Courtesy of Foreign Policy, an article on Baku’s efforts to turn Shusha, a fabled fortress town that was key to last year’s war between Azerbaijan and Armenia into a resort: Above a valley carpeted with dense pine forest, the rocky cliff that leads to the town of Shusha is riddled with scars left by the […]
Read more »Via Foreign Policy, a report on Ghana’s economic development: At first glance, an item of business news that crossed my transom one morning this week seemed like a clear economic win from Africa: Ghana, which enjoys a reputation as one of the continent’s most successful nations, had signed a $3.2 billion contract with an international consortium to […]
Read more »Via The Diplomat, a look at Pakistan’s economic crisis: Hambantota in southern Sri Lanka housed ousted President Gotabaya Rajapaksa following the recent crisis, until he was forced to flee the country entirely. That continues a trend of the city, and especially its strategic deep-sea port, being in the news for all the wrong reasons. In […]
Read more »Via Rest of World, an article on the allure of Africa’s digital markets: Fears of a global economic downturn are well-founded. Russia’s invasion of Ukraine has pushed energy prices to record highs and disrupted global access to food. This follows the pandemic, which delivered a shock to supply chains, creating challenges for businesses and consumers. With inflation […]
Read more »Via Eurasianet, an article on how Kyrgyzstan’s main hydropower reservoir is being depleted rather than filled for the winter ahead: Kyrgyzstan’s state power supplier has warned of possible energy shortages as consumers set a new daily record for power consumption in summer. Central Asia is being gripped by the same heatwave blanketing much of the northern […]
Read more »Via HSBC, an interesting new report on new economy businesses across the Asia Pacific region that will make a lasting impact on the global business landscape over the next decade: Six key trends Region-wide growth China will remain Asia Pacific’s dominant new economy force, but its importance will be rivalled by India as a source of […]
Read more »