Kenya takes stock

Foreign and local investors were hard hit when Kenya’s nascent stock market plunged in the wake of the financial crisis, but recent government efforts to woo them back with simplified regulation and enhanced systems seem to be working.

Latvian real estate: Selling off a state secret

In a country where the real estate markets have witnessed a spectacular boom followed by an equally spectacular bust – property prices at one point in 2009 were down as much as 75% from their 2007 peaks – it’s no surprise that vendors in Latvia have been pushed to the limits when it comes to trying to drum up much-needed cash.