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South Africa's trade deficit for March was well below expectations, showing little rise on the previous month's figure, though experts are divided whether this represents a trend or an extended blip.
It was announced this month that Ukraine will co-host the 2012 European football championship with Central European neighbour Poland.
In 2006, Turkey received 19.6bn cubic metres (bcm) of gas from Russia (63% of total gas imports) of which 7.4 bcm came through Blue Stream, a major trans-Black Sea gas pipeline that carries natural gas directly from Russia to Turkey.
Taiwan's two biggest airlines, China Airlines and Eva Air, suffered first quarter losses at a time when there is increased domestic competition from the high speed train and a fall in cargo volumes.
Easy and fast transportation are crucial assets for the Northern Emirates, which rely on the proximity of more populous Dubai to attract residents and businesses, and whose industrial development depends on the existence of a modern transport infrastructure.
The Philippine government announced in late April that it would provide P34bn ($717m) in loans to small- and medium-sized enterprises (SMEs).

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