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Kenya
Is Kenya getting dehustled?
Our economy is being dehustled as Kenyans shift to higher skill levels.
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Corea del Sud
Seoul to pour more money to nurture local materials, parts industries
South Korea will spend 20 billion won ($16.9 million) next year to nurture local industries for materials, parts and equipment for chips, future cars, bio products and nanotechnologies, officials said Wednesday. Finance Minister Hong Nam-ki, unveil
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Emirati Arabi Uniti
Samyang partners up with UAE retailer for Middle East expansion
Samyang Foods said Wednesday it had inked a partnership deal with United Arab Emirates retailer Sarya General Trading to accelerate Spicy Buldak Ramen sales in the Middle East. Under the 2.5 billion-won ($2.1 million) deal signed on Tuesday, Sarya
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Tunisia
Tunisia: Supplementary Finance Act - Budget Deficit Widens and Public Investment Declines
[Tunis Afrique Presse] Tunis/Tunisia -- The state budget deficit for the year 2021 has widened by 38% to 9,792 million dinars (MD), under the Supplementary Finance Act, against 7094 MD provided for by the Finance Act 2021.
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Sudafrica
Africa: Africa Banks Hope On Trade and Investment... As Intra-African Trade Fair Begins
[Ghanaian Times] Durban -- The Intra-African Trade Fair (IATF2021) hosting key stakeholders from the world of trade, including entrepreneurs, financiers, governments, and regulators, on one platform to deliberate on trade acceleration and investment throughout the African continent has opened in Durban, South Africa yesterday.
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Costa Rica
Nuevamente MECO es señalada por el pago de sobornos
La constructora MECO nuevamente es el centro de una investigación por supuestos sobornos y corrupción en Costa Rica, tras el arresto de seis alcaldes el pasado 15 de noviembre como parte de la operación “Diamante”, proceso que busca confirmar el pago de sobornos a funcionarios municipales para ...
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Brasile USA
Brazil’s agribusiness exports break record for October with high prices
RIO DE JANEIRO, BRAZIL - Foreign sales of agribusiness rose 10% compared to the same month in 2020, with prices more than offsetting a 12.5% drop in volumes, according to a study by the Ministry's Secretariat of Trade and International Relations (SCRI). Imports of agribusiness products increased from US$1.2 billion ...
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Brasile USA
E-commerce in Brazil should close 2021 with revenues of US$55 billion
RIO DE JANEIRO, BRAZIL - If on the one hand there was a drop in sales in physical stores, on the other there was an increase in demand for e-commerce nationwide. The National Confederation of Commerce (CNC) estimates that e-commerce in Brazil will close 2021 up 38%. "In terms of ...
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Brasile USA
Brazil approved over US$183 million in additional budget for Communications and Science Ministries
RIO DE JANEIRO, BRAZIL - The endorsement by the Brazilian Congress amended the 2022 Budget Law proposal, presented by the Executive, and leaves behind the memory of the budget allocated to the Science portfolio in 2019, which was cut by 40% and fell to historic levels. This news is comes ...
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Brasile
10% of Peruvian multinationals would prefer to pay their workers in U.S.dollars
RIO DE JANEIRO, BRAZIL - It is nothing new for Peruvians to talk about the devaluation of the official currency, the sol, against strong currencies such as the dollar and the euro. Following the devaluation, many companies have been forced to close or reduce personnel, generating a higher poverty and ...