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Ulaanbaatar’s Budget Explosion: The Capital Outgrowing Its Guardrails
Ulaanbaatar’s budget skyrocketed to over $2B. Inside the sudden fiscal boom, toothless oversight, and political factions clashing over the capital.
Posted inEconomy Environment Politics
Russia and India working on increasing trade volumes – Kremlin
Moscow and New Delhi have set a bilateral trade target of $100 billion by 2030 Russia and India are working on increasing bilateral trade volumes, Kremlin spokesman Dmitry Peskov has…
Posted inEconomy Environment Politics
Trump orders probe into oil giants over fuel-price gouging
Gasoline prices have not fallen fast enough despite a sharp drop in the price of oil, the US president has said US President Donald Trump has ordered the Justice Department…
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To make US-Iran deal stick, hold Trump’s war profiteers accountable
Now that an initial diplomatic deal between the US and Iran has been signed and intensive negotiations are under way to fully end the war, Congress should do everything possible…
Posted inEconomy Environment Politics
Zelensky to skip key ‘Ukraine recovery’ event over nazi-collaborator scandal
Kiev’s veneration of Ukrainian nationalists who supported Hitler’s reich and perpetrated a genocide against Poles during WW2 has triggered diplomatic and political outrage Vladimir Zelensky will skip a major event…
Posted inEconomy Environment Politics
Kenya halts construction of US-backed Ebola facility
The country’s health minister has apologized after breaching a court order that suspended the project over ethical concerns The Kenyan Health Ministry has suspended construction of a controversial US-backed Ebola…
Posted inEconomy Environment Politics
Israeli troops kill two in Lebanon, putting strain on US-Iran talks
The first deaths since Sunday have put pressure on a ceasefire with Hezbollah tied to regional peace efforts Israeli troops have killed two people in southern Lebanon, in the first…
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The hidden amnesty in Indonesia’s cut-rate Patriot Bonds
Indonesia’s new sovereign investment vehicle, BPI Danantara, has officially launched the Patriot Bond, targeting an extraordinary 50 trillion rupiah (US$2.8 billion) in fundraising. The special debt instrument consists of two…
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China’s bear hug won’t save Myanmar’s Min Aung Hlaing
When Chinese President Xi Jinping welcomed Myanmar coup-maker Senior General Min Aung Hlaing to Beijing on June 15 with full state-visit honors — Huawei phone gift included — the choreography…
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Vietnam graft case lifts veil on To Lam’s security-state economy
When Vietnamese prosecutors indicted the leadership of Nam Trieu Company for allegedly inflating the prices of interrogation chairs and other specialized law-enforcement equipment, domestic media predictably focused on the headline…