Courtesy of STRATFOR (subscription required) a detailed analysis of the Iranian currency crisis: Since late September, the Iranian rial has lost as much as 40 percent of its value against the U.S. dollar. The precipitous decline in the rial’s value broadly stems from the U.S.-led economic sanctions campaign against Iran and the imperfect options at […]
Read more »Via The Financial Times, a report on Nestle’s activities in Myanmar: Nestlé is one of the few multinationals that never really left Myanmar. It quietly allowed Thai traders to import its instant coffee and other products in the country and retained a small office to keep an eye on things. But, with economic sanctions ending, […]
Read more »Via The Diplomat, a look at Indonesia: When American economist Nouriel Roubini sets his sights on a country, it is often a cause for concern. Roubini is known by the comic book-villain monikers “Dr. Doom” and “Permabear”, nicknames he earned after successfully predicting the collapse of the U.S. subprime mortgage market and subsequent global economic […]
Read more »Via ValueWalk, a look at Myanmar’s manufacturing potential: After political reforms, following Myanmar’s democratic elections this past April, the United States government has decided to lift an export ban on the backwards S.E. Asian nation. Despite being among the most resource rich countries in the region, Myanmar lags far behind its emerging competitors, with a […]
Read more »Via STATFOR (subscription required), a report on the recent Sudan – South Sudan oil deal: Sudanese President Omar al Bashir and South Sudanese President Salva Kiir signed a deal late last week allowing South Sudan to resume oil exports, which had been cut off since January due to a dispute over transit and production fees. […]
Read more »Via Energy Tribute, an updated look at Iran’s economy: Since Mahmoud Ahmadinejad first became President of Iran, in August 2005, the country’s economy has gone from bad to worse. Iran now ranks near the bottom – 144 out of 183 countries – in the World Bank’s Doing Business 2012, an authoritative report that measures the […]
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