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451 Sentences With "industrialised"

How to use industrialised in a sentence? Find typical usage patterns (collocations)/phrases/context for "industrialised" and check conjugation/comparative form for "industrialised". Mastering all the usages of "industrialised" from sentence examples published by news publications.

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Volgograd has an industrialised economy with a concentrated tax base.
Africa's most industrialised economy became one of its most sluggish.
We are among the highest industrialised country in the world.
"Europe industrialised on the back of coal," says a civil servant.
Positively, Volgograd has an industrialised economy with a strong tax base.
Africa's most industrialised country will hold local government elections on Aug.
Whether Dr Soljacic's process can be industrialised remains to be seen.
It is also found in industrialised countries among some immigrant populations.
It industrialised faster than the other big countries in the region, too.
The demands strain the heaviest public debt burden in the industrialised world.
The spending demands strain the heaviest public debt burden in the industrialised world.
The allegations have reinforced concerns over governance and stability in Africa's most industrialised country.
Some industrialised countries have adopted public policies that encourage employers to retain their workers.
Moreover, the trends that mark Germany out from its industrialised peers are not immutable.
In the late 19th century workers in industrialised economies knew labour and little else.
Reforming Eskom is vital to get Africa's most industrialised economy firing on all cylinders.
Any plan to free an industrialised economy from fossil-fuel dependence will create losers.
The Group of Seven (G7) are all rich, industrialised nations with broadly similar democratic politics.
Yaroslavl has a diversified industrialised economy with wealth metrics in line with the national median.
In a market the size of America's prices should be lower than in other industrialised economies.
Its industrialised economy with a focus on the steel sector will gain from Russia's economic recovery.
The announcement was made at a conference to drum up investment in Africa's most industrialised economy.
Shinzo Abe, Japan's prime minister, hailed "the birth of the world's largest, free, industrialised economic zone".
Moody's did not announce a new date for releasing its rating on Africa's most industrialised economy.
Power cuts by Eskom last year pushed Africa's most industrialised economy to the brink of recession.
In some industrialised nations, increasingly, residents are charged based on volume (known as "pay-as-you-throw").
Market participants awaited local retail sales data for clues on the health of Africa's most industrialised economy.
Innovations such as these have enormous potential, if they can be industrialised and win over wary consumers.
It is a similar story in a host of other once-proud parts of the industrialised world.
Eventually, though, as filmmaking became industrialised under the male-run studio system, women directors all but disappeared.
When will America catch up with the rest of the industrialised world and introduce national paid leave?
If Italy signs, it would be the first Group of Seven major industrialised nation to do so.
If Italy signs it would be the first Group of Seven major industrialised nation to do so.
It's a bit like the terracotta you used to see before the manufacturing process became so industrialised.
Africa's most industrialised economy has six refineries, four using crude oil and two synthetic fuel as feedstock.
The Confederation of British Industry says investment in other industrialised economies has risen 10% in this period.
The supply pact is aimed at reducing oil stocks in industrialised countries to their five-year average.
South Korea, Taiwan and Singapore industrialised by buying and stealing Western ideas on everything from ships to chips.
He does not simply argue that Europe industrialised first because of a particular European cultural way of being.
The most industrialised nation and the leading nation of the free world should [have] more respect regarding ecology.
Lagging industrialised countries grew much faster than the richest ones in the decades after the second world war.
Tillerson posed the question at a meeting of foreign ministers from the Group of Seven (G7) industrialised nations.
The South African Reserve Bank predicts growth of only 0.9 percent in 2016 for Africa's most industrialised economy.
Mitton imagined, for example, what Mumbai would be like if it had been industrialised within the city walls.
Growth in Africa's most industrialised economy hinges heavily on saving power firm Eskom, which is drowning in debt.
He said it was unsustainable for Africa's most industrialised economy to be spending far more than it earns.
OPEC has a self-imposed goal of bringing oil inventories in industrialised countries down to their five-year average.
Africa's most industrialised economy shrunk by an annualised 3.2% in the first quarter, its largest decline in a decade.
Job cuts are politically sensitive in Africa's most industrialised economy, where the unemployment rate is more than 27 percent.
The list included only one leader from the Group of Seven (G7) industrialised nations, Italian Prime Minister Paolo Gentiloni.
The car and car parts industry is the backbone of the highly industrialised and export-dependent central European economy.
"Above all, scepticism about economic growth is increasing in many industrialised nations," said DIHK foreign trade chief Volker Treier.
It also does little to instil investor confidence in Africa's most industrialised economy, which has for years struggled to grow.
Africa's most industrialised economy is struggling with ballooning debt that risks pushing its sovereign credit ratings deeper into "junk" territory.
Germany's BDI industrial federation warned that splitting the highly industrialised region from Spain would be very damaging for both sides.
Nizhniy Novgorod has a diversified economy with a fairly well-developed industrialised sector, supporting wealth metrics near the national median.
While studying the literature on the matter, Dr Rosinger noticed that all relevant research had taken place in industrialised countries.
Japan and South Korea are unusual among fully industrialised countries, with relatively widespread use of kerosene as a heating fuel.
Africa's most industrialised country risks downgrades on its local currency debt rating from Moody's and S&P Global on Friday.
Rod McKenzie at the UK's Road Haulage Association, a trade body, said even in industrialised economies cost pressures were acute.
But an aggravating factor is one created far away, in industrialised countries: climate change, and the drought it has exacerbated.
The seven leaders of the world's advanced industrialised countries are due to meet in the French resort of Biarritz this weekend.
But in addition to all these long-standing ills is an aggravating factor created far away, in industrialised countries: climate change.
The continent's most industrialised economy contracted 1.2 percent in the first quarter as the mining, manufacturing and agricultural sectors retreated sharply.
Transformed into an industrialised, commoditised and centralised agricultural operation, the farm has now reverted to ways that his grandfather might recognise.
But analysts said political risk remained elevated, as investors worried over political interference in the running of Africa's most industrialised economy.
Years of alleged corruption and mismanagement have knocked confidence in the continent's most industrialised economy, which is still struggling for growth.
Questions over the central bank's mandate and its independence have weighed on assets of Africa's most industrialised nation in recent weeks.
State-owned Eskom, mired in financial crisis and struggling to meet demand, is the top polluter in Africa's most industrialised economy.
Ramaphosa added at a news conference that the data showed Africa's most industrialised economy needed to sharpen its focus on reforms.
Africa's most industrialised economy faces weak growth due to a power crunch and slowing global demand for its gold, coal and platinum.
In the 20th century it became clear that maintaining a strategic edge required a strong, industrialised economy and a highly skilled workforce.
Africa's most industrialised economy bounced back from recession, data showed earlier this week, but the latest manufacturing data painted a bleak picture.
Africa's most industrialised country has the biggest and most lucrative platinum reserves but labour unrest and regulatory uncertainty have dampened investor appeal.
Dwindling growth in incomes is not a bad description of what has happened in much of the industrialised world in recent decades.
South Africa is the most industrialised economy in Africa, the continent's business hub and its most influential actor on the global stage.
Trump on Saturday accepted Merkel's invitation to attend the a meeting of the Group of 20 industrialised nations in Hamburg in July.
The design and manufacture of unicorns has become industrialised, and many of the ingredients needed are available on tap as online services.
Merkel raised similar issues during a visit to Africa last month, and during a meeting of the G20 industrialised countries in China.
Psychologists are concerned with whether findings generalise beyond student samples, or beyond so-called "WEIRD" (Western, Educated, Industrialised, Rich and Democratic) samples.
To its contemporary admirers, history's last cavalry charges through the dunes offered heroic, romantic relief from four years of global industrialised killing.
The economy of Africa's most industrialised country has been hobbled by low commodity prices, drought and political ructions that have unnerved investors.
The minister faced questions from a parliamentary committee on Thursday on the sway the agencies have over in Africa's most industrialised economy.
Investor confidence in Africa's most industrialised economy remains fragile, despite Ramaphosa's pledges to woo investment, create jobs and root out rampant corruption.
Focus was on South Africa's rand which rose 0.8 percent as voters in the continent's most industrialised nation headed to the polls.
In a country that was once among Africa's most industrialised, electricity flickers for only a few hours a day, often at night.
With one of the lowest retirement ages among industrialised nations, France currently spends the equivalent of 14% of economic output on pensions.
Ramaphosa is under pressure over nationwide power cuts that have dented economic output and sapped investor confidence in Africa's most industrialised economy.
Eskom has been beset by technical and financial difficulties that have caused rolling power blackouts across Africa's most industrialised nation this year.
As other countries industrialised in the 19th century, they copied aspects of the British model, including a central bank and the gold standard.
Lipetsk Region has a well-developed industrialised economy with a focus on the ferrous metallurgy sector, supporting wealth metrics above the national median.
