EMerging Equity
Archive for December 2014
U.S. Lifts 40-Year Ban On Oil Exports
The US has decided to lift a ban on crude oil exports introduced in the 1970’s. The Obama administration is allowing several companies to start exporting raw materials beginning next August. The US Commerce Department’s Bureau of Industry and Security (BIS) has authorized several energy companies to export so-called ultra-light oil, as stocks in the … Continue reading
The Saudis Want To Put “Their President” In The White House – OpEd
By Viktor Mikhin Politics, as we know, is closely linked to the economy and in many cases is in line with the economic practice that a certain State professes. This strong connection is clearly seen in the development of the last cycle of falling oil prices. First and foremost the country who began to cut prices … Continue reading
The Silk Road Project And Opportunities To Improve Sino-Turkish Relations
By Selcuk Colakoglu Turkey’s Contemporary Silk Road Project and China’s project named ‘One Belt and One Road’, or the ‘Silk Road Economic Belt’ (SREB), are providing both sides with great opportunities. Indeed, the construction of the ‘Contemporary Silk Road’ has been a matter of debate since early 1990s, but the project is yet to be … Continue reading
Causes And Consequences Of China’s Upturn In Kazakhstan
By Da Vinci Analytic Group In the middle of December, China and Kazakhstan reached historical agreements that are likely to reverse the situation in the whole Central Asian region and slash Russia’s standing there. The representatives of Beijing and Astana signed a wide range of documents on economic cooperation triggering geopolitical developments. The signatories estimate … Continue reading
Emerging Market Fund Flows Fall Most Since “Taper Tantrum” In June 2013: IIF
Investors withdrew $11.5 billion out of emerging markets in December, the sharpest retrenchment since the “Taper Tantrum” in June 2013, according to the Institute of International Finance’s (IIF) latest EM Portfolio Flows Tracker. “December was by far the weakest month for EM portfolio flows this year,” said Robin Koepke, an economist at the IIF and lead … Continue reading
Venezuela’s Inflation Could Top 1,000% Without A Weaker Bolivar: BofA
Venezuela needs to devalue the nation’s currency, the bolivar, or risk inflation topping 1,000 percent as early as 2015, according to Bank of America, Bloomberg reported on Tuesday. Under Venezuela’s current system, an overvalued bolivar means that the government effectively sells U.S. dollars it earns from oil exports at a discount, compelling policy makers to … Continue reading
World’s 400 Richest Get Richer, Adding $92bn In 2014
The 400 richest billionaires in the world added another $92 billion to their names in 2014 and now sit on assets worth $4.1 trillion, but Russia’s super-wealthy have been hit by economic problems resulting from the Ukraine crisis. The biggest winner in 2014 was China’s Jack Ma, who co-founded the Alibaba Group Holding ltd, (BABA), … Continue reading
The American People Are Utterly Clueless About What Is Going To Happen As We Enter 2015
The American people are feeling really good right about now. For example, Gallup’s economic confidence index has hit the highest level that we have seen since the last recession. In addition, nearly half of all Americans believe that 2015 will be a better year than 2014 was, and only about 10 percent believe that it … Continue reading
Gazprom Becomes 100% Owner Of Abandoned South Stream Gas Pipeline
Gazprom has bought out the shares of South Stream Transport BV, a company that was in charge of the construction of the cancelled gas pipeline marine section. Italy’s Eni, Wintershall of Germany, and France’s EDF have decided to withdraw from the South Stream project. They have sold their shares to Gazprom, which already owned 50 percent … Continue reading
U.S. Renewables, Shale – Other Victims Of Slumping Oil
Conventional oil producers are not the only ones affected by falling oil prices. The energy crisis has also hit shale production and green energy in the US, Marin Katusa, chief energy investment strategist from Casey Research told RT. “In America most of the green energy, whether you talk about solar or wind, the technologies aren’t … Continue reading
