Via The Economist, a look at China’s New Silk Road initiative and what it may mean for Kazakhstan: THE faded mural crumbling by the side of the road once reminded drivers that they had reached the edge of the empire: it shows a musclebound Red Army soldier clutching binoculars and leading a dog beneath a […]
Read more »Via The Conversation, an interesting commentary on the potential impact fiber connectivity could have upon Africa’s development: The excitement over the potentially transformative effects of the internet in low-income countries is nowhere more evident than in East Africa – the last major populated region of the world to gain a wired connection to the internet. […]
Read more »Via Business Insider, a look at Venezuela’s accelerating economic crisis: Venezuelan investors are abandoning ship en masse after the government indicated that it would not take immediate measures to stop the country from sinking deeper into chaos. “I am scared as hell,” one Latin American bond trader said. “Default [is] likely within 12 months; the oil […]
Read more »Via The Economist, a look at emerging markets in Q4 2014: INVESTORS in emerging markets know how quickly things can turn sour. In the mid 1990s fast-growing Thailand and Indonesia became known as the “Asian Tigers”. By 1997 they were suffering currency crises and had to be bailed out by the IMF. Nearly 20 years […]
Read more »Via the Miami Herald, a look at Cuba’s investment needs: Cuba asked international companies on Monday to invest more than $8 billion in the island as it attempts to kick-start a centrally planned economy starved for cash and hamstrung by inefficiency. Foreign Commerce Minister Rodrigo Malmierca Diaz announced a list of 246 potential projects […]
Read more »Courtesy of The Economist, a look at foreign firms’ interest in Iran: THE currency traders plying the half-empty arrivals hall of Tehran’s international airport have a simple view of the nuclear talks that Iran’s government is conducting with assorted foreign powers. If a deal is made, one says, “the planes will come in from everywhere.” […]
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