Via The Financial Times, an article on the gaming boom soon to unfold in the Philippines: The four big casino complexes rising along the scenic Manila Bay in the Philippines haven’t opened their doors yet, four years after the government awarded the exclusive licenses as part of the country’s ambitious plan to cash in on […]
Read more »Via Foreign Policy and Fund for Peace, a look at the 2012 Failed States Index. Here are the top 10: 1. Somalia As the situation in Somalia continued to deteriorate in 2011, the country remains at the top of the Failed States Index for the fifth year in succession. Ten out of twelve of […]
Read more »Via The Financial Times, a report on MercadoLibre, South America’s dominant ecommerce platform: Stelleo Tolda, chief operating officer of MercadoLibre, says he really didn’t think the company he helped launch in 1999 would grow to become Latin America’s largest online trading platform. Thirteen years later, with 1,600 employees and almost 70m registered users, MercadoLibre – […]
Read more »Via Foreign Policy’s Oil & Glory, a provocative piece on Afghanistan and China’s role therein: In northern Afghanistan, a potentially rich, U.S.-backed oil and gas tender is under way this week. Central to hopes for a face-saving force withdrawal in two years, the competition is part of a U.S. strategy of initiating a vibrant, self-sustaining […]
Read more »Via TodayOnline, an article on the growing appeal of frontier markets: With Europe sinking and the US economic recovery faltering, investors who want something more than 0.1-per-cent interest on savings accounts have understandably been looking for alternatives to developed markets. Over the past couple of years, some of them have invested in emerging markets instead. […]
Read more »Via Emerging Markets Insight, a look at Latin America: Multinationals are taking note of the strength of the Andean economies of Colombia and Peru, but the increasingly negative outlook in Argentina and Brazil is weighing down growth in the region. Stagnating industrial output and diminishing consumer demand in Brazil led economists to trim economic growth […]
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