The health system in Africa's most industrialised economy reflects broader racial and societal inequalities more than two decades after white minority rule ended.
Eskom started controlled power blackouts on Thursday after workers protesting over pay hurt its ability to deliver electricity to Africa's most industrialised economy.
During the same period, middle-aged persons in other industrialised nations (as well as Hispanic Americans) saw sharp declines in their mortality rate.
South Africa-focused investors will scrutinise manufacturing data due later in the week for clues about the health of Africa's most industrialised economy.
Africa's most industrialised economy contracted by 3.2% in the first quarter, a major setback for President Cyril Ramaphosa's efforts to rebuild investor confidence.
It said it expected oil use in industrialised countries, or those in the Organisation for Economic Cooperation and Development, to decline after 2020.
There was a shop that sold fresh butter—formed with wooden paddles—and real cheese: Lockerbie and Galloway cheddar before it got industrialised.
Moody's downgraded South Africa to "Baa3", one notch above junk, in June and has the continent's most industrialised economy on a negative outlook.
The project aims to help meet increasing power demand in industrialised eastern regions and reduce the amount of wasted electricity in the west.
Africa's most industrialised economy is grappling with a vast build-up of public sector debt led by cash-strapped state power firm Eskom.
It called Africa's most industrialised economy "weak" and "vulnerable" and said electricity supply constraints would probably keep activity muted in the near term.
On December 9th Eskom, the state-owned power utility, announced its biggest-ever blackouts, turning off the lights across Africa's most industrialised country.
The existing health system in Africa's most industrialised economy reflects broader racial and social inequalities that persist more than two decades after apartheid ended.
Mining firms in Africa's most industrialised are struggling due to weakening global commodities prices for the country's platinum, gold, iron ore and coal exports.
Africa's most industrialised country slid to number 73 in Berlin-based Transparency International's global measure of perceived corruption in 2018, from 38 in 2001.
Africa's most industrialised economy emerged from a recession in June, helped by a recovery in agriculture, but consumer spending and investor confidence remain depressed.
A spokeswoman for the German finance ministry said there had been no crisis talks among members of the G20 industrialised countries on the situation.
The recession has put pressure on President Cyril Ramaphosa as he tries to jump-start growth in Africa's most industrialised economy by attracting investment.
The mining and smelting industry is one of Eskom's top customers, accounting for around 30 percent of electricity demand in Africa's most industrialised economy.
Africa's most industrialised economy is mired in recession, and faces revenue shortfalls, ballooning debt, cash-strapped state firms and a rising public wage bill.
Finance ministers of the G403 group of leading industrialised democracies were expected to discuss measures in a conference call on Tuesday, sources told Reuters.
The International Energy Agency, which coordinates energy policies of industrialised nations, said on Saturday the markets were still well supplies despite the Saudi disruptions.
Finance ministers of the G21.5 group of leading industrialised democracies were expected to discuss measures in a conference call on Tuesday, sources told Reuters.
Africa's most industrialised economy is growing at a snail's pace, with power supply interruptions from struggling state utility Eskom contributing to low business confidence.
Africa's most industrialised economy is growing at a snail's pace, with power supply interruptions from struggling state utility Eskom contributing to low business confidence.
Investor confidence in Africa's most industrialised economy is fragile, with the economic growth outlook clouded by a lack of clarity and progress on reforms.
Africa's most industrialised economy has barely grown in the past decade, with fiscal missteps and government corruption contributing to weak business and consumer confidence.
The continent's most industrialised economy contracted in the last quarter of 2016 and the first of 2017 before recording marginal growth in the second quarter.
Africa's most industrialised economy contracted by 3.2% in the first quarter as nationwide power cuts by the ailing utility Eskom hit mining, manufacturing and retailers.
The immediate task of the new cabinet will be to help Ramaphosa revive Africa's most industrialised economy and preserve its last investment-grade credit rating.
Cash-strapped Eskom is critical to Africa's most industrialised economy as it supplies more than 90 percent of the country's power, predominantly by burning coal.
At the same time, as geographical differences dwindled within and between industrialised economies, the gap between those economies and the rest of the world widened.
Africa's most industrialised economy faces the risk of being downgraded to junk status owing to weak economic growth after it got a reprieve last year.
The retail data comes a day after a survey pointed to improving consumer sentiment in Africa's most industrialised economy during the first quarter of 2016.
A review of studies from 12 industrialised countries found that adolescent girls around the world are increasingly depressed and anxious about their weight and appearance.
Stiff competition, fewer available casino licences and consumers feeling the pinch in Africa's most industrialised nation have pushed the gaming group to broaden its horizons.
Data out on Tuesday showed the continent's most industrialised economy had suffered it worst quarterly contraction in a decade at the start of the year.
Africa's most industrialised economy reported its first two deaths from the coronavirus on Thursday and a sharp jump in new infections to more than 1,000.
The power cuts are one of the biggest challenges facing President Cyril Ramaphosa as he tries to revive investor confidence in Africa's most industrialised economy.
Africa's most industrialised economy has sunk into recession and had its credit rating downgraded to junk by two of the three main credit rating agencies.
The emphasis on investment stands in marked contrast to the previous focus on reducing oil inventories in the OECD industrialised countries to the five-year average.
Africa's most industrialised country is only expected to expand by 21.2 percent this year, down from a target of 250.1 percent the Treasury set in February.
In her podcast, Merkel said industrialised countries had a special responsibility to reduce their emission of climate-damaging greenhouse gases, warning that time was running out.
As Mr Bird notes, "22008 was the first year since 1932 in which inflation fell below 2% in each of the Group of Seven industrialised economies".
Africa's most industrialised economy contracted by 3.2% in the first quarter as nation-wide power cuts by the ailing utility Eskom hit mining, manufacturing and retailers.
German Health Minister Jens Spahn said the Group of Seven (G7) leading industrialised democracies are seeking a unified procedure to tackle the fast-spreading new virus.
Unemployment in Africa's most industrialised economy stands at more than 27 percent and job cuts are a hot political issue ahead of national elections next year.
The bourse has been driven by foreign flows into equities and earnings garnered offshore, at a time when Africa's most industrialised economy is in a recession.
Chevron said in January it would sell its business in Africa's most industrialised country after disposing assets in Nigeria, in sales triggered by plunging oil prices.
That makes Africa's most industrialised nation an epicentre of the outbreak on the continent, where 3,212 people have been infected overall, of whom 84 have died.
The currency in Africa's most industrialised economy has lagged regional peers this month, partly as the country grapples with the most severe blackouts in a decade.
" Daevan Mangalmurti, 17, Pittsburgh, United States"Industrialised countries need to use trade policy and tariffs as a 'stick' to convince nations to sustain climate-friendly development.
Kganyago conceded that the rate decision - the vote for which was not unanimous - had been complicated by a worsening growth outlook for Africa's most industrialised economy.
The latest lift came from International Energy Agency, which coordinates energy policies of industrialised nations, as it said that oil prices may have finally bottomed out.
Some argue industrialised societies could hit the levers of Earth so hard we get a runaway climate spinning out of control in to an uninhabitable Venus state.
Power shortages were cited as among key constraints to Africa's most industrialised economy, which the World Bank expects to grow by less than a percent in 2015.
The World Bank estimates Africa's most industrialised economy will grow at only 0.8 percent in 2016, in line with the South African central bank's most recent forecasts.
The government of Africa's most industrialised country formed a team six years ago to find ways to lower domestic steel prices after consumers complained about ArcelorMittal's prices.
The second was to show that China's less industrialised regions can modernise without the dirty factories that have left urban areas elsewhere in China choking in smog.
Gold producers in Africa's most industrialised economy, which have some of the world's deepest mines, have seen profits squeezed by rising costs, labour unrest and declining grades.
Nestled beneath the Ural mountains on the edge of Siberia, Yekaterinburg is the capital of a heavily industrialised region some 1,760 km (1,100 miles) east of Moscow.
South Africa's parliament in February approved a long-delayed carbon tax bill as part of plans to reduce harmful emissions in Africa's most industrialised and polluting country.
Mauritius held onto its top spot, followed by Botswana, Cape Verde, the Seychelles and Namibia while South Africa - the continent's most industrialised country - was in sixth place.
Chevron said in January it would sell its business in Africa's most industrialised country after disposing of assets in Nigeria, in sales triggered by plunging oil prices.
Trump accepted Merkel's invitation to attend a summit of G20 industrialised countries in Hamburg in July, and said he looked forward to welcoming Merkel to Washington soon.
Africa's most industrialised economy contracted 3.2 percent in the first quarter, its worst performance in a decade as President Cyril Ramaphosa's growth drive struggled to gain traction.
