Talisman insists its exit from Sudan is on course
Date: 5 Mar 2003
Despite a series of delays and set-backs, Canadian energy company Talisman Energy has said that its proposed sale of its stake in the Sudan is to go ahead. The company is keen to bring to an end a chapter of controversy around its presence.
"Although there have been delays, completion of the Sudan sale is progressing," the company said in a statement.
The Swedish oil exploration company Lundin Petroleum is considering reducing its investments in Sudan, but has ruled out a total withdrawal.
Article source: BBC
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In a recent article, the BBC's economics editor Robert Peston highlighted the fact that in 2012 the chances are that the economy - punch drunk as it is from the various flavours of debt crisis it has been pummelled with over the course of the year - will be hit by the collapse of a major bank and / or government.
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