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The food riots in the capital of Mozambique, which reportedly killed
10 and wounded over 400, are a cause for concern. Should they continue,
the financial structure Maputo could be disrupted for an extended
period, which would eventually interfere with international trade, the
flow of payments, the repayment of debts in the ordinary course of
business, and the shipment of materials to the EU and the US. Other
cities have also reportedly had rioting and violence. Watch this matter
carefully, if you have clients who are either trading with Mozambican
companies, or have investments there.
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