Tag "Oil"
Fixation on oil kills economic potential in Nigeria
Africa’s largest economy, Nigeria relies on sale of crude for about 90% of its foreign exchange earnings. The economy has been hit hard by the fall in global oil prices over
The Kuril Islands: Power projection and resource protection
The Kuril Islands dispute between Russia and Japan is not so much noteworthy with respect to its past origins, but rather for what it portends for Russia’s future foreign policy
Status quo in Azerbaijan election, but future less certain
Azerbaijan’s economy has grown spectacularly over the last 15 years, due to an abundance of fossil fuels in the Caspian Sea. Elections on November 1st appeared to show continuity but the
Denis Sassou Nguesso’s dangerous game in Congo Brazzaville
After a contested referendum on allowing president Nguesso a third term, Congo Brazzaville, one of the continent’s largest oil exporters, braces itself for what comes next as the opposition rejects
Risky Fumes: The coming diesel regulatory shakeup
The VW emission-cheating scandal has drawn a great deal of media attention, sparking public outrage and casting all sorts of doubts about the once promising greener nature of Diesel engines
Three reasons behind Algeria’s stagnant tourism industry
Despite the Algerian government’s claim to make the tourism sector a priority, the country’s tourism industry is still almost inexistent. According to the Travel and Tourism Council, in 2015 Algeria
Papua New Guinea is falling short of its potential
Falling commodity prices alongside poor political governance have meant that Papa New Guinea, rich in natural resources, is seemingly not fulfilling its potential. Papua New Guinea is one of the
Lake Turkana: A land of opportunity?
Lake Turkana region in north-west Kenya is attracting significant foreign investment. However, political and security dynamics are sensitive, fragile and complex. Turkana County, an underdeveloped, remote and impoverished part of
Coffee, anyone? Multinationals take risks in war-torn South Sudan
Uganda is withdrawing its troops from South Sudan. This will heighten political risks for investors and businesses across South Sudan in the short and medium term. In the long-term, high
China divided: Beijing struggles for control
The 60th anniversary of the establishment of the autonomous region of Xinjiang has been saluted by Beijing as a great step toward a stronger national unity. However, rising tensions and
