EMerging Equity
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Putin Pushes Ahead With Plan To Integrate CIS Currency Market
Russian President Vladimir Putin has moved one step closer to creating an integrated currency market in the Commonwealth of Independent States (CIS), which is a regional organization whose participating countries are former Soviet Republics, formed after the breakup of the Soviet Union. On Friday, Putin submitted a draft law, named “On Ratification of the Agreement on Cooperation in Organizing … Continue reading
Emerging Market Currencies Perfectly Positioned To Crash Following The Devaluation Events in China, Vietnam And Kazakhstan
Kazakhstan’s currency fell by a record 23% in trade on Thursday, August 20th, after the country abandoned control of its exchange rate, as it became the latest emerging market to scrap efforts to prop up its currency before the U.S. Federal Reserve hikes interest rates. Vietnam’s Central bank has devalued the nation’s currency on Wednesday, August 19th, for the … Continue reading
The Ufa Summit: Enlargement Of The Shanghai Co-Operation Organization
The recent summit of the Shanghai Co-operation Organization (SCO) held in the Russian city of Ufa agreed to enlarge the organization. President Putin declared “For the first time since its establishment, we have launched a procedure for admitting new members – India and Pakistan”. By Süreyya Yiğit Documents were signed to begin the accession of … Continue reading
India One Step Closer To Sign Free Trade Agreement With The Eurasian Economic Union
Earlier this year on March 1, EMerging Equity reported in details that India proposed creating a free trade zone with the Eurasian Economic Union (EEU). We are three months later in June and the EEU and India have started negotiations over the free trade zone agreement and signed a framework agreement at the International Economic Forum in St. … Continue reading
Vietnam Signs Free Trade Deal With Russia-led EEU Economic Block
“The Eurasian Economic Union (EEU) and Vietnam signed a free trade zone agreement on Thursday. It became the first international document on creating a free trade zone between the EEU and a third party,” RT reports. “The deal to establish the Eurasian Economic Union (EEU) was signed by the presidents of Russia, Belarus and Kazakhstan … Continue reading
Russia Interested In Integration Of Latin American Associations’ Into The Eurasian Economic Union (EEU)
Russia is interested in Latin American associations’ integration into the Eurasian Economic Union (EEU), Russian Foreign Minister Sergey Lavrov said on Wednesday, TASS news agency reports. “We welcome Columbia’s active role in promoting integration processes in the region, including in the framework of CELAC [Community of Latin American and Caribbean States], UNASUR [Union of South … Continue reading
In Eurasia, Devaluation Is First Line Of Defence
By Chris Weafer, Macro Advisory Russia is not the only economy suffering from the combination of the oil price collapse and sanctions; most of the countries in the Commonwealth of Independent States (CIS) are also feeling the pain. For some it is because they have also waited far too long to start diversifying away from … Continue reading
The U.S. Is Juggling Chaos And Coordination In Order To Contain China – OpEd
By Andrew Korybko It’s no secret by now that the US is dead set on containing China, yet it’s shying away from engaging in a direct confrontation with it. Instead, the US is managing a dual policy of creating chaos along China’s western and southwest reaches, while coordinating a containment alliance along its southeastern and northeastern … Continue reading
No Legal Hurdles In Expanding The Shanghai Cooperation Organization (SCO), Secretary General Says
There are no legal hurdles in expanding the Shanghai Cooperation Organization (SCO) and expansion talks will be discussed in the near future with a decision possibly being announced at the summit of SCO and BRICS (Brazil, Russia, India, China and South Africa) in Russia over the summer, the SCO’s Secretary General Dmitry Mezentsev told TASS news agency on … Continue reading
China: Its Economic And Geopolitical Eurasian Strategy
By Gulam Asgar Mitha For several decades and centuries, the European and Asian colonial powers fought among themselves for control of foreign lands, cultures (predominantly language and religion) and economic gains resulting in mass killings and two devastating world wars on their soils that ended in the decline of several major world powers and the rise … Continue reading
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