Courtesy of the New York Times, a detailed report on the demise of Venezuela’s PDVSA: A general with no energy experience has been installed as the head of the state oil company. Arrests, firings and desperate emigration have gutted top talent. Oil facilities are crumbling, while production is plummeting. As the rest of the oil-producing world recovers on the […]
Read more »Via India’s Daily Opinion, commentary on efforts to position Afghanistan as a hub of Central Asia: South Asian economies are growing rapidly. According to the World Bank’s recent reports, the overall average economic growth rate for South Asian countries is forecasted to be 7.1 percent by 2018. This rapid growth has created a thirst for regional economic […]
Read more »Via New Eastern Outlook, a report on a new $27 billion Liquefied Natural Gas (LNG) facility just established in Russia’s Artic Yamal Peninsula: The $27 billion Liquefied Natural Gas (LNG) facility just established in Russia’s Artic Yamal Peninsula may seem like just another energy project. However, it should not be glossed over. This new LNG […]
Read more »Via the Times of Central Asia, a look at efforts to reunite Afghanistan with Central Asia: In the time of the Great Game, Afghanistan was in the center of the struggle between the Russian and British empires for their influence on Central Asia. Nowadays, post-Soviet republics of Central Asia seek to build stronger economic ties […]
Read more »Via The Diplomat, a look at how the Lapis Lazuli project will advance the geopolitical aspirations of the member countries — and the US: The New Silk Road initiative of the United States came to life in June 2011, when then-Secretary of State Hillary Clinton hinted at regional connectivity through rail lines, highways, and energy infrastructure […]
Read more »Via African Arguments, a report on Sudan’s deteriorating economy: On 6 October, the US government announced that it would revoke the majority of economic sanctions imposed on Sudan. Many of them had been in place for two decades. Numerous governments, organisations, and commentators welcomed the decision. Sudan expert Alex de Waalcalled the move “long overdue”, while UN Special Rapporteur Idriss Jazairy noted the […]
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