While he has had some success, he is contending with a sluggish economy and a legacy of corruption and mismanagement, knocking confidence in Africa's most industrialised economy.
Energy Secretary Rick Perry also said his department would work with the International Energy Agency, which coordinates energy policies of industrialised nations, if global action is needed.
Oil inventories in the wider industrialised world are above the five-year average, according to OPEC figures, which analysts say is limiting the impact of supply losses.
Reform of France's pension system, which offers some of the most generous benefits in the industrialised world, has proven a treacherous task for past and present governments.
Africa's most industrialised economy is also grappling with a power crisis that has hurt growth, temporarily shut down mining operations and threatened its remaining investment grade rating.
In other words, opt for water, milk, and fruits instead of soft drinks, dairy drinks, and biscuits, do not replace freshly prepared dishes (broth, soups, salads, sauces, rice and beans, pasta, steamed vegetables, pies) with products that do not require culinary preparation (packaged soups, instant noodles, pre-prepared frozen dishes, sandwiches, cold cuts and sausages, industrialised sauces, ready-mixes for cakes), and stick to homemade desserts, avoiding industrialised ones.
He nevertheless took heart from a G20 statement at the weekend when the leading industrialised nations - except the United States - reaffirmed their commitment to implementing the Paris deal.
The agency said the recovery of institutions in Africa's most industrialised economy would - if sustained - kick-start the economy as well as providing a stabilisation of fiscal strength.
Asmara is littered with boarded-up shops and empty factories, most of which date back decades to when Eritrea was one of the most industrialised parts of Africa.
It has been more than usually ravenous for new export opportunities since China put tariffs on American farm produce in retaliation for American tariffs on Chinese industrialised goods.
Africa's most industrialised economy slumped to a recession for the first time in nearly a decade, according to data released last week, as manufacturing, agriculture and retail shrank.
Africa's most industrialised economy faces the risk of being downgraded to junk status owing to weak growth and the political upheavals after it got a reprieve last year.
Most of the excess inventories that accumulated between 2014 and 2016 have been eliminated, with oil stocks in industrialised countries now reduced close to the five-year average.
Only about one in five Chinese sows is in industrialised production, estimates Bill Christianson of Genus, a British firm that is the world's biggest supplier of breeding pigs.
Perhaps he will use an imminent trip to Tokyo for a meeting of the G7 group of industrialised nations to wrangle Nissan into endorsing the deal with Fiat.
Land is an emotive issue in Africa's most industrialised country more than two decades after the end of apartheid, with most of the land still in white hands.
Stiff competition, fewer available casino licences and consumers feeling the pinch in Africa's most industrialised country have pushed the gaming group to broaden its horizons to Latin America.
S&P Global Ratings and Fitch Ratings both rank the sovereign debt of Africa's most industrialised economy one level above junk, while Moody's puts it two notches higher.
The bank expects headline inflation in Africa's most industrialised economy to peak at 7.8 percent in 2016, well outside the limit of its upper target of 6 percent.
Job cuts are politically sensitive in Africa's most industrialised economy, where the unemployment rate is more than 27 percent, and more so with national elections due in May.
A protracted strike in the coal sector could affect power supply in Africa's most industrialised economy, as about 85 percent of electricity is generated from the fossil fuel.
But they may also descend into wrangling, slowing decision-making or triggering new elections at a time when Africa's most industrialised country teeters on the verge of recession.
Oil prices lost yet more ground after the International Energy Agency, which advises industrialised countries on energy policy, warned that oil markets could "drown in oversupply" in 2016.
It was expected to persist until Thursday in Hebei, the heavily industrialised province that surrounds the capital, and Henan and Shandong provinces as the region battles freezing temperatures.
China had fought previous attempts by foreign governments to limit carbon emissions, claiming it should be allowed the same space to develop and pollute that industrialised nations had.
Africa's most industrialised economy has over the years cracked down on price-fixing cartels in the construction sector and recently investigated steel, auto component and glass products industries.
Public finances in Africa's most industrialised economy are under strain as growth has proved weaker than expected and a clutch of state companies have needed large cash injections.
Shell, BP, and Engen are among operators of crude oil refineries in Africa's most industrialised country, which depends on imports to meet rising demand for refined petroleum products.
Statistics South Africa (Stats SA) is the source of official data in Africa's most industrialised economy, including gross domestic product (GDP), consumer price inflation, mining and manufacturing output.
Africa's most industrialised country is racing to expand power supply after Eskom was forced early last year to impose almost daily power cuts as demand outstripped available capacity.
If it could be industrialised, it would pave the way for continuous fermentation to replace today's batch-processing approach, with all the advantages such continuity of production would bring.
Such scenarios necessarily dip into "uncharted territory for an industrialised society", as Thomas Popik, head of the Foundation for Resilient Societies, a think-tank in New Hampshire, puts it.
But for the first quarter as a whole, stocks in industrialised countries rose by 24.1 million barrels and the IEA said preliminary data suggested inventories increased again in April.
The index, which gauges manufacturing activity in Africa's most industrialised economy, slipped to 45.4 in May from 47.2 in April, below the 50 mark that separates contraction from expansion.
Cash-strapped Eskom is critical to Africa's most industrialised economy as it supplies more than 90 percent of its power and is one of its most indebted state firms.
"This is due to a weaker economic outlook, trade concerns, higher oil prices and a revision to Chinese data," said the IEA, which advises industrialised countries on energy policy.
The index, which is compiled by the Bureau for Economic Research and gauges manufacturing activity in Africa's most industrialised economy, rose to 47.8 in October from 44.9 in September.
Nizhniy Novgorod Region has a diversified economy with a fairly well-developed industrialised sector and a broad tax base, supporting wealth metrics that are slightly above the national median.
Yet Mr Stanley shows that, with only a few exceptions, such sentiments did not survive the industrialised violence of the Western Front, in which science played an important role.
The bailout forms part of efforts by President Cyril Ramaphosa, who faces divisions within his governing African National Congress party before the election, to revive Africa's most industrialised economy.
The index, which is compiled by the Bureau for Economic Research and gauges manufacturing activity in Africa's most industrialised economy, rose to 48.6 in November from 47.8 in October.
South African markets have been on a tear in recent days, fuelled by hopes that a change in the political leadership could re-invigorate the continent's most industrialised economy.
Allocation of the spectrum is seen as key to expanding broadband services in Africa's most industrialised economy, where the high cost of telecommunications is a barrier to doing business.
Eskom is South Africa's most indebted state firm and supplies more than 90 percent of the country's power, making it critical to the health of Africa's most industrialised economy.
A High Court ruling last year set the stage for protracted proceedings on cases dating back decades in the largest class action suit yet in Africa's most industrialised country.
The index, which is compiled by the Bureau for Economic Research and gauges manufacturing activity in Africa's most industrialised economy, rose to 49.9 in January from 44.9 in December.
The heavily industrialised province is one of China's most polluted regions and is estimated to be the source of about a third of the particulate matter drifting over Beijing.
The index, which is compiled by the Bureau for Economic Research and gauges manufacturing activity in Africa's most industrialised economy, fell to 44.9 in December from 48.6 in November.
Africa's most industrialised economy emerged from recession in June, helped by recovery in agriculture after a drought last year, but political scandals and policy uncertainty still dampen investor confidence.
But he was short on specifics that may have reassured investors his government had a clear plan to solve the deep-seated structural problems in Africa's most industrialised economy.
When Japan rapidly industrialised in the 1930s, bringing electric power to 90% of its population, Junichiro Tanizaki, a writer, lamented that it had made much in the country ugly.
South Africa's troubled state power utility Eskom said it would extend power cuts until Friday morning, the latest round of blackouts that have hurt the continent's most industrialised economy.
Long-term growth prospects are underpinned by the city's location within one of Europe's most industrialised areas, and the city's special status as the seat of several European institutions.
The bank said it saw consumer inflation in Africa's most industrialised economy averaging 4.7 percent in 2018, rising to 5.5 percent in 2019 and 5.4 percent the year after.
Gigaba, who was appointed as finance minister in March after President Jacob Zuma sacked Pravin Gordhan, a favourite of international investors, is battling a recession in Africa's most industrialised economy.
Beijing warned again on Tuesday against foreign governments interfering in the Hong Kong protests, after the G7 summit of leaders of seven industrialised nations called for violence to be avoided.
ROME, Feb 3 (Reuters) - Health ministers from the Group of Seven (G7) industrialised nations will discuss the new coronavirus in a teleconference call on Monday, the Italian health ministry said.
The credit ratings agency said the recovery of institutions in Africa's most industrialised economy would - if sustained - kick-start the economy as well as provide a stabilization of fiscal strength.
If it were ever built, it would generate about 22020 times more power than the Hoover Dam in America, enough to light up South Africa, the continent's most industrialised country.
