Economics

Costa Rica has introduced tax incentives for the electrical vehicle industry, which is likely to experience exponential growth in the next two decades. Risks to investors nonetheless remain.

Finance

The BRI aims at dismantling foreign investment barriers and improving international logistics has provided much-needed infrastructure support to its recipient countries. But BRI-related project loans may cause a problematic increase in sovereign debt in certain host countries.

Security

The latest Security Briefing from GRI Senior Analyst Nicolò Donà dalle Rose focuses on the appointment of Italy’s new Minister of Defense and its impact on Italian involvement in Libya and Lebanon, as well as Italy’s broader foreign policy stance.

Natural Resources

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The competition for the control of state revenues remains tense as Haftar’s Libyan National Army intensified its attempts to seize key institutions ahead of December 2018 elections. Although oil production increased in 2017, continuing insecurity due to armed groups still largely constrain Libya’s oil potential.

Technology

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In early August Novatek, Russia’s largest independent natural gas producer, launched the second train of Yamal LNG even earlier than planned. Although gas production is ahead of schedule, Novatek’s shipping capacities are lagging behind.