Via East Asia Forum, commentary on Cambodia’s economy: From 1999 to 2019, Cambodia’s economy surged, displaying an impressive compound annual growth rate of 7.7 per cent and driving a fivefold increase in per capita income from US$323 to US$1621. But these statistics belie the country’s underlying structural frailties. The COVID-19 pandemic in 2020 laid bare […]
Read more »Via Semafor, a report on how BRICS influence in Africa is growing with TV media deals: The BRICS economic bloc of countries is aggressively expanding its media presence in Africa through its Moscow-headquartered broadcast network to counter Western narratives in the Global South. TV BRICS — which is centered on programming from member countries Brazil, […]
Read more »Via Bloomberg, a report on Somalia’s debt deal: Somalia is coming in from the cold. On Wednesday, the Horn of Africa nation ended three decades of being locked out of the global financial system when it signed an agreement with multilateral lenders canceling $4.5 billion of debt it couldn’t repay. It’s a testament to the […]
Read more »Via Geopolitical Futures, a look at how – unlike Beijing – Tokyo is targeting specific regions in Central Asia and Latin America, as well as, sectors to enhance its influence: As Japan grows more ambitious as a regional leader, it has enhanced its diplomatic outreach accordingly. In late November, for example, reports emerged that Tokyo […]
Read more »Courtesy of Semafor, a look at why consumer goods multinationals are fleeing Nigeria Multinational companies are cutting back their presence in Nigeria or pulling out altogether as currency problems hamper their operations and hurt consumers. Procter & Gamble, an Ohio-based consumer goods giant, last week became the latest big company to scale down its operations. […]
Read more »Courtesy of Reuters, a report on discussions between China and Vietnam about a new rail link through a rare earths heartland: China’s foreign minister visits Hanoi amid plans for Xi’s trip Upgraded rail link may be part of Belt Road China is top investor in Vietnam despite maritime tensions China and Vietnam are working on […]
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