Only with the advent of a vast, industrialised fishing industry, and the damage and depletion it has caused, has it become clear that this assumption has been a disastrous mistake.
The bonds will provide private firms a chance to get a foothold in infrastructure projects in Africa's most industrialised economy, where project financing has traditionally come from banks and government.
The Pacific island nation of Vanuatu has called for a new "loss and damage fund" to ensure payments from rich, industrialised nations go to those most affected by climate disasters.
The labour dispute is the latest problem to beset Eskom, which has struggled to meet power demand in Africa's most industrialised country due to its aging power plants and grid.
The agency is the last of the big three agencies to downgrade Africa's most industrialised economy to sub-investment grade, after S&P Global and Fitch moved there in 2017.
Africa's most industrialised economy has experienced several rounds of debilitating power cuts over the past year due to capacity constraints, but officials have been slow to secure new power supplies.
Setting up a sovereign fund is a longstanding ambition of leftist elements in the governing African National Congress (ANC) party that favour strong state control over Africa's most industrialised economy.
Investor confidence in Africa's most industrialised economy remains fragile, despite Ramaphosa's pledges to woo investment, create jobs and root out rampant corruption after his party won re-election last month.
Robust demand in industrialised countries was a key factor behind global demand growing 232.4 million bpd in the second quarter, the highest quarterly year-on-year rise since mid-22017.
Chevron is a leading refiner and marketer of petroleum products in South Africa, the most industrialised economy in Africa, where it has had a presence for more than a century.
Ramaphosa has been at pains to stabilise ailing firms like SAA, which weigh on confidence in Africa's most industrialised economy, but the extent of their financial difficulties has meant slow progress.
South Africa's central bank forecasts Africa's most industrialised economy to grow by 28.7 percent this year, after expanding 22016 percent in 23.7, partly hobbled by the drought and low commodity prices.
Africa's most industrialised economy entered recession in the second quarter for the first time since 2009, in a blow to Ramaphosa's pledge to turnaround the economy after a decade of stagnation.
Robust demand in industrialised countries was a key factor behind global demand growing by 2.3 million bpd in the second quarter, the highest quarterly year-on-year increase since mid-2015.
South Africa's economy grew by only 1.3 percent in 2015 and major sectors in Africa's most industrialised nation have shrunk due to a weak rand, low consumer demand and rising inflation.
Problems at cash-strapped national power firm Eskom have shaken belief in South Africa's ability to power the continent's most industrialised economy, and hit business including in key sectors like mining.
The currency soared to a nine-month high of 12.52 rand per dollar overnight on hopes Ramaphosa's appointment would pave the way for crucial structural reforms in Africa's most industrialised economy.
Refinery operators have been in long-running talks with government on how to recover costs from upgrading work needed to produce cleaner fuel in South Africa, the continent's most industrialised economy.
As a result, the Group of 20 industrialised nations have called for a trade truce, signalling world leaders are prepared to take action to curtail risks of a global economic slowdown.
Meanwhile, Clough grew up in an interwar council house in Middlesbrough, which at the time was a centre of steel production and a Labour stronghold in England's heavily industrialised north-east.
Britain had been due to cut its corporation tax rate to 17% next year, down from 19% now, which is already one of the lowest among the world's big industrialised economies.
Adding further pressure, the head of the International Energy Agency, an adviser to the United States and other industrialised countries, on Thursday called on Saudi Arabia to help stabilise the market.
It has already given up another 5 percent so far this year, weighed down by concerns over sluggish growth in African's most industrialised economy, as well as a slowdown in China.
Eskom, which supplies 90% of South Africa's power, has been battling to keep the lights on in the continent's most industrialised economy despite a lull in demand over the festive period.
FRANKFURT, Feb 2 (Reuters) - The Group of Seven leading industrialised democracies are seeking a unified procedure to tackle the fast-spreading new coronavirus, German Health Minister Jens Spahn said on Sunday.
It caved in to union demands for higher pay after protesting workers forced some of its generating units to be switched off, leading to power outages in Africa's most industrialised economy.
Markets are hoping for a swift departure of the embattled president, paving the way for ANC leader Cyril Ramaphosa to implement economic reforms much needed in the continent's most industrialised economy.
A programme that aims to minimise future outbreaks must address global poverty and wealth inequality, and not simply come up with new ways to protect industrialised societies from Third World threats.
The original declaration was vague about its objectives but senior officials have since indicated the primary goal is to reduce oil inventories in OECD industrialised countries down to the five-year average.
South Africa's state prosecutor dropped fraud charges on Monday against Finance Minister Pravin Gordhan, the latest twist in a police investigation that has rattled financial markets in the continent's most industrialised economy.
On Friday, Fitch kept the credit score of Africa's most industrialised economy one notch above junk status but changed its outlook to negative from stable, warning that political risks could hurt growth.
Data released on Thursday showed manufacturing output contracted by 2.5 percent in January, while mining output fell by 2743 percent year-on-year, further signs of weakness in Africa's most industrialised economy.
Africa's most industrialised economy slipped into recession after contractions in the first two quarters of the year, but bounced back strongly in the third as the manufacturing, agriculture and retail sectors grew.
The forum, which lobbies for black rights, criticised the mobile phone operator's decision saying it was retrogressive to plans for the inclusion of blacks in corporate boardrooms in Africa's most industrialised country.
The Davis Tax Committee (DTC) announced it was inviting submissions from South Africans on whether the government should implement such a tax to lessen the glaring inequality in Africa's most industrialised economy.
S&P affirmed the rating on the sovereign debt of Africa's most industrialised country at BBB-, but warned that the outlook remained negative, reflecting the potential adverse consequences of low GDP growth.
It added that growing scepticism about the world economy in many industrialised countries would weaken demand for machines, services and cars made in Germany, where one in three jobs depends on exports.
Over the past weeks, people on Twitter have been sharing satellite images of various countries, showing that pollution levels are dropping across the industrialised world as a result of coronavirus-induced lockdowns.
Gordhan told reporters shortly after landing at Johannesburg's international airport that he was focused on restoring faith in Africa's most industrialised economy and had met with about 50 investors while in London.
Small wonder that some investors believe these may be the best conditions to buy equities as the biggest industrialised economies are enjoying low but persistent growth, near full-employment and declining inflation.
The trip came against the backdrop of mounting concerns that Africa's most industrialised economy could lose its investment-grade rating by mid-year, potentially raising borrowing costs for government and firms alike.
The PSA, which represents more than 230,000 public sector workers, wants an above inflation increase of 12 percent across the board as Africa's most industrialised economy shows signs of recovering from a recession.
Africa's most industrialised economy, which operates the continent's only nuclear power station, wants to install an additional 9,600 megawatts of nuclear power to help overcome chronic electricity shortages that have dented economic growth.
Eskom, which supplies more than 90% of the power in Africa's most industrialised economy, is deep in crisis as its sales decline while debt-servicing costs soar, and is dependent on government bailouts.
The agency, which coordinates the energy policies of developed nations, saw oil stocks in industrialised countries fall in February by 21.7 million barrels, putting inventories 16 million barrels above their five-year average.
Speaking on the sidelines of a summit of major industrialised nations, Trump hailed Chinese President Xi Jinping as a great leader and said he welcomed his desire for a deal and for calm.
Also helping sentiment, the Group of 20 industrialised nations have called for a trade truce in a sign world leaders are prepared to take action to curtail risks of a global economic slowdown.
Although regulators and central banks in many industrialised countries are pushing for greater disclosure of climate risks, a quarter of the companies in the study do not report their own emissions, TPI said.
Gold producers in Africa's most industrialised economy argue that above-inflation wage hikes have added to the cost burden in the bullion industry, which has been hit by depressed prices and labour unrest.
Eskom provides almost all the power in Africa's most industrialised economy, which is on the verge of recession and already grappling with a strike in the fuel sector that has caused some shortages.
On an annualised basis Africa's most industrialised economy contracted 0.7 per cent in the first quarter after a 1.43 per cent drop at the end of 2016, Statistics South Africa said on Tuesday.
It was not clear yet what that meant for margins, which slumped as the price of crude rose last year, said the Paris-based IEA, which coordinates the energy policies of industrialised countries.
The International Energy Agency, which advises industrialised countries on energy policy, said the global oil glut was set to last until at least late 2016 due to unseasonably warm weather and rising supply.
BANGKOK, Jan 18 (Reuters) - Thailand's Central Wage Committee has recommended that the daily minimum wage be increased by 13 percent to 330 baht ($10.33) in its two most industrialised provinces, Chonburi and Rayong.
Africa's most industrialised economy grew by 3.1 percent in the final quarter of 2017 but contracted 2.2 percent in the first quarter of this year, led by a slowdown in agriculture and mining.
