Via Bloomberg, a report on growing investor interest in Somalia: Kenyan banks are competing against lenders from Gulf nations seeking licenses to operate in Somalia as the strife-torn country opens up the industry to international companies for the first time in almost half a century. Somalia’s central bank has held talks with KCB Group Ltd., […]
Read more »Via The Diplomat, an interesting look at how the Chabahar port in Iran has the potential to alter the dynamics of “The Great Game” for good: The historic pact between India and Iran recently to build Chabahar port in Iran has the potential to alter the dynamics of “The Great Game” for good. The pact, which will kick […]
Read more »Via NK News, an interesting look at ‘owning’ a home in North Korea, where esidency rights and restrictions on moving means one all but owns the place: The North Korean law makes it quite clear: It is illegal in North Korea to buy, sell and rent out houses. It is theoretically possible to swap houses within one […]
Read more »Via Quartz, a look at India’s $500m deal to develop Iran’s Chabahar port and plan to invest an additional $16 billion in the Chabahar free trade zone: Barely five months after the US and the European Union lifted economic sanctions on Iran, Narendra Modi has pulled off something of a masterstroke. On May 22, the Indian prime minister […]
Read more »Via BBC, a report on Cuba’s legalization of small- and medium-sized private businesses: Cuba’s government has announced that it is legalising small and medium-sized private businesses. It is the latest stage of reforms begun when President Raul Castro took over from his brother, Fidel in 2008. Raul Castro has been trying to stimulate Cuba’s stagnant […]
Read more »Courtesy of the Financial Times, an article examining India’s growing angst over China’s regional involvement: Chinese labourers work on the Karakoram highway in northern Pakistan Talk of a new Silk Road may be intended to evoke romantic, non-threatening images of desert caravans, ancient ships and trade in exotic commodities. But China’s grand plan for a network […]
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