"A host of energy firms have so far refused to do business with the U.N.-backed Libyan government until a peace treaty is signed, another blow to the institution’s bid to build a new National Oil Co. …
Nigeria: U.S $700 Million Sovereign Wealth Fund Missing
"The federal government has said $7 million out of the $1 billion in the Sovereign Wealth Fund (SWF) is missing from the fund's account. The Ad-Hoc Committee of five governors on the management of the …
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U.S. Is Set to Allow More Business Activity in Cuba
"The Obama administration is poised to loosen a range of regulations to allow for expanded U.S business activity in Cuba as Washington thaws long-frozen trade ties with the country." Source: U.S. Is …
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Obama upbeat on prospects for Pacific trade deal
"U.S. President Barack Obama said on Wednesday he was confident Pacific Rim nations could nail down an agreement on a free-trade pact this year although approval by the U.S. Congress was not …
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Tunisia eyes enhanced security to win back tourists
"Tunisia has seen tourism numbers plummet after a gunman killed dozens of holidaymakers at a beach resort in June, but hopes increased security at hotels, airports and museums can start to restore …
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Brazil’s economy tanks as multibillion-dollar corruption scandal expands
"Just a few years ago, Brazil was a favorite of investors — one of the ‘BRICS’ group of emerging markets named for Brazil, Russia, India, China and South Africa. Its economy grew more than 7 percent …
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Brazil announces $17bn in taxes and spending cuts to combat recession
"Brazil’s government has announced spending cuts and tax increases totaling 65bn reais ($16.9bn) as it races to close a budget deficit that led to a downgrade of the country’s credit rating last week. …
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Assessing the Chinese Government’s Role in the Stock Markets
"China’s stock market crisis rolls on. On Monday, markets experienced their biggest drops since late August. Throughout the summer, the Chinese government intervened forcefully to try to slow or …
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China is dumping U.S. debt
"It's no secret that China is the largest holder of U.S. debt. So should Americans be concerned that China has started dumping some of its Treasury holdings? After all, it raises serious questions …
South African Gold on the Brink With Half of Mines Losing Money
"South Africa’s gold mines, the deepest and among the oldest in the world, are in big trouble. The four largest producers in the country are losing money on about 35 percent of production at current …
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