News Desk

Nigerian President Continues to Fight Corruption and Downtrodden Economy

Date: 1 March 2016

After a year in office, President Muhammadu Buhari has failed to kick-start the economy, but he presses forward. Corruption, depleted foreign reserves, and lower oil prices remain an impediment to progress, but the new president has time to make additional reforms. Nigeria also suffers from a skyrocketing unemployment rate that has forced many people to turn to crime and religious extremism.

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Singapore, Iran Sign Investment Treaty

Date: 1 March 2016

Following its landmark agreement with the international community regarding halting its nuclear weapons development programs, Iran has exploded onto the world stage. In what is the most recent in a series of new economic treaties and alliances, Iran and Singapore have signed an investment treaty designed to support Singapore companies that seek to invest in a market that, until recently, was embargoed from the outside world.

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Moldovan Public Livid as Corruption Strangles Economy

Date: 29 February 2016

Moldova’s government contends with widespread protests, as citizens grow furious with a system managed by oligarchs, according to Voice of America. Financial supporters from the West have frozen financial assistance until Moldovan leaders address corruption. Moldova is an Eastern European nation that neighbors Romania and Ukraine and is one of Europe's poorest economies.

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Jordan Seeks Additional Funds from World Bank to Deal with Refugee Crisis

Date: 29 February 2016

On Sunday, Jordan asked the World Bank to increase its financial support to the Middle Eastern nation that now claims that one-third of its population consists of refugees. The refugees represent an enormous drain on the nation's resources, but without Jordan's support, these people would be caught in the crossfire of war in neighboring nations like Syria.

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