Via Bloomberg, a report on the Philippine’s economic growth: Philippine growth unexpectedly accelerated to the fastest pace in almost three years, defying a regional slowdown as President Benigno Aquino boosted investment and state spending. The peso reversed its decline. Gross domestic product rose 7.8 percent in the three months through March from a year earlier, […]
Read more »Courtesy of OilPrice.com, an interesting look at Namibia petro potential: Africa’s fabled mineral riches have excited foreign imaginations for centuries. When in 1324, Mali’s king Mansa Musa, who had converted to Islam 18 years earlier, made his haj to Mecca, his 60,000 man caravan carried 12 tons of gold on the back of their camels, […]
Read more »Via Huffington Post, a report on American fast food’s arrival to Mongolia: Mongolia, a land once synonymous with isolation and rural hardship, is at the beginning of a transformation. Newly tapped mines beneath the Gobi desert and elsewhere, rich in copper, coal and gold, have resulted in a surge of wealth that has brought electricity, […]
Read more »Via Eurasia Review, an article on China’s vision for Nepal: Given its strategic location, Nepal is of immense importance to both India and China. On the north it is surrounded by China (TAR) and on south, east and west by India. Economically, Nepal can act as a bridge between India and China. The commentary addresses […]
Read more »Via North Korea Tech, a report on the rapid growth of mobile telephony in North Korea: Koryolink, North Korea’s sole 3G cellular service provider, is close to hitting the 2 million subscriber mark. The news was disclosed this week by the Koryolink CEO Ezz Heikal in Pyongyang and later confirmed by the company’s head office in […]
Read more »Via the International Business Times, a look at Afghanistan’s economic future: In the armored splendor of the Serena Hotel — all sparkling cream-colored marble, ornate dark woods and vibrant Afghan carpets, behind three layers of security and imposing blast walls — the new Kabuli elite mingle relentlessly. Businessmen clad in Western-style suits, and a few […]
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