Via Quartz, a report on another oil related transaction between Venezuela and China: The bigger the oil deal, the bigger the portrait. Chinese president Xi Jinping pledged $4 billion in loans to Venezuela while visiting president Nicolás Maduro this week. The agreement will raise Caraca’s existing debts to Beijing by almost 25%, to over $20 billion—money that the country […]
Read more »Via Eurasia Review, a detailed look at Iran’s energy profile: Iran holds some of the world’s largest deposits of proved oil and natural gas reserves, ranking as the world’s fourth-and second-largest reserve holder of oil and natural gas, respectively. Iran also ranks among the world’s top 10 oil producers and top 5 natural gas producers. […]
Read more »Courtesy of the Financial Times, a look at Myanmar’s economic growth: Following his “flipping the switch” on political reform, Thein Sein, Myanmar’s president, has embraced the international donor community – of bilateral and multilateral agencies led by the Asian Development Bank, the World Bank and the IMF – in an agenda of good governance and […]
Read more »Via the Financial Times, an article on Coca Cola’s plans for the Mexican market: Investment in Mexico: it’s the real thing. Coca-Cola’s announcement that it will pour $1bn into the country every year until 2020 is just the latest in a string of recent big-ticket spends in a country where manufacturing is leading the country […]
Read more »Courtesy of The Diplomat, an interesting look at Turkmenistan: While we are long accustomed to hearing about the prowess of Kazakhstan’s oil-driven economy, or Uzbekistan’s assertiveness as the self-anointed regional leader, Turkmenistan rarely makes any news, except in the negative. Indeed it has a reputation, earned mainly under former President Separmurad Nyazov, as an authoritarian […]
Read more »Courtesy of Foreign Policy, an interesting report on the Gap’s plans to enter the former pariah state: Gap Inc. began considering operating in Myanmar almost a year after the United States and the European Union formally eased sanctions on the former pariah state; it took another year of preparation before the company became the first […]
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