Courtesy of Fortune (subscription required), an interesting article on Kurdistan: A Kurdish government soldier patrols near an oil refinery outside the city of Kirkuk, which is in a heavily disputed area. If you head up the northern highway that cuts through Iraq’s semiautonomous region of Kurdistan, a turnoff to the east leads you into the […]
Read more »Via Eurasia Review, a detailed look at Libya: Libya is a country located in Northern Africa that borders the Mediterranean Sea. Until the 1950s, it was regarded as another poor African state, but the discovery of oil greatly increased its wealth, turning it into one of the richest African countries and also increasing its significance […]
Read more »Courtesy of STRATFOR (subscription required), a report on the latest dispute between South Sudan and Sudan: South Sudanese President Salva Kiir Mayardit. (SIMON MAINA/AFP/Getty Images) Summary As South Sudan and Sudan attempt to work out a more permanent settlement regarding oil revenue and border demarcation — the current agreements expire in three and a half years — […]
Read more »Via Emerging Markets Insights, a look at Angola: I have already discovered this on my first day of touching ground in Luanda. Even though I knew Angola’s capital is famously the most expensive city in the world, prices are even beyond one’s wildest imagination. A pretty average hotel room that already cost 450 USD a […]
Read more »Via Bloomberg BusinessWeek, an interesting look at Mongolia: The Mongolian Stock Exchange occupies a single room inside a gray building that once housed a children’s movie theater, just off Sükhbaatar Square in the capital city of Ulaanbaatar. On any given day, it’s quieter than the nearby National Library, as 20 or so traders in cubicles […]
Read more »Via How We Made It In Africa, a report on Lagos’ economic power: Lagos, Nigeria’s commercial hub, could soon have a US$45 billion economy – equivalent to that of Ghana, according to a recent report produced by Renaissance Capital economist Yvonne Mhango. Mhango says that the size of Lagos State’s economy is currently about US$32 […]
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