Via Bloomberg, a look at Indonesia’s surprising resilience and economic calm in the face of so much global turmoil: Call it a taper tantrum, times 10. Developing nations are reeling from the double whammy of Federal Reserve interest-rate hikes and China’s economic slowdown. They are burning through foreign reserves at the fastest pace since the 2008, to […]
Read more »Via Russia Briefing, a report that the Eurasian Economic Union (EAEU) may establish an industrial park in Cuba: Cuba has proposed that the Eurasian Economic Union (EAEU) create an industrial park on the island, the bloc stated on Friday (September 2). The initiative has been discussed during a recent virtual meeting of the Eurasian Economic […]
Read more »Via Quartz Africa, an article on Zambia’s efforts to control inflation and strengthen its currency When he first came into office, almost a year ago, Zambia’s new president was ridiculed by skeptics who called him, “the calculator boy,” for his strong focus on the economy and his background as an accountant. Looking back now, it’s evident […]
Read more »Courtesy of Nikkei Asia, a report on an Omani offer to build Gwadar’s railway which conjures up memories of Pakistan port’s past: A company from Oman is looking to invest in a train line that would link the Pakistani port town of Gwadar — envisioned as a key stop on China’s Belt and Road infrastructure network […]
Read more »Courtesy of The Diplomat, an article on the sizeable gap between China’s ambitions for the PSR and its actual capabilities and accomplishments in the Arctic – and the gap has widened since Russia’s invasion of Ukraine: This month, the Biden administration announced it would soon name an ambassador-at-large to cover the Arctic, as part of the […]
Read more »Via Quartz Africa, a report on the arrival of ride-hailing apps in Senegal: The old yellow cabs that whizz around Senegal’s capital city of Dakar are hard to miss. Beckoning at oncoming traffic, passengers compete on street corners to secure themselves a ride. Unlike many other African countries, ride-hailing apps are not yet common in […]
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