South Africa, which lost its last remaining investment-grade credit rating in late March, will fall out of the index. Originally capital outflows were estimated to be around $11 billion, but Thulare said these are now projected to be range between $2 billion and $14 billion, with implications for the rand exchange rate.
- Stupid South Africa: COVID-19 lockdown now brings STARVATION to MILLIONS!!!
- Rhodesia: 1970s: Growing our own Oil! – Hybrid fuels: kerosense/paraffin in a gas/petrol engine