Author Archives: Yi Zhang
Syrian Economy in Conflict
Demolished Mosque in Azaz, Syria During the last 5 years, the International Monetary Fund (IMF) has analyzed Syrian Economy in the devastating and continuous domestic conflicts. In this year, IMF reviewed and issued this working paper released the outlook of Syrian Conflict Economy. According to this paper, Syrian economic,...
Malian Economy to grow 5.3 Percent in 2016
Landscape in Hombori, Mali The structural reforms of Mali has been welcomed by the International Monetary Fund (IMF) and IMF forecasts the economic growth at 5.3% in 2016 based on the strong growth at 6% of the Mali’s GDP in 2015. “Mali’s economy continued to perform strongly in 2015....
The Main Challenge of Bolivian Economy
20 Bolivian centavos Over the past ten years, Bolivia has enjoyed a dramatic reduction in national poverty and internal inequality. Even though its GDP growth in 2015 fell slightly to 4.1%, Bolivian economy still keeps growing stably and remains among nations with strongest economic growth in Latin America. However,...
New Collaboration Agreement between Dubai Police and Jebel Ali Free Zone
There is a new agreement signed between Dubai Police and Jebel Ali Free Zone (JAFZA), confirming that Dubai Police will soon has a new service counter which is dedicated to serve customers and residents in the area. The counter will be placed at JAFZA administration building. In accordance with...
Tanzania Authority Forecasts a Positive Economy
Children in Tanga, Tanzania In January 2016, Benno Ndulu, the Governor of Tanzanian Central Bank predicted that Tanzanian economy will increase about 7% during 2016 fiscal year. He also believed the strong manufacturing industry would be able to offset the negative influences caused by the low commodity prices, and...
The Government of the Democratic Republic of the Congo has promised to diversify its economy
An abandoned mining plant. DR Congo is aiming at diversifying the economy as the mineral mining production has gone down and the rates are not profitable. On 23rd of November, the prime minister’s office in Democratic Republic of Congo stated that because of lower mining production and weak product...
China’s investment in Ethiopia
Ethiopia light train. A project funded by China On the 20th of September 2015, Ethiopia’s Addis Ababa Rail project, a light rail transportation system, began its operation. The urban rail project, valued at $475m, is funded by China. In addition, Beijing shows its vital role in Ethiopia’s infrastructure construction...
BVI ranks high in the list of tax transparency jurisdictions
BVI is attractive for tourists and global investors alike. According to the latest report from the OECD’s Global Forum, BVI ranks amongst many other well respected jurisdictions such as United States, Singapore, United Kingdom, Germany and Netherlands regarding Transparency and Exchange of Information for Tax Purposes. The commitment and...
Seize the opportunity in the crisis: Russian E-Commerce Market
Russia is predicted to achieve a double digit rise in E-Commerce sales over the coming years, although its economic outlook is less positive. Despite the current economic instability in this region, several domestic and foreign E-Commerce companies, such as Ozon.ru and JD.com, are reported to have been achieving consistent...