Via The Financial Times, a look at Colombia: With his deep, chanting voice and contagious laughs he can convince you everything is going according to plan. “We have systematically and purposefully over-performed,” says Juan Carlos Echeverry, Colombia’s finance minister. For him, it is a virtuous circle: confidence, which leads to job creation, which leads to […]
Read more »Courtesy of The Economist, an article on Myanmar: LAST month Thein Sein shared with an audience an “aspired goal” for his country’s economy: to triple per-capita GDP by 2016. With the current population that would entail inducing output to grow by more than 25% year on year—no mean feat by any standard. Even gas-rich Qatar, […]
Read more »Courtesy of The Financial Times, a report on Indonesia: Is there no stopping the Indonesian consumer? Second quarter GDP figures out on Monday showed the economy growing 6.4 per cent year on year, up from 6.3 per cent in the previous quarter and a healthy chunk more than the Bloomberg consensus of 6.1 per cent. […]
Read more »Via Emerging Markets Insight, a look at South America: Weaker regional growth in the first half of the year has driven multinationals to reevaluate their growth targets for 2012 as Argentina’s business landscape grows increasingly unnerving, Brazil’s economy slows, and devaluation risks in Venezuela swell as President Chavez drives up fiscal spending as part of […]
Read more »Courtesy of Foreign Policy, an article on the petroleum politics between Sudan and South Sudan. As the report notes: Although today’s African Union (AU)-U.N. deadline for reconciliation between Sudan and South Sudan has come and gone without a resolution, the Security Council is unlikely to follow through on its threatened targeted sanctions for now (China […]
Read more »Courtesy of Oil & Glory, a look at Russia’s interest in Kurdistan: After four unanswered triumphs by autonomy-minded Kurdistan, the ball is firmly in Baghdad’s court — it must craft a response to growing defiance by the world’s biggest oil companies, which have been signing exploration deals with the northern region. Baghdad claims the right […]
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