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Greece's market liberalisation may not work wonders

Location:

GREECE

Freer access to markets and the professions has been recommended to stimulate competition, generate growth and benefit consumers. However, the benefits of such an approach for the…

ASEAN airline liberalisation faces headwinds

Location:

ASEAN

Update on ASEAN airline sector liberalisation.

WTO accession will bring slow benefits for Kazakhstan

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KAZAKHSTAN

Kazakhstan's WTO membership.

Tourism shift may aid a balanced recovery in Africa

Location:

AFRICA

However, in many places, this has been mostly driven by rising commodity prices, and has therefore been both uneven and hostage to global markets. Reviving tourism is seen as a…

Saudi leadership will modernise but uphold religion

Location:

SAUDI ARABIA

In Saudi Arabia, more than 2 million Muslims performed hajj (the annual pilgrimage required of all Muslims in their lifetimes to Islam's holiest sites, Mecca and Medina), reaching…

Kenya-South Africa airline merger may stabilise sector

Location:

KENYA-SOUTH AFRICA

One of the items reportedly on the agenda was a proposed partnership between the two countries’ ailing national carriers, South Africa Airways (SAA) and Kenya Airways (KQ), in an…

Greek debt deal will bring fresh elections soon

Location:

GREECE

The new programme will support recapitalisation of the banking system, allow orderly -- rather than fire-sale -- divestment of state-owned assets and promote liberalisation of the…

Cuban 'opening' will be gradual and limited

Location:

CUBA

Although the promise of Cuba's 'opening' has brought a rush of high-level US and European visits, change will be slow. Negotiations to restore diplomatic relations with…

Ailing Kenyan carrier will face more competition

Location:

KENYA

Despite low fuel costs and the global airline industry running profitable operations, Kenya Airways has recorded multiple years of losses, leading the company to consider a…

Puerto Rico control board will squeeze debt holdouts

Location:

PUERTO RICO

The announcement would mark the largest subnational bankruptcy in US history, with Puerto Rico facing debt obligations of 73 billion dollars from an array of public entities and…