Via Rest of World, a look at how Chinese EV battery firms are being drawn to Hungary’s access to European automakers, government subsidies, and favorable relations with China: As Chinese EV companies go global, many battery manufacturers are expanding to Hungary. Strong bilateral relations and a favorable business environment have made Hungary an appealing destination […]
Read more »Via Real Clear World, an article on how an energy boom in Africa has sparked a power grab in Senegal: As Senegal stands on the cusp of an energy boom with its recent discovery of substantial oil and natural gas reserves, the nation faces a pivotal crossroads between economic prosperity and the risk of descending […]
Read more »Via Ars Technica, an interesting report on how AI fever has turned Anguilla’s “.ai” domain into a digital gold mine: Anguilla, a tiny British island territory in the Caribbean, may bring in up to $30 million in revenue this year thanks to its “.ai” domain name, reports Bloomberg in a piece published Thursday. Over the past year, skyrocketing interest […]
Read more »Via Nikkei Asia, a look at how the climate ‘breakthrough’ funded by G7+ investors misses its deadline in Indonesia, while Hanoi’s $15.5bn plan is delayed: Last November, G20 leaders in Bali hailed what they said was a transformational climate change finance deal to help wean Indonesia off coal. Nine months on, not a single dollar of […]
Read more »Courtesy of The Africa Report, a report on Ghana’s hopes to become the first nation on the continent to achieve full vertical integration in the aluminium industry: Picking up from what has been left of a 1960s attempt to build an aluminium empire, Ghana Integrated Aluminium Development Corporation (GIADEC) is seeking to attract $6bn worth […]
Read more »Via Bloomberg, an article on emerging markets’ stock index performance in August: Turkey and Egypt have gone from underdogs to star performers as emerging-market stocks endured the worst August since 2015. Stocks traded in Istanbul and Cairo are the biggest gainers among peers in the month, defying a 6% slump across emerging markets. The nations’ policy resets […]
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