Uganda owed oil companies $492.5 million in recoverable exploration spending by the end of the 2010-11 year, New Vision said, citing an auditor-general report. The money was invested by the oil explorers and will be recovered from government once production of the resource starts, the Kampala-based newspaper reported.
Austria >> 5/12/2013 - Trends in selected commodity markets
The declining trend in commodities in April has continued, as was confirmed by the
latest World Bank...
Austria >> 5/12/2013 - When the global growth forecast for 2013 was published in July last year at 3.2%, the estimate seemed rather
conservative. However, almost a year lat...
Austria >> 5/12/2013 - Industrialised countries US
The US economy is currently enjoying some positive momentum in its underlying
economy. Wealth cre...
Japan >> 5/11/2013 - Data that has been released on the Japanese economy for the 1Q13 has pointed at continued deceleration when compared to last year. Exports have not en...
Saudi Arabia >> 4/30/2013 - Saudi consumer price inflation is expected to remain manageable throughout the forecast period, in large part reflecting the maintenance of price subs...
Russia >> 4/26/2013 - The federal budget in 2012 recorded a small deficit of Rb 12.8 bn ($420 million), equal to 0.02% of GDP. Excluding oil and gas revenues, the deficit r...
