EMerging Equity
Archive for March 4, 2015
Libya Requests U.N. For Tanks, Jets, Arms To Fight Islamic State; Declares Force Majeure On Oil Fields
Libya has reportedly requested the United Nations (UN) for permission to import 150 tanks, 24 fighter jets, 7 attack helicopters, tens of thousands of assault rifles and grenade launchers, and millions of rounds of ammunition from Ukraine, Serbia, and Czech Republic, according to a report from Reuters on Wednesday. The North African nation has submitted a written … Continue reading
The Breakdown Of U.S.-Israeli Relations Brings Us Several Steps Closer To World War III – OpEd
In the past 40 years, we have never been closer to World War III than we are today. By Michael Snyder If you ask Americans to name what area of the globe they believe World War III will begin, the number one choice by a landslide would probably be the Middle East. And thanks to … Continue reading
Moscow To Beijing In 33 Hours: New Details Of The High-Speed Rail Link Mega Project
“Possible route could see 400km/hour bullet train pass through heart of Siberia and Altai region with stops in major cities,” The Siberian Times Reports. China has been working intensively on a $242 billion (1.5 trillion yuan) high-speed rail link between Beijing and Moscow. The aim is to cut the journey time from five to ‘two days’. The railway … Continue reading
Turkey Looks To Become Major Energy Hub
With Moscow declaring in the coming years that it will divert its gas supplies away from Ukraine and through Turkey to supply Europe, Ankara said it is a step closer to its goal of being a major gas hub. But critics point out Turkey still has many hurdles to overcome. By Dorian Jones The deepening crisis … Continue reading
The Philippines: A Big Winner From Falling Oil Prices With Robust Growth, Strong Banking Sector – Moody’s
Moody’s Investors Service said on Tuesday that the Philippine government’s sovereign rating of Baa2 is supported by improvements in government finances alongside ongoing debt reduction in addition to benefiting from low oil prices. “The country has favorable prospects for strong economic growth, and as a net oil importer, stands to benefit from a prolonged period of lower oil … Continue reading
China’s Central Bank Cuts Interest Rates On Special Lending Facilities
China’s Central Bank, The People’s Bank of China (PBOC), has cut the interest rates on its short-term lending facility (SLF) for its local branches, Reuters reported on Wednesday, citing sources familiar with the matter. According to Reuters, overnight lending rates will be cut to 4.5 percent from 5 percent and seven-day lending rates will be cut to … Continue reading
The Collapse Of The Hryvnia: Five Reasons Why Ukraine Is Becoming Europe’s Zimbabwe
As the Ukrainian National Bank introduces new capital controls, this time for businesses, and raises interest rates, the country’s economy slides into Zimbabwe-grade hyperinflation, as measured by the Cato Institute. There are five main reasons why. By Sputnik News A recent Cato Institute study cited in a Washington Post blog claims that Ukraine’s inflation rate is … Continue reading
Russia Says Will Push For India’s Full Membership In The Shanghai Cooperation Organization
Moscow will make every effort to ensure India gets full membership in the Shanghai Cooperation Organization (SCO) at the upcoming SCO summit in Russia’s southern city of Ufa, Sergey Naryshkin, Chairman of the Russian State Duma said following a meeting with the heads of both chambers of the Indian Parliament in New Delhi last week, Indian newspaper The Hindu reported. “India is playing an active role … Continue reading
Saudi Arabia, South Korea Sign Nuclear Cooperation Pact To Build Reactors
The leaders of Saudi Arabia and South Korea have agreed to cooperate to build more than two small and medium-size nuclear reactors in Saudi Arabia in a deal worth as much as $2 billion, South Korea’s Yonhap news agency reported on Tuesday. South Korean President Park Geun-hye arrived in Riyadh on Tuesday and met with King Salman … Continue reading
Iran, China Moving Toward Strategic Relations
By Saeed Mohammadian More than four decades have passed since the establishment of official political relations between Iran and China. Although these effective players in East and West Asia have had longstanding relations as old as the history of the Silk Road, political and economic relations between the two countries have been sometimes criticized by Western … Continue reading
