Via The Atlantic, a look at Mongolia … part of a new class of countries that, like the Middle Eastern states that got rich selling oil to the West, have hitched their economies to resource-hungry China: A tourist stands at Sükhbaatar Square, in the Mongolian capital of Ulan Bator. (Wikimedia). If you can make your […]
Read more »Via The Financial Times, a report on the latest YPF shareholders’ meeting: Tuesday’s meeting of YPF shareholders in Buenos Aires was most notable for its interminable length – more than six hours – and for decisions to ramp up investment and drastically cut the company’s dividend payout. But investors will have to wait a bit […]
Read more »Courtesy of Foreign Policy’s Oil and Glory, a look at winners and losers in the new age of energy abundance: We are suffering whiplash: For nearly four decades, OPEC — the cartel formally known as the Organization of Petroleum Exporting Countries — has been a major economic and geopolitical force in our collective lives, driving […]
Read more »Via Foreign Policy, an interesting article on Mexico’s economy and how it could be revived: Mexico’s tepid economic performance in the last decade has been a major disappointment — and is one reason why the PRI, the less-than-democratic political party that was ousted in 2000 after 71 years of rule, has just returned to power […]
Read more »Courtesy of The New York Times, an article on Cuba’s efforts to expand its private sector: Those awaiting measures to create even more opportunity for private business got the opposite last week, when news spread of a little-advertised government decision to charge steep customs duties on the informal imports, from Miami and elsewhere, that are the lifeblood of many […]
Read more »Courtesy of Asia News Network, an interesting article on potential investment risks in Myanmar: Despite tremendous interest in Myanmar following the lifting of sanctions, investors still face many risks as the country is in the middle of reforms on many fronts, a partner at Baker and McKenzie has warned. “Hopefully, Myanmar will follow its promises,” […]
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