By Reuters The Development Road aims to tie the Grand Faw Port in Iraq’s oil-rich south to Turkey, turning the country into a transit hub in a bid to rival the Suez Canal. Source: Iraq bid to link Asia and Europe in US$17 billion road and rail project
Tag: Asia
By News Room All European efforts to impose sanctions on Russian oil and gas have so far been in vain. While the European Union has made significant progress in getting rid of the Russian Federation’s heavy reliance on gas, Asian countries have not followed the same path. The result was the availability of cheap energy […]
By Chris Barrett Australia’s near neighbour heads into an election on Sunday with very real concerns about its future economic prosperity. Source: ‘We’ve lost 20 years’: The future of Asia’s youngest nation hinges on a $71 billion payday Category: World / Asia