Via CNBC, a report on China’s ‘Silk Road’ railway which has hit a snag in Afghanistan: A segment of China’s long-hoped-for “Silk Road” railway — and the copper that Beijing hopes it will carry — has run into a snag. The Sino-Afghan Special Railway Transportation connects China to Afghanistan, and is one part of China’s “One Belt, One […]
Read more »Via Third Pole.net, a look at how the China Pakistan Economic corridor could help transform Pakistan into a major logistical hub, and boost its economic growth: The development of the China-Pakistan Economic Corridor (CPEC) has spurred debate in all quarters. Some perceive it as a form of neo-colonialism criticising Pakistan’s government for promoting unethical business practices […]
Read more »Courtesy of The New York Times, a detailed interesting look at Saudi Arabia, where low crude prices and the war in Yemen have sent a shock through the kingdom’s budget and forced it to revise its social contract even as it seeks to diversify its businesses: This is what it takes to run a mega-dairy […]
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 »