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Economy

India’s Adani Mulls Suing US Short-seller as Shares Sink up to 20%
January 27, 2023

India’s Adani Mulls Suing US Short-seller as Shares Sink up to 20%

By Ashok Sharma and Krutika Pathi
A U.S. short-selling firm published a damning report airing concerns about the group's debt levels, activities of its top executives, use of offshore shell companies, and past investigations into fraud.

Opium Cultivation Jumps in Myanmar Amid Post-Coup Crisis, UN Says
January 27, 2023

Opium Cultivation Jumps in Myanmar Amid Post-Coup Crisis, UN Says

By Sebastian Strangio
As the formal economy has atrophied, black markets and illicit trades have expanded their reach
Diversification Isn’t Enough to Cure Europe’s Economic Dependence on China
January 27, 2023

Diversification Isn’t Enough to Cure Europe’s Economic Dependence on China

By Francesca Ghiretti and Hanns W. Maull
In wrestling with its economic vulnerability to China, the EU is betting on diversification to solve its problems. It’s not the panacea it is made out to be.

The Af-Pak Dollar Cartel
January 27, 2023

The Af-Pak Dollar Cartel

By Kunwar Khuldune Shahid
The black market flow of U.S. dollars across the Afghanistan-Pakistan border is unifying the two countries' economic crises. 

Sri Lanka Says Debt-restructuring Talks Making Progress
January 27, 2023

Sri Lanka Says Debt-restructuring Talks Making Progress

By Bharatha Mallawarachi
India has already given the necessary assurances to the IMF. Other bilateral creditors, including China, have not yet but Sri Lanka says there’s progress in the ongoing discussions. 

North Korea Mines New Revenue Sources in Its Trade With China
January 26, 2023

North Korea Mines New Revenue Sources in Its Trade With China

By Troy Stangarone
The latest data shows Pyongyang is continuing to adapt to U.N. sanctions, while trade is beginning to rebound from pandemic lows.

India Eyes Sri Lanka’s Renewable Energy Sector
January 26, 2023

India Eyes Sri Lanka’s Renewable Energy Sector

By Rathindra Kuruwita
The island does not have an energy policy and deals, which are often done secretly, are controversial.
Beyond Oil: A New Phase in China-Middle East Engagement
January 25, 2023

Beyond Oil: A New Phase in China-Middle East Engagement

By Nurettin Akcay
Yes, the oil trade is a major factor. But China’s eagerness to also invest in technology, renewable energy, and infrastructure is driving the next phase of cooperation.

Pakistan Pursues Oil Deal With Russia
January 25, 2023

Pakistan Pursues Oil Deal With Russia

By Umair Jamal
Despite Western sanctions on Russia for its invasion of Ukraine, the U.S. has not openly objected to Pakistan buying oil from Moscow.

Thai Tourism Recovery On Track as International Arrivals Jump
January 25, 2023

Thai Tourism Recovery On Track as International Arrivals Jump

By Sebastian Strangio
The country welcomed 11.15 million foreign visitors in 2022, up from just 428,000 the previous year.

Sri Lanka’s Steep Climb Out of the Economic Abyss
January 25, 2023

Sri Lanka’s Steep Climb Out of the Economic Abyss

By Luke Hunt
Colombo is still waiting on Beijing’s approval for debt restructuring.
South Korea’s Economic Security Dilemma
January 25, 2023

South Korea’s Economic Security Dilemma

By Moksh Suri and Abhishek Sharma
As China-U.S. competition securitizes more and more economic transactions, Seoul’s old balancing act between the rivals is becoming trickier to sustain.

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