Via Bloomberg, a report on a UAE firm’s aggressive investment plans for select emerging markets: International Holding Co. plans to invest billions of dollars in markets including Indonesia, Colombia, Turkey and India as the United Arab Emirates firm controlled by the country’s national security adviser steps up its breakneck expansion. IHC, the UAE’s most valuable listed […]
Read more »Via Foreign Policy, commentary on the Egyptian President’s spending on projects of questionable value while his people are suffering: On Sunday, a horrific fire at a Coptic church in greater Cairo’s Imbaba neighborhood killed 41 people, including 18 children. It was the latest in a string of disasters that have recently befallen Egyptians. Since January 2021, Egypt has […]
Read more »Via the BBC, a report that Cuba will allow foreign investment into its wholesale and retail trade to tackle its goods shortage: Cuba says it will allow foreign investors into its wholesale and retail trade for the first time in 60 years. The move is a major shift for the island nation’s Communist government, and overturns […]
Read more »Courtesy of The New Yorker, an interesting look at the growth potential refrigeration offers for the developing work, noting that – in Rwanda – it could spark an economic transformation: At one in the morning, several hours before fishing boats launch, François Habiyambere, a wholesale fish dealer in Rubavu, in northwest Rwanda, sets out to harvest […]
Read more »Courtesy of Nikkei Asia, a report on China BRI, and whether the Pakistan, Sri Lanka debt crises threaten Beijing’s regional influence: The drive to Pakistan’s port of Gwadar takes seven and a half hours from Karachi via the Makran coastal highway. Much of the 600-km route is deserted, with no restaurants, restrooms or even fuel stations. […]
Read more »Via the Geopolitical Monitor, an article on India’a challenge to China’s BRI in Asia: Over the past few years, and most notably during recent border clashes in Ladakh’s Galwan valley, China-India relations have been visibly more acrimonious, confusing, and inimical in diplomatic and military domains, despite their huge mutual business interests. In 2021, trade between the […]
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