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 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 »Via Ventures Africa, a look at the quickest growing African economies: Only whisper it, but economic boom is coming to Africa. Yet this boom is not just coming from the continent’s natural resources, though they have surely helped, but rather less traditional business such as retail commerce, transportation, telecommunications and manufacturing. This economic growth is […]
Read more »Courtesy of the Financial Times, a report on Peru’s economy: In less than 24 hours Peru’s economy – once feted as Latin America’s star and now struggling with a slowdown – suffered two blows. First, on Sunday evening, the surprising loss of its respected finance minister, Luis Miguel Castilla. Then, on Monday morning, the announcement […]
Read more »Courtesy of The Financial Times, a look at the Tehran Stock Exchange: The best performing stock market in the world in 2013 was up 130 per cent last year*. The country it serves has a population of nearly 80m, some 40 per cent of whom are under the age of 24. It has one of […]
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