Policymakers have been trying to avert a downgrade to "junk" as Africa's most industrialised economy needs to borrow about 165 billion rand ($12 billion) this fiscal year to help plug its budget deficit.
Africa's most industrialised economy was expected to finalise some requirements for its nuclear expansion by April, with Russia and China the front-runners to build the new power stations, Reuters reported in February.
The pay cut promise boosted the rand, as traders bet it could help South Africa, the continent's most industrialised economy, escape a painful downgrade of its last investment-grade credit rating, from Moody's.
A survey showed consumer confidence in Africa's most industrialised economy remained at a near-two year low in the fourth quarter, as the country struggles with prolonged power cuts and choppy economic growth.
The index, a gauge of manufacturing activity in Africa's most industrialised economy, fell to 47.7 in November from 48.1 points in October, well below the 50-point mark that separates expansion from contraction.
Data in June showed the continent's most industrialised economy had slipped into recession as major sectors shrunk while political and policy uncertainty dragged business and consumer confidence to their worst levels in decades.
Investors have been worried about undue political interference in fiscal policy in Africa's most industrialised but ailing economy after President Jacob Zuma changed finance ministers twice in less than a week in December.
Eskom generates more than 90% of the power in Africa's most industrialised economy but has battled with faults at its coal-fired power plants that have dented economic growth in the past year.
Struggling Eskom, which supplies more than 90% of the power in Africa's most industrialised economy but is dependent on government bailouts, is deep in crisis as its sales decline while debt-servicing costs soar.
Africa's most industrialised economy grew 2.5 percent in the three months to the end of June, bouncing back from a technical recession following two consecutive quarters of contracting, data from Statistics South Africa showed.
The continent's most industrialised economy is set to only narrowly avoid a recession after gross domestic product contracted by its most nearly a decade in the first quarter, the central bank said last week.
Eskom supplies over 90 percent of the power in Africa's most industrialised economy but has been grappling with power station breakdowns and diesel shortages which have curbed its ability to run backup power sources.
More than 80 percent of the electricity in Africa's most industrialised country comes from coal-fired power plants, some of which had been mothballed but were returned to service to help boost electricity supplies.
The robotics firm Kuka and the Romaco group, both German, have been bought by Chinese firms in the last three years - and across industrialised countries, humans will soon become redundant on many packaging lines.
Citi's aggregate G5 and G7 sovereign bond yields, which capture sovereign borrowing costs in the world's biggest and most industrialised economies, were also at their lowest since the U.S. bank began compiling the data.
The offer underlines ATON's determination to expand in Africa's most industrialised economy, whose prospects have improved since Cyril Ramaphosa took over as president promising to root out corruption and push through business-friendly policies.
On Friday, South Africa - the continent's most industrialised economy and one of the world's most-traded emerging markets - faces the ratings test, with S&P Global assessing whether to cut its credit to "junk".
"It's a big problem, it's a world problem," he said in the Sicilian town of Taormina, adding the issue would be raised in joint meetings with the other six heads of leading industrialised countries.
Africa's most industrialised economy relies on exports to China and the United States for a bulk of its revenue, and the deepening spat between the two risks denting the country's already dim economic prospects.
South Africa's rand outperformed its emerging market peers to climb 0.8% shrugging off readings that showed private sector activity remained in contraction for a fifth consecutive month in September for Africa's most industrialised nation.
The power cuts have pushed Africa's most industrialised economy to the brink of recession and piled pressure on Ramaphosa, who came to power with a pledge to revive investor confidence and lift economic growth.
OPEC agreed to lower production in 2017 and has agreed to maintain output cuts for the whole of 2018 to help bring oil stocks in OECD industrialised countries down to their 5-year average.
Japan, a big financier of new coal plants in southeast Asia, is seen as an outlier among industrialised countries since it is the only G7 nation to still be building coal plants at home.
The area is one of India's least industrialised regions, with per capita income of 62,13 rupees ($870) in 2016-2017, lower than the national average of 82,229 rupees but better than several other states.
"Based on the high infertility rate in China today, it's not likely for the authorities to step up a crackdown against [surrogacy], " Lu regards the surrogacy business as a "traditional one" that has been industrialised.
The German robotics firm Kuka and the Italian Romaco group have both been bought by Chinese firms in the last three years - and across industrialised countries, humans will soon become redundant on many packaging lines.
In surveys over the past few decades in a range of industrialised countries around half of women, and a smaller but significant share of men, say they have experienced it (the perpetrators are usually male).
Finance Minister Pravin Gordhan has said growth in Africa's most industrialised country will come in less than 1 percent this year - a pace rating agencies say might put the country's investment grade rating at risk.
But once one excludes South Africa, the biggest and most industrialised economy, the rest of the continent has some 60% fewer large firms relative to its economic output than places such as India and Brazil.
South Africa's rand looked on track for a fourth straight month of gains, set to end February 1.5 percent up against the dollar after Cyril Ramaphosa took over as president of Africa's most industrialised nation.
It was not clear how much further their talks would build on discussions at a meeting of the G7 most industrialised nations last month, where the leaders agreed to do more to purge extremist content.
Cheaper pork will add to downward pressure on food prices, which have been slowing on expectations of a solid maize crop, helping to pull inflation in Africa's most industrialised economy down to seven-year lows.
Residents in Shijiazhuang, the capital of heavily industrialised Hebei province that surrounds Beijing, complained that schools were still open even though the city remained on red alert with air pollution levels close to record highs.
The continent's most industrialised economy sank into recession in the first quarter of 2017 before recovering, but investor and consumer confidence have remained subdued due to political and policy uncertainty linked to President Jacob Zuma.
He added, however, that he was still confident in a preliminary deal in July, which could be facilitated by talks at a G20 meeting of finance ministers from the world's most industrialised countries from Feb.
It follows upgrades on the outlook for emerging markets, loosely defined as more recently industrialised nations – including China, much of Southeast Asia and Latin America – from J.P Morgan Asset Management and Morgan Stanley last month.
The PSA, a union that represents more than 230,000 public sector workers, wants an above inflation increase of 12 percent across the board as Africa's most industrialised economy shows signs of recovering from a recession.
The Tribunal, which gives the final word on mergers in Africa's most industrialised country, said in a statement that the conditions are designed to address both public interest and competition concerns arising from the merger.
A solid harvest should add to downward pressure on food prices, which have been slowing on expectations of a good crop, helping to pull inflation in Africa's most industrialised economy down to seven-year lows.
The city has a population of 1.3 million and is the capital of Nizhniy Novgorod Region, one of the top 183 Russian regions by gross regional product, which provides an industrialised and diversified tax base.
The struggling utility supplies more than 90 percent of the electricity in Africa's most industrialised economy but has a 420 billion rand debt which it struggles to service, poses a threat to the country's credit rating.
Africa's most industrialised country narrowly avoided downgrades to subinvestment status in a round of reviews by the three major ratings agencies in the first half of the year, but is teetering on the brink of recession.
PARIS (Reuters) - Interior ministers from the Group of Seven industrialised nations still have different views over how to handle jihadists and their families in Syria and Iraq, the French interior minister Christophe Castaner said on Friday.
But news that Africa's most industrialised economy had entered a recession sent the currency and bonds tumbling, wiping away the optimism that followed the entry in February of President Cyril Ramaphosa and Finance Minister Nhlanhla Nene.
BIARRITZ, France, Aug 23 (Reuters) - Advisers to G7 leaders are discussing concrete measures to be decided on during the Group of Seven industrialised countries' summit this weekend in France, a French diplomatic source said on Friday.
For individuals older than age 234 years, 214 (65%) Tsimane presented with a CAC score of 0, and only four (8%) had CAC scores of 100 or more, a five-fold lower prevalence than industrialised populations.
Industrialised countries have started to make increased use of Citizens' Assemblies, to serve both as pressure valves on contentious issues and to mobilise support for decisions that legislatures driven by election cycles might struggle to pass.
Saudi Arabia's energy minister said the focus remained on reducing oil stocks in industrialised countries to their five-year average and raised the prospect of prolonged output restraint once an OPEC-led supply-cutting pact ends.
Eskom supplies more than 13 percent of the power in Africa's most industrialised economy but has suffered repeated faults at its coal-fired power station fleet, low water levels at hydro-power plants and diesel shortages.
JOHANNESBURG, March 15 (Reuters) - South African state utility Eskom implemented a second day of electricity cuts on Friday, as power plant breakdowns exposed the frailty of the company and the risks to Africa's most industrialised economy.
Italy's drive to be the first Group of Seven industrialised nation to join the ambitious venture has angered Washington and alarmed Brussels, raising fears of a sellout of sensitive technologies and the handover of critical infrastructure.
