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Scoop.it!
Total's $20bn (£14.6bn) gas liquification plant is the largest foreign investment in Africa. 
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Scoop.it!
The US president's warning came after he had his first phone call with China’s President Xi Jinping.
Graham Watson's insight:
He may be the oldest new President on record, but, by jove, he's right.
The US economy has many supply-side problems and is actually fairly complacent about them - without serious infrastructure spending, it is likely to get left behind by China.
Interestingly, it may well be a case where second- or third-movers are best placed, not having had lower quality infrastructure in the first place.
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Scoop.it!
US President Joe Biden has set out a a $2tn (£1.4tn) plan that would mark the largest federal investment in infrastructure "in a generation". The US federal government played a key role in developing infrastructure over the course of the 20th Century, from the public works project of the 1930s to the building of the highways in the 1950s.
Graham Watson's insight:
The BBC does economic history, looking at how Joe Biden's $2tn infrastructure compares to the New Deal, especially the Works Progress Administration and the Federal Highway Act, 1956.
It's fascinating and helps put the current plan in context, and helped shape modern America.
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Total's decision to halt its work in Northern Mozambique represents a significant supply-side shock for the southern African economy, and the wider implications of uncertainty deterring further foreign investment would suggest that the future prospects for the economy aren't as optimistic as they might be.