Via the Institute for Security Studies, commentary on expectations that China’s grand ‘reopening’ will provide the lifeline many African countries desperately need: With continuing global economic uncertainty in 2023, there’s been precious little to cheer about for Africa. However, China’s recent reopening after lengthy COVID-19 restrictions has sparked enthusiasm around a demand-led stimulus to the […]
Read more »Via Modern Diplomacy, an article on Azerbaijan’s efforts to become the green energy supplier to the EU: Recently, Georgia, Azerbaijan, Hungary and Romania signed an agreement to build a strategic partnership regarding green energy. According to the document of the text, these four countries will be working together to develop a 1,195 kilometer submarine power cable […]
Read more »Courtesy of The Africa Report (subscription required), a report on the optimistic growth prospects of DRC, Niger, and Senegal: With an average growth forecast of 3.5%, sub-Saharan Africa is resisting global malaise, but inflation and debt remain a threat to the continent’s economies. Kristalina Georgieva, Director of the International Monetary Fund (IMF), has sounded the […]
Read more »Courtesy of Bloomberg, a report on Prime Minister Narendra Modi’s efforts to make India a $10 trillion economy: India’s economic transformation is kicking into high gear. Global manufacturers are looking beyond China, with Prime Minister Narendra Modi stepping up to seize the moment. The government is spending nearly 20% of its budget this fiscal year on capital investments, […]
Read more »Via Jakarta Globe, a report that Indonesian President Jokowi wants his successor to continue to prohibit the export of various key minerals: President Joko “Jokowi” Widodo on Tuesday said he wanted his successor to not “act cowardly” in face of major economies, especially when it comes to banning raw mineral ore exports and carrying on […]
Read more »Courtesy of Fortune, an article on Brazil and Argentina’s exploration of a common currency similar to the euro, with other Latin American nations invited to join: Argentina and Brazil are in the preliminary stages of renewing discussions on forming a common currency for financial and commercial transactions, reviving an often-discussed plan that would face numerous political […]
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