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☆ Inside the Factory Supplying Half of Africa’s Syringes
▼ + stars: | 2024-05-27 | by ( Apoorva Mandavilli | Brian Otieno | ) www.nytimes.com time to read: +1 min

On the stunning Kenyan coast, about halfway between 15th-century ruins and the vibrant city of Mombasa, a small factory is helping to achieve one of Africa’s biggest health care goals: self-reliance. With fewer than 700 employees, Revital Healthcare makes 300 million syringes a year, enough to meet more than half of Africa’s routine immunization needs. In the throes of the coronavirus pandemic, when governments were faced with vaccinating millions of people amid severe shortages, Revital shipped syringes to Sri Lanka, Sweden, the United Arab Emirates and Uzbekistan — and even sent 15 million syringes to India, said Roneek Vora, the company’s director of sales and marketing. “This is the first time ever in the life of Africa that a medical industry is exporting syringes to India, when we know India is a powerhouse of syringe manufacturing,” Mr. Vora said. “This was a very big deal for us — it broke a lot of barriers,” he added.

Persons: Roneek Vora, Mr, Vora Organizations: Kenyan, Revital Healthcare, United Arab, Uzbekistan — Locations: Mombasa, Sri Lanka, Sweden, United Arab Emirates, Uzbekistan, India, Africa

☆ CNBC Daily Open: U.S. consumer sentiment stays steady
▼ + stars: | 2024-03-19 | by ( Sumathi Bala | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Wall Street gainsU.S. stocks ended higher on Monday as investors look ahead to monetary policy decision from the Federal Reserve. BYD push into emerging marketsChinese automaker BYD is aggressively expanding into emerging markets given policy uncertainty in the U.S. and Europe. They are really starting to become very creative in the AI world," he said of the company, known for its government contract work in defense and intelligence.

Persons: Jensen Huang, Blackwell, Amin Nasser, BYD, Brian Stutland, Palantir Organizations: CNBC, Wall Street, Federal Reserve, Dow, Nasdaq, Bank of, Equity, Investments Locations: Asia, San Jose, Aramco, Saudi Aramco, U.S, Europe, Thailand, Brazil, Indonesia, Hungary, Uzbekistan

☆ As the West courts Russia's neighbors, Putin shows he won't give up its backyard without a fight
▼ + stars: | 2023-11-09 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +8 min

Russian President Vladimir Putin at the Eurasian Economic Summit on Nov. 9, 2022, in Bishkek, Kyrgyzstan. Russian President Vladimir Putin and Kazakh President Kassym-Jomart Tokayev at a joint news conference at the Kremlin in Moscow, on Feb. 10, 2022. "Central Asia obviously has to keep a fine balance and tread that line," Hess said. Analysts note that while an economically isolated Russia wants and needs to keep Central Asia on side, it is gradually losing its grip on the region. Russian President Vladimir Putin, Kazakh President Kassym-Jomart Tokayev and Uzbek President Shavkat Mirziyoyev arrive for a working breakfast of the leaders of the Commonwealth of Independent States in Moscow, Russia, on May 9, 2023.

Persons: Vladimir Putin, Keen, Emmanuel Macron, Putin, Ilham Aliyev, Serdar Berdimuhamedow, Emomali Rahmon, Alexander Lukashenko, Sergei Lavrov, —, it's, Max Hess, Hess, Kassym, Mikhail Klimentyev, Xi Jinping, Florence Lo, they've, Temur Umarov, Tokayev, Shavkat Mirziyoyev, Vladimir Smirnov Organizations: Economic, Getty, Russia, Commonwealth of Independent States, Russian, Central Asia —, Central Asian, Kazakh, CIS, West, Georgia, Foreign Policy Research Institute, CNBC, Kremlin, Reuters Central, Central, Central Asia Summit, Afp, Shanghai Cooperation Organization, Carnegie Russia Eurasia Center, Commonwealth of Independent, Sputnik Locations: Bishkek, Kyrgyzstan, Central Asia, Moscow, Russian, Kazakhstan, Uzbekistan, Kazakh, Russia, Tajikistan, Turkmenistan, China, Soviet, Armenia, Azerbaijan, Belarus, Baltic States, Soviet Union, Moldova, Ukraine, U.S, Afghanistan, Asia, Xian, Shaanxi

☆ As the U.S. Attends the G7, China Hosts a Summit of Its Own
▼ + stars: | 2023-05-18 | by ( Nicole Hong | ) www.nytimes.com time to read: +1 min

The inaugural China-Central Asia summit is part of China’s broader aim to strengthen economic and political partnerships with like-minded countries, to counter what it sees as a U.S.-dominated world order that is trying to contain and suppress China. Notably, Mr. Xi’s summit was scheduled on the eve of the annual Group of 7 summit in Hiroshima, Japan, which begins Friday and will be attended by leaders of the world’s wealthiest large democracies, including President Biden. A major topic for the G7 leaders will be how to address what the United States describes as China’s growing assertiveness. Mr. Xi has sought to deepen China’s influence in Central Asia, part of his efforts to burnish his image as a global statesman. China greeted the leaders of five former Soviet republics — Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan — on the tarmac with a huge crowd of dancers and jumping children chanting: “Welcome, welcome!

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