Tall, thin, copper-rich Chile can often appear an anomaly in South America. Rather than picturesque Andean highlands, kaleidoscopic indigenous groupings, ponchos and pan-pipes that draw shoals of Gap Year students from across the world, it brings to mind images of a glistening economic success story, gleaming skyscrapers in Santiago and a haven of stability among more »
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The debate on how Ghana should deploy it's oil wealth continues. Guardians of fiscal rectitude are concerned that the government budget has already leapt with joy to a deficit high point of over 10% of GDP before the first barrel's even been landed. That hasn't stopped the government getting locked into a huge argument over the sale of the Kosmos interest to ExxonMobil, with all the accompanying accusations of vested interests on all sides. An earlier promise to publish all the oil contracts has not materialised, though the Revenue Watch Institute are still working on it.