FIIs Turn Buyers in February with Rs 16,912 Crore Worth of Equity Inflows. Is This a Sign of Trend Reversal?
Foreign institutional investors turned net buyers in February 2026, channeling roughly Rs 16,912 crore into Indian equities. This marks a sharp reversal from January’s Rs 35,962 crore outflows and a year‑to‑date net outflow of Rs 19,050 crore. The buying was uneven across sectors, with IT stocks sold heavily while financial services and capital goods attracted inflows. Strategists attribute the shift to stronger Q3 FY26 earnings, which grew 14.7%, and optimistic FY27 earnings forecasts near 15%.
The Rail Ahead: As High-Speed Lines Saturate China, How Far Can Their Global Reach Extend?
China’s railway giants are turning outward as domestic high‑speed lines saturate, seeking overseas contracts in Southeast and Central Asia. Projects already under way include Thailand’s 610 km line, Malaysia’s 665 km east‑west railway, and Indonesia’s Jakarta‑Bandung service that has moved 12 million passengers....
Chariot to Raise $20 Million to Fund Offshore Angola Oil Production Stake
Chariot Plc announced a $20 million equity placing to help finance the acquisition of a producing oil interest offshore Angola. The deal, in partnership with Shell Trading and Etu Energias, targets Blocks 14 and 14K, which currently produce about 8,000 barrels per day....
Russia Weakened but Still Dangerous After the Ukraine War
The Ukraine war has exposed Russia’s structural vulnerabilities, including demographic decline, waning energy leverage over Europe, and growing reliance on China. Simultaneously, Moscow has adapted its military doctrine, emphasizing drones, electronic warfare, and attritional tactics, while sanctions have not collapsed...
Quote of the Day: ‘Benefits of Tariffs Are…’ — What Milton Friedman Said on Protectionism
Milton Friedman’s 1980 warning that tariffs show visible benefits but hide widespread costs resonates amid recent US‑China trade frictions, where higher import duties have pushed up consumer prices and strained global supply chains. At the same time, India and Brazil...
RBI Likely to Go for a Prolonged Policy Rate Pause: ICICI Bank Report
The Reserve Bank of India kept its policy repo rate steady at 5.25% on February 6, signalling a neutral stance. ICICI Bank Global Markets expects this will translate into a prolonged pause through 2026‑27 as core inflation stays benign and oil‑price...
BYD Adds to China’s Expanding Automotive Footprint in Pakistan
Chinese EV maker BYD is set to begin local vehicle assembly in Pakistan, with a 25,000‑unit annual plant near Karachi slated for operation in the third to fourth quarter of 2026. The $150 million facility will make BYD the first electric‑vehicle...
Access to Credit and Employment Growth for MSMEs: Evidence From Latin America and the Caribbean
A new IDB Invest technical note analyzes 21,696 MSMEs across 30 Latin American and Caribbean economies, linking credit access to employment growth. The study finds that an extra US$1 million in financing generates roughly four permanent jobs per year. Effects vary:...
Five Forces that May Reshape the African Continent in 2026
The African Union’s February summit highlighted a packed 2026 election calendar, with more than a dozen nations heading to the polls, from Uganda and Benin to Ethiopia and South Sudan. Parallel security concerns dominate the agenda, as the DRC’s fragile...
The Supreme Court Strikes Down Trump’s Tariffs
The U.S. Supreme Court ruled 6‑3 that President Trump’s tariffs imposed under the International Emergency Economic Powers Act are unlawful, restoring congressional authority over trade barriers. The decision paves the way for thousands of lawsuits seeking refunds, with industry estimates...
The Supreme Court Just Struck Down Most of Trump’s Tariffs. What’s Next?
The U.S. Supreme Court ruled 6‑3 that the president cannot impose tariffs under the International Emergency Economic Powers Act, effectively nullifying most of Donald Trump’s sweeping tariff regime. The decision restores congressional primacy over tariff authority and declares the core...
