Via The Diplomat, an article on Ashgabat’s efforts to achieve a functioning and competitive market economy: Turkmenistan, within the Soviet Union from 1925 to 1991, existed under a system in which everything related to the economy was controlled and planned by the government. What to produce, how to produce, and who to produce it for were determined […]
Read more »Via The Diplomat, an article on how the Sri Lankan government could take advantage of the crisis to do things that it could never attempt before, from addressing regressive subsidies to restructuring state-owned enterprises: Winston Churchill’s famous dictum, “Never let a good crisis go to waste,” could not be more apt for Sri Lanka in […]
Read more »Via Reuters, a report that a Chinese defence firm has taken over lifting Venezuelan oil for debt offset : China has entrusted a defence-focussed state firm to ship millions of barrels of Venezuelan oil despite U.S. sanctions, part of a deal to offset Caracas’ billions of dollars of debt to Beijing, according to three sources and […]
Read more »Via Rest of World, an interesting look at WhatsApp grocery shopping, which is already huge in Brazil: Whenever Ana Lúcia Almeida Gazzola wants to impress her guests, she cooks shrimp with butter, lemon, and rosemary. It’s a simple recipe that the 72-year-old retired professor from Belo Horizonte found online. But it relies on good-quality shrimp, which […]
Read more »Via Clean Technica, a report on Indonesia’s ambitions to be more than a supplier of raw materials to the world – it wants the world to build products within its borders: The United States is desperate to move the supply chain for electric vehicles — especially battery materials — back onshore after 50 years of offshoring […]
Read more »Courtesy of Latinometrics, an updated look at Latin America’s biggest start ups: LatAm’s Biggest Startups One of our first charts was about Latin America’s unicorns (startups worth $1B+). In November of last year, we reported 21 of them. Today, about ten months later, there are 32. By far the most significant increase happened in Mexico, where unicorns […]
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