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SUDAN/SOUTH SUDAN - 3 Dec 2012

Money Monday: 5 key stories

This is the sixth edition of ‘Money Monday’ featuring a round-up of financial journalism from or about the two Sudans:

Sudan currency falls to new lows as government sounds warning bell on spending (Sudan Tribune, 2 December) – The pound is trading at 6.5 to the dollar.

Petronas third-quarter net profit falls 22 percent to $4.06 billion (Reuters, 29 November) – The CEO of the Malaysian oil firm says “the damage is mainly from Sudan where we are still struggling to start production.”

Oil exports to resume by end December – official (Sudan Tribune, 2 December) – The new December date announced during talks this weekend in Khartoum is a month later than planned.

South Sudan: Speaker names politicians and generals behind land grabbing (Gurtong Media, 2 December) – The land-rich country sees more bickering between state and national politicians over land use in the growing capital.

South Sudan’s new laws offer a blueprint for a transparent oil sector (Global Witness, 29 November) – A campaign organization calls South Sudan’s new petroleum bill ‘a major achievement.’

Previous edition: 26 November 2012