Courtesy of The Asia Times, commentary on how the EU and G7 are planning their own versions of the Chinese-led global infrastructure project: In the past 10 years, China has built more than 100,000 kilometers of roads and railways in Africa. The massive project is part of the Belt and Road Initiative, a China-led global […]
Read more »Via Pro Pakistani, an article on Qatar’s package of support for Pakistan, which may include PIA: Pakistan is likely to receive an unusual package from Qatar, under which Pakistan International Airlines (PIA) could become a part of Qatar Airways in an overall investment package that could reach $5 billion. Well-informed sources in the Ministry of […]
Read more »Via Bloomberg, a report that Venezuela’s state oil company seized a minority stake in a key joint oil venture with Russia ties: Venezuela’s state oil company seized a minority stake in a key joint oil venture from GPB Global Resources, a private energy firm founded by former Gazprom PJSC officials, taking full control of the asset. Petroleos […]
Read more »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 […]
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