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...they making progress? Definitely," says Edward Najarian, an analyst who follows Citigroup for International Strategy and Investment Group. "Will this be a $30 stock again? Not anytime soon. There has been way too much dilution in shares outstanding...
Mugabe's plans seem to involve using Tsvangirai to unlock those ZANU-PF financial resources that are currently blocked by Western powers. It is these resources that will finance his campaign for the next election. Mugabe also hopes to get credit for any economic progress that comes with...
...reports paint a portrait of a country stuck at the bottom of the class just 2½ years after it joined the E.U. Bulgaria's lack of progress is all the more glaring given the initial assumptions, in both Brussels and Sofia, that E.U. accession would lock in the reform process, pulling Bulgaria into the European mainstream. But the country is still plagued by corruption, gangland violence and feeble law enforcement. The system's failings were all too visible earlier this month, when two men indicted for running a criminal mob involved in racketeering and extortion were freed on bail...
...European Commission, Bulgaria's languid efforts to clamp down on graft and crime are especially dispiriting. Although the commission's report points to piecemeal progress by the authorities, it effectively acknowledges that the carrot of E.U. accession has failed to deliver the promised results: while the scent of membership prompted loud reformist rhetoric, the momentum slipped once Bulgaria joined...
...being fully convertible to other currencies in all financial transactions. The yuan's value is pegged to a basket of currencies likely dominated by the U.S. dollar and is permitted to change each day only within a narrow band. Under such limitations, China's dreams for the yuan cannot progress very far. (Read "Outlook for U.S. Dollar Darkens...