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South Sudan Celebrates its First Birthday

The world’s newest country, the South Sudan celebrated its first birthday on July 09th 2012. Archbishop Desmond Tutu, the winner of the Nobel Prize for peace, was the guest of honour for the occasion. In his speech the Archbishop gave a sermon calling for peace. Stop fighting and wealth will follow, he told the young nation’s leaders.

Unfortunately South Sudan is struck at the bottom of global development indices and by most measures, still going backwards. Oil is the prime source of income for the country. Since, its divorce from the north, it is not finalized by both the side about the compensation criteria for use of the pipelines and ports that take the oil to be market and this has crippled both the economies.