Via The New York Times, an op-ed on Mexico’s re-emergence as global economic power: IN India, people ask you about China, and, in China, people ask you about India: Which country will become the more dominant economic power in the 21st century? I now have the answer: Mexico. Impossible, you say? Well, yes, Mexico with […]
Read more »Via The Financial Times, a look at KFC’s efforts to enter the Mongolian market: Mongolia is following the footsteps of its largest trading partner, China, whose first western food chain in 1987 was Yum! Brands’ KFC. Now Mongolia’s Tavan Bogd Group has attained franchise rights to the restaurant chain, though the success of fast food […]
Read more »Courtesy of The Diplomat, a report on Pakistan’s energy ties with Iran: Pakistan’s President Asif Ali Zardari arrives in Iran today to sign a series of economic agreements, including one that finalizes the Iran-Pakistan natural gas pipeline. At the end of January, the two sides agreed to set up a joint construction company to build […]
Read more »Via Asia Sentinel, an interesting article on ASEAN’s quick growth: For 15 years, since the Asian Financial Crisis of 1997 and 1998, the young tigers of Southeast Asia have been looked upon with suspicion by most investors while they struggled to rebuild their foreign currency reserves, signed currency swaps, strengthened their banking systems and made […]
Read more »Courtesy of The Economist, an interesting look at North Korea: WITH her turquoise top, Dayglo trainers and Hello Kitty mobile phone, Jeon Geum Ju fits right in among the young latte-sippers in a Starbucks in downtown Seoul. Her dark eyes sparkle as she talks—and she talks a lot. The only time that the 26-year-old hesitates, […]
Read more »Via The Telegraph, an article on the investment potential of Africa: Africa has long been trailed as the ultimate long-term, speculative investment. As the troubled continent finally fixes its endemic economic problems and develops, profits should start to flow and stock markets rise. That argument is now rapidly gaining ground – and more investment opportunities […]
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