President Putin’s surprise amnesty allowing Russians with cash stashed abroad to bring it back home with no penalty may be a windfall, but then maybe not. The US, Mexico, Italy, Kazakhstan, and many others have tried it with varied success. When financial crises hit, governments have tried to reel in assets held overseas by both … Continue reading
Emerging and Frontier Markets are an asset class itself these days and offer investors amazing opportunities. The challenge is to harness the amount of volatility relatively bigger versus the other equity asset classes. Also the universe of ETFs in that space is pretty big and any successful asset allocation approach has to follow a well … Continue reading
By Pepe Escobar So the EU “defeated” Putin by forcing him to cancel the South Stream pipeline. Thus ruled Western corporate media. Nonsense. Facts on the ground spell otherwise. This “Pipelineistan” gambit will continue to send massive geopolitical shockwaves all across Eurasia for quite some time. In a nutshell, a few years ago Russia devised Nord … Continue reading
The Ukrainian Energy Ministry has announced that hundreds of wagons full of Russian coal which had been held up at the border in Ukraine’s east since last week, have now started entering the country. “Coal deliveries to the thermal power station have been resumed. Wagons with about 50,000 tons of coal have already been sent … Continue reading