The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
The US current account deficit surged in the third quarter as a record rebound in consumer spending pulled in imports, outpacing a recovery in exports.
The Commerce Department said on Friday the current account deficit, which measures the flow of goods, services and investments into and out of the country, widened 10.6 per cent to $178.5 billion last quarter.
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