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Lima Charlie News Business Reports

Image Russia’s recession ends as Putin prepares for another term [Image by http://en.putin.kremlin.r]
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Russia’s recession ends as Putin prepares for another term

Lima Charlie Business | Russia As 2017 comes to a close, Russia will have attained positive growth for the first time in two years, signaling the end of its economic depression. Placing this malaise behind them, the Russians are preparing for another milestone, the re-election… Keep Reading

Image Race to Moon and Mars peaks public, private sectors (Image: REUTERS/Carlos Barria)
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Race to Moon and Mars peaks public, private sectors

Last week Japanese aerospace startup ispace set a record for fundraising by a commercial space exploration company raising $90.2 million in its latest (Series A) round of fundraising. This exceeded SpaceX’s highest raise of $12.1 million. Ispace, competing in the Google Lunar XPRIZE, is seeking… Keep Reading

Image Saudi king approves initial $19 billion economic stimulus package
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Saudi king approves initial $19 billion economic stimulus package

Lima Charlie Business Report | Saudi Arabia | MENA Saudi Arabia’s King Salman bin Abdulaziz Al Saud announced the release of 72 billion riyals (US $19.2 billion) worth of measures to promote growth in Saudi Arabia’s private sector on December 14th. The measures are designed… Keep Reading

Image The push to counter China's 'sharp power' influence grows (Image: Lima Charlie News)
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The push to counter China’s ‘sharp power’ influence grows

On Wednesday, Beijing summoned Australia’s Ambassador, Jan Adams, to lodge a complaint over Australia’s allegations that China has been interfering in its politics, a signal that China won’t back down in an ongoing diplomatic confrontation between the two nations. Last week, Australia’s government introduced laws designed… Keep Reading

Image A defiant Qatar signs deals with France and UK amid blockade (AP Photo/Christophe Ena)
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A defiant Qatar signs deals with France and UK amid blockade

Amid a diplomatic crisis with its Arab neighbors, Qatar announced multiple commercial deals with France and Britain last week, worth approximately $14 billion and $8 billion, respectively. Qatar’s Emir Sheikh Tamim bin Hamad al-Thani signed the first round of contracts with French President Emmanuel Macron… Keep Reading

Image Efforts to economically link China and Pakistan hit a road block
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Efforts to economically link China and Pakistan hit a road block

Lima Charlie Business | Asia On Friday, Chinese expatriates in Pakistan received a warning from their home country: “It is understood that terrorists plan in the near term to launch a series of attacks against Chinese organizations and personnel in Pakistan,” the Chinese embassy said… Keep Reading

Image Turkey inflation rate hits 14 year record high (Kayhan Özer - Anadolu Ajansı)
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Turkey inflation rate hits 14 year record high

Lima Charlie Business | Turkey / Eurasia Ankara – Turkey’s statistical office (Turkstat), reports that inflation in the country soared to its highest level since February 2004, landing at a rate of 12.98% in November. A strong domestic demand for goods, plus a weakened supply,… Keep Reading

Image Indonesia faces ban against Bitcoin and other forms of cryptocurrency
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Indonesia faces ban against Bitcoin and other forms of cryptocurrency

Lima Charlie Business | Southeast Asia Jakarta – On Thursday, Indonesia’s central bank publicly issued a policy regulating cryptocurrencies to protect the country’s economy. The policy prohibits financial technology (fintech) companies from using cryptocurrencies “in payment system [and] activities.” The regulation was signed Nov. 29, and… Keep Reading

Image China links itself to Zimbabwe's new regime with a $153 million loan (Business Insider)
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China links itself to Zimbabwe’s new regime with a $153 million loan

In a show of confidence in Zimbabwe’s new leadership, China has given the country a $153 million loan agreement. The loan will be directed towards expanding and upgrading the international airport in Zimbabwe’s capital, Harare. For the new president of Zimbabwe, Emmerson Mnangagwa, this is… Keep Reading

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