Via Energy Tribute, an updated look at Iran’s economy: Since Mahmoud Ahmadinejad first became President of Iran, in August 2005, the country’s economy has gone from bad to worse. Iran now ranks near the bottom – 144 out of 183 countries – in the World Bank’s Doing Business 2012, an authoritative report that measures the […]
Read more »Via Energy Tribune, a look at interest in Myanmar’s petroleum reserves: Since President Obama’s easing of sanctions against the Southeast Asian country in July, American as well as foreign companies are flocking to Myanmar for business — all sectors are on the table including banking, insurance, pharmacy, manufacturing, services and energy. General Electric was the […]
Read more »Via Foreign Policy, a look at Mexico’s growing middle class: Mexico has come in for positive news of late, thanks in part to a forecast published by Nomura Securities that showed Mexico surpassing Brazil as Latin America’s largest economy by 2022. While that’s certainly possible, a more realistic scenario would involve Mexico growing at the […]
Read more »Courtesy of Quartz, an article on Facebook’s global strategies: Facebook’s 242 million users in Asia represent just 6% of the continent’s population. Can you say growth opportunity? This is the story of Facebook’s rapidly unfolding plan to take over the world, or at least the world wide web. It’s a tale that’s been hiding in […]
Read more »Via Mark Mobius’ blog, an interesting commentary on the BRIC’s economic growth and continued prospects: A global pattern of easing economic growth in the first half of 2012 has impacted the “BRIC” nations – Brazil, Russia, India and China. However, I don’t think the BRIC economies have hit a brick wall. While some market participants […]
Read more »Via The Financial Times, an interesting look at the blossoming relationship between India and Venezuela: Venezuela’s gigantic oil reserves are coveted the world over – especially the Orinoco extra-heavy crude belt, which is one of the planet’s few remaining largely untapped reserves of hydrocarbons. Investment conditions in Hugo Chávez’s Venezuela may not be ideal, but […]
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