The weekly free lunch: 9-13 July Reply

If you lost track of the news stories of the week, our Weekly free lunch post will keep you updated.

The top stories that caught our eye:

  • The latest Eurozone deal aims to give the European Central Bank (ECB) greater oversight of the bloc’s banks and to use the eurozone’s rescue funds to reduce countries’ borrowing costs.
  • South Africa has maintained its position at number 70 in the 2012 Index of Economic Freedom, rated below the world average for investment freedom.
  • In South Africa, job losses in June amounted to 31 781‚ bringing the total job losses for the past two months to 85 520‚ according to Adcorp Holdings.
  • Highlighting the global slowdown and interest rate cuts the Business Day editorial argued in favour of a reduction in the repo at the next MPC meeting.

You can read all these stories on our page.

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