by root | Mar 26, 2020 | MENA Business Daily, NewPost, West Asia Economies
Middle East Top Business Stories – March 26, 2020 JORDAN – “Jordan’s finance minister said on Wednesday the IMF had approved a four-year, $1.3bn funding program that signalled confidence in the country’s reform agenda as it took measures to cushion...
by Afshin Molavi | Mar 25, 2020 | Coronavirus/Covid-19, NewPost, Original Articles, Saudi Arabia Economy, Saudi Business
In an unprecedented move, Saudi Arabia has sealed off three major cities, barring exit or entry to the country’s capital Riyadh, and the two holy cities of Mecca and Medina in response to the coronavirus pandemic, as reported in global news agencies. The Kingdom...
by Afshin Molavi | Mar 24, 2020 | Coronavirus/Covid-19, Interviews, NewPost, Oil and Gas, Original Articles
Fareed Mohamedi is one of the smartest guys I know on oil markets, the geopolitics of energy, the New Silk Road, and the political economies of oil-rich states. He has worked at Statoil, PFC Energy, Moody’s Investor Service, the Institute of International Finance, and...
by Afshin Molavi | Mar 23, 2020 | Coronavirus/Covid-19, Emerging Markets, Hong Kong, Japan Economy, NewPost, Original Articles, Singapore, South Korea
Revised Downward. We’ll be hearing those two words a lot over the next month as ratings agencies scramble to update their forecasts for countries and companies reeling from the historic impact of the Covid-19 pandemic. The latest “revised downward”...
by Afshin Molavi | Mar 23, 2020 | Coronavirus/Covid-19, Emerging Market Multinationals, Emerging Markets, NewPost, Original Articles
Emerging market currencies across Asia are feeling the pinch from the Covid-19 pandemic, with values in some places falling to levels not seen since the 1998 Asian financial crisis. An Asian currency stress test by a leading European bank discovered the most trouble...
by Afshin Molavi | Mar 23, 2020 | Coronavirus/Covid-19, Japan Economy, NewPost, Original Articles
Japan is considering a stimulus package of some $270 billion to counteract the economic decline triggered by the global Covid-19 pandemic, according to Japan Times. This amounts to double the emergency economic package initiated by the government after the 2008-9...
