Via RANE Worldview, analysis of China’s BRI financing in 2023: What Happened: According to a study conducted by the Global Development Policy Center at Boston Univerity, China has significantly reduced the scale of its Belt and Road Initiative (BRI) financing in recent years as part of a strategic shift that has seen Beijing focus on more […]
Read more »Via The Diplomat, a report on the latest data which shows Pyongyang is continuing to adapt to U.N. sanctions, while trade is beginning to rebound from pandemic lows: North Korea has spent much of the pandemic financing its weapons programs and imports with stolen cryptocurrency. However, with trade between North Korea and China expanding in 2022, there […]
Read more »Via World Politics Review, a look at Cuba’s current economic crisis: Cuba is suffering. That was the inescapable conclusion from a recent trip to the island. The aged electrical grid is collapsing for lack of maintenance and spare parts, causing sporadic blackouts across the island. Factories bereft of raw materials and electricity are only operating […]
Read more »Via The Africa Report (subscription required), an article on Zambia’s hopes that new UAE cooperation will revive its solar dreams: Drought-prone Zambia hopes the $2bn direct investment from the UAE will help to reboot its quest for more renewable power sources after previous similar attempts in cooperation with the World Bank and China stagnated on […]
Read more »Via OilPrice.com, a report that the U.S. has granted a license to Trinidad and Tobago To develop a Venezuelan gas field: The U.S. Treasury has granted a license to Trinidad and Tobago, allowing the Caribbean nation to develop a gas field offshore Venezuela and do business related to the gas field with Venezuela’s state oil firm PDVSA, […]
Read more »Courtesy of The Financial Times, a look at Pakistan’s dire economic condition: Pakistan’s economy is at risk of collapse, with rolling blackouts and a severe foreign currency shortage leaving businesses struggling to operate as authorities attempt to revive an IMF bailout to relieve the deepening crisis. Shipping containers full of imports are piling up at […]
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