EMerging Equity
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What If SYRIZA Took The EU At Its Word And Audited Greek Debt? – OpEd
By Eric Toussaint Since the announcement that elections will be held in Greece on 25 January 2015, the prospect that they be won by SYRIZA has been presented as a menace to international public opinion and in particular, as a threat to the Eurozone. Yet those who are sounding the alarm are fully aware that SYRIZA … Continue reading
Nigeria’s Credit Rating Is Under Increased Pressure From Oil Plunge, Boko Haram
Nigeria’s sovereign credit rating is under increased stress amid the plunge in oil prices, which is compounded by violent attacks by the Boko Haram, according to Moody’s Investors Service, Bloomberg reports. Nigeria, which is Africa’s largest oil producer and also its largest economy, is falling under mounting pressure as violent attacks from the Boko Haram … Continue reading
Al Qaeda In India: Why We Should Pay Attention – OpEd
By Sunil Dasgupta In September 2014, al-Qaeda announced that it was launching a branch in the Indian subcontinent. The move was widely seen as an effort by al-Qaeda as an organization to remain relevant in a world where the Islamic State (IS) was taking over the mantle it had held for more than a decade. … Continue reading
Moody’s Says Russia’s GDP To Fall By 5.5% In 2015
Moody’s Investors Service, the international ratings agency, says that it expects Russia’s gross domestic product (GDP) to fall 5.5 percent in 2015, the ratings agency said in a statement on Thursday. The statement by Moody’s was featured in the agency’s downgrade of Armenia’s credit rating, whose government bond rating was cut to Ba3 from Ba2 in addition to the nation’s outlook being … Continue reading
Petrobras’s Lesson For Latin America
By Hana Fischer In the wake of the scandal surrounding Brazil’s state-run oil company Petrobras, we would do well to analyze the role of state enterprises in the Americas. Codenamed Lava Jato, or “car wash,” the investigation into Petrobras operations by police and public prosecutors revealed a colossal corruption scheme involving former top executives, construction companies, and … Continue reading
Venezuela, Russia Agree On Cooperation To Develop Orinoco Oil Belt
Venezuela and Russia have reached an agreement to step up investment and participation of Russian companies in development of Orinoco Belt oil reserves and other projects, Venezuelan President Nicolas Maduro said on Thursday after a meeting with Russian President Vladimir Putin in Moscow. The press service of the Venezuelan presidential administration cited the president as … Continue reading
Vietnam Banking System Overhaul May Push Weak Banks Into Bankruptcy
Vietnam will intensify its multi-year efforts to clean up and overhaul its banking system – which has struggled over the years with non-performing loans (NPLs) – by pushing for bank mergers and forcing weaker banks into bankruptcy. The State Bank of Vietnam, the nation’s central bank, said that it will increase measures to “drastically” deal … Continue reading
Brazil Raises Terrorist Threat Level For 2016 Olympics After Paris Attacks
Brazil has raised the terrorist threat level for the Summer Olympic Games it will host in 2016 following the recent terror attacks in Paris, said Luiz Alberto Sallaberry, the director of the counter-terrorism department at the Brazilian Intelligence Agency. “We have no terrorist cells, but there are certain people who can lend assistance to such … Continue reading
BRICS Economic Security Priority For Russia’s 2015 Presidency, Expert Says
Economic security for BRICS emerging market nations should be a top priority for Russia’s presidency of the grouping uniting Brazil, Russia, India, China and South Africa, a Russian expert said on Thursday, urging vigorous steps to develop a regional development bank and a currency reserve pool. Vladimir Davydov, deputy chairman of the research council of … Continue reading
How China’s Balkan Silk Road Can Resurrect The South Stream – OpEd
By Andrew Korybko Oriental Review China is extending its Silk Road into the Balkans, with a planned project to construct a railroad from the Greek port of Piraeus all the way to Budapest. This would connect Beijing’s primary port of entrance for its commercial goods to one of Central Europe’s main transport conduits, thereby pushing … Continue reading
