02 August 2015
Petites Annonces Gratuite
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News on Sunday

News on Sunday

Shivanee Vencatachellum, 18, has a passion for writing. Her dream: a problem-free society. Ambitious as she is, writing is an attempt to voice out her concerns.
Friday, 24 July 2015 14:00

Economic Indicators : Doom or boom?

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With six months of 2015 having already elapsed, the economic situation remains in the news, especially after Statistics Mauritius has revised downwards the expected GDP growth for the year, from 4.1% to 3.8%. Will the promised economic boom happen sooner or later than expected?
The Cane Industry is a well-organised agricultural activity that has survived the test of time and it is important that such an industry is protected so that it keeps sustaining our economy and preserves our green environment. This is the firm wish of the director of Omnicane, Jacques d’Unienville.
Friday, 24 July 2015 14:00

Commodities are getting crushed

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The Bloomberg Commodity Index (BCOM), which tracks 22 different commodities, just hit its lowest level since April 2002. Commodities, as a group, are now cheaper than they were during the 2008 financial crisis. Gold hit its lowest price in five and a half years. It’s just one of many commodities struggling right now. The price of coffee is down by 27% so far this year, sugar and lumber prices are both down by 22% this year, and a barrel of crude oil costs half of what it did a year ago.
Cim Group organised, on Friday July 17, a ceremony for the Muscular Dystrophy Association (MDA). On the occasion motorised wheelchairs were offered for children suffering from this condition.
Friday, 24 July 2015 14:00

Is financial repression here to stay?

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There are several definitions of financial repression – and the repressors and the repressed tend to see things differently. But what financial repression usually involves is keeping interest rates below their natural market level, to the benefit of borrowers at the expense of savers.
Friday, 24 July 2015 14:00

Measuring personal inflation rate

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The Consumer Price Index is the most common tool used to measure inflation. This index comprises of numerous items usually selected by an official bureau of statistics of any country, for example Statistics Mauritius. However, given its general price level nature, movements in the CPI can sometimes be out of sync with what consumers feel.
Friday, 24 July 2015 14:00

Why small booms cause big busts

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As bubbles go, it was not a very big one. From 2002 to 2006, the share of the American economy devoted to residential construction rose by 1.2 percentage points of GDP above its previous trend value, before plunging as the United States entered the greatest economic crisis in nearly a century.
Friday, 24 July 2015 14:00

Traditional product : Sorbecassine is back

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People born in the 70s and 80s would surely remember Sorbecassine. It was one of the pioneers in the manufacturing of sorbets. Launched twenty years back, Sorbecassine is back on the road to strengthen its position in the local market. After some setbacks, Christophe Sauzier, with the help of investors, has decided to revive the business.
Holding a degree in Banking and Finance, Viresh Hurrypaul is a determined 23-year-old who left everything because of his passion for photography. Accuracy, experience, practice and perseverance are the core elements to excel in this field.
Friday, 24 July 2015 14:00

Jaya Chekori : Overcoming handicaps

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18-year-old Jaya has something to be proud of. Diagnosed with Spinabifida at birth, the teenager has undergone around ten surgical operations. However, her spirits have not been dampened by her disease and she is now a successful entrepreneur and the director of Jaya Collections.
Everyone knows that life as a young professional can be busy. You are always stuck with work, social and personal commitments. The little spare time is sometimes insufficient for the gym or you just feel like dozing off. However, some of us make it a must to hit the gym.
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