Via Foreign Policy, a report on the BRICS: “The BRICS Are in a Class by Themselves.” Yes and no. There is no question that the BRICS — Brazil, Russia, India, China, and the group’s newest member, South Africa — are big. They matter. In terms of population, landmass, and economic size, their pure dimensions are […]
Read more »Via Asia News Network, a look at Cambodia’s expected economic growth: Cambodia is projected to be one of the fastest growing developing economies in the Asia-Pacific region over the next five years, the International Monetary Fund (IMF) says. In its annual World Economic Outlook released yesterday, the IMF said that Cambodia was also expected to […]
Read more »Via Project Syndicate, some commentary on the evolving Indian’s retail environment: After years of debate, India’s government recently announced that will open the country’s retail sector to foreign investment. The move was met with howls of protest from those who argue that the entry of large hypermarket chains like Carrefour and Walmart will devastate the […]
Read more »Courtesy of STRATFOR, a look at how a potential change in leadership could transform Venezuela and its regional role, possibly to the extent that Cuba could seek reconciliation with the United States: The run-up to the election has been tumultuous. A little more than a year ago, Chavez was diagnosed with cancer, for which he received several surgeries. […]
Read more »Courtesy of STRATFOR (subscription required) a detailed analysis of the Iranian currency crisis: Since late September, the Iranian rial has lost as much as 40 percent of its value against the U.S. dollar. The precipitous decline in the rial’s value broadly stems from the U.S.-led economic sanctions campaign against Iran and the imperfect options at […]
Read more »Via The Financial Times, a report on Nestle’s activities in Myanmar: Nestlé is one of the few multinationals that never really left Myanmar. It quietly allowed Thai traders to import its instant coffee and other products in the country and retained a small office to keep an eye on things. But, with economic sanctions ending, […]
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