Courtesy of Geopolitical Futures, analysis of China’s new approach in Africa: China is moving away from its landmark Belt and Road Initiative in favor of smaller direct investments in strategic projects like renewable power and communications. In 2013, Beijing unveiled the Belt and Road, consisting of huge loans for gargantuan infrastructure projects in the Global […]
Read more »Via Al Monitor, a report on a recent agreement between Iran and Russia to build a railway between two Iranian cities as they continue to develop their trade relations despite US sanctions: Iran and Russia signed a major railway agreement on Wednesday. The deal is part of the International North–South Transport Corridor the two countries […]
Read more »Via Emerging Europe, a look at Albania’s economy: Albania’s economy enjoyed solid growth in 2022 and the lowest inflation in all of CESEE. With booming construction and tourism sectors, 2023 is set to be another year of progress. Albania has emerged from one of the rockier economic liberalisations in emerging Europe. Enver Hoxha led one […]
Read more »Courtesy of Foreign Affairs, an article on the importance of Africa to the world’s economic future:: In recent decades, the engine of the world economy has been the spectacular growth of China. From 1980 to 2020, fully one-quarter of the increase in global GDP was due to China’s growth, outstripping the contributions of the United […]
Read more »Via Al Monitor, a look at Saudi efforts to rebuild Yemen: The hospital in southern Yemen was decked out with roses and red carpet runners last week for a ribbon-cutting ceremony in its cardiac wing, newly refurbished with Saudi funds. Many patients, however, had been cleared from the air-conditioned lobby and forced to wait for […]
Read more »Via The Jamestown Foundation, a slightly dated but relevant look at competition among ports in the Caspian Sea: On July 29, the Russian government issued an order concerning plans for the development of federal transport, railway, information and communications infrastructure that includes the construction of Port Lagan, in the Republic of Kalmykia (Portnews.ru, August 3). […]
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