Ivory Coast News
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Updated 2 hours, 41 minutes ago
The following are rainfall figures for Ivory Coast, the world’s biggest cocoa producer, for Feb. 21 to Feb. 29, according to the National Meteorological Service.
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OAO Lukoil, Russia’s second-largest oil producer, recorded a $955 million impairment charge after a venture with ConocoPhillips found less oil than expected.
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Ivory Coast collected 18 percent more taxes than expected in the first two months of the year, said Pascal Kouakou Abinan, director-general of taxes.
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OAO Lukoil, Russia’s second-largest oil producer, recorded a $955 million impairment charge after a venture with ConocoPhillips found less oil than expected.
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Robusta coffee climbed for a second day in London on signs supplies will be limited before the start of the crop in Indonesia, the world’s third-largest producer. Cocoa advanced.
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Venezuelan debt returned the most in emerging markets this month as investors boosted holdings of the oil producer’s bonds on speculation President Hugo Chavez’s deteriorating health will prevent him from seeking re-election.
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Coffee production in Indonesia, the world’s third-largest producer of the robusta variety, will jump 38 percent in the season starting in April, according to Volcafe, the coffee unit of ED&F Man Holdings Ltd.
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Five people were killed in Ivory Coast on Feb. 26 in violence following legislative by-elections, Fraternité Matin reported, citing people it didn’t identify.
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Rain in cocoa-producing countries in West Africa, the world’s main growing region, is set to help the development of the mid-crop, the smaller of two annual harvests that usually starts in April.
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Voting began today in Senegal’s presidential election, with incumbent Abdoulaye Wade vying for a third term after violent protests that threaten to damage the second-biggest economy in West Africa’s currency union.
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