As a result, Bernstein forecast an inventory draw of 37 million barrels in the first quarter for the 36 member countries of the Organisation for Economic Co-operation and Development (OECD), which comprises most industrialised nations.
Africa's most industrialised economy slipped into recession in the second quarter for the first time in nearly a decade and faced political uncertainty that caused turmoil in its currency and financial markets over its finance minister.
Africa's most industrialised economy slipped into recession in March, and has seen the economy's outlook worsen with nearly all major sectors contracting and political uncertainty linked to infighting in the ruling party putting pressure on growth.
"The policy has a thrust towards promoting adaptation because, as a developing country, our scope for mitigation or reducing emissions is limited because we are not all that industrialised compared to the developed world," he said.
The ratings also consider the following rating factors: Strong but Concentrated Economy Lipetsk Region has a fairly well-developed industrialised economy with a focus on the ferrous metallurgy sector, supporting wealth metrics above the national median.
The index, which gauges manufacturing activity in Africa's most industrialised economy, rose to 52.1 in July from 46.2 in June, edging above the 50-point mark separating contraction from expansion for the first time since December.
Stocks of crude oil and refined products in the OECD industrialised countries have fallen to just 210 million barrels above the five-year average, from a surplus of 216 million barrels at the start of 2017.
Brown also said Eskom, which provides virtually all the electricity to Africa's most industrialised economy from coal-powered plants, has been paying above inflation prices to secure coal, despite being the main buyer of the commodity.
OPEC figures published on Monday showed that oil inventories in OECD industrialised nations in March fell to 9 million barrels above the five-year average, down from 340 million barrels above the average in January 2017.
Eskom, which produces more than 90% of the electricity in Africa's most industrialised economy, ramped up power cuts to 4,000 MW on Tuesday after a fault with a pump at Koeberg, the country's only nuclear station.
Speaking on the sidelines of a summit of major industrialised nations in France, Trump hailed Chinese President Xi Jinping as a great leader and said he welcomed his desire for a trade deal and for calm.
Birol said the IEA, which coordinates energy policies of industrialised nations, would give a clearer outlook and timeframe on the global oil demand in two weeks, when the agency is due to publish its monthly report.
Africa's most industrialised economy has seen growth slow to a trickle over the last decade, while government borrowing has climbed rapidly to plug a widening budget deficit and fund bailouts of state firms plagued by mismanagement.
Sending his defence and foreign ministers to Moscow in September and ending a four-year freeze on such high-level diplomatic visits, Macron is seeking to bring Moscow back into the fold of leading industrialised nations.
Kganyago said that inflation, which slowed to 6 percent year-on year in July, would temporarily remain outside the bank's target range and was susceptible to sustained weakening in the currency of Africa's most industrialised country.
German Chancellor Angela Merkel and Chinese President Xi Jinping discussed overcapacity in world steel markets and agreed on Saturday to work on solutions within the framework of the G20 group of industrialised nations, Merkel's spokesman said.
LONDON, March 10 (Reuters) - Finance ministers and central bankers from the G20 group of leading industrialised nations meet in Germany next week for the first time since Donald Trump was elected president of the United States.
Eskom is struggling to emerge from a severe financial crisis and has suffered a series of unplanned breakdowns at its creaking coal-fired power station fleet, which limit its ability to power Africa's most industrialised economy.
BERLIN, March 20 (Reuters) - Concerns about a global trade war dominated this week's meeting of finance ministers from the G20 largest industrialised nations in Argentina, German Finance Minister Olaf Scholz told reporters traveling home with him.
BRUSSELS, Feb 13 (Reuters) - European Union finance ministers will warn their counterparts from the world's most industrialised nations they should get ready to face a potentially large global slowdown, an EU document seen by Reuters says.
Eskom generates more than 90% of the electricity in Africa's most industrialised economy but has grappled with faults at its coal-fired power plants, forcing it to implement power cuts that have weighed on economic growth.
BEIJING (Reuters) - China, Brazil, India and South Africa have urged industrialised countries to honour financial commitments made in Paris in 2015 to help developing countries fight against global climate change, they said in a statement on Tuesday.
Africa's most industrialised economy slid to a recession, data showed last week, with household expenditure showing a 1.3 percent decline as elevated debt, higher fuel prices and an increase in value-added tax battered cash-strapped consumers.
The leaders of the world's major industrialised nations, meeting in the French coastal resort of Biarritz, look set to reach an agreement on how to help fight the Amazon forest fires and try to repair the devastation.
Aware that past work with non-industrialised populations had shown that some conditions long thought to be age-related and inevitable, such as declining cardiovascular function, were not, Dr Rosinger decided to look similarly at kidney function.
The economy of Africa's most industrialised country is expected to grow by less than 1 percent this year after expanding 1.3 percent in 2015, hobbled by low commodity prices, drought and political ructions that have unnerved investors.
They noted that in the past 15 years as China industrialised, the country's companies ran construction projects over an expanse approximately equivalent to the built area of all western Europe with very little help from foreign firms.
The outages expose the risks to Africa's most industrialised economy from Eskom's virtual monopoly and the failure of successive governments to take on labour unions and leftists in the ruling African National Congress (ANC) who oppose change.
RMB Holdings Limited, which holds a 34 percent stake in FirstRand, the largest banking group by value in Africa's most industrialised economy as its only major asset, said on Tuesday it will buy 25.01 percent of Atterbury.
The central bank left rates steady at 23.96 percent for a third meeting in a row, in line with expectations, and revised the growth prospects for Africa's most industrialised country upwards to 280.69 percent from zero percent.
Tanzania and Mozambique have huge gas reserves that South Africa is keen to tap as it seeks to reduce reliance on coal, which accounts for over 85 percent of the power generated in Africa's most industrialised economy.
"It seems unlikely he will say he will leave today, if he said 'no' yesterday," said UBP's Chow, adding the process had shone a positive light on legal and political institutions in the continent's most industrialised economy.
Policy uncertainty has stifled investment in the mining industry of Africa's most industrialised economy, which has also faced a wave of job cuts during a downturn in commodity markets, high wage costs and a volatile labour environment.
But she will look to draw on one of her few recent political successes to rally support among the G7 group of industrialised nations which brings together Canada, the United States, Japan, Britain, Italy, France and Germany.
"First, we want to bring in more Western products, and second, we want to develop more industrialised Chinese products," Chairman and Chief Executive Wan Long told reporters last week at the company headquarters in Luohe, central China.
The potential job cuts highlight the risks posed to Africa's most industrialised economy by struggling state power utility Eskom, which is battling breakdowns at its creaking coal-fired power plants and is mired in a financial crisis.
Macron, a former investment banker, wants to streamline France's convoluted pension system and give French people an incentive to stay in work longer to pay for some of the most generous retirement benefits in the industrialised world.
A debilitating round of power cuts in February and March contributed to a steep economic contraction in the first quarter and reminded investors of the uphill struggle President Cyril Ramaphosa faces to revive Africa's most industrialised economy.
South Africa's government on Friday asked industry for the cheapest and quickest options to ease a power crunch, as cabinet held an emergency meeting to try to resolve a crisis threatening growth in Africa's most industrialised economy.
JOHANNESBURG, Aug 1 (Reuters) - Societe Generale is in talks with South African lender Absa about selling its local unit as the French bank prepares to pull out of Africa's most industrialised economy, two sources familiar with matter said.
It recommended fines amounting to 10 percent of the banks' South African revenues in a scandal that has piled political pressure on the country's big four banks and raised questions about their dominance in Africa's most industrialised economy.
President Cyril Ramaphosa has been at pains to stabilise ailing firms like SAA, which survive on government handouts and weigh on confidence in Africa's most industrialised economy, but the extent of their financial difficulties has meant slow progress.
South Africa's rand was 0.2 percent weaker, while local stocks edged up 0.1 percent ahead of mining and manufacturing data releases later in the day which could hint at the pace of recovery in Africa's most industrialised economy.
"Lower oil prices and sliding production are a double whammy for Venezuela, which is caught in the grip of an economic and political crisis," the IEA, which advises industrialised nations on energy policies, said in a monthly report.
Eskom supplies more than 90 percent of the power in Africa's most industrialised economy but has suffered repeated faults at its coal-fired power station fleet and is choking under a 420 billion rand ($29 billion) debt mountain.
ROME, Feb 9 (Reuters) - Major industrialised nations will look into how new digital companies should be taxed during Group of Seven meetings that will be hosted by Italy this year, Economy Minister Pier Carlo Padoan said on Thursday.
One of the earliest studies of the Irish diaspora came from socialist Friedrich Engels who, in his 1848 work, The Condition of the Working Class in England, gave a thorough accounting of Irish migration into newly industrialised England.
