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  • Pacifica Bauxite Identifies Potential High-Grade Bauxite Outcroppings in Solomon Islands

    AUSTRALIA, 2017/09/13 Australian miner Pacific Bauxite Limited announced late last week that it has identified three pockets potentially containing high-grade bauxite ore at its South West New Georgia Bauxite Project in the Solomon Islands. The firm said that, of over two hundred samples taken on the site, over half showed soil totaling at least a forty-% concentration of alumina. According to the company’s analysis, the samples outline three distinct outcroppings of high-grade bauxite ore with alumina concentrations of between 55 % and 57 %. Though silicon dioxide levels proved to be higher than bauxite at Pacific’s Nendo Project, over one-third of the samples showed a silicon dioxide level of 16 % or less. The firm said that additional precise results will be available next the samples are tested in the laboratory.

  • UNWTO: International tourism – strongest half-year results since 2010

    AFGHANISTAN, 2017/09/09 Destinations worldwide welcomed 598 million international tourists in the initial six months of 2017, some 36 million additional than in the same period of 2016. At 6%, increase was well above the trend of recent years, making the current January-June period the strongest half-year since 2010. Visitor numbers reported by destinations around the world reflect strong request for international travel in the initial half of 2017, according to the new UNWTO World Tourism Barometer. Worldwide, international tourist arrivals (overnight visitors) increased by 6% compared to the same six-month period last year, well above the sustained and consistent trend of 4% or higher increase since 2010. This represents the strongest half-year in seven years.

  • Pacific medical data project gets philanthropic funding boost

    PAPUA NEW GUINEA, 2017/07/20 A project to reduce preventable deaths in the Pacific by improving medical data has received a significant funding boost from a US philanthropist. $US8.7 million has been donated by Bloomberg Philanthropies, taking its total contribution to the Data for Health project to $US18.8 million. The project is jointly financed by the Australian government and is hosted by the University of Melbourne.

  • Higher earning Why a university degree is worth more in some countries than others

    AFGHANISTAN, 2016/12/11 A university education may expand your mind. It will as well fatten your wallet. Data from the OECD, a club of rich nations, show that graduates can expect far better lifetime earnings than those without a degree. The size of this premium varies. It is greatest in Ireland, which has a high GDP per chief and rising inequality. Since 2000 the unemployment rate for under-35s has swelled to 8% for those with degrees – but to additional than 20% for those without, and nearly 40% for secondary school drop-outs. The country’s wealth presently goes disproportionately to workers with letters next their names.

  • Revised IMF forecasts signal gloom on global economic outlook

    AFGHANISTAN, 2015/01/20 Low oil prices will not provide a sufficient updraught to dispel the clouds hanging over the world economy, the International Monetary Fund said on Tuesday. In a sign of its increasing gloom about the medium term economic outlook, the IMF cut its world economic increase forecasts by 0.3 % points for both 2015 and 2016, despite believing cheaper oil represents a “shot in the arm”.

  • Oxfam Study Finds Richest 1% Is Likely to Control Half of Global Wealth by 2016

    AFGHANISTAN, 2015/01/20 The richest 1 % are likely to control additional than half of the globe’s total wealth by next year, the charity Oxfam reported in a study released on Monday. The warning about deepening world inequality comes just as the world’s business elite prepare to meet this week at the annual World Economic Forum in Davos, Switzerland. The 80 wealthiest people in the world all own $1.9 trillion, the statement found, nearly the same all shared by the 3.5 billion people who occupy the bottom half of the world’s gain scale. (Last year, it took 85 billionaires to equal that figure.) And the richest 1 % of the people, who number in the millions, control nearly half of the world’s total wealth, a share that is as well increasing.

  • Solomon Islands Civil Aviation

    NEW ZEALAND, 2014/02/11 The fate of New Zealand-registered aircraft that crashed on landing at the Honiara International on the Solomon Island airport on Sunday 26th January will be determined based on a final statement by investigators. Director of Civil Aviation George Satu said investigations into the crash is continuing and a final statement should be presented to the minister as any minute at this time as it is finalised. Mr Satu said additional data onto the cause of the crash should be known at the same time as data from the aircrafts black box is returned Monday next week.
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