Via Diplomatic Courier, a review of a book that explores how China found itself with a remarkably expansive, though unintended, empire in Central Asia: Over the course of the summer, China found itself headed for a foreign debt crisis. Many of its loans, made under the Belt and Road Initiative (BRI)—Beijing’s globe-spanning infrastructure and influence […]
Read more »Courtesy of The Washington Post, a report on the impact that a massive hike in cell service fees has had upon Lebanon’s poor: Shopping for grapes at Beirut’s wholesale market to resell from her produce cart, an exhausted Rawaa Ghosn described how another layer of her increasingly tenuous life was peeled away after she had […]
Read more »Via The Diplomat, an article on Southeast Asia’s EV ambitions: As countries around the world strive to reach their climate targets, many are turning to electric vehicles (EVs) as a way of reducing carbon emissions. Global efforts to diversify supply chains combined with the drive to adopt green technology have created an opportunity for EV […]
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 […]
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