The onion hysteria in the region has led to a wave of export bans, and it reached Azerbaijan. As EastFruit analysts have already reported, the exports of very expensive onions were banned…
Economy
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ChinaEconomyFeaturedGlobal NewsIndiaNews
China, India and the Fight for Global South Leadership
by Thomas Burkeby Thomas BurkeIn the middle of last month, the Indian government hosted the online “Voice of Global South Summit: for Human-Centric Development,” which brought together more than 120 ministers and leaders. Along…
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AsiaBusinessCentral AsiaEconomyFeaturedGlobal NewsKazakhNational SecurityNewsWorld News
Kenes Rakishev: The new Kazakhstan, entrepreneur, businessman, philanthropist
by Blake Brooksby Blake BrooksKenes Rakishev is an entrepreneur and international businessman, and a former Kazakh special envoy to the United States. Rakishev is a reflection of the new Kazakhstan. Young, educated, worldly, and…
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AsiaCentral AsiaEconomyFeaturedGlobal NewsNational SecurityNewsPoliticsWorld News
CIS Countries Reaffirm Commitment to Strengthen Ties, Accelerate Economic Growth, Says President Tokayev
by Thomas Burkeby Thomas BurkeThe Commonwealth of Independent States (CIS) shows economic recovery despite the global crisis, said President Kassym-Jomart Tokayev during an Oct. 28 meeting of the CIS Heads of Government Council, reported…
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AsiaCentral AsiaEconomyFeaturedGlobal NewsKazakhNational SecurityNewsPolitics
After year of turmoil, Kazakhstan looks for reform to translate into closer Western ties
by Zack Ballby Zack BallKazakhstan’s reform efforts after the recent presidential elections could position the country as a key partner for the EU, with the region increasingly slipping out from Russia’s thumb. In response…
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BusinessEconomyFeaturedGlobal NewsKazakhNewsWorld News
Mukhtar Ablyazov Linked with European Parliament Scandal
by Koby Johnby Koby JohnLondon, Paris, Brussels (17January 2023 – 29). Kazakh banker, Mukhtar Ablyazov and his frauds were exposed in the British magazine, The Spectator published article titled – How oligarchs use Brussels…
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SEC fines former McDonald’s CEO for misleading investors about his firing
by Elis Carterby Elis CarterThe Securities and Exchange Commission charged former McDonald’s CEO Steve Easterbrook on Monday with misrepresenting his November 2019 firing. Easterbrook has agreed to a $400,000 fine, without admitting or denying the claims,…
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Multiple small biopharmaceutical companies jumped by a record Monday after larger drugmakers scooped them up, marking a small flurry of activity in the M&A-hungry space as a key sector conference…
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BusinessChinaEconomy
China’s big consumer market isn’t rebounding to pre-pandemic levels just yet
by Eli Barkerby Eli BarkerBEIJING — It’s going to take time for Chinese consumers to really start spending again, despite China’s abrupt shift toward reopening. About a month after Guangzhou city resumed in-store dining,…
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AsiaBusinessChinaEconomy
More mainland Chinese firms will take away market share from Taiwan iPhone suppliers
by Eli Barkerby Eli BarkerMore mainland Chinese electronics manufacturing companies are set to take away market share from Taiwanese counterparts such as Foxconn and Pegatron, an investment fund manager said. “Chinese companies are getting pretty competitive for…