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
Chairwoman of the National Bank of Ukraine Valeriya Gontareva stated that Ukraine’s GDP declined by 7.5 percent, whereas the inflation rate since the beginning of the year reached 21 percent. To crown it all, the Ukrainian currency, the hryvnia has lost 100 percent of its value since the beginning of 2014, TASS reports. According to … Continue reading
On December 25, Iran started a large-scale six-day military exercise titled «Mohammad Rosulollah» (Mohammad the Messenger of Allah) demonstrating the capability to repel an attack launched from the Gulf of Oman. The training event covers an area of 2.2 million square kilometers stretching from the East of the Strait of Hormuz to the border with … Continue reading
Russia’s GDP in November 2014 decreased by 0.5% in annual terms. The decline was recorded for the first time since 2009, a report from the Economic Development Ministry said. “In November, the dynamics of Russian GDP vs. the corresponding period of the previous year, according to the Ministry of Economic Development of Russia, has proceeded … Continue reading
Russia and the United States: Are these two countries destined to be enemies? Well if you ask the US Congress the answer appears to be yes. Why do so many in. A troubled relationship or a transforming international system? As the West and Russia turn away from each other, can we expect more tensions or … Continue reading
Erin Ade sits down with Steve Hanke, professor of economics at Johns Hopkins University and director of the Troubled Currencies Project at the Cato Institute. Dr. Hanke tells us what impact the strong US dollar is going to have on emerging markets and gives us his take on if the Federal Reserve should take emerging … Continue reading
Very comprehensive and detailed market outlook 2015 by Rick Lacaille from State Street Global Advisors. Courtesy of ET NOW
Russia and China are moving away from U.S. Dollar. Courtesy of Global Economy
On December 22, 2014 CCTV America interviewed Jim Rogers, who runs Rogers Holdings, an investment firm, about the 2015 economic outlook. Very interesting insights on Russia, commodities, energy, and many more … Courtesy of CCTV America ETFs: RSX, ERUS
By Ylli Përmeti Abstract: This article attempts to show that in the new era of neoliberal globalization on which stands a Transnational Elite, the ‘war’ that characterizes mainly the last four decades or so cannot be reduced to ‘currency wars': because currencies accompany the general war of the Transnational Elite launched since the dawn of the … Continue reading