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The volume of trade between Turkey and the US is increasing, as the two countries strive to improve commercial ties despite occasional strains in political and military relations. US officials and private sector groups are promoting Turkey to American businesses as a growing economy in a strategic location with a massive labour force.

El Presidente electo Ollanta Humala está llevando su campaña de inclusión social a los cielos. En su discurso inaugural del 28 de julio, el Presidente Humala anunció que se tomarían todas las medidas necesarias para asegurar que el Perú tuviera su propia línea aérea de bandera y para “promover una mayor apertura y competitividad en el sector de aviación comercial”. El principal objetivo de Humala es hacer los viajes aéreos más accesibles para el peruano promedio bajando los costos y ampliando el transporte hacia el interior del país.

While the world economy is still plagued by uncertainty, Kuwait’s continues to grow, supporting the country’s medium-term development plans. In September, the International Monetary Fund (IMF) lowered its forecast for 2011 global growth to 4%, taking into account the eurozone crisis and US debt, but announced that it expected 5.7% growth in Kuwait.

The RAK Investment Authority (RAKIA) licenced 800 new companies in the first eight months of 2011, a 31% increase from the same period last year, according to Alex Thomas, RAKIA’s general manager of marketing. Most of the new licences were for manufacturing firms, and the number of trading and transport licenses was also up, Thomas said.

With Mongolia’s mining resources set to generate huge national wealth in coming years, a rise in consumer and investor confidence will likely see the retail sector expand rapidly.

Thailand’s construction sector looks set for an increasingly busy time leading into next year, with the new government committed to ramping up infrastructure and housing projects, though the industry is still wary that rising materials costs and higher wages could weaken growth.