October 11, 2019Nigeria
Faced with a resurgent Boko Haram and an ineffectual federal government, Governor Babagana Zulum of Borno state appears to be readying a multi-pronged strategy of his own. According to press reports, he is recruiting ten thousand hunters “with voodoo powers and hunting skills” to fight Boko Haram.
October 10, 2019Sub-Saharan Africa
Rich people are everywhere, and they can have something to say about the level of economic development in their home countries. Afrasia Bank and New World Wealth have just published the 2019 Africa Wealth Report, which includes North Africa and African island states in the Atlantic and Indian Oceans. It identifies the continent’s six wealthiest cities, defined as total individual private wealth—equities, real estate, businesses—less liabilities. They are Johannesburg, Cape Town, Cairo, Lagos, Durban, and Nairobi.
October 10, 2019Southeast Asia
By Hunter Marston and Joshua Kurlantzick Hunter Marston is a doctoral candidate at Australian National University. In the run-up to Myanmar’s elections next year, there is little positive news …
October 9, 2019Sub-Saharan Africa
An article on the origins of the names of African countries was recently published in Quartz. It includes a map of the continent in 1885, shortly after the Berlin Conference. Portuguese and Arabic traders and explorers are the origins of some names, European mispronunciation of tribal names are the origins of others.
October 9, 2019Taiwan
Based on the profits and losses disclosed by Taiwan’s central bank, it appears that its true FX exposures exceed its disclosed foreign exchange reserves by USD 130bn, and perhaps by as much as USD 20…
October 8, 2019Taiwan
Who is on the other side of the massive ($250 billion) hedging need of Taiwan's life insurance industry? The local banking system covers at most a quarter of the life insurers hedging need, and forei…