JET A1 prices currently in Angola vs SA 1.06 USD per liter 🇦🇴 (976.55 kz) 1.75 USD per liter 🇿🇦 (30 Rands)

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In twenty years, China will likely no longer be as major a food exporter as it currently is, the country is reaching deep into reforms + technology + all out incentives to reduce reliance on global agricultural imports. The current five year plan has a lot of market driven and

A fundamental lesson from my posts these last two weeks on modernization, industrial policy, and development is that development economics should be about understanding why South Korea got rich but Bolivia did not. The current field has largely given up on that question.

Moving forward with AI and integrating as much as possible in everyday life yet making sure that it doesn't replace human workforce...

China is far more dependent on imported food/feed than either the US or the EU. In a world of "food regimes", this is a highly unusual and unique development.

The African financial sector remains ill suited for industrial strategy. Many European countries had public banks mandated to invest in agriculture & manufacturing with patient capital, eg Sparkassen (savings) & Raiffesen (coop) banks in Germany. They were key to finance SMEs.

In which I caution against unnecessary catastrophizing about African economies: African economies are more resilient than ever ft.com/content/d84cc8… via @ft

Why is Xi Jinping purging so many people? The standard explanation is simple: power. He is crushing rivals to stay in office. That's not wrong but it's incomplete. Xi is trying to help the CCP rule forever. Delighted to debut in Foreign Affairs (w/水在瓶) 1/ Short 🧵

"Mozambique is considering converting the $1.4 billion it owes China into renminbi loans as part of a debt restructuring with its biggest bilateral creditor, in line with similar moves by other African sovereign borrowers."

Let this sink in: A person with the *median* income in Mozambique is at the 3rd lowest global percentile; a person with the median income in Congo is at the 2nd lowest global percentile. A person with the median German income is at the 91st global percentile. A person with the

Remember when Carney said this in Davos? Keep this paragraph in mind when you read what he said today about Iran and the UAE, and his silence when Iran was being attacked... "We knew the story of the international rules-based order was partially false that the strongest would

Chinese automakers aren't making money at home & thanks to the weak yuan, they make a ton of money on exports Follow the money!

A cruise ship outbreak has renewed interest in hantavirus, a rare but lethal virus with no cure. on.wsj.com/4f6EVB9

The Wei and Li death sentences are a big deal for a number of reasons. -China very rarely sentences generals to death. The is first instance under Xi. -They are the first known cases of Chinese MinDefs receiving death sentences (with reprieve) -The last case death sentence

Probably the funniest graph ever published by the FT: our 3 possible futures are either 1) infinite wealth and abundance, 2) human extinction or 3) 0.2% faster GDP growth 🤣

unfortunately, kim il sung's clothes hang a lot better

Une affirmation qui a surpris certains internautes. → l.lefigaro.fr/h67x

I’ve said it before and I’ll say it again, But the lasting legacy of American culture when it’s all said and done will be the Black American musical renaissance that lasted from 1920 - 2020. A century of incredible musicians and musical trends that will live in fame forever.

Unitree Unveils: GD01, A Manned Transformable Mecha, from $650,000 👏 The world's first production-ready manned mecha. It can transform. It's a civilian vehicle. It weighs ~500kg with you inside. Please everyone be sure to use the robot in a Friendly and Safe manner.