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Email this article: Weak business laws make Kuwait punch below its weight, says World Bank
Posted: Tue May 29, 2012 9:39 pm
KUWAIT. Kuwait's laws are hampering progress and the Gulf state needs to improve its insolvency laws so that distressed companies can restructure properly.
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INTERNATIONAL. If Russia's "pivot to Asia" results in Moscow and Beijing trading oil between them in a currency other than the dollar, that will represent a major change in how the global economy operates and a marked loss of power for the U.S. and its allies."
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