Via The Diplomat, a report on how – despite some potential headwinds – Vietnam is well positioned to capitalize economically on the growing Sino-American competition: Recently, the International Monetary Fund altered Vietnam’s economic growth forecast for 2022, revising it upward from 6 to 7 percent. This was the only significant upward revision among Asia’s economies, and higher […]
Read more »Courtesy of the Financial Times, a report on Paraguay’s call for Taiwan to invest $1bn to remain allies: Paraguay’s president Mario Abdo Benítez has called on Taiwan to invest $1bn in his country to help him resist “enormous” pressure to switch diplomatic recognition to rival China. Most of Taiwan’s remaining diplomatic allies are in Latin America […]
Read more »Via Times of Central Asia, a look at Central Asia’s resilience during the challenge The economies of Central Asia are showing strong resilience to the geopolitical adversities caused by Russia’s war on Ukraine, the European Bank for Reconstruction and Development (EBRD) reports in its latest Regional Economic Prospects on September 28. The EBRD is expecting […]
Read more »Via Asia Times, an article on how Vietnam has benefitted immensely from Western decoupling from China and is poised to profit more as trend gathers pace: Foreign direct investment (FDI) in Vietnam continues to increase, rising from US$11.57 billion in July to $12.8 billion in August 2022, signaling the country’s recovery from Covid-19. The growth is partly […]
Read more »Via The National News, commentary on Africa’s opportunity to accelerate its growth: The Nobel Peace Laureate Desmond Tutu once said: “There comes a time when we need to stop just pulling people out of the river. We need to go upstream to find out why they are falling in.” Africa is now heeding that advice. […]
Read more »Via Business Insider, a report that the Taliban have struck a deal with Russia for supplies of key commodities including oil and wheat: The Taliban have struck a deal with Russia to purchase supplies of key commodities, including oil and wheat. It marks the first major international economic deal the Taliban have made since reclaiming power in […]
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