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Russia was the second largest weapons exporter accounting for 23 per cent of all global arms sales in 2016.
India and China are expected to consume medicines at a faster rate than any other country over the next five years.
But political tensions in South Africa could derail the government's economic growth plans, experts say.
The combined Vodafone-Idea group are set to become India's largest telecom operation with almost 400 million customers.
Saudi Arabia is hoping to sign a free trade deal with China in the coming months.
An increase in US shale oil production has kept benchmark oil prices lower than expected.
The deal is designed to balance trade between the two countries.
But PMI manufacturing data for the first two months of 2017 suggests better manufacturing production conditions.
It may not be the best indicator of an improving economy, but Brazil's jobless rate has been declining since 2015.
