Deep and long

Article Abstract:

The economic slump in Thailand is proving deeper and lasting longer than had been expected. This could be because the Thai government has not implemented many of the promised economic reforms or because policies dictated by the International Monetary Fund have proved inappropriate. The country's banking system remains insolvent, with more than a third of all loans probably non-performing. It is estimated that it will cost more than $20 billion to recapitalize the banking system. This is more than the entire current capitalization of the stock market.

Economic aspects, Thailand

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Deep, deeper, deepest

Article Abstract:

Many countries are bemoaning the current state of their economies, with the US in particular doing the most complaining. Using the strict technical definition of recession the US one is only the second mildest of the eight countries currently in recession. Finland's is the most severe.

Evaluation, Recessions

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Plunging in at the deep end

Article Abstract:

South Africa's decision to send a 'protection force' of 1,400 soldiers to Burundi reflects the desire for South African Pres Thabo Mbeki for a more active foreign policy. South Africa appears to be seeking a role as leader of Africa.

Foreign operations, South Africa, Political aspects, International relations, Burundi, Mbeki, Thabo, Peacekeeping forces

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