Courtesy of The Economist’s 1843 magazine, a detailed look at Azerbaijan: Some call it the Paris of the Caspian; others purr that it is the caviar-producing region’s Dubai. But on the weekend of June 18th and 19th the comparisons were with Monaco. Baku’s first-ever Formula 1 race took place on a 6km (4-mile) street circuit in […]
Read more »Courtesy of Lebanon’s Daily Star, a report on Palestine: The Nablus-based Palestine Exchange began trading as a frontier market for the first time in its two-decade history. The classification by index provider FTSE Russell came into effect this week. While none of the 49 publicly traded companies have been granted the same status, the move […]
Read more »Courtesy of the New York Times, an interesting look at Venezuela’s crisis: One oil rig was idle for weeks because a single piece of equipment was missing. Another was attacked by armed gangs who made off with all they could carry. Many oil workers say they are paid so little that they barely eat and have to keep watch […]
Read more »Via Forbes, interesting commentary on Pakistan: Pakistan’s equity market has been outperforming China’s and India’s markets by a big margin in recent years. In the last twelve months, Global X MSCI MSCI +% Pakistan ETF was up 20%, beating India’s and China’s comparable ETF’s by almost two to one – see table. That may come as […]
Read more »Via The Iran Project, a look at Iran’s mining potential: Iran’s first titanium production plant will be up and running in the next six months, the manager of the Kahnuj titanium pilot project says. The plant with a capacity to produce 2 tonnes of titanium pigments per day is at the phase of equipment installation in […]
Read more »Via EMIA, an interesting look at how the death of Uzbekistan’s longtime President may impact China’s natural gas imports from Central Asia: Following reports of a stroke, a global guessing game has ensued, with observers uncertain as to the status of Uzbekistan’s president, Islam Karimov. While rumours of his death have been circulated by the […]
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