Via the Arab News, a report on Saudi Arabia’s $2.6B mining deal to access critical decarbonization minerals: At the end of July, a $2.6 billion deal with Brazil’s biggest miner, Vale SA, gave Saudi Arabia a 10 percent interest in mines from Canada to Indonesia that produce copper, nickel and other industrial metals — all […]
Read more »Via Geopolitical Futures, commentary on the BRICS’ future: On Aug. 22-24, members of the BRICS grouping will hold a summit in Johannesburg. They’re expected to discuss two key issues: enlargement and the possibility of adopting a common currency. Both issues are critical to the future of this partnership of five large developing nations: Brazil, Russia, […]
Read more »Courtesy of STRATFOR’s Rane Worldview, a look at the mounting challenges to China and Pakistan’s CPEC ambitions: Despite worsening militancy in Pakistan, China will almost certainly continue its investment projects in the country to secure its strategic interests. But Pakistan’s economic pressures and intensifying violence will prompt further delays to these projects’ completion and exacerbate […]
Read more »Courtesy of Ashmore Group, insightful analysis of the Colombian Peso’s 2023 performance so far: What is the best performing currency in 2023 so far? Against all odds and biases, the Colombian Peso (COP), which is up 16.8% against the USD year-to-date and 22.8% including the ‘carry’, or the interest rate differential earned by carrying long […]
Read more »Via Modern Diplomacy, an article on the New Development Bank, BRICS, and international economic geopolitics: The decline of the old order led by North Americans and Europeans is an increasingly concrete fact. We are living in new times. There are countless examples: the loss of geopolitical, economic and ideological influence. Let us analyze the case […]
Read more »Courtesy of The Wall Street Journal, a look at how more than 200 vessels are stuck on either side of the waterway as a serious drought cuts crossings: A flotilla of ships are stuck on both sides of the Panama Canal, waiting for weeks to cross after the waterway’s authorities cut transits to conserve water […]
Read more »