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 10, 2019China
The facts are not in dispute. On October 6, Houston Rockets General Manager Daryl Morey tweeted: “Fight for Freedom: Stand with Hong Kong,” igniting a political firestorm in Beijing. Other Rockets he…
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 7, 2019NAFTA
Are the provisions of the Trump administration’s rewrite of the North American Free Trade Agreement (NAFTA)—set forth in the United States-Mexico-Canada Agreement (USMCA) enforceable? As written, the…
October 7, 2019Nigeria
This update represents violence in Nigeria and related to Boko Haram in Cameroon, Chad, and Niger from September 28 to October 4, 2019.
October 4, 2019Nigeria
Commentators, especially outside Nigeria, saw the elections of 2015 as an important milestone for the country’s democratic development breaking the pattern of rigged elections. However, could it be that it was the elections of 2011 that really broke the pattern, and the elections of 2015 merely restored it? Were in fact the elections of 2015 much better than those before and after? Did the political classes determine that Jonathan had to go, in part because of the deteriorating economy and security situation, but also understanding that the 1998–9 bargain struck between the south and the north be restored? Will the bargain survive in 2023?