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Tipping point looms for South Africa as economy’s despair grows

Bloomberg Not since Nelson Mandela walked out of Victor Verster prison 26 years ago have investors been gloomier about South Africa’s economy. Money is pouring out at a record pace as inflows dwindle. The rand has plunged and unemployment is the highest among almost 40 developing nations tracked by Bloomberg. Drought is driving up food costs. Hanging in the balance ...

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Relevance of changing markets to Expo ’17 Astana

When Kazakhstan bid to host the 2017 EXPO in its capital Astana, it must have surprised many observers. It was not just that no country from the former Soviet Union had yet to host EXPO, but the theme we chose was future energy. After all, Kazakhstan is one of the world’s largest oil and gas producers. Promoting new energy sources ...

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Market calm may be only a brief reprieve

Last week, global equity investors got a much-needed reprieve from volatile, loss-inflicting markets. But rather than signaling the start of a calmer market phase, this may well prove a prelude to renewed volatility in the weeks ahead. After ending the last trading session of the previous week with a gain, global stocks got off to a good start last Monday. ...

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