Via Project Syndicate, commentary on how – as more countries call for the AU to be granted full membership – African leaders must reach a consensus on economic issues, devise a clear plan for reforming the global financial architecture, and draw up a list of possible representatives to send to G20 summits: With a growing […]
Read more »Via Al Monitor, a report on efforts by both Riyadh and Abu Dhabi to develop closer business ties with Pakistan: The UAE and Saudi Arabia have accelerated the pace of investments in Pakistan. If Abu Dhabi decides to invest further in Pakistan, it is quite likely that Riyadh will follow suit as part of their unspoken rivalry. […]
Read more »Courtesy of Bloomberg, an article on the continued growth of Dubai as a global hedge fund center, where a new breed of digital nomad will raise the hackles of Western governments: First came the tacky influencers, broadcasting raucous yacht parties to their followers caught in pandemic lockdowns. Then came Russian wealth, from cash to crypto, looking for a […]
Read more »Via The Frontier Post, a report that Afghanistan has invited Russia and Kazakhstan to participate in constructing the Trans-Afghan railway project: Afghanistan invited Russia and Kazakhstan to participate in constructing the Trans-Afghan railway project. The acting minister of Commerce and Industry, Nooruddin Azizi, asked both countries to take part in a project to build a […]
Read more »Courtesy of Nikkei Asia, commentary on Sri Lanka’s economic rebound: Rising interest rates and falling export demand are blunting the post-COVID economic resurgence of many Asian economies. But for Sri Lanka, the only country in the region to default on its official debt amid the economic squeeze caused by the pandemic and the Ukraine war, […]
Read more »Courtesy of Nikkei Asia, a report on Apple’s plans to move at least 20% of iPhone production to India as it accelerates away from China: Kevin, a senior manager at an iPhone assembly plant in the Indian city of Chennai, gets up before sunrise at his dormitory. He clocks in for work before 6 a.m., […]
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