Archive
Blaze at Kenya airport reminder of fragility
A fire at Kenya’s and East Africa’s major airport could significantly hit the tourism sector highlighting the fragility in Kenya’s economy. The fire that ravaged Jomo Kenyetta International Airport (JKIA)
Czech Republic Prime Minister loses confidence vote
Czech Republic Prime Minister Jiří Rusnok lost a parliamentary vote of confidence on August 7 by a count of 100-93 (with seven members absent). This development raises many questions about
Confidence in EU Increases Amid Economic Crisis
Recent months have seen a significant boost in European business and consumer confidence, according to the latest official statistics published by Eurostat in late July. The data show that the
Trade to Benefit from Japan-India Strategic Alliance
The trend towards a growing alliance between Japan and India has gained momentum for some time, due to ongoing developments in the region involving China. Much focus in the international
IMF urges Japan to address debt and reform economy
Recently, there has even been hope that Japan might move away from its persistent deflation, yet the IMF continues to urge Tokyo to do more. The International Monetary Fund urged
Amazon Acquires Paper Following CIA Contract Dispute
At the end of July, news surfaced about a lawsuit Amazon had filed against the U.S. government. Amazon Web Services (AWS), the company’s cloud computing division, had won a $600
Oman’s Ports Welcome Outside Investors
Though the quiet Sultanate of Oman may not make international headlines very often, the good things happening at its ports will have positive implications both domestically and internationally. The majority
Complications Ahead for Afghanistan’s Election Reform
With the Afghan presidential election scheduled for April 2014, just three months after U.S. troops begin withdrawing from the Afghan combat mission, reforms to the previously highly flawed Afghan electoral
Cyprus Bailout Process Moves Forward Despite Risks
Monitors from the International Monetary Fund (IMF), the European Commission and the European Central Bank, collectively called the troika, visited Cyprus from July 17 until July 31 to assess the
The Real Reason High Oil Prices Lead to Instability
Businesses rarely gain from political instability so trying to predict unrest is a critical activity for any entity investing in a volatile corner of the world. One of the factors