Tunisia Needs Both Bread and Freedom
Tunisia’s post‑2011 democratic breakthrough delivered expanded civil liberties but failed to translate into lasting economic gains. A 2021 presidential power grab dismantled key checks, curbing judicial independence and reversing many political freedoms. Meanwhile, the economy remains hampered by high inflation,...
TFM Showcases Economic Impact and Calls for Energy Reform at DRC Breakfast During Mining Indaba
Tenke Fungurume Mining (TFM) told Mining Indaba delegates it has delivered roughly US$8 billion to the Democratic Republic of Congo’s public treasury since 2006 and supports about 20,000 jobs. The mine, a Copper Mark‑certified operation, allocates 0.3% of revenue to community projects...
Iran’s Regime Is Suffering From Strategic Vertigo. Its Next Misstep May Be Its Last.
Iran’s leadership has repeatedly misread regional dynamics, turning potential strategic gains into costly setbacks. After hesitating to mobilize Hezbollah during the October 7 Hamas offensive, Tehran launched a large‑scale missile and drone barrage against Israel in April 2024, prompting a robust Israeli‑U.S....
Post-Poll Upswing Continues on SET
Thai shares rallied toward the 1,500‑point psychological barrier, driven by a catch‑up valuation buying pattern and strong dividend announcements. The SET index’s price‑earnings multiple sits about 33 % below the MSCI All‑Country World Index, widening the gap between blue‑chip and mid‑cap...
Why Islamic Finance Could Provide an Ethical Model for Funding the Green Transition
Islamic finance, anchored in asset‑backed transactions and social responsibility, is emerging as a credible alternative to conventional green finance. Its core instrument, green sukuk, ties investor capital directly to renewable‑energy and sustainable‑infrastructure projects, ensuring profits stem from real economic activity....
Killing the Goose that Lays the Gold Medal
The article argues that America’s refusal to welcome talent jeopardizes its dominance in both sports and scientific research. It cites Vice President JD Vance’s criticism of skier Eileen Gu, who, though U.S.-born, competes for China, as evidence of the broader issue....
Four Years of War in Europe
Four years after Russia’s invasion, Europe has become the primary financier and arms supplier for Ukraine, while the United States under President Trump has largely stepped back from direct involvement. The conflict has spurred unprecedented battlefield innovation, notably Ukraine’s mass‑produced...
What Is Trump’s China Policy?
Former President Donald Trump’s China policy is defined by contradictory impulses—pursuing short‑term commercial deals while simultaneously signaling a tougher stance on strategic issues like Taiwan and critical minerals. The administration’s “big‑tent” approach pits pro‑business officials against hard‑line hawks, creating strategic...
US Senator: ‘Much More Money than You Would Think’ in US Development
U.S. Senator Chris Coons told Devex at the Munich Security Conference that the United States allocates far more development assistance than most people realize. He warned that soaring defense budgets among the U.S. and its European allies could crowd out...
World Bank Chief's Role on Trump-Led Board of Peace Prompts Questions
World Bank President Ajay Banga joined President Donald Trump’s Board of Peace for Gaza reconstruction, igniting debate over the lender’s political neutrality. Critics warn his involvement could blur the Bank’s traditionally apolitical stance, while supporters argue his presence may temper...
NATO Needs to Define the Substance of Its 1.5 Percent Pledge
At the 2025 NATO Summit in The Hague, allies committed to raising defense‑related spending to 1.5 percent of GDP by 2030, adding roughly $825 billion across the Alliance. The communiqué, however, offers no clear definition of which expenditures count toward this figure,...
US Supreme Court Strikes Down Trump’s Tariffs: Early Analysis From Chatham House Experts
The U.S. Supreme Court issued a 6‑3 decision striking down President Donald Trump’s global tariffs imposed under the International Emergency Economic Powers Act, finding the administration exceeded its authority. The ruling blocks the baseline 10% "Liberation Day" tariff and related...
Should the Defense Spending Ramp-Up Also Tackle Climate Change?
At the Munich Security Conference, defense leaders focused on tanks, ammunition and troop deployments, while climate change was relegated to the sidelines. Delegations from the Global South, especially small‑island states, warned that climate acts as a strategic risk multiplier that...
