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Country Report Lesotho
The Economist Intelligence Unit, May 2013 , Pages: 22The president of the Lesotho Court of Appeal, Michael Ramodibedi, has responded to calls for his resignation by taking legal action against the prime minister, Tom Thabane. The standoff between Mr... -
Country Report Malawi
The Economist Intelligence Unit, May 2013 , Pages: 26The Reserve Bank of Malawi (RBM, the central bank) announced that it was leaving its benchmark interest rate unchanged at 25% after its latest monetary policy meeting on May 7th. After raising its... -
Country Report Kuwait
The Economist Intelligence Unit, May 2013 , Pages: 24Provisional data released by the Central Bank of Kuwait (CBK) for 2012 show that the country's balance of payments continues to be dominated by oil exports. The current-account surplus rose by 19.6%... -
Country Report Albania
The Economist Intelligence Unit, May 2013 , Pages: 32The consumer price index (CPI) rose by 2.3% year on year in April, according to the Institute of Statistics (Instat), sightly down from 2.4% in March, but still within the central bank's target band.... -
Country Report Bulgaria
The Economist Intelligence Unit, May 2013 , Pages: 26After three months of year-on-year growth, industrial output contracted in March and was 3.6% lower than a year earlier. Industrial activity (calculated on a working-day-adjusted basis) picked up... -
Country Report Turkmenistan
The Economist Intelligence Unit, May 2013 , Pages: 27A new rail link between Kazakhstan and Turkmenistan opened on May 11th on a route that will extend into Iran, opening access to the Middle East from the Caspian region. The Kazakh president, Nursultan... -
Australia - Digital Economy - Advertising, Statistics and Revenues
Paul Budde Communication Pty Ltd, May 2013 , Pages: 15An increase in advertising spending on the mobile sector came in 2012 as smartphone penetrations increases and users are quite often making their smartphones and tablet their primary device. Advertising... -
Country Forecast Romania Updater
The Economist Intelligence Unit, May 2013 , Pages: 18The Social Liberal Union (USL) won a decisive majority at the general election in December 2012, putting it in a powerful position to pursue its policy agenda in 2013-16. However, disagreements between... -
Country Forecast Hungary Updater
The Economist Intelligence Unit, May 2013 , Pages: 17The centre-right Fidesz-Hungarian Civic Union (Fidesz) has the strongest mandate of any government since the fall of communism. Real GDP fell by 1.7% in 2012. Another shallow recession in the euro zone... -
Country Forecast New Zealand Updater
The Economist Intelligence Unit, May 2013 , Pages: 17New Zealand will benefit from a stable political environment in 2013-17. The National Party retained power with a strengthened mandate in the November 2011 election, but relies on what is potentially... -
Country Risk Service Hungary Updater
The Economist Intelligence Unit, May 2013 , Pages: 19The centre-right Fidesz-Hungarian Civic Union (Fidesz) has the strongest mandate of any government since the fall of communism. Real GDP fell by 1.7% in 2012. Another shallow recession in the euro zone... -
Country Risk Service Romania
The Economist Intelligence Unit, May 2013 , Pages: 24The Social Liberal Union (USL) won a decisive majority at the general election in December 2012, putting it in a powerful position to pursue its policy agenda in 2013-16. However, disagreements between... -
Country Report Vietnam
The Economist Intelligence Unit, May 2013 , Pages: 24The Communist Party of Vietnam (CPV) will maintain a firm grip on power despite factional splits over economic policy. Although public support for the government has waned, there is no prospect of major... -
Country Report Cayman Islands
The Economist Intelligence Unit, May 2013 , Pages: 17In early May, the UK inked a landmark agreement with its overseas territories in the Caribbean, which will make it more difficult for UK citizens to evade tax by holding accounts in off-shore Caribbean... -
Country Report Turks and Caicos Islands
The Economist Intelligence Unit, May 2013 , Pages: 9In early May, the UK inked a landmark agreement with its overseas territories in the Caribbean, which will make it more difficult for UK citizens to evade tax by holding accounts in off-shore Caribbean... -
Country Report Bermuda
The Economist Intelligence Unit, May 2013 , Pages: 19In early May, the UK inked a landmark agreement with its overseas territories in the Caribbean, which will make it more difficult for UK citizens to evade tax by holding accounts in off-shore Caribbean... -
Country Report Syria
The Economist Intelligence Unit, May 2013 , Pages: 25On May 11th two car explosions led to the deaths of at least 47 people, in the Turkish border town of Reyhanli; the Turkish government has accused Syrian intelligence agencies of being involvement in... -
