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Vol 57 No 15

Published 22nd July 2016


Angola

Dos Santos takes stock, shares

As the President plans his succession, he takes a stronger hold of the economy while promoting his daughter to giddy heights

The centre of Angolan politics shifted to Spain this month as President José Eduardo dos Santos arrived for his twice-a-year retreat on 2 July. It is in Barcelona that he takes stock and advice, relaxes and makes key decisions. Yet since his previous sojourn in the Catalonian capital at the end of last year, the economic and financial situation in his country has worsened considerably. Nevertheless, and thanks in part to China, Dos Santos still felt financially strong enough to call off talks with the International Monetary Fund.

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