EMerging Equity
Uzbekistan
Syria Applies For Observer Status At The Shanghai Cooperation Organization (SCO)
Syria has filed an application for an observer status at the Shanghai Cooperation Organization (SCO), Russian Presidential Envoy for SCO Affairs and Director of the Foreign Ministry’s Department for Asian and Pacific Cooperation Bakhtier Khakimov said on Friday, TASS reports. “The issue of the Organization’s expansion is a topic we are currently working on,” the … Continue reading
Kazakhstan And The Emerging Market Gold Rush
By Paolo Sorbello Kazakhstan produces around 22 tons of gold each year, a figure comparable to neighboring Kyrgyzstan (18 tons), but only a quarter of Uzbekistan’s production (92 tons). Gold is not a major feature of Kazakhstan’s mining industry, which is dominated by chromium, copper, zinc, and uranium, but it is becoming a key asset … Continue reading
The Case For Bringing Syria Into The Shanghai Cooperation Organisation (SCO)
By Andrew Korybko Syria is ground-zero in the battle between the Resistant & Defiant (R&D) multipolar states and the unipolar world, and the resolution of the conflict would therefore have enormous implications for both sides. Thus far, however, the only R&D states that have been offering substantial support to Damascus in its war on terror have … Continue reading
The New Global Economy: The Rise Of China And Decline Of The U.S.
By G. Asgar Mitha There is a limit to economic manipulations by empires. All empires have perished due to economic hardships. The Ottoman, Soviet and the British empires were no exception in the past century. Waste was the key product of these empires. Whether the only empire – the US – understands it or not, … Continue reading
Falling Ruble Can Change Power In Several Former Soviet Republics
As many as 70 percent of guest workers have returned to their home countries from Russia after the drop of the ruble exchange rate. Vadim Gorshenin, Chairman of the Board of Directors of the Pravda.Ru Media Holding, dwells on positive and negative aspects of the guest workers’ exodus. Is it good or bad for Russia? … Continue reading
Causes And Consequences Of China’s Upturn In Kazakhstan
By Da Vinci Analytic Group In the middle of December, China and Kazakhstan reached historical agreements that are likely to reverse the situation in the whole Central Asian region and slash Russia’s standing there. The representatives of Beijing and Astana signed a wide range of documents on economic cooperation triggering geopolitical developments. The signatories estimate … Continue reading
Russia Effect Hits Central Asia To Greater And Lesser Degrees
Naubet Bisenov and Jacopo Dettoni in Almaty BNE The Asian Development Bank, in its latest “Asian Development Outloook Supplement” published on December 17, cut the growth outlook for Central Asia to 5.1% from the previous 5.6% for the full-year 2014 and to 5.4% from the previous 5.9% for 2015. The countries in the region most exposed to … Continue reading
Free Fall Of The Ruble: Who’s Behind It? A Ploy of Russia’s Economic Wizards? Whose Chess Game?
The world is still hell-bent for hydrocarbon-based energy. Russia is one of the world’s largest producer of energy. Russia has recently announced that in the future she will no longer trade energy in US dollars, but in rubles and currencies of the trading partners. In fact, this rule will apply to all trading. Russia and … Continue reading
Ruble Crunch Hits Russia’s Neighbors Hard
By Charles Recknagel As the value of Russia’s ruble tumbles amid low oil global prices and Western sanctions, it is taking the currencies of many former Soviet republics down with it. Just ask Gagik Ghazaryan, an exporter in Armenia. He used to be able to sell soft drinks and canned food profitably to Russia before … Continue reading
New Rail Line To Turn Kazakhstan Into Transit Hub Between China, Middle East
By Naubet Bisenov BNE A new railway connecting Central Asia with the Persian Gulf through Iran was officially opened on December 3. With Kazakhstan completing its east-west rail line that links the country’s center to the west earlier this year, the new international railway line now offers direct passage for Chinese goods to Iran and … Continue reading
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