South Sudan faces impending economic collapse

South Sudan's President Salva Kiir at a news conference in Juba. Kiir's $1 billion investment in military to crash rebellion failed Kiir bought 1000 tractors hoping to restore the collapsing economy but experts say it is just too late(Photograph: Goran Tomasevic/Reuters)

By Havard Bergo, Global Risk Insight May 03,2015(Nyamilepedia) —  Oil production has been slashed and oil revenues hurt by falling prices, depriving the government in Juba of most of the money it desperately needs. The UN warns that South Sudan’s economy is edging towards a complete collapse, as authorities begin printing money to fund state services.…

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