South Sudan economy on the verge of collapse, World Bank warns
4 min read| South Sudan Economy On the Verge of Collapse, World Bank Warns AllAfrica.com Washington — The newly independent state of South Sudan is quickly headed towards an economic cliff in light of its decision to shut down oil production which went into effect earlier this year, says a confidential report by the World bank. |
| South Sudan completing withdrawal of police service in Abyei Sudan Tribune May 7, 2012 (JUBA) — South Sudan said on Monday it is completing withdrawal processes of police forces from the contested area of Abyei, apparently in conformity with the United Nations Security Council resolution endorsing roadmap of the Africa Union … |
South Sudan expects Uganda backing vs. Sudan
Kansas City Star –
By RODNEY MUHUMUZA AP KAMPALA, Uganda — A South Sudanese official said Monday that his government expects Uganda to play a substantial role in resolving the border conflict that has at times threatened to plunge South Sudan and Sudan into a full-scale …
Al-Arabiya -
Sudan is struggling to restore its economy after years of war and the break-away of newly formed South Sudan. (Reuters) By Yara Bayoumy Sudan’s dispute with its southern neighbor over oil transit fees has created a $2.4 billion gap in the country’s …
Aljazeera.com –
Al Jazeera learns that 200 troops switch allegiance to South Sudan, accusing Khartoum of destabilising the new nation. More than 200 Sudanese soldiers have defected from the army, accusing Khartoum of deliberately trying to destabilise the newly …
Irish Examiner –
Sudan’s president has said that the conflict with Southern Sudan will not affect close relations between the two peoples. Omar al-Bashir’s comments come days after his government accepted an African Union plan to resume talks with South Sudan, …
NewsDay –
KHARTOUM – Sudan’s dispute with its southern neighbour over oil transit fees has created a 6.5 billion pound gap in the country’s public finances and caused exports to plunge 83 percent, the Sudanese finance minister said on Monday.
Independent Online –
By Reuters Sudan’s finance minister said on Monday a dispute with South Sudan over oil transit fees has caused a 6.5 billion Sudanese pounds ($2.4 billion) gap in the country’s public finances. Ali Mahmoud also said inflation in the first quarter of …
AngolaPress –
Khartoum – Sudanese President Omar Hassan al-Bashir said on Sunday he would not allow conflict with South Sudan to overshadow “strategic relations” with its people, striking a less confrontational tone over a crisis that has raised fears of war.
Bernama –
KHARTOUM, May 7 (Bernama) — The Sudanese government on Sunday said it will transport around 12000 South Sudanese citizens stranded on the border via an air bridge in the coming days, China’s Xinhua news agency reported. Sudanese Minister of Social …
New Vision –
Sudan’s army accused South Sudan on Saturday of having troops on its territory, a sign tensions between the former civil war foes were unlikely to cool despite an international ultimatum to end fighting. Sudanese army spokesman al-Sawarmi Khalid said …
New Vision –
A source at the Sudanese Embassy said that the delegation includes the chairperson of the parliamentary committee on foreign affairs Ahmad Abdulrahman Muhammad and a member of the committee Mr. Mahdi Ibrahim Muhammad. It has not been established …
gulfnews.com –
Khartoum Sudan’s economy has not failed, President Omar Al Bashir said Sunday despite losing billions of dollars in oil revenue, and the unknown costs of a border war with South Sudan. The International Monetary Fund has forecast Sudan’s real gross …
gulfnews.com – May 6, 2012
By Mohammad Fadhel, Special to Gulf News Why are the Sudanese political leaders driving their country from one failure to another, as if failure is an inevitable fate? Sudan, which gained independence on January 1, 1956, was led by an elite group of …
Edmonton Journal – May 6, 2012
KHARTOUM – The United Nations has asked Sudan to hand over four of its staffers who were arrested more than a week ago by Sudan’s army along the tense southern border, a UN report said on Sunday. “The four were UN staff who had been working on a …
The Province – May 6, 2012
Sudanese President Omar al- Bashir addresses supporters during a rally at the ruling National Congress Party (NCP) headquarters in Khartoum April 18, 2012. KHARTOUM – Sudan’s economy has not failed, President Omar al-Bashir said on Sunday despite …
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