Monday 1 February 2016

Brief world news: China: China Superleague (Soccer) is now buying European players (UK & Spain) and Brazilian players, spending more on them than the English Premier League spends. Rationale: to meet the plans of the China President Mr Xi in having a football-worthy nation as soon as possible. Thailand: The opening up of Myanmar to a post-sanctions world means that Thailand's relative wealth, based upon under the counter oil and gas buying from Myanmar is basically over; with nothing to replace it in terms of making or keeping Thailand economy stable and efficient. Iran: 20 years of sanctions upon Iran have caused a remarkable period of innovation and creativity in Iran adding to the robustness of its economy and its strength for the future. With sanctions lifted, Iran will boom, but not in the nuclear way.


No comments: