Southeast Asia, so long a byway of the world economy, has become a well-worn path for foreign investors seeking refuge from the continuing after-effects of the global financial crisis. They have come because the region has been surging ahead over the last few years, even as the West slumped, China readjusted and India stuttered. Read […]
Fifty years ago, Burma, Sri Lanka, and the Philippines seemed ready to bloom economically. Each was blessed with an excellent resource base and a strong export sector. Burma was the world’s leading rice exporter, Sri Lanka one of the leading exporters of tea (it became the leading exporter in 1965), and the Philippines the second-largest sugar exporter […]
Since the end of Sri Lanka’s 26-year civil war in 2009, the government has clearly been focusing on expansion, with new investments in infrastructure and the private sector that are helping to spur growth and contributing to an increase in disposable income and rising consumerism. While this growth is largely positive, there has also been […]
NEARLY four years after its civil war ended, Sri Lanka is far from at peace over its recent history. Despite denials by the country’s leaders, notably its powerful defence secretary, Gotabaya Rajapaksa, that Sri Lanka’s army committed war crimes in the final weeks of fighting, in 2009, troubling new evidence keeps on appearing. Read Here […]
Recently, Moscow Times columnist Yulia Latynina showed how differently the wealthy in the U.S. and Russia use their fortunes. She listed a dozen U.S. robber barons, captains of industry and financiers who founded major universities, libraries and museums. Meanwhile, in Russia, where the number of billionaires is now second only to that of the U.S., the wealthiest mainly buy soccer clubs. Read Here – Moscow Times
BRITAIN has never been too keen on tying the knot with Europe. It sat aside in the 1950s as Germany, France, Italy and the Benelux countries forged a single market in coal and steel, which became a broader common market. It eventually joined, in 1973, largely because Europe seemed to be where the money was. […]
Greatness is an odd word because it signifies both quantity and quality. In the case of Russia, the two are easily confused. Even after the huge territorial losses incurred with the Soviet collapse, Russia still accounts for one-seventh of the Earth’s surface. Therefore, it has a geographical imperative to think big. Russia is unlike Britain and France, which shrank back to their middle-sized home nations after losing their […]
looking beyond borders 