Via Bloomberg, an interesting report on Afghanistan’s renewed efforts to sell New Kabul Bank: For sale: One bank with 114 branches in war-torn country; defrauded out of almost all its money; occasional target of terrorists. Ready to bid? That’s what Ashraf Ghani, president of Afghanistan, is hoping. He’s seeking a buyer for Kabul Bank, once the […]
Read more »Via PressTV, a look at Iran’s solar potential: Iran’s climate ranges from arid to subtropical, and the country has lots of sunshine throughout the year, making solar power production quite viable there. (file photo) A German government research reveals ‘excellent’ opportunities for solar power generation in Iran. “Iran’s potential for PV (Photovoltaics) is extremely high, […]
Read more »Via Lucky Peach, a look at North Korea: I skipped the in-flight meal on Air Koryo—the only North Korean airline, which consists mostly of a small fleet of planes bought at discount from Russia in the late 1980s, decorated with yellow wallpaper and silk doilies on the headrests. When the flight attendant produced from her cart […]
Read more »Via Frontera News, a look at Gwadar, the city at the center of the Pakistan-China Economic Corridor: Think of Dubai – dazzling shopping malls, yacht marinas, the world’s tallest tower. And then Pakistan. If you’re a consumer of news headlines, the mind’s eye is more likely to capture terror attacks and drone bombs. But that’s […]
Read more »Via Stasha’s Macro World analysis, commentary on the likelihood of Iran – with international sanctions being lifted and with the country boasting one of the most advanced and diversified economies in the MENA region – becoming the next Middle Eastern superpower by 2025: The Iranian nuclear deal struck at Vienna last year will undoubtedly lead to a […]
Read more »Via the Financial Times, an interesting article on Mongolia: Four years ago, Mongolia’s economy was the fastest growing in the world, the stock market was booming and the future looked very bright. This year, the consensus is for growth at no more than 1 per cent and all of the rating agencies have sovereign risk […]
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