Via The Maritime Executive, a report that Sudan has cancelled the UAE’s planned $6B port investment: The military government of Sudan has canceled a $6 billion port deal with the United Arab Emirates over the UAE’s alleged weapons transfers to the Rapid Support Forces (RSF), the Sudanese militia that launched a brutal civil war in April 2023. An […]
Read more »Via The Diplomat, an article on new Chinese investment in Kazakhstan, most of which involve a steel and mining company recently acquired and renamed by a state-owned private equity firm in the wake of a tragic mining accident: During a working visit to Shanghai this week, Kazakhstan’s Prime Minister Olzhas Bektenov attended a Kazakh-Chinese investment roundtable, […]
Read more »Via Bloomberg, an article on the floating armories that are helping Russia profit enormously from its oil trade despite widespread sanctions: Somewhere off the coast of Eritrea on July 20th last year, the Vernadsky Prospect — stocked with 730,000 barrels of Russian crude — started broadcasting a message: “Armed guard on board.” The 250-meter long […]
Read more »Courtesy of the Wall Street Journal, a look at how Brazil is now the biggest overseas market for BYD as China pushes out Western carmakers from America’s backyard: When Ford Motor shut its factory here in 2021 after more than a century in the country, Uelcson Alves and the automaker’s thousands of other workers in this once-thriving […]
Read more »Via The Diplomat, an article on Mongolia’s plans to build a new city close to the ancient ruins of Kharkhorum and make it their new seat of government: Kharkhorum, the one-time seat of the vast Mongol Empire, was so renowned in its day that travelers from as far away as Europe entered its walls to […]
Read more »Via Statista, a graphical look at the 10 fastest-developing cities on Earth: Out of the world’s top 15 growth hubs, 14 are forecast to be located in Asia, according to the Growth Hub Index 2024 by British real estate service Savills. These cities have been identified as set to develop particularly quickly by 2033, based on indicators […]
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