Courtesy of The Financial Express, a report on ONGC Videsh Ltd’s (OVL), the special-function arm of state-owned oil and gas producer ONGC, efforts in finding equity oil abroad especially in Iran. As the article notes: “Iran is strategically important for us, as in a world worried over the progressive depletion of hydrocarbon reserves it is […]
Read more »Via The Boston Herald, news that Cambodia will soon start construction on a building to house its first stock exchange which it hopes will help draw foreign investment to the impoverished country. As the article notes: “…A South Korean firm, World City Co. Ltd., was awarded the contract to build the $6 million building in […]
Read more »Courtesy of Stratfor (subscription required and recommended), a terrific two-part analysis of Uzbekistan withdrew from Central Asia’s Unified Power System, a synchronized electric grid linking Kazakhstan, Uzbekistan, Kyrgyzstan and Tajikistan. The move is part of a series of disputes between Central Asia’s five countries. The region’s geography and distribution of resources is likely to make […]
Read more »Courtesy of Radio Australia, an interesting interview on Pakistan’s energy sector in light of the geopolitical “game” currently unfolding in Central Asia. As the article reports: QADRI: Pakistan is not just a gateway to mineral resource wealth in Central Asia and the Middle East, it is itself rich in minerals and fossil fuels. According to […]
Read more »Courtesy of The Providence Journal, an article examining the potential of the West Bank as an investment opportunity. As the report notes: “…FOR NEARLY 30 YEARS, I’ve made my living identifying golden opportunities to invest in the bonds and other debt instruments of such developing world countries as El Salvador, Nigeria, Turkey and Zambia. I’ve […]
Read more »Courtesy of The Telegraph, an interesting look at Zimbabwe as an opportunity for intrepid investors since the Movement for Democratic Change took over Zimbabwe’s economy earlier this year. As the the article notes: “…Prices were doubling every 24 hours, a feat matched only by Hungary in 1946. Zimbabwe was surviving on dollar and rand remittances […]
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