Courtesy of Nikkei Asia, a report on the Myanmar military regime active promotion of EVs via a tariff exemption and ban on gasoline-powered cars: The number of electric vehicles in Myanmar has increased more than sixfold in a year as the military regime exempts EVs from tariffs and imposes an import ban against gasoline-powered autos. New […]
Read more »Via the International Railway Journal, an article on Liberty Corridor, a project which includes a new heavy haul railway to the port of Didia: THE government of Liberia has signed a letter of intent with High Power Exploration (HPX) and Guma Africa Group to enter into negotiations over the joint development of the Liberty Corridor […]
Read more »Courtesy of the New York Times Magazine, an interesting report on how a mundane contractual provision met with Nigeria’s rampant corruption — revealing a serious vulnerability in one of the backbones of international commerce: Like a lot of explosive financial scandals, the story of Michael Quinn and Brendan Cahill could fairly be described as a […]
Read more »Courtesy of The Diplomat, a look at a new approach to utilizing the potential of the two-country railway line between Ethiopia and Djibouti has already been producing several of the desired results. A people-centered turn is yet to come: The Addis Ababa-Djibouti Railway (AADR) has been in operation since 2018 – the year when we […]
Read more »Via Bloomberg, an article on Alibaba’s efforts to find Middle Eastern partners: Chinese e-commerce giant Alibaba Group Holding Ltd. has sought to partner with local firms in Saudi Arabia and the United Arab Emirates as China deepens its ties with the Gulf. “One of the things we’ve chosen to do, which is a little unusual […]
Read more »Via The Wall Street Journal, a report on how Wall Street won a battle Over Venezuelan sanctions: After the U.S. dropped a broad array of sanctions against Venezuela in October, it warned that it could reimpose all of them, except one. The White House admitted that its ban on buying Venezuelan bonds was a failure that had […]
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