Djibouti

Turkey’s financial crisis raises questions about China’s debt-driven development model

August 19, 2018

By James M. Dorsey Financial injections by Qatar and possibly China may resolve Turkey’s immediate economic crisis, aggravated by a politics-driven trade war with the United States, but are unlikely to resolve the country’s structural problems, fuelled by President Recep Tayyip Erdogan’s counterintuitive interest rate theories. The latest crisis in Turkey’s boom-bust economy raises questions…

 Saudi Oil Shipment Halt: A Potential Watershed in the Yemen War

July 26, 2018

By James M. Dorsey / Mid-East Soccer. A spike in oil prices as a result of a temporary halt in shipments through the strategic Bab el Mandeb strait may be short-lived, but the impact on Yemen’s three-year-old forgotten war is likely to put the devastating conflict on the front burner. The halt following a Saudi…

Pakistan’s financial crisis puts Belt and Road on the spot

July 9, 2018

By James M. Dorsey / Mid-East Soccer. Increased Pakistani dependence on China to help it avert resorting to the International Monetary Fund (IMF) to avoid a financial and economic crisis spotlights fears that the terms of Chinese investment in massive Belt and Road-related projects would not pass international muster. Concerns that China’s US$ 50 billion…