Frontier Markets

Washington Retreats, Havana Endures

This Is Cuba is the perfect introduction to modern-day Cuba. David Ariosto—who reported on-the-ground for CNN for a year-and a half and traveled to Cuba from the US for many more years—brings humanity to an island that is either shrouded in romance by nostalgists or…
Frontier Markets

How Should Investors Frame Kandy Riots?

Some analysts dismiss the ethnic attacks in Sri Lanka last week as a purely domestic affair. Globalists should be less cavalier. The tragedy is a sobering reflection on our collective failures; it also is a jarring reminder of headline-grabbing violence elsewhere in the…
Frontier Markets

Startup Scene in Vietnam Turns Chaotic

The entire country of Vietnam is fast-transforming itself into the Silicon Valley of Southeast Asia. One reason is rapid economic growth; another is the youthful population. Those fundamentals are coalescing into venture anarchy as the volume of startups overwhelms the…
Frontier Markets

Caribbean Passport Programs Hit Speed Bump

Many nations have citizenship-by-investment policies to entice deep pockets, but Caribbean nations have been under fire for their relatively low hurdles. The tiny island of Dominica, for example, offers its passport to globetrotters for $100,000. While these policies have…
Frontier Markets

Cuba Lingers at Commercial Sideline

Greater economic opportunity is top-of-mind for most Cubans. That point is to be expected, but it was affirmed in a rare public-opinion survey completed last year by a group from University of Chicago. The troublesome finding is that only three-in-ten Cubans think that the…
Frontier Markets

Kenyan Stock-Market Rout Points to Startup Scene

Nairobi-traded equities trail in the global league table. Over the past year alone, the stock market is down more than 13% in US dollar terms. Some names are tempted to buy ravaged assets. Yet the opportunity cost may be too great to act on those instincts, at least for…
Frontier Markets

Kazakhstan Moves Front and Center

If stature and confidence are the making of a robust frontier-market story, then Kazakhstan may have a very good run. The local equity market has already gained about 28% in dollar terms this year. For diplomats, unfolding Kazakh-sponsored talks on the Syrian crisis…