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Argentina: Political Risk: Government's vendetta against Grupo Clarin undermines legal stability in the media industry, including broadband and cable TV. :: Niger: Terrorism: AQIM’s expansion into southern Niger raises kidnap risks to aid agency personnel in Maradi and Zinder regions. :: Romania: Political Risk: Russia-Romania espionage row shows Moscow is stepping up pressure ahead of key September energy talks :: Bulgaria: Political Risk: Despite pro-Nabucco rhetoric, Bulgaria will continue to favour Russia on South Stream and Belene energy projects. :: Romania: Political Risk: Gabriel Resources' legal and media campaign will likely yield government approval to exploit Rosia Montana gold deposit :: South Africa: Regulatory Risk: Reform of South Africa’s centrepiece mining legislation is set to enhance the transparency of applications for prospecting rights. :: Ghana: Contract risk: The termination of the Kosmos-Exxon Jubilee oil field deal raises contract risks and will lead to reduced US investment and donor aid. :: Philippines: War/Terrorism: An offensive against NPA rebels is unlikely to significantly affect mining, but firms in Mindanao face extortion-related attacks. :: Brazil: Contract/Regulatory Risk: The energy regulator is likely to carry out deeper inspections of Petrobras facilities, raising the risk of new shutdowns. :: Mexico: Terrorism: Gangs are increasingly targeting road cargo in Mexico City, México, Puebla and Veracruz; vehicles and pharmaceuticals are top targets. :: Afghanistan: All Risks: Private security companies will likely face increased difficulties in operating; attacks on private security guards will likely increase. :: Saudi Arabia: Terrorism: Expatriates and Saudi officials are at risk of ambush while in transit, with execution the most likely outcome of any kidnap scenario.