Via The Financial Times, an interesting look at a highly successful Russian retail leader who some compare to Sam Walton: Most businessmen would be glad to be compared to Sam Walton, the US retail visionary who founded Walmart. Not Sergei Galitsky, the billionaire chairman and chief executive of Magnit, the Russian grocery chain. He thinks […]
Read more »Via Energy Daily, an interesting report on Gazprom’s interest in YPF: Argentina’s nationalized YPF energy company is pursuing talks with Russia’s Gazprom to forge a partnership and secure needed cash investment in the company. Argentina nationalized YPF in May, alleging its principal shareholder Repsol of Spain wasn’t reinvesting enough earnings in the company, affecting its […]
Read more »Via Honduras News, a report on a new private city initiative approved in Honduras: Honduras signed a deal for an initial investment of 15 million dollars to create the first “Private City” in the country. (Also referred to as “Free Cities”, “Charter Cities”, “Model Cities”, or in Spanish, “RED – Regiones Especiales de Desarollo”, and […]
Read more »Via CNN, an interesting commentary on North Korea by Parag Khanna and its potential as an economic corridor between South Korea and China: There’s never been a better time to visit North Korea. The specter of U.S.-South Korean military exercises, a potential nuclear test, assassinations of defectors in South Korea, and general saber-rattling haven’t prevented […]
Read more »Via Irrawady.org, a report on the Myanmar’s new foreign direct investment law: Burma is open for business. Burma’s Union Parliament passed the controversial Foreign Direct Investment (FDI) law on Friday but dropped the clause which required minimum investments of US $5 million. Speaking to The Irrawaddy on Friday, Lower House MP Win Oo, a member […]
Read more »Courtesy of The New York Times, a report on how the potential of a mining boom is splitting various factions in Afghanistan: If there is a road to a happy ending in Afghanistan, much of the path may run underground: in the trillion-dollar reservoir of natural resources — oil, gold, iron ore, copper, lithium and […]
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