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Ivorian Government Post-crisis Achievements Praised
A joint delegation from the International Monetary Fund (IMF) and the World Bank (WB), who were on a two-week mission to Ivory Coast has commended the efforts made by the new government after the country’s five-month post-election crisis in which over...
Tajikistan to Proceed with Rogun Hydroelectric Dam
According to Tajikistan’s Finance Ministry, next year the government will assign more than $223 million of budgetary funds to continue construction of the Rogun hydroelectric facility.
Mongolia Energy Riches Attract Neighbors And Outside Interests
Pity poor Mongolia, bereft of fiscal resources, caught between the ambitions of its superpower neighbors, Russia and China. Ulaan Bator’s situation is akin to interwar Poland, dexterously attempting to reconcile its foreign policy between the USSR’s...
South Africa Agrees to 2.4 Billion Rand Bailout for Swaziland
South Africa has agreed to a 2.4 billion rand (about $355 million) bailout for Swaziland to help the impoverished southern African nation going through a chronic cash crisis, the Times of Swaziland said on Wednesday.
The Quiet Revolution: Latin America Moving Away From Washington’s Influence
Perhaps the biggest foreign-policy story of the past decade, thoroughly overlooked by the American media after 9/11 and its subsequent monomaniacal focus on terrorism, security and the wars in Iraq and Afghanistan, is the fact that Latin America has essentially...
Iran’s Six Months of Targeted Fuel Subsidies Deemed Successful
On 19 December 2010 Iran introduced targeted subsidies in an effort to control inflation. Iran was urged to do so by international organizations such as the International Monetary Fund.
Swaziland Asks South Africa for Economic Bailout
Swaziland, Africa’s last absolute monarchy, has asked South Africa for a bailout to remedy a fiscal crisis that has sparked rare political protests, South African Finance Minister Pravin Gordhan said on Thursday.
U.S. – Venezuelan Relations – Just ‘Frozen’ Or Beyond Repair?
According to the U.S. Energy Administration, two months ago the United States total crude oil imports averaged 9,033 thousand barrels per day (tbpd), with the top five exporting countries being Canada (2,666 tbpd), Mexico (1,319 tbpd), Saudi Arabia (1,107...
