%).
While the undoubted victor (according to fellow tweeters at least) in the battle of the Budget 2013 was the deputy speaker Lindsay Hoyle – who cautioned the Commons that ‘panto auditions [must] take place outside the chamber’ - a word ought to go to the content of the Chancellor’s red briefcase.
Gong recently hosted a breakfast meeting chaired by The Economist’s Business Editor, Robert Guest.
It's Saturday. Having listened all week to local radio stations talk about peace (in 2007 the press were taking sides, so having the media on board is very important this time round), and with all the peace rallies that have been held, (there's another one happening today I think), and peace concerts, and deliberately-public shows of the two main candidates, Uhuru Kenyatta and Raila Odinga, shaking hands, and President Kibaki appealing for 'the losers to accept defeat and winner to embrace rivals', the general feeling here in Nairobi is that everyone is doing all they can for Monday to be a peaceful day.
An energy revolution is taking place in East Africa as huge resources of geothermal steam beneath the Great Rift Valley starts to be exploited
“Without sufficient Energy, it is impossible to change an Economy” – Jeremy Rifkin