EMerging Equity
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20% Of Russian Banks Could Collapse In 2015, Vedomosti Says
Russia’s banking sector faces significant challenges in 2015 as an economic crisis broadens which may lead to nearly 20% of its banks collapsing this year, Russian business daily Vedomosti reported on Tuesday, citing Russian think tank the Center for Macroeconomic Analysis and Short-Term Forecasting (CMASF). This year, over 200 Russian banks could collapse due to a combination of bad loans and the … Continue reading
The New Global Economy: The Rise Of China And Decline Of The U.S.
By G. Asgar Mitha There is a limit to economic manipulations by empires. All empires have perished due to economic hardships. The Ottoman, Soviet and the British empires were no exception in the past century. Waste was the key product of these empires. Whether the only empire – the US – understands it or not, … Continue reading
Argentina: Beyond Impunity
Argentina’s democracy has travelled far since the early 1980’s. Now, the sudden death of a senior prosecutor highlights the need for a new phase of reform. . By Juan Gabriel Tokatlian Most foreigners are genuinely shocked by the enigmatic death of Argentina’s special prosecutor Alberto Nisman. They are also puzzled by the pervasive lack of justice … Continue reading
Revolution, Counter Revolution, And The Economic War In Venezuela
By William Camacaro and Frederick B. Mills Introduction: A Decisive Battle is at Hand In a speech outside the Miraflores palace on January 17, 2015, upon his return from a twelve day trip abroad, President of the Bolivarian Republic of Venezuela Nicolas Maduro Moros addressed an expectant crowd of well wishers. Seizing the moment in … Continue reading
Russian PM Vows ‘Unrestricted’ Response If Banned From SWIFT International Payment System
Russia’s response to a possible cut-off from the SWIFT international banking payment system will be “unrestricted,” Prime Minister Dmitry Medvedev vowed. The West is pushing for hitting Moscow with more sanctions as the Ukraine crisis deteriorates. “We will see what happens, but of course if such decisions are made, I want to note that our … Continue reading
Russia’s Rosneft Says It Can Weather $30 Oil
Plunging oil prices, even as low as $30 per barrel, won’t offset the world’s largest-listed oil company, Rosneft’s investment and development plans, according to the company’s VP. “The company can weather $30 per barrel prices, but problems with the Russian budget will arise,” Rosneft Vice president Viktor Ishayev told reporters at a press conference in Khabarovsk. … Continue reading
Reforms In Asia Bring Big Potential For Small Companies
By Mark Mobius Templeton Emerging Markets Group At Templeton Emerging Markets Group, we believe Asia’s combination of rapid economic growth, generally strong national finances and economic fundamentals has created an attractive landscape for equity investors. Seismic changes have been taking place in Asia’s political arena over the past couple of years, including major elections, leadership … Continue reading
Russia Could Offer BRICS Partners To Create Joint Orbital Station
Moscow could propose to China and India to create a joint manned orbital station at the summit of the BRICS emerging economies in Russia’s Ufa in July, a document drafted by the expert council at Russia’s military and industrial commission said on Tuesday. The experts recommend “working out the possibilities of an international manned project … Continue reading
Russia, Iran To Create Joint Bank For Transactions In National Currencies
Relations between Moscow and Tehran are actively developing, according to Iran’s ambassador, so the two countries are planning to trade in national currencies. . By Sputnik Russia and Iran plan to create a joint account in for their national currencies for trade, Iranian Ambassador to Russia Mehdi Sanaei told RIA Novosti in an interview Tuesday. “Both sides plan to create a joint bank, … Continue reading
Gazprom Reinforces Grip On Baltic With LNG Terminal Plan
By BNE Russia plans to build a giant liquefied natural gas (LNG) terminal on its Baltic coast that could disrupt efforts to construct a pan-regional facility to serve Latvia, Lithuania and Estonia. Russian gas giant Gazprom said on January 22 that it will build an LNG terminal at the sea port of Ust-Luga. The facility is planned to be capable of … Continue reading
