Via The Washington Post, a look at Angola, where the sharp decline in international oil prices has hit the economy hard: As the price of oil rose earlier this decade, this capital city did as well. Glass skyscrapers soared above the rubble of a 27-year civil war. American pop stars such as Mariah Carey were […]
Read more »Courtesy of STRATFOR (subscription required) analysis on plans for KazMunaiGas to take full ownership of its lucrative subsidiary, KazMunaiGas Exploration Production (KMG EP): Forecast As KazMunaiGas struggles to secure international investment, it will prepare to take full ownership of its lucrative subsidiary, KazMunaiGas Exploration Production (KMG EP). The aggressive move could drain KMG EP’s cash […]
Read more »Via Al Monitor, a look at Iran’s real estate market: Signals from the Iranian real estate market suggest that a recovery is on the way, after an almost three-year-long recession. Yet there are contradictory statements being made about the likelihood of a property boom. Indeed, those who are practically engaged in the housing industry are […]
Read more »Via the World Economic Forum, commentary on the top 10 emerging markets of the future: A new report from BMI Research has identified the “10 emerging markets of the future” — the countries that are set to become new drivers of economic growth over the next 10 years. BMI estimates that these countries will cumulatively […]
Read more »Courtesy of The Financial Times, a look at Mongolia: Over the past five years, few other countries have experienced the highs and lows of the global economy as acutely as Mongolia. In 2011 the country was on the radar of virtually every investor interested in Asian emerging markets. The International Monetary Fund (IMF) estimated that […]
Read more »Via Foreign Affairs, an interesting article on the pros and cons of Iran joining China’s security club: In late June, during the 15th annual summit of the Shanghai Cooperation Organization, a China-led security bloc, Russian President Vladimir Putin announced that the signing of the U.S.-Iranian nuclear deal and the lifting of UN sanctions meant that […]
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