Country Report Sri Lanka
The Economist Intelligence Unit, May 2013 , Pages: 20In early May a prominent critic of the government, Azath Salley, was arrested under Sri Lanka's Prevention of Terrorism Act (PTA) on charges of threatening national unity. Following protests by opposition... -
Country Report Sudan
The Economist Intelligence Unit, May 2013 , Pages: 24On May 7th the IMF advised Sudan to prioritise spending earnings from South Sudanese oil on agriculture. Speaking to Reuters, the chief IMF official in Sudan, Paul Jenkins, said that the Fund expected... -
Country Report Guinea
The Economist Intelligence Unit, May 2013 , Pages: 24The mining sector constitutes the largest source of foreign exchange and revenue for the government. However, large-scale mining investments are currently on hold owing to both ongoing uncertainty regarding... -
Country Report Burkina Faso
The Economist Intelligence Unit, May 2013 , Pages: 26The annual government review of the progress on Burkina Faso's growth and poverty reduction strategy, the Stratégie de croissance accélérée et du développement durable (SCADD), has revealed that implementation... -
Africa Asia Monitor: A Commentary and Analysis on Asia's Economic, Investment and Political Dealings with Africa - Issue 4
Consultancy Africa Intelligence (Pty) Ltd, May 2013 , Pages: 73This Africa Asia Monitor provides expert commentary and analysis on Asia's economic, investment and political dealings with Africa It is of special interest to business leaders, government officials,... -
Country Forecast Greece Updater
The Economist Intelligence Unit, May 2013 , Pages: 18A fragile three-party coalition led by the centre-right New Democracy (ND) and including two centre-left parties took office in June 2012. The Economist Intelligence Unit expects the coalition to fall... -
Country Forecast Cuba Updater
The Economist Intelligence Unit, May 2013 , Pages: 16Systemic changes to the tightly controlled political system are unlikely. The closer than expected outcome of the Venezuelan presidential election in April has sharpened Cuban policymakers' concerns... -
Country Report Bosnia-Hercegovina
The Economist Intelligence Unit, May 2013 , Pages: 26The failure of Bosnia and Hercegovina (BiH) to adopt reforms, as required by the EU, has prevented the country from applying for EU membership so far. Lack of consensus among BiH politicians will further... -
Country Risk Service Iraq Updater
The Economist Intelligence Unit, May 2013 , Pages: 17The Economist Intelligence Unit expects the political situation in Iraq to remain unstable. Following the withdrawal of US forces there will be intermittent spikes in violence, but we do not expect... -
Country Forecast Chile Updater
The Economist Intelligence Unit, May 2013 , Pages: 18Campaigning for the November 2013 presidential and congressional elections will dominate politics. Despite the government's strong economic record, the ruling Coalición will struggle to win presidential... -
Country Forecast India Updater
The Economist Intelligence Unit, May 2013 , Pages: 18With less than a year left before the current parliamentary term ends, the embattled Indian National Congress-led United Progressive Alliance (UPA) coalition government is keen to counter the perception... -
Country Risk Service Bosnia-Hercegovina Updater
The Economist Intelligence Unit, May 2013 , Pages: 18Political stability in Bosnia and Hercegovina (BiH) is set to remain precarious, despite the resolution in November 2012 of a six-month crisis that had paralysed the central government. The Economist... -
Country Forecast Ireland Updater
The Economist Intelligence Unit, May 2013 , Pages: 16The Economist Intelligence Unit expects the Fine Gael-Labour Party coalition to serve its full term to early 2016. However, austerity and economic restructuring have eroded its popular support, which... -
Country Risk Service Cuba Updater
The Economist Intelligence Unit, May 2013 , Pages: 17Systemic changes to the tightly controlled political system are unlikely. The closer than expected outcome of the Venezuelan presidential election in April has sharpened Cuban policymakers' concerns... -
Country Risk Service Uganda Updater
The Economist Intelligence Unit, May 2013 , Pages: 19The president, Yoweri Museveni, and his National Resistance Movement (NRM) will continue to dominate the political scene following a resounding victory in the February 2011 elections. There may be some... -
Country Report Guinea-Bissau
The Economist Intelligence Unit, May 2013 , Pages: 22The IMF, following a visit to the country in the context of the annual Article IV consultations, has underlined the fragile state of the economy. Divisions between the legislature and executive following... -
