Courtesy of Ozy, a detailed look at Kazakhstan: It doesn’t take more than a few minutes in Astana — Kazakhstan’s futuristic new capital — to make you forget what little you may have assumed about the country, most of it no doubt from a certain Sacha Baron Cohen movie.Until about a decade ago, Astana was […]
Read more »Via the Globe and Mail, an interesting look at Venezuela’s petroleum industry: When Venezuelan oil minister Rafael Ramirez recently announced an ambitious new target of six million barrels per day by 2019, the state-run press heralded the imminent expansion of an industry vital to the country’s health. But people here heard the news and rolled […]
Read more »Via Forbes, a report on Mongolia: On the outskirts of Ulaanbaatar, a nomadic family of herders is sitting outside their ger (the family tent commonly called a “yurt” in the West) watching Bloomberg TV…on a high-definition flat-screen television powered by a mobile solar generator and a satellite dish. As Harris HRS +2.92% Kupperman, President of […]
Read more »Via Ozy, an interesting look at Cuba: Cuba’s new business leaders are as different from the 1950s’ legendary bearded guerrillas as an all-electronic Tesla is from the vintage gas-guzzling Chevys that still cruise the streets of Havana. In post-Soviet Russia, ambitious bureaucrats connived to purchase state-owned oil and gas companies. In Cuba today — emerging […]
Read more »Via the Christian Science Monitor, a look at Kazakhstan’s prospects look up for oil and gas, even with its giant Kashagan oil field down: A consortium in Kazakhstan led by U.S. supermajor Chevron said it set a production record in the country’s western Tengiz oil field and last week, China said it was piping in […]
Read more »Via the Eurasia Review, an update on Yemen’s economic performance: Yemen’s economy posted positive indicators at the end of 2013, recording a growth rate in real Gross Domestic Product (GDP) of about 5.4%, according to a government report. The Ministry of Finance report pointed to a number of positive economic developments over the year, including […]
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