Markets Cheer ₹80,000-Crore Divestment Target
The Indian government has set an ₹80,000‑crore dis‑investment target for the next fiscal, sparking a rally in public‑sector undertaking (PSU) stocks and lifting equity markets. The plan combines strategic stake sales and asset monetisation to generate fiscal inflows while unlocking...
Pakistan’s New Special Security Unit Underscores China’s Hold on the Country
Pakistan announced a dedicated special security unit in January 2026 to protect Chinese citizens and projects, a move prompted by a spike in militant attacks on Chinese interests. The unit signals Islamabad’s desperation to retain China’s $62 billion investment amid deteriorating...
Kroenig Interviewed on CBS News on US Strategy in Iran and the Board of Peace
Atlantic Council senior director Matthew Kroenig appeared on CBS News on February 19 to discuss Washington’s options regarding a potential strike on Iran. He warned that a rushed military action could destabilize the region and emphasized the need for a...
How Trump and Erdoğan Can Turn US LNG Energy Dominance Into Black Sea Stability
U.S. President Donald Trump is positioning a three‑party deal with Turkey and Ukraine at the June NATO summit to allow large‑scale U.S. LNG shipments through the Bosporus. Current Turkish regulations bar vessels over 200 m, preventing most U.S. LNG carriers from...
Australia and Timor-Leste: A New Partnership for a New Era
Australian Prime Minister Anthony Albanese and Timor‑Leste Prime Minister Xanana Gusmão signed the Parseria Foun ba Era Foun declaration, establishing a new partnership built on three pillars – peace and regional integration, prosperity and resilience, and people‑to‑people links. The accord expands cooperation in security,...
To Bridge the Transatlantic Productivity Divide, Europe Needs Structural Reforms—And AI
Europe’s productivity lags far behind the United States, with EU real‑GDP growth averaging 1.3% since 2000 versus 2.4% in the US. The gap is driven by weak diffusion of IT and AI advances, which account for 25% of US growth...
Where Do India and Pakistan Stand in Kazakhstan’s Southward Connectivity Push?
Kazakhstan is accelerating a southward connectivity push to secure Arabian Sea access, reducing reliance on Iran’s Chabahar and Bandar Abbas ports. President Tokayev’s recent visit to Islamabad underscored a partnership focused on the Kazakhstan‑Turkmenistan‑Afghanistan‑Pakistan (KTAP) rail corridor and a broader...
‘Targeted Injection of Capacity’ Into Vietnam, Thailand Reshapes Ocean Networks
Ocean Alliance is injecting targeted capacity into Vietnam and Thailand in its Day 10 network update, turning ports like Haiphong and Laem Chabang into core deep‑sea origins. The shift adds four trans‑Pacific services to Haiphong and doubles West‑Coast sailings from Laem Chabang, while...
European Security Needs Turkey
Europe faces its most serious security shortfall in decades as reliance on U.S. defense guarantees wanes. The article argues that strategic autonomy must include re‑engaging Turkey, NATO’s most capable land force and a pivotal regional actor. It highlights the Trump...
Vanguard Eyes Non-U.S. Markets To Hedge High-Grade Debt Exposure
Commodity Boom Helps to Drive JSE Confidence
South Africa’s commodity surge—gold up 65% and platinum 125%—is fueling a boom on the Johannesburg Stock Exchange, with mining firms delivering double‑digit returns. The JSE’s recent rule changes, cutting shareholder approval thresholds from 75% to 50% and aligning disclosure standards,...
Why Verifying a Business in Africa Is Harder than Moving Money
Cross‑border payments in Africa now settle in seconds, but verifying the counterpart business can take weeks. The delay stems from fragmented, offline national registries and a lack of cross‑border data harmonisation, creating a “registry gap” that hampers the African Continental...
Why MAGA Fears Europe
President Donald Trump and his MAGA allies continue to cast the European Union as weak and misguided, a theme echoed at both Davos and the Munich Security Conference. The article counters this narrative, highlighting the EU’s social‑market model and its...
