Author: Douglas Johnson

How Should Investors Frame Kandy Riots?

How Should Investors Frame Kandy Riots?

Some analysts dismiss the ethnic attacks in Sri Lanka last week as a purely domestic affair. Globalists should be less cavalier. The tragedy is a sobering reflection on our collective failures; it also is a jarring reminder of headline-grabbing violence elsewhere in the developing world. The threats and emergencies that sprout  More ►

Saudi Arabia Drills for ‘White Oil’

Saudi Arabia Drills for ‘White Oil’

Tourism has never been a priority in Saudi Arabia, ostensibly because of visitors’ lack of sensitivity to local customs. Peripatetic businessmen are one thing; individual or group travelers wandering about the country are quite another. Better to focus government energies on Muslim arrivals at Jeddah, en route to Mecca and Medina.  More ►

Pakistan Lures Bargain Hunters

Pakistan Lures Bargain Hunters

Currency-depreciation rumors are playing out in Pakistan, with the rupee tumbling over 3.0% in mid-week trading. The realignment is provoked, at least fundamentally, by a deteriorating external account. But it is exacerbated by faltering confidence in the government. Prime Minister Sharif is under investigation for money-laundering  More ►