Country Report Rwanda
The Economist Intelligence Unit, May 2013 , Pages: 25Robert Mathu, the executive director of Rwanda's Capital Market Authority, has said that he expects initial public offerings (IPOs) for Banque Commerciale du Rwanda (BCR) and RwandAir in 2013‑14. The... -
Country Report Zimbabwe
The Economist Intelligence Unit, May 2013 , Pages: 25In early May the government held a series of public consultation meetings to discuss proposed new mining policies. The draft policy refers repeatedly to the need for "equity" and "equitable arrangements",... -
Country Report Nepal
The Economist Intelligence Unit, May 2013 , Pages: 22On May 5th the foreign donor community decisively reiterated its reluctance to fund the creation of commissions to investigate local human rights abuses. The establishment of a Truth and Reconciliation... -
Country Report Botswana
The Economist Intelligence Unit, May 2013 , Pages: 24The government-owned Okavango Diamond Trading Company is to conduct its first sale of rough diamonds in June, with regular sales to be held from September. The sale will be a significant step towards... -
Country Report Yemen
The Economist Intelligence Unit, May 2013 , Pages: 25A new government body, the Executive Bureau for the Acceleration of Aid Absorption (EBAAA), set up in February to spend US$8.1bn of aid pledged to Yemen, remains without a managing director after the... -
Country Forecast Mexico Updater
The Economist Intelligence Unit, May 2013 , Pages: 17After the approval of important labour, education and telecommunications reforms, the agenda of the president, Enrique Peña Nieto of the Partido Revolucionario Institucional (PRI), will turn... -
Country Forecast Serbia Updater
The Economist Intelligence Unit, May 2013 , Pages: 16The Economist Intelligence Unit expects the Serbian Progressive Party (SNS) to increase its political leverage in the government at the expense of its main coalition partner, the Socialist Party of... -
Country Risk Service Serbia
The Economist Intelligence Unit, May 2013 , Pages: 23The Economist Intelligence Unit expects the Serbian Progressive Party (SNS) to increase its political leverage in the government at the expense of its main coalition partner, the Socialist Party of... -
Country Risk Service Mexico
The Economist Intelligence Unit, May 2013 , Pages: 25After the approval of important labour, education and telecommunications reforms, the agenda of the president, Enrique Peña Nieto of the Partido Revolucionario Institucional (PRI), will turn... -
Country Forecast Angola Updater
The Economist Intelligence Unit, May 2013 , Pages: 17The president, José Eduardo dos Santos, and his ruling party, Movimento Popular de Libertação de Angola (MPLA), have fully consolidated their hegemony over the Angolan political... -
Country Risk Service Kenya
The Economist Intelligence Unit, May 2013 , Pages: 23The prospects for political stability have improved owing to the mostly non-violent nature of the March 2013 election, the high turnout and the new and reformed institutions being put into place under... -
Country Risk Service Angola Updater
The Economist Intelligence Unit, May 2013 , Pages: 18The president, José Eduardo dos Santos, and his ruling party, Movimento Popular de Libertação de Angola (MPLA), have fully consolidated their hegemony over the Angolan political... -
Country Report Benin
The Economist Intelligence Unit, May 2013 , Pages: 25After much delay, the National Assembly's appointment of members of the Comité d'orientation et de supervision (COS), should bring delivery of the new voter list, the Liste électorale permanente informatisée... -
Country Report South Korea
The Economist Intelligence Unit, May 2013 , Pages: 27On May 9th the Bank of Korea (BOK, the central bank) cut its main policy interest rate, the base rate, by 25 basis points, from 2.75% to 2.5%. The move comes amid ongoing concern about the lack of... -
Country Report Armenia
The Economist Intelligence Unit, May 2013 , Pages: 31Municipal elections were held in the Armenian capital, Yerevan, on May 5th. The electorate's votes determined who would be the city's mayor and which party would control the local government bodies.... -
Country Forecast Russia Updater
The Economist Intelligence Unit, May 2013 , Pages: 16Despite his success in the presidential election in March 2012, Vladimir Putin no longer has the same commanding position that he had after the presidential elections in 2000 and 2004. The aura that... -
Country Report Mongolia 2nd Quarter
The Economist Intelligence Unit, May 2013 , Pages: 19Tensions and disagreements between the Democratic Party (DP), which won the 2012 parliamentary election, and the formerly ruling Mongolian People's Party could pose risks to political stability in the...
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