Pretoria dodged ratings downgrades from Moody's, S&P Global Ratings and Fitch earlier this year, giving policymakers time to act to strengthen the economy of Africa's most industrialised country before the next round of reviews due by December.
Moody's is the last of the big three ratings agencies to give South Africa an investment-grade rating, so markets are sensitive to any pronouncement it makes on the fiscal and economic strength of Africa's most industrialised economy.
Public-sector strikes extended into a seventh day ahead of Prime Minister Edouard Philippe's unveiling of the draft reform to overhaul the byzantine pension system that offers some of the most generous retirement benefits in the industrialised world.
A net importer of crude, Africa's most industrialised economy wants biofuels initially to meet two percent, or about 400 million litres, of the country's annual fuel consumption to wean itself off oil imports and improve the trade balance.
South African President Cyril Ramaphosa has tried to revive Africa's most industrialised economy after a decade of slow growth, but he has found it hard to push through much-needed reforms and rein in rapidly rising debt levels.
In the sprawling industrialised province of Binh Duong, China and Taiwan are bringing huge job opportunities, with the two countries accounting for a third of over 100 new investment projects announced in the first five months of 2016.
The index, which is compiled by the Bureau for Economic Research and gauges manufacturing activity in Africa's most industrialised economy, was at 43.2 in September from 43.4 in August, staying below the 50-mark separating contraction from expansion.
Africa's most industrialised economy had FDI inflows of 17 billion rand ($1.16 billion) in the third quarter from inflows of 26.3 billion rand in the second quarter, the South African Reserve Bank (SARB) said in its Quarterly Bulletin.
Italy, seeking a welter of new export deals to boost its stalled economy, will become the first Group of Seven major industrialised nation to join the multi-billion-dollar project which is designed to improve Beijing's global trade reach.
Much of the rich world is facing chronic slump conditions; interest rates are stuck near zero and central banks seem to be struggling to foster a level of demand adequate to keep the industrialised world operating at full employment.
Africa's most industrialised economy grew an estimated 0.8 percent in 2018 after recovering from a recession in the first half of the year when a drought hit farming, although blackouts at power utility Eskom continue to drag on activity.
The most industrialised economy in Africa was among the "Fragile Five" emerging markets identified by analysts as long ago as 2013 and it has struggled since with reforms to spur growth, including to state firms like power utility Eskom.
Part of the hesitation stems from the fact that Britain's economy has moved from leading to lagging all of its industrialised peers, and is facing its most far-reaching change since the Second World War: leaving the European Union.
The latest falls saw the currency of Africa's most industrialised nation plumb lows it had last hit in mid-June when a row over the bank's mandate had also rattled markets just as the economy fell back into recession.
Britain initially stood aloof from the project but then spent a decade trying to join, as its poor economic performance became clear; between 1946 and 1965, British GDP per capita grew at half the rate of other industrialised countries.
Over the same period, business investment in the other Group of Seven big, industrialised economies has risen 10%, with the United States posting an increase of 13%, according to Alpesh Paleja, an economist with the Confederation of British Industry.
The sacking of Gordhan, seen as a steady and reliable hand in policymaking by investors, came as part of a wider cabinet reshuffle, the latest chapter exposing deepening rifts and divisions within the government of Africa's most industrialised economy.
Economic output in Africa's most industrialised economy expanded just 0.8 percent last year, well below the level hoped for by President Cyril Ramaphosa, who is trying to revive investor interest in South Africa after a decade of slow growth.
Trade data published by the revenue service on Tuesday showed exports down 6.1 percent month-on-month in January, while subdued consumer and business confidence dampened imports as low activity continued to strangle growth in Africa's most industrialised economy.
The 21-day lockdown came into force at midnight and restricts people to their homes as the country battles the virus that has recorded its first two death and more than 1,000 confirmed cases in Africa's most industrialised economy.
Speaking on the sidelines of a summit of major industrialised nations in France, Trump hailed Chinese President Xi Jinping as a great leader and said he welcomed his desire for a trade deal and for calm - soothing investors' nerves.
But such a sweeping move is seen as impractical by many in poorer, less industrialised countries like Senegal and Ivory Coast, where people depend on their daily earnings to survive and are not covered by strong social safety nets.
Africa's most industrialised economy is battling to kick-start economic growth, with the treasury target of a 1.5% expansion in 2019 unlikely after nationwide power cuts by state utility Eskom dragged the economy into contraction in the first quarter.
Sun International, one of two listed casino operators in Africa's most industrialised country, is facing sagging demand from gamblers due to "difficult trading conditions and reduced consumer spend" and expects gaming revenue in South Africa to remain under pressure.
Africa's most industrialised economy emerged from a recession in the second half of 2018 after contracting in the first two quarters, but is set to expand slowly in 2019 with national elections in May keeping consumer confidence and activity subdued.
Africa's most industrialised economy grew at an estimated 0.8 percent in 2018 after recovering from a recession in the first half of the year when a drought hit farming, although blackouts at power utility Eskom continue to drag on activity.
"It is likely to be the first time in industrialised history, save for periods of war or natural disaster, that the incomes of young adults have fallen so far when compared with the rest of society," according to the Guardian.
The International Energy Agency (IEA) said on Tuesday that commercial oil inventories in industrialised countries rose by 24.1 million barrels in the first quarter of the year, a time during which the OPEC-led production cut was already in place.
The rand has been wobbly since President Jacob Zuma plunged Africa's most industrialised economy into uncertainty in December by firing Finance Minister Nhlanhla Nene in what some analysts saw as a sign of strife within the ruling African National Congress party.
"To be clear, the Italian G7 presidency has not sent any invitation to Putin to participate at the G7 in Taormina," Gentiloni said, referring to a summit scheduled for May in Sicily of the leaders of major Western industrialised leaders.
Canadian Prime Minister Justin Trudeau will play host to a summit of the Group of Seven leading industrialised nations, with six of the seven members outraged at the United States over a slew of recent protectionist moves by President Donald Trump.
Below National Average Economy: With nearly 1 million inhabitants, Naples is one of the biggest Italian cities and, although it is the most dynamic and industrialised city in southern Italy, its socio-economic profile remains weak relative to national levels.
Finance Minister Pravin Gordhan said in his February budget speech that Africa's most industrialised nation would explore merging two of its state-owned airlines, South African Airways (SAA) and SA Express, and seek a minority equity partner for the company.
Consumers in Africa's most industrialised economy have struggled amid sluggish growth, high levels of debt and unemployment and rising pressures on their income, such as tax hikes, with this in turn hitting the performance of some of the country's biggest companies.
Eskom provides more than 90 percent of the power for Africa's most industrialised economy, but the state-owned utility has been hit by labour unrest over wage talks as it tries to reverse a decade of financial decline by cutting costs.
The state-owned firm, which supplies more than 90 percent of the power in Africa's most industrialised economy, started cutting power from the national grid on Sunday and intensified outages on Monday after six of its generating units unexpectedly went offline.
CAPACITY AND INVENTORIES: Bullish sentiment in the aluminium market was reinforced by news that China's government has criticised officials in the industrialised province of Shandong for deceiving authorities to evade capacity cuts in the polluting coal, steel, aluminium and chemicals sectors.
JOHANNESBURG, Aug 9 (Reuters) - South African power utility Eskom and trade unions reached an "in principle" wage deal, the company said late on Wednesday, potentially ending weeks of tense negotiations that have lead to power outages in Africa's most industrialised economy.
Just two weeks earlier, provincial party secretary Zhao Kezhi praised Yi Huiman, chairman of Industrial and Commercial Bank Ltd , the country's biggest bank, for "thinking from the big picture" by strengthening lending to the heavily industrialised region, state media reported.
BOLOGNA, Italy, June 12 (Reuters) The United States refused to sign up to the Group of Seven major industrialised economies' statement on climate change and plans to fund sustainable development, a statement from the group's environment ministers said on Monday.
Africa's most industrialised economy registered FDI outflows of 8.2 billion rand in the last three months of 2018 as South African subsidiaries repaid short-term loans to foreign parent companies, the South African Reserve Bank said in its quarterly bulletin.
Weak Economic Fundamentals With nearly 0003 million inhabitants, Naples is one of the biggest Italian cities and, although it is the most dynamic and industrialised city in southern Italy, Fitch views its socio-economic profile as weak relative to national levels.
He said global stocks had fallen by 90 million barrels, but were still about 250 million barrels above the five-year average for industrialised nations, which is the level OPEC and non-OPEC states are targetting with their output curbs.
BEIJING, April 11 (Reuters) - China, Brazil, India and South Africa have urged industrialised nations to honour the financial commitments made in Paris in 2015 to help developing countries fight against global climate change, they said in a joint statement on Tuesday.
