Courtesy of The National, a look at the troubles making the Iran-Pakistan gas pipeline project a risky venture and, in some people’s eyes, a pipe dream. As the article notes: “…Pakistan’s south-western province of Balochistan, which shares long borders with Iran and Afghanistan, is the key area for strategic gas pipeline projects from energy-rich Iran, […]
Read more »Courtesy of The Financial Times, an interesting look at investing in Egypt, in the face of the violent protests ongoing there. As the article notes: “…An old adage, reputedly coined by Nathan Rothschild during the Napoleonic Wars, urges investors to be contrary, and “buy at the sound of cannons, and sell at the sound of […]
Read more »Courtesy of the China Law blog, an interesting second look at China’s economic relationship with, and influence on, Cambodia. As this article notes, there is some resistance to Chinese investment that is starting to emerge: “…I commented [earlier] on the rumors of extensive investment by China into Cambodia. The rumor at that time was that […]
Read more »Courtesy of The Financial Times, a report on the Mongolian stock exchange: “…The world’s best-performing stock market last year was, of course, in an emerging economy. But rather than a steel-and-glass tower rising above a heaving megalopolis, it was in a cheerful pink former children’s cinema in Ulan Bator. This is the Mongolian Stock Exchange, […]
Read more »Courtesy of The Globe & Mail, a detailed report on Vietnam’s economic growth: “…Nguyen Duc Tai was on a mission one sweltering January morning in Vietnam’s commercial capital, Ho Chi Minh City. Flush with cash from his annual bonus, he wanted to buy his wife a new mobile phone, a gift for the coming Tet […]
Read more »Via Nicholas Vardy, a look at Turkey: “Strategically ensconced between the European West and the Islamic East, Turkeyis a country of just over 72 million people — roughly twice the population of California. The unheralded “economic tiger” of emerging markets, Turkey grew at an average rate of 7.5% between 2002 and 2006, faster than any other OECDcountry […]
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