Courtesy of Foreign Affairs, commentary on how America can help foster an African economic boom: In U.S. policy circles, Africa is generally viewed as a backwater, peripheral to U.S. economic and security priorities. That status is reflected in U.S. diplomacy. The last visit by a U.S. president to an African country was then President Barack Obama’s […]
Read more »Via The Diplomat, a look at the North Korean government’s persistent efforts to acquire foreign currency which reflects the severity of the economic crisis the country is facing: In recent years, the North Korean government has intensified efforts to collect foreign currency held by its citizens. This situation not only reflects North Korea’s lack of foreign […]
Read more »Courtesy of The New York Times, an article on a new generation of Ivory Coast chocolatiers who are striving to change an industry that has long left cocoa farmers in poverty: The worker carefully peeled the husks from the cocoa beans to keep them from breaking, then tipped them into a metal tray that a colleague […]
Read more »Via Radio Canada International, a report on a Turkish company’s plan to help rescue a LNG project in Arctic Russia: Big western companies are pulling out of Novatek’s grand Arctic LNG 2 project. Turkish companies, among them Karpowership, appear ready to take their place. The unprecedented Arctic industrialization that over the past years has unfolded along […]
Read more »Via Al Jazeera, an article on Turkey’s decision to resume gas exploration in the eastern Mediterranean: Nearly two years after Turkey halted offshore gas explorations in contested waters in the eastern Mediterranean, a Turkish drillship has departed from the port of Mersin to search for gas in the region. The Abdullhamid Han drillship set sail on […]
Read more »Via Asharq Al Awsat, an article on Saudi PIF acquiring stakes in 4 Egyptian companies worth $1.3b: The Saudi Egyptian Investment Company (SEIC), owned by Saudi Arabia’s state-owned Public Investment Fund (PIF), has bought minority stakes in four Egyptian companies for $1.3 billion, Egypt’s planning ministry said on Wednesday. The companies are Abu Qir Fertizilers and Chemical […]
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