The Big Picture
At the 2025 Munich Security Conference, U.S. Vice President JD Vance delivered a sharply critical speech, accusing European allies of abandoning fundamental democratic values and curbing free speech to manage migration. In contrast, the 2026 conference saw Secretary of State...
Venezuelan Democracy Needs Action, Not Cheap Talk
U.S. President Donald Trump announced a Venezuela policy that puts oil reconstruction ahead of democratic elections. In a Fox News interview he pledged at least $100 billion from American oil firms to rebuild the country’s oil infrastructure, with the United States...
A New Iranian Revolution?
Iran’s economy is spiraling under soaring inflation, unemployment and renewed U.S. sanctions, stoking widespread public discontent. The Islamic Republic faces a legitimacy crisis that could trigger either systemic reform or outright collapse. Analysts warn that without a shift toward moderate...
Philippine Fast-Moving Consumer Goods Spending Growth Seen Slowing in 2026—Study
The Worldpanel by Numerator report projects Philippine FMCG spending to grow only 3‑4% in 2026, a sharp deceleration from last year’s 5.2% rise. The slowdown reflects weaker GDP growth, now seen at 5.3% versus an earlier 6% estimate, and higher...
Lesotho’s High-Altitude Bet: Can Tourism Infrastructure Turn a Mountain Kingdom Into an Investment Destination?
Lesotho is repositioning tourism as an infrastructure‑finance engine, using public‑private partnerships to attract private capital and extend visitor stays. The flagship Katse Tourist Village aims to turn a major reservoir into an eco‑destination that spurs roads, utilities and local supply...
Local Contractor Wins $143m Jeddah Sewage Contracts
Saudi Arabia’s National Water Company awarded two sewage‑network contracts worth SR 536.3 million ($143 million) to local contractor Civil Works Company. The contracts, spanning 32 months, will upgrade pipelines and tunnels across northern Jeddah, covering neighborhoods such as Al‑Bashair, Al‑Asala, Al‑Falah and Al‑Hamdaniya....
Regional Infrastructure Demands Robust PPPs
Lamar Holding CEO Lina Noureddin told MEED that the Middle East’s infrastructure surge is increasingly reliant on public‑private partnerships to close financing gaps. She highlighted that robust PPP frameworks, clear regulatory guarantees and risk‑sharing models are essential for attracting institutional...
Saudi Arabia Prequalifies Firms for Gas Transmission Grids
Saudi Arabia’s Energy Ministry announced the pre‑qualification of eight standalone firms and seven consortia to design, build, own and operate natural‑gas transmission grids in five key industrial cities. The BOO scheme targets Al‑Kharj, Sudair, and three Jeddah industrial zones, with...
US-India Trade Marathon Eyes April Finish Line
India and the United States are moving toward an interim trade agreement that is expected to be signed in April, Union Commerce Minister Piyush Goyal announced. Negotiators will convene in Washington from Feb 23 to finalize the legal text, converting a...
E Vehicle Infrastructure Financing for High Growth
Vietnam aims to host one million electric vehicles by 2030, rising to 3.5 million by 2040, creating a clear need for 100,000‑350,000 public chargers. The paper argues that a shift from a single‑operator, brand‑specific network to an open, interoperable ecosystem will...
Economic Factors and Themes to Be Mindful Of
Investors face heightened global volatility in 2026 as leading central banks diverge—while the Fed and BoE continue rate cuts, the ECB sits near neutral and the BoJ tightens. Geopolitical flashpoints around the United States add safe‑haven demand, further weakening the...
Danang Positioned as Crucial Economic Hub for Central Vietnam
Danang’s 2045 master plan re‑imagines the city as a megacity and international financial centre, integrating coastal, mountainous and border zones. The Danang International Financial Centre (IFC) began operations in early 2026, focusing on digital finance, asset tokenisation and green‑finance solutions....
Japanese Market 'More Dynamic' Than London, Says Apollo CEO
Apollo Global Management’s CEO Marc Rowan told Nikkei that Japan’s corporate finance market is becoming more dynamic than London’s, prompting Apollo to expand its private‑credit platform in the country. He highlighted the need for long‑dated funding to support infrastructure, energy...