Courtesy of The Wall Street Journal, a report on how Iran’s diversified economy is now producing goods the country had long imported: Swaths of the Iranian economy are retooling in response to more than two years of U.S. sanctions, finding pockets of resilience in the country’s large domestic economy. Iranian companies are increasingly producing the sorts […]
Read more »Via Bloomberg, an article on Egypt’s decision to sell three more army-held companies in 2021: Egypt is considering selling ownership in three more army-held companies in 2021, a potentially historic opening of part of the economy to much-sought-after private investment. The chief executive officer of Egypt’s sovereign wealth fund, Ayman Soliman, said studies are under […]
Read more »Courtesy of The Financial Times, a report on Uruguay: Sandwiched between the giant economies of Brazil and Argentina, Uruguay has traditionally been at a disadvantage when it came to attracting foreign investment into its promising tech sector. But with the recent emergence of the country’s first unicorn and another company developing a sophisticated coronavirus app […]
Read more »Via Asia Times, a look at how Beijing is backing away from its initial $60 billion commitment to the China-Pakistan Economic Corridor project: Pakistan’s army is set to take near-total control of the Beijing-financed China-Pakistan Economic Corridor (CPEC), a US$60 billion infrastructure building plan replete with railways, roads, ports and special economic zones (SEZs) that is […]
Read more »Via Haikal Magazine, a look at the post–civil war boom in shark fishing that saved Congolese fishermen and their families is now drying up: As the midday heat begins to subside in the coastal city of Pointe-Noire in Republic of the Congo, eight sinewy fishermen shunt a rickety pirogue toward the gray Atlantic beneath a brooding […]
Read more »Via The Diplomat, an article on how the Iranian port of Chabahar has the potential to shift some of the regional dynamics in India’s favor: India, Iran, and Uzbekistan have held their first trilateral meeting for possible joint use of Chabahar port. The meeting was chaired jointly by India’s Secretary of Shipping Sanjeev Ranjan, Uzbekistan’s Deputy Minister […]
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