Word: exports
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...continent's fastest growth since the '70s. This resurgence has been powered by soaring demand for Africa's abundant natural resources, which has also boosted its strategic importance to trade partners as far afield as the U.S., India and China. Li Ruogu, head of the Export-Import Bank of China and co-chair of the forum, said his bank has invested in over 300 projects in Africa, from low-cost housing to schools to mining ventures. Li, a key player in the blossoming romance between China and Africa, said he's visited more than 20 African nations in the past...
Africa provided the cartels the way stations they needed to create an efficient global smuggling machine. According to a senior drugs intelligence officer at Interpol, the cartels now export between 200,000 and 300,000 kg a year to West Africa destined for Europe. "What is emerging is a substantial trafficking scheme involving suspects on three continents: Africa, Europe and South America," says the officer, who could not be named. "This is one of the world's biggest generators of illicit cash...
...from rising powers in a different section of the globe; it heralded a world where rising powers aren't the major threat at all. The real danger, they argue, is from states that are too dysfunctional to educate their people, provide public health or control their territory--and thus export a swarm of pathologies, from jihadist terrorism to loose nukes to bird flu. It's no surprise that Edwards and Obama want to boost foreign aid. They believe the poor world threatens the U.S. more than the rich...
...Scotch Whisky Industry Review for Edinburgh analysts Sutherlands. "It has brands like Whyte & Mackay. And the Isle of Jura and the Dalmore single malts are the icing on the cake." The acquisition also provides UB with a ready supply of scotch to blend into Indian whisky and to export to India and China. UB plans to double production at the Invergordon distillery within a year, creating the biggest whisky plant in the world...
Russia's strategic goals within this region also remain an enigma and a worry. Its resurgent economy could help fuel growth in the area, but a recent trend toward economic protectionism is a potential threat. Several years ago, for example, Moscow tripled export taxes on goods traveling to Latvia in order to help its own ports, a measure that has pumped up St. Petersburg but slowed growth in rivals like Riga. And despite all the hype about free trade, the Baltic Sea region is still not capitalizing on its full potential: an economic study by the Swedish Board of Trade...