Power struggle increases the world price of cocoa
After Jamaica, Ivory Coast may be the next country, which may bankrupt. The African country gives more than one-third of world's cocoa production.
The problem is that, because of power struggles in Ivory Coast noone can sign the relatively small, 29 million USD debt, towards British Standard Bank, although Ivory Coast is regarded as a rich country with 3.3 billion USD foreign currency reserves. The deadline of the repayment was expired on the 31st of December 2010 – reports Népszabadság Online.
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