EMerging Equity
EM_Equity
Raghuram Rajan: Bracing For Stagnation
By Raghuram Rajan As 2015 begins, the global economy remains weak. The United States may be seeing signs of a strengthening recovery, but the eurozone risks following Japan into recession, and emerging markets worry that their export-led growth strategies have left them vulnerable to stagnation abroad. With few signs that this year will bring any improvement, … Continue reading
Pakistan Not To Insist On Talks With India: Foreign Ministry
By Sputnik The Pakistani government is interested in resuming dialogue with India, but will not “run after talks” any longer, a spokesperson for the Pakistani Foreign Ministry told Sputnik on Wednesday. “A stage has come where we say, well, we want peace, we want a resolution to disputes, but we want peace with India with dignity and self-respect, we are not going to run after talks,” the … Continue reading
Banking Crisis In Russia Will Be Massive — Sberbank CEO
The banking crisis in Russia in the current economic situation will be massive, CEO of Russia’s largest lender Sberbank German Gref said on Wednesday. “Of course, it’s obvious that the banking crisis will be most massive,” he said on the sidelines of the annual Gaidar Forum. Since mid-2014 Russian banks have publicly announced they are … Continue reading
China, Russia Launching New Credit Ratings Agency In 2015
By Sputnik The first ratings of Universal Credit Rating Group (UCRG), which was created with the participation of Russia and China, are expected as early as 2015, the Head of the Research Department at RusRating Alexander Ovchinnikov told Sputnik on Tuesday. “In our opinion, the first ratings [will] appear … during the current year,” Ovchinnikov told Sputnik. According to him, the project is in its final stage. … Continue reading
This Is Exactly How Markets Behave Right Before They Crash – OpEd
By Michael Snyder When the stock market starts to behave like a roller coaster, that is a sign that a major move to the downside is right around the corner. As I have stated repeatedly, when the market is very calm it tends to go up. But when the waters start getting really choppy, that is … Continue reading
Russia Could Revise Key Nuclear Arms Treaty Over Growing U.S. Antagonism, Official Says
A senior Russian diplomat has admitted that the unfriendliness by the US could cause Moscow to review its approach to the START agreement on cutting nuclear weapons and their delivery. “So far we have not taken any particular steps in this direction, but I cannot exclude that in the future Washington would force us into … Continue reading
Automobile Production In Ukraine Tumbles By 43% In 2014 – Ukravtoprom
Last year production of automobiles in Ukraine was reduced by 43% as compared with 2013, the press service of Ukraine’s automaker association, Ukravtoprom, said on Thursday. “Totally, 28,751 motor vehicles were produced in 2014. Production of buses dropped mostly. Only 906 buses were manufactured over the 12 months,” the press service said. The decline in … Continue reading
China Goes ‘Rogue’ With ‘Artificial Weather’ Scheme
By Deirdre Fulton Within five years, China intends to use a dubious geoengineering technology known as ‘cloud seeding’ to induce more than 60 billion cubic meters of additional rain each year, its government said this week. Backers of the program—which involves rocket-launching chemicals such as silver iodide into the clouds to allegedly boost rainfall—say the strategy … Continue reading
Israel Faces Worsening International Isolation, Foreign Ministry Paper Warns
By Middle East Monitor A classified Israeli government report has claimed that the country’s deteriorating international position will further decline in 2015, with a growth in boycott campaigns. The Ministry of Foreign Affairs (MFA) document, leaked to Israeli newspaper Yedioth Ahronoth, was sent to Israel’s diplomatic missions worldwide and is “a summary of a multi-ministry situation … Continue reading
Gazprom Announces Final Nail In The South Stream Coffin
Europe will have to get gas via Turkey or Ukraine, there will be no direct transcontinental pipeline to Europe, Gazprom has confirmed. It is disappointing news for Bulgaria, which was hoping to get gas directly from Russia, and not via Ukraine. Gazprom CEO Aleksey Miller made it clear that Turkey, and not Bulgaria, will become … Continue reading
