Courtesy of The Financial Times, a report on Namibia’s plans to double GDP growth from oil and gas finds: Namibia could double its annual GDP growth to 8 per cent within a decade and reduce its dependence on diamonds because of new offshore oil and gas finds, according to the southern African country’s mining and energy […]
Read more »Courtesy of the New Yorker, a look at New Caledonia, home to thousands of species found nowhere else—and to nickel that companies like Tesla desperately need: In September, 2020, Elon Musk and a Tesla executive named Drew Baglino put on matching T-shirts and took the stage in a California parking lot. To mark what the company […]
Read more »Courtesy of The Financial Times, an article on Hungary, which has captured more than a quarter of Chinese capital flowing into Europe since 2022: Viktor Orbán has turned Hungary into the main home for Chinese capital in Europe, capturing more than a quarter of all Chinese investment coming into the continent over the past two […]
Read more »Via Reuters, a report on a contested DRC mining project: Chemaf cash crunch worsens as Norinco deal stalls US officials say alternative to Norinco must be found, source says Gecamines says China’s Norinco will not buy Chemaf assets The Democratic Republic of Congo’s state miner Gecamines is offering $1 million to buy cobalt and copper […]
Read more »Courtesy of The Diplomat, commentary that – to truly counter China’s Belt and Road – the G-7 needs a new development business model with the Global South: As the world economy fractures into “West” and “East,” the race for the Global South is on. Decoupling is reconfiguring supply chains, and the Global South wants a […]
Read more »Via the IMF, commentary on how emerging markets hold both the reins of future growth and the keys to the future of multilateralism: As advanced economies turn increasingly inward, emerging markets have an important stake in the defense against global economic fragmentation. Having grown in both size and global economic stature—on the back of greater […]
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