This tag is associated with 81 posts

Iran’s $10 Billion Mega Canal Could Be Game Changer In Global Trade Routes

The prospects for the creation of a navigable canal between the Caspian Sea and the Persian Gulf are currently being reviewed by Iran and Russia, Mehdi Sanaei, Iran’s ambassador to Russia, said last Friday at a meeting with students at the St. Petersburg State University. Intensified discussions on the possibility of a ‘trans-Iranian’ canal began in 2012, when then-Energy Minister Majid Namjoo told Fars news agency … Continue reading

Why Russia And China Buying Gold — Tons Of It

By F. William Engdahl Gold is one of the most fascinating of all rare metals. Throughout all history it has been given a special, at times sacred or spiritual value, since six thousand years ago when the Egyptian Pharoahs’ tombs were filled with it to accompany the dead on their journey. In times of world financial … Continue reading

The Movement Of Gold Eastward On The New Silk Road

By Rory, The Daily Coin Louis Cammarosano, Smaulgld, and I sat down to discuss the flow of gold and silver as the path East is well worn at this point. While the West creates war, the East creates business. All the talking media idiots constantly complain about how China’s GDP has “dropped” down to around 6%. Did … Continue reading

New Silk Road Gold Trading Kicks Off As Kazakhstan And China Join Forces In Gold Market

By Koos Jansen, BullionStar The other day I bumped into a small but potentially important news item on the website of the Shanghai Gold Exchange. The article was published in Mandarin, of course, as the Chinese (authorities) hardly ever publish valuable information in English – most articles published in English have been intentionally written to communicate … Continue reading

China Increases Oil Imports From Russia At The Cost of Saudi Arabia, Angola And Kazakhstan

“Russian oil exports to China increased fifteen percent in January, as Beijing’s crude imports from Saudi Arabia decreased at the same time, according to China’s General Administration of Customs,” RT reports. China bought 3.36 million tons of crude oil from Russia in January which is a 15% increase from the year before. China’s January imports from Saudi Arabia … Continue reading

Emerging Markets Feeling The Heat From S&P

Emerging market economies are feeling the sting amid an oil price crisis and a slowdown in global growth which is battering economies, markets, and companies; alongside political risk these factors are eroding creditworthiness, which has lead to a spate of downgrades from ratings firm Standard & Poor’s (S&P). S&P has been the first ratings firm to downgrade sovereign debt from Saudi Arabia to Poland so far this year. On February 17, … Continue reading

China’s Silk Road Revival Steams Ahead As Cargo Train Arrives In Iran

A long-distance cargo train has traveled from China to Iran as part of an attempted revival of the ancient Silk Road, a trans-Asian trade route connecting the east to Europe and the Mediterranean Sea. The 32-container train, which arrived in Tehran on Monday, took 14 days to complete the 6,462 mile (10,399km) journey from China’s … Continue reading

7 Emerging And Frontier Markets Beating The Global Downturn

By James Eugene It’s official. Global stocks have now entered bear market territory, with some of the world’s largest equity markets experiencing mass selloffs. Amid all of the commotion, there have been a few emerging and frontier markets that have so far been defying the global downturn. 1. Kazakhstan: +6.30% Despite being bombarded with currency and oil troubles, Kazakhstan’s … Continue reading

Russia-Led Eurasian Economic Union Eyes Free Trade Zone With Hong Kong

The Russia-led Eurasian Economic Union (EEU) is interested in expanding eastward and is looking to sign a free trade agreement with Hong Kong, according to Russia’s Deputy Prime Minister Arkady Dvorkovich. “We recently concluded the free trade zone agreement between the Eurasian Economic Union and Vietnam and are currently negotiating with Israel. We are ready … Continue reading

Kazakhstan Government Approves New Privatization Plan

The government of Kazakhstan has approved a comprehensive privatization plan for 2016-2020, under which the share of state participation in the economy will be cut to 15 percent, National Economy Minister Erbolat Dosayev said on December 28, Kazakh media and regional media report. “On Friday (25 December), we adopted a new comprehensive privatization plan for 2016-2020 with a new list of … Continue reading

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