South Africa's GDP Climbs 4.6% for First Q 2010

South Africa's GDP grew by 4.6%, better than expected. In the US the Business Confidence Index leaped, suggesting that the US economy is doing well. In Europe debt levels of Spain, Italy, Greece, Portugal and Ireland pressurised the Euro Zone. Tensions between North and South Korea caused global markets to plummet as investors sought safe havens. The Rand was trading at R8 to the US$ levels today and the JSE shed just over 2% ....