Courtesy of Wall Street Journal, an article on Saudi Arabia’s aims to turn its historic district of Diriyah into a major attraction for foreign visitors: Retired Arkansas accountant Dora Jane Flesher wanted a postpandemic adventure off the beaten track. In Saudi Arabia she was mesmerized by ancient tombs carved into sandstone outcroppings in Al-Ula. She was […]
Read more »Via Bloomberg, a look at Indonesia’s surprising resilience and economic calm in the face of so much global turmoil: Call it a taper tantrum, times 10. Developing nations are reeling from the double whammy of Federal Reserve interest-rate hikes and China’s economic slowdown. They are burning through foreign reserves at the fastest pace since the 2008, to […]
Read more »Via Russia Briefing, a report that the Eurasian Economic Union (EAEU) may establish an industrial park in Cuba: Cuba has proposed that the Eurasian Economic Union (EAEU) create an industrial park on the island, the bloc stated on Friday (September 2). The initiative has been discussed during a recent virtual meeting of the Eurasian Economic […]
Read more »Via Quartz Africa, an article on Zambia’s efforts to control inflation and strengthen its currency When he first came into office, almost a year ago, Zambia’s new president was ridiculed by skeptics who called him, “the calculator boy,” for his strong focus on the economy and his background as an accountant. Looking back now, it’s evident […]
Read more »Courtesy of Nikkei Asia, a report on an Omani offer to build Gwadar’s railway which conjures up memories of Pakistan port’s past: A company from Oman is looking to invest in a train line that would link the Pakistani port town of Gwadar — envisioned as a key stop on China’s Belt and Road infrastructure network […]
Read more »Via the Foreign Policy Research Institute, commentary on the Biden Administration’s new Africa policy: Imagine you’ve just been confirmed to be the US ambassador to a small country in Africa. However, before departing to take up your assignment, you learn that the administration doesn’t yet have an official policy for that country. Troubling, no? For […]
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