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View Full Version : Ghana's Oil-Driven North-South Divide Erodes Support for President Mills - Bloomberg



NewsWhore
02-07-2012, 04:40 AM
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Bloomberg (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFw_h3YxI5jhTx5TDHX6VX94u-BAw&url=http://www.bloomberg.com/news/2012-02-07/ghana-s-oil-driven-north-south-divide-erodes-support-for-president-mills.html)


Ghana's Oil-Driven North-South Divide Erodes Support for President Mills (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFw_h3YxI5jhTx5TDHX6VX94u-BAw&url=http://www.bloomberg.com/news/2012-02-07/ghana-s-oil-driven-north-south-divide-erodes-support-for-president-mills.html)
Bloomberg
Oil has also helped weaken the cedi as companies seeking to invest in the oil-driven economy exchanged the currency for dollars to buy equipment from overseas. The currency has slumped 2.7 percent this year and hit a 17-year low last month.

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