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Rwandan President Seeks Controversial Third Term
President Paul Kagame seeks a third term in office after parliament approved an amendment to the constitution, according to Al Jazeera. Kagame has built a reputation as a reformer,...
2016 Starts with a Whimper
Economic data proved so weak at the beginning of 2016 that global markets fell and China halted stock trading. In China, the Caixin Purchasing Managers Index (PMI), released by...
Nigeria Seeks IMF Assistance as Economy Struggles
The sting of low oil prices has forced Nigerian president Mahammadu Buhari to seek help from the International Monetary Fund, according to Reuters. The president plans to boost spending...
India Seeks Leadership Role on Behalf of WTO Developing Nations
India felt snubbed following the World Trade Organization's talks in Nairobi in December, and the resulting decision to table Doha, so the country's leaders have become much more vocal...
Investor Worries Carry Over to the New Year
As trading begins in 2016, investors fret over the trends in oil and equities that dominated the last two years. U.S. equities ended 2015 with a 2.15 percent loss,...
2015 In Review: Collapsing Oil, Weakening Housing, Flat Equities
As 2015 winds to a close, economists examine the major trends in the American economy, noting a combination of deflationary effects that point to weak demand and possible volatility...
Argentinean President Seeks Transparent Government
The government issued a "national statistical emergency" as President Mauricio Macri seeks to reform how Argentina gathers statistics in pursuit of an accurate depiction of the economy, according to...
IMF Chief Warns That Global Growth May Disappoint in 2016
As most people look forward with hope to the potential of a new year, the International Monetary Fund's (IMF) Managing Director, Christine Lagarde, warned of a disappointing global economic...
U.S. Government Agencies Create New Mortgage Derivatives
Two mortgage firms largely under government control create a new financial instrument similar to those that caused the global financial crisis of 2008. Fannie Mae and Freddie Mac, two...
Saudi Arabia Makes Energy Cuts in Preparation for Lower Oil Prices
The Saudi monarchy plans to overproduce oil to maintain market-share, but the state will have to make cuts to compensate for the supply glut, according to Arabian Business. The...