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Partner PerspectivesApr 24, 2019 | 10:00 GMT
Containerships in Saudi Arabia's Jeddah Islamic Port on Dec. 13, 2007.
Year-on-Year Deficits Brewing in Gulf Economies
More spending, low growth and recurring deficits are not a recipe for long-term economic sustainability, but this concoction may be a necessary pill for Gulf states to swallow as the hard work of economic reform sets in.
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SITUATION REPORTFeb 11, 2019 | 18:16 GMT
South Africa: Electric Utility Eskom Resumes Load Shedding
South African electricity company Eskom has resumed its practice of partially interrupting power supply, a maneuver known as load shedding, for the first time since December 2018, News24 reported Feb. 11. Meanwhile, Moody's Investment Services has cast doubt on President Cyril Ramaphosa's decision to split Eskom into three smaller companies and whether it will be sufficient to address the company's mounting debt and economic risks.
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