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Kenya
‘I stopped Waiguru from taking NYS Sh3.5billion’
Former Devolution PS Peter Mang'iti yesterday told Parliament he prevented former Devolution CS Anne Waiguru and her associates from stealing another Sh3.5 billion from NYS. In a bare-knuckle attack on his former boss, he explained he refused to approve dubious contracts worth Sh3.5 billion. These had been presented for his ...
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Cina India Kenya Etiopia
Furious Kenya to withdraw troops from South Sudan
Kenya has ordered an immediate withdrawal of Kenyan troops currently deployed in South Sudan following the sacking of Lt-General Johnson Ondieki.Ondieki was dismissed by UN chief Ban Ki-Moon as the head of the peacekeeping force in South Sudan after serving for six months.While his sacking is unclear, a document highlighted ...
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Cina
Business: U.S. Commerce chief warns against China semiconductor investment binge
Massive government investment in China's semiconductor industry risks distorting the global market for integrated circuits, leading to damaging overcapacity and stifling innovation, U.S. Commerce Secretary Penny Pritzker has warned.
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Taiwan
Korean-made Ramen Makes Strong Appeal to the Taste of Taiwanese
Korean instant noodles are making strong appeal to the taste of Taiwanese consumers, gaining the strongest popularity there among all import instant noodles. According to the Taipei Office of the Korea Trade-Investment Promotion Agency on November 3, Nongshim's Shin Ramyun ranked No. 3 in the "Top 10 Instant Noodles Loved ...
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Corea del Sud
50 Tril. Won Loss to Be Incurred if Daewoo Shipbuilding Goes out of Business
Daewoo Shipbuilding & Marine Engineering will cut 4,600 employees, or 36 percent of all workers, by 2018. Jung Sung-leep, president of Daewoo Shipbuilding, held a press briefing on November 2 at its headquarters building in Seoul's downtown and said, "We will streamline the number of employees to fewer than 8,000 ...
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Corea del Sud
Construction Research Inst. Predicts Housing Market Down in 2017
An analyst predicted that both home selling prices and jeonse (upfront deposit) prices would fall next year. The Construction Economy Research Institute of Korea held a "2017 construction and housing market outlook" seminar at the Construction Association of Korea building in Seoul's Gangnam on November 2 and said, "The nationwide ...
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Etiopia
Ethiopia: Unrest Worries Foreign Investors
[VOA] In Ethiopia, millions of dollars in investment went up in smoke as protesters attacked foreign companies in the Oromia region. The violence prompted the declaration of a state of emergency last month. But one foreign company managed to stave off an attack with the help of community elders.
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Turchia
Turkey’s Interior Ministry suspends 1,218 more gendarmerie personnel
The Interior Ministry suspended 1,218 gendarmerie personnel from duty on Nov. 3 in the latest measure in the probe into the failed July 15 coup attempt, believed to have been masterminded by the Gülen movement.
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Turchia
Time to extend loan terms as interest rates slashed in Turkey, leading banker signals
Turks will likely witness an extension of loan terms after a series of interest rate cuts by almost all banks, according to a leading banker, who noted that lenders would continue to support the economy.
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Uruguay
Economía.- Estrella Galicia lanza una edición especial de cerveza con motivo de la Navidad
A CORUÑA, 3 (EUROPA PRESS) Hijos de Rivera lanza, con motivo de las próximas fechas navideñas, la cerveza Estrella de Navidad que la compañía saca al mercado cada año por estas fechas "y que se caracteriza por ser 100% malta y elaborada con lúpulo propio cultivado en Galicia".