Courtesy of Foreign Policy’s Oil and The Glory, a look at exploration efforts in Cuba and Venezuela: In late January, Spain’s Repsol began drilling in the Northbelt Thrust, a stretch of the offshore Caribbean that may contain 6 billion barrels of oil. Between now and next month, Repsol will learn whether its part of the […]
Read more »Courtesy of The Washington Post, a report on Colombia’s economic success: The stereotype of Colombia — violent, chaotic, backward — seemed to be born out in recent days as the army and guerrillas grappled in the countryside and shadowy hit men gunned down a prominent land activist. But that Colombia seems ever more distant these […]
Read more »Via The Financial Times, a report on Argentina’s re-nationalization of YPF: So that’s that then. YPF is, once again, Argentina’s state oil company. According to a flurry of news reports after president Cristina Fernández de Kirchner’s TV address at noon on Monday in Buenos Aires, the federal and provincial governments of Argentina are its new […]
Read more »Via Foreign Policy, a look at Afghan efforts to tackle corruption via cellular technology: Last week, Afghan president Hamid Karzai surprised U.S. and coalition officials by announcing the creation of a special tribunal and prosecutor to seek redress for the almost two year old Kabul Bank scandal. And earlier this month, the Afghan House of […]
Read more »Courtesy of The Financial Times, one observer’s look at Myanmar’s potential: I spent a few days in Yangon, Myanmar’s biggest city, just before this month’s elections. It was my first visit since 1985. Back then, there were one or two flights in a day from Bangkok on small planes. One could only stay a week […]
Read more »Via Time’s Global Spin blog, a look at how Myanmar’s central bank has set a new value on the national currency to reflect what it’s actually worth. But much more needs to be done to fix the country’s broken economy as the article notes: Workers count Burmese kyat currency at a bank April 5, 2012 […]
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