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EMERGING MARKETS BUSINESS
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May 30, 2024
UAE's Role in Gold Smuggling from Africa Could Jeopardize Its Investment Ambitions on the Continent
A 2024 Swissaid report reveals that between 321 and 474 metric tons of gold are smuggled from Africa annually through artisanal mining, repr
May 24, 2024
Removing the Philippines' 60-40 Rule Could Entice Investors But Also Destabilize the Status Quo
In 2023, the Philippines saw $8.9 billion in FDI net inflows, a 6.6% decline from 2022. Comparatively, Singapore attracted $141.2 billion, V
May 23, 2024
Navigating the Platinum Market: The Role of South Africa's 2024 Elections
South Africa's upcoming general election could significantly impact the global platinum market, with potential implications for the country'
May 22, 2024
Vietnamese Steel Producers Echo Thailand's Concerns over Steel Dumping from China in the Region
Vietnam and Thailand are taking a regional approach to address the surge in Chinese steel imports, known as steel dumping. Vietnam's April 2
May 22, 2024
Spain Recalls Ambassador Following Milei's Remarks on Corruption Allegations Linked to Spanish Prime Minister's Wife
Spain withdraws ambassador from Buenos Aires after President Javier Milei's remarks on corruption allegations against PM Sánchez's wife earl
May 22, 2024
The Giant USS George Washington Pays First Visit to Brazil Since 2015 Commemorating 200 Years of Diplomatic Relations
U.S.-Brazil military ties remain strong despite diplomatic strain caused by Brazil's President Lula's alignment with China, distancing Brazi
May 20, 2024
Milei’s Historic “Pacto de Mayo” to Revive Argentina’s Economy and Real Estate Market
In a historic move, Argentina's President Javier Milei is set to sign the "Pacto de Mayo" on May 25, a significant date in the country's his
May 18, 2024
Thailand Targets Chinese Steel Dumping Representing 70% of Domestic Consumption
Thailand's Ministry of Commerce is contemplating broadening current anti-dumping measures against Chinese hot-rolled coil steel, which makes
May 17, 2024
China's BYD Postpones Chile Lithium Ambitions as U.S.'s Albemarle Gets 240,000 Metric Tons Lithium Quota Boost
Chile's CORFO has agreed to increase Albemarle's lithium production quota by 240,000 metric tons of lithium metal equivalent (LME), nearly 5
May 15, 2024
With China’s Property Market Struggling, India, Korea and Vietnam Are Hot
China's commercial property market is slumping due to a combination of companies pursuing a "China-plus-one" strategy to mitigate geopolitic
May 13, 2024
Panama's Non-Action to Secure Darien Gap Frustrates Mexico's Nearshoring Ambitions
The Darien Gap, a remote jungle between Panama and Colombia, is a dangerous route for migrants seeking to cross into the US. In 2023, 520,00
May 10, 2024
SMIC's Profits Tumble 68.9% in 2024 Marking a Rough Patch for China's Semiconductor Giant
SMIC, China's largest semiconductor manufacturer, faces intense competition and declining profits, with a significant 68.9% drop in net inco
May 10, 2024
Philippines calls for expelling Chinese diplomats as South China Sea row escalates
The disputes took a sharp diplomatic turn in 2024 when the Philippines' national security adviser accused Chinese diplomats of orchestrating
May 10, 2024
Rwanda Ready to Drop "Conflict Mineral" Accusations Against Apple
Rwanda has strongly denied accusations from the Democratic Republic of Congo (DRC) that Apple sources conflict minerals from a disputed area
May 10, 2024
Update: Shell's Partial Divestiture from South Africa and Sour BEE Partnership
In an update to earlier reports by Emerging Markets Business, Shell is not exiting its entire South African operation but only divesting its
May 9, 2024
Biden Must Hold Mexico Accountable For Steel Flood
This Washington Times article by Michael Stumo highlights the significant trade issues between Mexico and the United States, particularly in
May 9, 2024
Milei Continues To Run Circles Around Establishment Economists
Javier Milei ascended to the presidency of Argentina in 2023 amidst a surge of voter discontent with the country's political elite. Hyperinf
May 8, 2024
While U.S. pays little attention to Latin America, China has moved in
In this Miami Herald article by the Miami Herald, Albert Torres discusses the strategic implications of China's burgeoning economic ties in
May 6, 2024
Shell Planning Exit From South Africa Over Rocky Relationship with BEE Partner
Shell, a global energy giant, is reportedly planning to exit South Africa, a move that could put thousands of jobs at risk. The company has
May 4, 2024
Colombia's Former Marxist Guerilla President Breaks Diplomatic Relations with Israel
Colombian President Gustavo Petro's decision to break diplomatic relations with Israel underscores a significant shift in Colombia's foreign
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