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South Korea will regain growth momentum

Location:

SOUTH KOREA

Separately, the head of Samsung Electronics -- the cornerstone of the Samsung Group, which contributes around 20% of South Korea’s GDP -- has been cleared of wrongdoing in a…

FATF mission may find Paraguay corruption worsening

Location:

PARAGUAY

The controversial decision coincided with the start of a major international evaluation of Paraguay’s compliance with international guidelines on combatting illicit financial…

Vietnam hopes foreign investors can kick-start economy

Location:

VIETNAM

The government targets 3.0-3.5% GDP growth this year, up from 2.9% in 2020 and despite a nearly 6.2% year-on-year contraction in July-September. A key factor in the fall was the…

Russian recession will weigh on Armenian economy

Location:

ARMENIA

Multilateral financial institutions have slashed their growth forecasts for 2015, with several expecting Armenia to head into recession this year. With Armenia's main economic…

Russia’s influence in Central Asia will wane

Location:

CENTRAL ASIA

During his meeting with his Kazakh counterpart Kassym-Jomart Tokayev in Astana, Putin called the two countries “not just allies, but very close allies”. A month earlier, Putin had…

Japan aims to get its African agenda back on track

Location:

JAPAN/AFRICA

Attended by 21 African heads of state and representatives from 48 African nations, the summit aimed to lay out a framework for Japan-Africa relations for the next three years…

Challenges abound in Uganda’s nascent oil sector

Location:

UGANDA

Ugandan oil sector.

Tensions may surface over Kenya’s early oil production

Location:

KENYA

President Uhuru Kenyatta on June 3 inaugurated Kenya’s Early Oil Pilot Scheme (EOPS), waving off the trucks on their journey from Turkana County to Mombasa. The launch follows a…

Seized Western assets will go to Kremlin allies

Location:

RUSSIA

This follows the transfer of the assets of energy companies Uniper and Fortum three months earlier. Temporary management is likely to end in eventual nationalisation, and a…

Economic slowdown threatens Uganda’s energy plans

Location:

UGANDA

As with the last two NDPs, the plan focuses heavily on major new infrastructure investments, especially on hydroelectric energy infrastructure. However, a marked economic slowdown…