African Union Celebrates 50th Anniversary. UN Secretary General Joins

By ONE Liners Agency
May 25' 2013

African Union has stepped into the 5oth anniversary to work together for the betterment of the continent. AU Chairman and Ethiopian Prime Minister Hailemariam Desalegn opened the celebrations in presence of UN Secretary General Ban Ki-moon, US Secretary of State John Kerry and Brazilian President Dilma Rousseff.

Desalegn said the union should work forward in creating Africa free from poverty and conflict, and the citizens in the continent should enjoy a middle income status.

African Union started in 1963 as Organisation of African Unity (OAU) during the dawn of independence.

Speaking to the AU's modern at the Chinese-built headquarters in Ethiopian capital Desalegn said today they are meeting at such a time when the continent is rising. He also appreciated China for their investment support in billions to assist their infrastructure endeavours.

Africa is now home to several fastest-growing economies and in recent years have attracted foreign investment in huge amounts.

Moamer Kadhafi's death in Libya's 2011 conflict stripped major source of funding for the AU. Crisis in Mali will be one of the top most agendas of the meet along with the political deadlock in Madagascar and Democratic Republic of Congo since 2009.

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May 25, 2013 | 0 comments

Brazil Gets First Woman President, Dilma Rousseff

By GAUTAM Jha

BRAZIL NEWS - Lula's designated successor- Dilma Rousseff has finally become the the first-ever woman president of Brazil. She got over 56 per cent of the valid ballots as compared to 44 per cent of her rival- Jose Serra, social democrat. Ruling-party has supported her candidature till she became the favourite candidate for the post of president. Her win is considered as the extensions of the policies of popular president President Luiz I nacio Lula da Silva.

M s. Rousseff, 62, will be inaugurated on January 1 at the helm of the world’s eighth-largest economy, with a four-year mandate and a majority in both houses of Congress.

She accepted the challenge of succeeding Lula. This would be difficult but confident enough to do it. She has the knack how to honour his legacy as well as how to consolidate his work and build upon it. An almost tearful Ms. Rousseff said of her mentor in her first address as president-elect, before an auditorium filled with PT officials.

She lacks Lula’ s charisma, as was apparent when she read her first speech after the election. In her 15-minute talk, however, Ms. Rousseff highlighted her historic position as Brazil’ s first female president.

Ms. Rousseff said her most “ fundamental commitment” would be the eradication of poverty and
the creation of opportunities for all. She emphasized economic development, the fight against “ the protectionism of rich countries,” and the need to put an end to financial speculation which increases “ the volatility of capital and currencies.”

The hugely popular Lula, 65, was barred from serving more than two consecutive terms, and he threw his weight behind Rousseff, who is an economist and once trained as a guerrilla fighter during Brazil’s military dictatorship.

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November 02, 2010 | 0 comments