Via The Washington Post, a report that the Central Asian nation of Turkmenistan is sitting on top of the second-largest natural gas field in the world, according to figures unveiled by an independent British auditor. As the article notes: “…The assessment by Gaffney, Cline & Associates will likely be greeted with relish by the ex-Soviet […]
Read more »Via Reuters, a report on China’s focus on Afghan natural resources: The Chinese passengers boarding the weekly Ariana Flight 332 from the remote western city of Urumqi to Kabul speak volumes about ties between a rising China, the world’s number two economy, and its desperately poor and unstable neighbour, Afghanistan. Of at least nine Chinese, […]
Read more »Via Foreign Policy, a very interesting article on the Pentagon’s recent handling of Afghanistan’s natural resources. As the article notes: In about a week, the Afghan Ministry of Mines will announce that the China National Petroleum Corp. (CNPC) — the largest state-owned Chinese company — has won the rights to develop and explore several oil […]
Read more »Via The Financial Times, an interesting article on another raft of multi-billion dollar commercial deals between China and an African country. As the article notes: “…According to Reuters, China has agreed to $2.5bn in investment projects with South Africa. While details of the investments are sketchy, the move is the latest illustration of China’s ambitions in the continent. […]
Read more »Via The BBC, a report on the possibility of Russia piping gas to Seoul via North Korea. As the article notes: “…Looking at the map, it is a no-brainer. Less than 700km (435 miles) separate one of the world’s biggest energy producers and one of its neediest consumers. Russia sells natural gas; South Korea wants […]
Read more »Courtesy of The Financial Times, an interesting article on Nigeria’s growing middle class and the likely impact it will have on economic growth in that country: Nigeria may be a country plagued by corruption, violence and pockets of deep poverty but it’s also home to the largest middle class in Africa. And that middle class, […]
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