Anton Eberhard, chairman of an Eskom task team appointed by President Cyril Ramaphosa, said his team was looking at some kind of debt relief for the utility, which supplies more than 90 percent of the power in Africa's most industrialised economy.
The agency, which coordinates the energy policies of industrialised nations, said global spare production capacity has risen to 3.3 million bpd due to high compliance rate with the agreed supply cuts among the Organization of the Petroleum Exporting Countries and its allies.
Investors say the CEOs' resignations could slow the implementation of turnaround plans seen as critical to shoring up confidence in Africa's most industrialised economy, which has for years struggled to grow and whose last investment-grade credit rating is hanging by a thread.
They have joined other "small island developing states" to argue that industrialised countries, which have been emitting carbon dioxide longer than developing countries, and continue to emit more of it per person, should compensate them for losses and damage caused by extreme weather.
The IEA, which oversees the energy policies of industrialised nations, said even though the decline in U.S. output was gathering pace and Iran was not adding as many barrels as expected, the world would still produce more oil than it consumes throughout 22016.
Growth shrunk 0.3 percent in the final quarter of 2016 and a second consecutive contraction in the first quarter of 2017 could see the continent's most industrialised economy slip into technical recession for the first time since the 2008-2009 global crisis.
The investigation followed a complaint by Eskom in 2016 to the watchdog over contracts to service its fleet of 15 coal-fired power stations, which were on the verge of collapse a decade ago, threatening to plunge Africa's most industrialised economy into darkness.
South Africa - the continent's most industrialised country - had been teetering on the edge of recession, suffering from chronic power shortages and stubbornly high unemployment with voters increasingly frustrated with the country's economic management under President Jacob Zuma and his ruling ANC party.
Eskom, which generates nearly all of the power for Africa's most industrialised economy, said that it had cut 4,000 megawatts, double the 2,000 MW it had said would be cut over the weekend after repeated faults at its coal-fired power stations.
Household consumption makes up about 50 percent of gross domestic product in Africa's most industrialised country, but with the economic growth forecast at 0.5 percent by the Treasury, analysts warned of a contraction after a surprise 1.2 percent expansion in the second quarter.
That still leaves roughly half of American children of that age receiving no formal schooling at all, compared with just 10% or less in much of industrialised Europe and Asia—an imbalance politicians on the left, including Hillary Clinton, are eager to address.
Manufacturing output in Africa's most industrialised economy expanded by 4.6% year-on-year in April, the biggest growth since June 2016, Statistics South Africa said on Tuesday, in the first positive data since a May vote returned President Cyril Ramaphosa to office.
Africa's most industrialised economy had FDI inflows of 26.3 billion rand ($1.76 billion) in the second quarter from inflows of 11.7 billion rand in the first three months of the year, the South African Reserve Bank (SARB) said in its Quarterly Bulletin.
Demand from nations not in the OECD group of industrialised countries, led by China and India, is expected to rise by 1.1 million bpd to 51.6 million bpd this year and by 1.2 million bpd to 52.8 million bpd next year, the IEA said.
The top executives of mostly-listed firms in Africa's most industrialised country - ranging from mining, media, retail and banking - said in a newspaper advertisement on Sunday that political wrangling was damaging an already stalling economy at a time the country faced a sovereign credit downgrade.
But the chamber said that those losses have been partially offset by increased production at some of the most industrialised mines, including Sicomines, the mining side of a $6 billion 'minerals-for-infrastructure' deal between the government and Chinese companies, which came online last November.
In a budget statement to parliament, Gordhan said Africa's most industrialised economy faced exceptionally difficult global and domestic economic conditions over the next few years, and would have to bring down its spending ceiling by 25 billion rand ($1.6 billion) over the next three years.
CAPE TOWN, Aug 8 (Reuters) - South Africa's petroleum industry does not anticipate any fuel shortages for the rest of the week in Africa's most industrialised country as a wage strike by around 15,000 workers entered its second week on Monday, a senior official said.
The economy of the African continent's most industrialised nation has come under ever growing pressure as the government grapples with lacklustre growth, high unemployment and a heavy debt burden, especially from state-owned enterprises such as South African Airways (SAA) and power firm Eskom.
Some 3,000 business, government and civil society figures are due to gather in the snow-blanketed ski resort, but among them are only three leaders of the Group of Seven most industrialised countries: Japanese Prime Minister Shinzo Abe, German Chancellor Angela Merkel and Italian Premier Giuseppe Conte.
Exports account for more than 80 percent of large industrial plant work carried out by German firms, who are increasingly dependent on emerging markets as many industrialised countries move away from fossil-based fuels and the large plants that are needed to generate electricity from them.
"The United States is increasingly leading the expansion in global oil supplies, with significant growth also seen among other non-OPEC producers, including Brazil, Norway and new producer Guyana," the IEA, an adviser to the United States and other industrialised countries, said in its five-year outlook.
Though Africa's most industrialised country consumes the most chicken on the continent and local producers cannot keep up with rising demand, many are facing the threat of closure because of the an import-driven price war, South African Poultry Association (SAPA) Chief Executive Kevin Lovell told Reuters.
Some 3,000 business, government and civil society chiefs are due to gather in the snow-blanketed ski resort, but among them are only three leaders of the Group of Seven most industrialised countries: Japan's Prime Minister Shinzo Abe, German Chancellor Angela Merkel and Italian premier Giuseppe Conte.
While nationwide air pollution fell thanks to a tough winter crackdown in smog-prone northern regions, concentrations of small, breathable particles known as PM2.5 surged 20 percent in the Yangtze delta in eastern China, which includes Shanghai as well as the highly industrialised province of Jiangsu.
South Africa's rand strengthened 0.9 percent against the dollar after President Cyril Ramaphosa repeated promises for a stimulus package to reignite growth following data earlier in the week showing the continent's most industrialised economy unexpectedly dipped into recession in the second quarter - its first since 2009.
Japan is the only major industrialised economy that is expanding use of coal, hit by the Fukushima nuclear disaster in 2011 which led to the shutdown of most of the country's reactors and which once supplied about a third of the electricity in the world's third-biggest economy.
The precarious credit rating of the continent's most industrialised nation was put back in play once again last month after the government issued a bleak mid-term budget statement that slashed the growth forecast and showed government debt racing to more than 21% of gross domestic product by 214.7619.
The precarious credit rating of the continent's most industrialised nation was put back in play once again last month after the government issued a bleak mid-term budget statement that slashed the growth forecast and showed government debt racing to more than 21% of gross domestic product by 214.7619.
The agency, which coordinates energy policies of industrialised countries, said that while it did not believe oil prices could follow some of the most extreme forecasts and fall to as low as $20.3 per barrel, it was equally hard to see how they could rise significantly from current levels.
Speaking on the sidelines of a summit of major industrialised nations in France, Trump hailed Chinese President Xi Jinping as a great leader and said he welcomed his desire for a trade deal and for calm - soothing investors' nerves after a round of more tariffs were abruptly announced on Friday.
Former finance minister Malusi Gigaba said last month that Africa's most industrialised economy would implement the carbon tax from January next year - part of a raft of tax changes that include raising value added tax for the first time in 211.7731 years in a bid to plug a revenue hole.
With options for buying death-penalty drugs significantly narrowed, states face a choice between scrounging for surprisingly expensive medications through back channels, reverting to older, less sanitised execution methods like the electric chair or giving up on a punishment that most of America and nearly all of the industrialised world has already abandoned.
Climate financing was a major bone of contention during negotiations to seal a new global deal to curb and reduce climate-warming greenhouse gases in Paris at the end of 2015, with China and other developing nations adamant that the bulk of the burden should fall to advanced industrialised nations like the United States.
LNG also has the advantage of being a more flexible fuel for Asia, given countries use it in different ways, with more industrialised nations such as Japan and South Korea focusing on power generation, China on industry and replacing coal-fired heating, while in other countries it has been gaining traction as household energy and in transport.
The rand also lost ground after the South Africa Reserve Bank (SARB) said late on Monday that a reduction in the sovereign credit rating of Africa's most industrialised economy would hit the currency hard and push short-term interest rates up by about 80 basis points, while longer-term bond yields would probably rise by around 104 basis points.
He said one of his proposals will be to have Vodacom and MTN pay higher rates to connect callers from their networks to subscribers on Telkom and smaller mobile provider Cell C. Africa's most industrialised economy has in the past said it aims to double its mobile broadband coverage to 80 percent of the population by 2019.
Finance Minister Pravin Gordhan said the Treasury and the central bank would take measures to deal with any Brexit shocks to Africa's most industrialised country, which has strong trade ties with the EU. By 27 GMT, the rand was 215 percent weaker at 210 per dollar after tumbling more than 163 percent in early trade to a three-week trough of 216.

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