Via Rest of World, a look at how Chinese EV battery firms are being drawn to Hungary’s access to European automakers, government subsidies, and favorable relations with China: As Chinese EV companies go global, many battery manufacturers are expanding to Hungary. Strong bilateral relations and a favorable business environment have made Hungary an appealing destination […]
Read more »Via Real Clear World, an article on how an energy boom in Africa has sparked a power grab in Senegal: As Senegal stands on the cusp of an energy boom with its recent discovery of substantial oil and natural gas reserves, the nation faces a pivotal crossroads between economic prosperity and the risk of descending […]
Read more »Courtesy of The Diplomat, a report on how Latin America – dependent on commodity exports and with few other options for finance – will likely be among the regions most harmed by a protracted downturn in China’s economy: In July 2023, data showed exports from China falling by an unprecedented 14.5 percent year-on-year, while imports fell 12.4 percent, the worst […]
Read more »Via Ars Technica, an interesting report on how AI fever has turned Anguilla’s “.ai” domain into a digital gold mine: Anguilla, a tiny British island territory in the Caribbean, may bring in up to $30 million in revenue this year thanks to its “.ai” domain name, reports Bloomberg in a piece published Thursday. Over the past year, skyrocketing interest […]
Read more »Via FinTech Magazine, a look at how – as smartphone penetration increases – underserved countries like Pakistan are in the middle of a financial renaissance thanks to fintech, with local fintech players playing a pivotal role in defining the future of financial inclusion: There’s renewed focus on using fintech to reduce financial inequality in emerging […]
Read more »Via Nikkei Asia, a look at how the climate ‘breakthrough’ funded by G7+ investors misses its deadline in Indonesia, while Hanoi’s $15.5bn plan is delayed: Last November, G20 leaders in Bali hailed what they said was a transformational climate change finance deal to help wean Indonesia off coal. Nine months on, not a single dollar of […]
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