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Concerns are mounting regarding the price South Africa will have to pay to stage the 2010 World Cup, the largest sporting extravaganza after the Olympics, with the project already facing massive cost overruns.
A new 45 km jet fuel pipeline recently opened running between Sharjah International Airport and the Hamriyah Free Zone (HFZ). The line and associated 50,000 tonne storage facility at the HFZ are expected to further boost economic expansion in Sharjah and the other Northern Emirates.
While liberalisation has opened the floodgates for major players to enter the market, the stop-and-go privatisation of the fixed-line carrier Ukrtelecom has left the company at the mercy of the country's ever-changing governments.
The EU's new tougher restrictions on Bulgaria's greenhouse gas emissions have the potential to slow the country's economic growth and burden heavy industry with increased costs.
The programme to reform South Africa's tariff system has been given fresh impetus, heralding a renewed drive for the policy backed by Finance Minister Trevor Manuel and first promoted by him when in charge of the department of trade and industry (DTI).
A government ministry has announced this week the creation of a regulatory agency to oversee the growth of e-commerce in Indonesia, creating a clear framework for the further development of online commerce.

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