Per the Wall Street Journal, a commentary on the dimensions of economic failure in modern North Korea: Economic history is a story of progress and success, but also of retrogression and failure. Among the latter cases, the most gruesome is surely the Democratic People’s Republic of North Korea (DPRK). Its signature catastrophe, the Great North Korean Famine […]
Read more »Via TMT Finance, a look at Iran’s telecommunications market: The nuclear deal inked by Iran and the world powers has opened up the Iranian economy to global capital. The agreement has attracted the attention of some of the world’s richest people, as executives embarked on a flurry of trips to Tehran this summer. Further up the […]
Read more »Courtesy of the Financial Times, an interesting article on how changing demographics offer unusual opportunities for those prepared to think long-term: The best real estate investment in the world today? Beachfront huts in Somalia. That is according to Hans Rosling, a Swedish public health professor and data visualisation pioneer. A statistical geek is an unlikely […]
Read more »Courtesy of the New York Times, a look at how Beijing’s effort to revive ancient trade routes is causing geopolitical strains, with countries like Turkey increasingly worried about becoming too dependent on China: As tensions in the Mideast and Ukraine rose in recent years, Turkey moved to jointly manufacture a sophisticated missile defense system. The $3.4 billion plan […]
Read more »Via The Wall Street Journal, a report on how companies such as Apple, GE, HP gear up for potential opening of markets in the Islamic Republic: Ahead of an expected lifting of sanctions, several U.S. corporate giants including personal-computer seller HP Inc. and General Electric Inc.’s oil-services unit are actively exploring a market entry into Iran. U.S. companies other […]
Read more »Via Foreign Policy, some commentary on a long-awaited gas pipeline that could bring prosperity and stability to some of the poorest countries in Central and South Asia: One of the world’s most quixotic energy projects finally kicked off this month, with the formal groundbreaking of the so-called TAPI pipeline meant to tap into the gas fields […]
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