From out of nowhere oil revenues laundering case is back to haunt Turkey’s strongman. Officials act to stop shorting of lira and banking shares.
Uzbekistan has been on the radar of frontier market investors since President Shavkat Mirziyoyev began a large scale economic reform program nearly three years ago. But the easy stuff has already been done. It gets harder from here on in.
Prime Minister Nikol Pashinian managed a delicate balancing act while hosting his authoritarian allies in Yerevan.
When a major infrastructure project ends, aggregate foreign investment can drop. That doesn’t mean the economy is heading south. Flows of foreign direct investment into Georgia have fallen 54% but that's ok
The attacks on Saudi oil infrastructure could turn out to be the oil industry’s 9/11. Reacting to the news, JP Morgan said: “Clearly oil assets have been massively mispriced. The assumption that production facilities are secure is wrong."