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North African Companies Coping with the Global Economic Crisis

19 January, 2009 01:05:00 Arezki Daoud
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The global economic meltdown is being felt in different ways by North African companies but ultimately the outcome is the same: pain and uncertainty.

Here are three examples to illustrate the issue, starting with Sonatrach’s potential inability to get its money back from LyondellBasell, Morocco’s OCP plant closing, and a substantial scaling back of Arcelor Mittal position in North Africa. Continue here.

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