Author: Admin
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September 2022
Overview. The main opposition party, BNP, has alleged that the ongoing load shedding in Bangladesh is a result of the ruling party’s theft and corrupt practices. Central bank data shows that various banks are profiteering through overcharging when selling dollars, with the overall profit from this standing at around USD 150 million.…… Read the rest
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September 2022
Pakistan is suffering. Adding to its economic, security and political woes, devastating floods hit almost all parts of the country, affecting more than 30 million people. The government declared a national emergency and deployed the army to conduct rescue operations and establish relief camps. Internal Politics. After winning the Punjab Province bi-elections last month, the…
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September 2022
Overview. Kazakh use of the crucial CPC pipeline continues to be intermittent, fully drawing the focus of the RoK government. Over the month, and intrinsically linked with the overview above, the RoK’s President received Chevron Chairman and Chief Executive Officer Michael Wirth, met with and held talks with the President of Russia.…… Read the rest
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September 2022
Overview. The EU presented the US and Iranian sides with Josep Borrell’s final proposal for a renewed JCPOA. Both sides have submitted comments and we await next steps. It seems likely that we’re not there yet. JCPOA. Iran received a US response to the EU-proposed ‘final’ text on 24th August following Iran submitting initial comments…
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September 2022
Overview. Like many countries right now, Egypt’s financial position is not a strong one. It desperately needs a bail out from the IMF to keep afloat. It also needs to save money while earning more. It appears a way to achieve that and generate some good publicity has been found making it even better.…… Read…
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August 2022
Overview. BNP Secretary General Mirza Fakhrul Islam Alamgir has alleged that the government is intentionally keeping population figures low in the 2022 census to show higher per capita GDP figures. Bangladesh’s stimulus package for large industries has started its third phase, with funding going fully towards entities with joint local and foreign ownership.…… Read the…
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August 2022
Political instability continues to plague the country. The US dollar hit an all-time high of PKR 239 for first time in history. Apart from the on-going political fracas, economists cite the country's depleting foreign reserves, rising imports, and the government's "reluctance" to take decisions on some International Monetary Fund (IMF) conditions, as key factors behind…
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August 2022
Overview. The Ministry of Kazakhstan invited all interested parties to participate in the auctions on a selection of projects for the construction of renewable energy generation facilities. Kazakhstan is pursuing EU strategic partner status, replacing Russia in oil, gas, and coal supply. C19. As the month closed the RoK reported 2500+ new cases a day…
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August 2022
Overview. Iran comes out unequivocally on the side of Russia in the Ukraine conflict, having previously sat on the fence. Access to Russian wheat supplies and Putin’s pledge of investment in the Iranian energy sector probably influenced the course correction. Meanwhile the round of JCPOA revival talks in Doha produced no definitive results but hinted…
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August 2022
Overview. President Sisi was busy in July. He attended a summit in Saudi Arabia and visited his counterparts in both France and Germany. He received the Russian Foreign Minister and made numerous phone calls with other foreign leaders. He continues to walk the fine line of strategic foreign partnerships that sees him both court Russia…