Courtesy of Riches Among The Ruins, an interesting look at the Palestine Securities Exchange. As the article notes: “…Last year, I met with a Palestinian official named Dr. Jihad al-Wazir, the governor of the Palestinian Monetary Authority. He explained to me his vision for financial modernization and transparency as a way forward for the West […]
Read more »Courtesy of Mark Mobius’ blog, an examination of Jordan’s progress and market potential: “…Jordan is a modern democratic constitutional monarchy with the King as head of state. It has a highly educated population of about 6.1 million with a growing middle class. The government’s focus has been on economic reform and growth. The role played […]
Read more »Courtesy of The Financial Times, an interesting historical look at the term BRIC and how it came to be. While we primarily track black sheep markets even further off the radar than BRICs, this article is both entertaining and instructive: “…On the desk of Jim O’Neill, chief economist for Goldman Sachs, stand four flimsy flags. […]
Read more »Courtesy of Seeking Alpha, an interesting look at the continued rise of national oil companies: “…Iraq currently boasts the world’s third-largest proven reserves of conventional crude oil, behind Iran and Saudi Arabia. Figure 1 shows countries with the largest crude oil reserves. If Canada’s tar sands were factored in, then Iraq would be edged into […]
Read more »Via The Asia Times, an in-depth look at the strategic and regional implications of the 1,833-kilometer Central Asia Pipeline from Turkmenistan to China. As the article notes: “…For all the rhapsodies on the advent of the New Silk Road, it may have come into effect for good last week, when China and Central Asia got […]
Read more »Via Reuters, an interesting look at Bhutan’s stock exchange, where stocks are traded on just four computers — when they have not crashed — only twice a week. As the article notes: “…I’ve got one order to sell 2,820 shares,” said 23-year-old Deki Peldon, the only broker for today’s short trading hours in Thimphu, the […]
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