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Emerging & Frontier Markets

Emerging Markets Roundup: Africa

G HANA INVESTS IN RENEWABLES By Antonio Guerrero UK-based Blue Energy will invest $400 million to build Africa’s largest solar photovoltaic power plant in Ghana. The Nzema project will produce 155 megawatts, increasing the country’s generating capacity ...

Emerging & Frontier Markets

Emerging Markets Roundup: Brazil

BP TO EXPAND ETHANOL PRODUCTION By Antonio Guerrero Aiming to accelerate industrial growth, the Brazilian government extended its PSI investment program through 2013, providing $48 billion in financing to support subsidized loans for industrial producers to invest in ...

Emerging & Frontier Markets

Emerging Markets Roundup: China

SEC PROBE CASTS SHADOW ON CHINESE FIRMS’ US LISTINGS By Thomas Clouse The US Securities and Exchange Commission filed charges against the Chinese branches of five international accounting firms in December for failing to provide information related to ...

Emerging & Frontier Markets

Emerging Markets Roundup: India

FDI Reforms Get Parliamentary Approval By Aaron Chaze Both the lower and upper houses of India’s parliament voted during the first week of December to allow foreign direct investment in India’s domestic retail sector—a major win for prime ...

Banking

Emerging Markets Roundup: Middle East

NEW SAUDI MORTGAGE LAW COULD SPUR HOUSING BOOM By Gordon Platt The Saudi Arabian Monetary Agency, the kingdom’s central bank, issued new regulations governing the enforcement of foreclosures as part of a new mortgage law that has been ...

Emerging & Frontier Markets

Emerging Markets Roundup: Russia

BATTLE RAGES ON FOR NORILSK NICKEL By Kim Iskyan Russia’s economy continued to show signs of slowing, as preliminary GDP for October 2012 clocked in at a very weak 2.3%, marking the fifth consecutive month of deceleration. ...