The News Review:

- Senegal to face Cameroon in final
- IAAF president Diack salutes CARIFTA Games
- Inflation low growth worry new W.Africa bank chief
- Asia Times nline :: Central Asian News and current affairs Russia…
- Jusuf Kalla denies sour relations with Yudhoyono
- Misguided policy makes Iffco’s allied businesses more fertile
- French Areva to invest $15m for business expansion in Indonesia

Senegal to face Cameroon in final
Independent nline – Mar 29, 2008
Earlier a distraught Egyptian team were left in tears after being beaten 4-3 by Cameroon in an acrimonious first semifinal. The two winners will meet in Sunday’s final to see who is the African Champions for 2008 but what means more to the two victors is their place in the World Cup in Marseilles in July. Sunday’s final should be a superb show of cut-and-thrust football by two teams who play a similar brand of beach soccer. Both sides are not shy to physically dominate their opponents and both have proved to have a structure that can withstand just about anything that is thrown at them.

IAAF president Diack salutes CARIFTA Games
Jamaica bserver – Mar 29, 2008
“This is one of the goals by the IAAF to get every region to have a meet like the CARIFTA Games” Diack said. “Having this kind of competition every year it only serves as motivation for them (young athletes) to continue” added Diack who was elected IAAF president in November 1999. riginally from Senegal in West Africa Diack is a former long jumper and football coach. Diack said the Caribbean is a leading region with the level of this impressive junior meet. “I think you (the CARIFTA Games) are a far way in front of the others so I am very impressed everytime I come to the CARIFTA Games” said Diack who has also been the president of the National lympic and Sport Committee of Senegal since 1974. Diack’s first CARIFTA Games experience was in 2002 in the Bahamas just a few months before he saw Jamaica host the IAAF World Junior Championship. The CARIFTA Games meet has been an early platform for many of the Caribbean’s world stars including recent lympic gold medallists and IAAF World champions Veronica Campbell and Tonique Williams of the Bahamas.

Inflation low growth worry new W.Africa bank chief
Reuters AlertNet – Mar 29, 2008
Africa bank chief –> By Alistair Thomson DAKAR March 29 (Reuters) – New Governor Philippe-Henri Dacoury-Tabley took the helm of West Africa’s eight-nation central bank on Saturday with a warning that high inflation and low growth threaten the region’s economies. Dacoury-Tabley who was due to be sworn in as governor of the Central Bank of West African States (BCEA) at a ceremony later on Saturday said in a statement that a board meeting on Friday had expressed concern over fuel and food inflation. was particularly worried by the acceleration in consumer price inflation within the Union notably petroleum products imported foodstuffs and local cereals" he said.

Asia Times nline :: Central Asian News and current affairs Russia…
Asia Times nline – Mar 29, 2008
And those who follow this path should not call for a show of solidarity whether Islamic or Euro-Atlantic. They ought to think of their responsibility in the first place. Soon after his interview in Moscow Lavrov set out on yet another extended tour of the Middle East but starting with the eleventh summit of the IC at Dakar Senegal on March 13 which was he attending as an “observer” for the second time in a row. Among the many laurels that Russian President Vladimir Putin gathers as his eight-year tumultuous stewardship in the Kremlin draws to a close it is often overlooked that history will most certainly judge him as a great bridge-builder between Russia and the Muslim world. Putin’s achievement is extraordinary since Russia had a complex difficult and hugely controversial relationship with the Islamic world for the better part of the last century. To be sure Putin’s effective handling of the Chechnya problem helped remove a potentially debilitating embarrassment with regard to the Muslim world. But that shouldn’t detract from the singular success of his policy in ensuring that no adversary can today hope to get away with manipulating the Muslim world against Moscow in “civilizational” terms in the fashion in which the West managed to do through the Soviet era.

Jusuf Kalla denies sour relations with Yudhoyono
Jakarta Post – Mar 29, 2008
? At a plenary meeting last week the House of Representatives rejected the President?s two nominees Bank Mandiri president director Agus Martowardojo and PT Perusahaan Pengelola Aset vice president Raden Pardede to replace Bank Indonesia Governor Burhanuddin Abdullah whose term ends May 17.    The two names were submitted by the government but analysts said the two Agus in particular were Yudhoyono?s choices. The House rejected the nominations while the President was on a 10-day state visit to Iran Senegal and South Africa. During the House plenary meeting only three factions ? Yudhoyono?s Democratic Party the National Mandate Party (PAN) and the Prosperous Peace Party (PDS) ? agreed to accept both Agus and Raden. The Golkar Party which Kalla chairs and which initially supported Agus backed off and rejected both candidates. Golkar controls the most seats in the 550-seat House. Rumors of strained ties surfaced when Kalla was not present to greet the President at Halim Perdanakusuma air base on March 20 when he returned from his state visit.
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Misguided policy makes Iffco’s allied businesses more fertile
Economic Times – Mar 29, 2008
And of a country that is today staring at a hopelessly foodand fertiliser crisis besides an unbelievably high subsidy tab of Rs 90000crore for the comingyear. Iffco?s domesticbusiness ventures include stakes in Iffco-Tokio General Insurance; thecountry?s top agri commodities exchange NCDEX; Indian Potash which is thecountry?s canalising agency for domestic potash requirements and importsfertilisers and markets potash; National Collateral Management Services (NCMSL)the Iffco-Chhattisgarh Power and the Iffco-Kisan Sanchar which is in thebusiness of rural telephony (with an arrangement with Airtel). At theinternational level Iffco?s investments include those in the $325-millionIndo Egyptian Fertiliser Co the man India Fertiliser Project andSenegal?s ICS. How didthings come to this pass for the sector and the market leader? Contends Iffco MDU S Awasthi ?Little can be done within the existing system. The subsidybill is now giving the country diminishing returns in terms of agriculturalproductivity. We don?t need an all-India fertiliser policy. We should puta system in place that can manage with the least input.
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French Areva to invest $15m for business expansion in Indonesia
Jakarta Post – Mar 29, 2008
The firm plans to involve itself as a supplier of transmission and distribution devices in the 10000MW power project. Areva sales director for Indonesia Yann Reynaud said more investment was needed to help the company maintain its export activities which currently account for 55 percent of the firm’s total sales. Reynaud said it was important for the company to raise production capacity in Indonesia to meet export demand from Australia South Africa and Senegal. In addition to having its own manufacturing units the company also runs with PLN a joint venture firm named Unindo which is 65 percent controlled by Areva and 35 percent by PLN. Reynaud estimated the company’s Indonesia assets in the region of 150 million euros comprising two manufacturing units and three regional sales offices. Areva said it supplied 80 percent of Indonesia’s electricity components.