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Markets and Finance

China’s investment in Ethiopia

Ethiopia light train. A project funded by China On the 20th of September 2015, Ethiopia’s Addis Ababa Rail project, a light rail transportation system, began its operation. The urban rail project, valued at $475m, is funded by China. In addition, Beijing shows its vital role in Ethiopia’s infrastructure construction...
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Markets and Finance

Panama improves compliance, but remains on FATF grey list

Panama is working on conforming FATF standards to become an internationally recognized place for business Unlike many of the other prominent offshore jurisdictions, Panama has been slow to adopt regulations to improve financial transparency and protection against money laundering. However, under pressure from the Financial Action Task Force (FATF),...
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Markets and Finance

Colombia is one of the best emerging economies of Latin America

Bogotá, Capital of Colombia flaunts the country's growth. Nowadays, countries in South America and Africa are sweeping prejudices of the world. These countries for many years were considered less developed and poor compared to North American and European nations. These emerging economies of Africa and Latin America are now...
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Markets and Finance

Cost of borrowing in Costa Rica at 9-year low amid increased foreign investment

Low borrowing cost and growing FDI in Costa Rica A continued flow of foreign investment, driven by government efforts to promote the highly-skilled Costa Rican workforce abroad, has strengthened the local currency and controlled inflation. This increased investment and its calming effect on inflation has given the central bank...
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