Via The Financial Times, a report on Myanmar’s uneven path towards more liberal foreign direct investment policies. As the article notes: The “will of the people” is not a phrase you hear very often in government communications about foreign direct investment in Myanmar. But that is the reason the nominally civilian government of president Thein […]
Read more »Via Forbes, commentary on the future of free enterprise in North Korea. As the article notes: “DOES THE DEATH of Kim Jong Il portend any change in foreign trade and investment with a range of “enemies,” including the U.S.? Maybe. Dear Leader’s anointed successor, third son Kim Jong Un (a.k.a. “Brilliant Comrade”), is believed to […]
Read more »Courtesy of The Oil and The Glory, an interesting article on how the West is wholly missing China’s geopolitical focus. As the report notes: On a recent visit to China, Turkmenistan President Gurbanguly Berdymukhamedov smiled broadly as he was awarded the title of Emeritus Professor at Peking University. Yet his satisfaction was probably less the […]
Read more »Courtesy of Emerging Markets Insight, a look at what Iran’s currency devaluation may mean for business there: While political instability dominated headlines in the Middle East, the Iranian rial quietly devalued by 35% against the dollar at local currency exchange bureaus during a four-month period. Continued devaluation increases the likelihood of further instability in the […]
Read more »Via Foreign Policy, a report that China has won an Afghan oil contract: Any suspicions that the US went into Afghanistan to secure access to resources went out the window last week. On Wednesday, Tom A. Peter over at the Christian Science Monitor reported, “China’s National Petroleum Corporation became the first foreign company to tap […]
Read more »Via the Fars New Service, a report that the National Iranian Oil Company (NIOC) has discovered two new oil fields. As the article notes: “We will release the detailed information of these two new oil fields by the end of the current (Iranian) year (ending March 20),” Mohaddes told reporters in Tehran on Wednesday. He […]
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