A 14% average tax hike on flights at government-run airports may backfire if consumers fly less in a weak economy.
A 14% average tax hike on flights at government-run airports may backfire if consumers fly less in a weak economy.
Favorable geography and infrastructure could allow for a major cost-effective scaling up of production.
Sixty properties including forts and barracks will be sold or rented to help pay for the army’s modernization.
An increase in electricity tariffs will raise inflation but be limited by continuing food subsidies.
Malawi’s agricultural sector has been devastated, and a long-term crisis looms.
The port of Gwadar will be offer attractive terms for investment but fears of violence and terrorism are very real.
Turkmenistan, Afghanistan, and Tajikistan will be linked by a railway set to be completed this year.
Washington to promote cleaner and more self-sufficient energy in the Caribbean as Venezuela’s oil clout declines.
Developing countries’ rising middle classes and desire for premium Western goods drive the rapid growth.
Peru claims to have outstripped Bolivia as the world’s top quinoa producer, deepening rivalry.