Via Bloomberg, an article on Democratic Republic of Congo President Felix Tshisekedi’s recent criticism of a $6.2 billion minerals-for-infrastructure contract with China Democratic Republic of Congo President Felix Tshisekedi criticized a $6.2 billion minerals-for-infrastructure contract with China, saying the world’s largest producer of a key battery metal hasn’t benefited from the deal. Congo, Africa’s second-largest nation […]
Read more »Via 38North, a report on the growing famine in North Korea: North Korea is dealing with a complex humanitarian emergency that has food insecurity at its core.[1] As of August 2022, both quantity and price data point to a deteriorating situation, made worse by the regime’s choice to self-isolate in response to the COVID-19 pandemic. Food […]
Read more »Via the South China Morning Post, commentary on how China is still reluctant to use its power and influence in Eurasia, despite crises in Ukraine and Afghanistan This year marks the first decade of the Belt and Road Initiative. While the vision might have evolved from the speeches President Xi Jinping gave in Astana and Jakarta in […]
Read more »Via the Asia Times, a report on how Cambodia’s economy has underperformed and will likely continue to underwhelm until China brings back its ‘green gold’ in the form of visiting tourists: The many unfinished buildings — most owned by Chinese investors — lining the streets of the coastal town of Sihanoukville may be symptomatic of the […]
Read more »Via Foreign Policy, an article on Venezuela’s economic inequality where, as high-end stores open in Caracas, the poor are getting poorer: In mid-November, a glassy Saks Fifth Avenue-like department store opened in Caracas’s wealthy commercial district of Las Mercedes. The store, Avanti, is owned by a Palestinian-Venezuelan businessman and sells high-end fashion brands—Balenciaga, Gucci, Versace, Valentino—and […]
Read more »Via The Daily FT (Sri Lanka’s first and only national daily business paper), a report on recent Emirati investor delegation visit to Port City Colombo: A delegation of investors from the United Arab Emirates, led by Sheikh Mohammed Bin Maktoum Bin Juma Al Maktoum, visited Port City Colombo on 14 January, during a special visit […]
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