Japan’s central bank cuts interest rate to zero, almost

By Andy Rice 5 October 2010

On Tuesday the Japanese Central Bank cut its call rate target to zero to 0.1%. Previously the rate had been set at 0.1%. The decision was unanimous, and reflects the country's continuing economic woes - not helped by a strong yen and deflation. The bank also announced that it is considering setting up a ¥5 trillion fund that will be used to buy government securities and bonds to inject some life into the faltering economy. Read more: AP, via New York Times



As Shaun Abrahams packs his bags, Ramaphosa appoints Silas Ramaite acting NPA head

By Greg Nicolson

The filming of The Beach permanently damaged the ecosystem on the Thai island it was located on.