Via The Wire China, commentary on how Washington needs to do more to keep the swing states of the Global South onside; The recent decision by the BRICS countries — Brazil, Russia, India, China and South Africa — to expand the group’s membership made splashy headlines. But now it is time to assess what this move means […]
Read more »Via Modern Diplomacy, an article on the Gaza marine gas field: Recent progress on the Gaza marine gas field’s development is positive news and highlights the potential for mutually beneficial agreements in the East Mediterranean. The preliminary approval by Israel of the Palestinian field’s development and exploitation is outcome of mediation efforts exerted by Egypt […]
Read more »Via Nikkei Asia, an article on how the Taliban face feasibility and security doubts as their regime aims to shore up economy: An Afghan Taliban drive to stabilize the economy and improve sentiment toward the regime through new mining deals with Chinese and other companies is drawing skepticism. Faced with international sanctions and a bleak economic […]
Read more »Courtesy of Bloomberg, a look at how massive crude deposits first drilled by Exxon are transforming Guyana which – last year – grew 62%: Guyana’s economy will expand 38% this year as a wave of oil wealth transforms the South American nation, the International Monetary Fund said Monday. Massive offshore oil deposits first drilled by Exxon […]
Read more »Via Wall Street Journal, a report on Walmart boosting its online efforts at Massmart as part of renewed bet on fast-growing consumer markets in Africa: Walmart’s investment in Africa tanked. It is responding by doubling down. More than a decade ago, Walmart spent $2.4 billion to buy a controlling stake in South African retailer Massmart, which also […]
Read more »Via Modern Diplomacy, commentary on IMEC (India-Middle East Corridor) and its implications: PM Modi’s opening remarks at the G20 Meeting made references to overcoming the crisis of mutual trust among nations and the turbulent state of the global economy. The culmination of the G20 Summit 2023 in Delhi has resulted in some crucial developments in the […]
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