EMerging Equity
Archive for February 10, 2015
Russia To Help Egypt Build ‘A Whole New Nuclear Power Industry’ – Putin
Russia will contribute to building “a whole new nuclear power industry” in Egypt, President Vladimir Putin has announced as the two countries have signed a number of agreements after a meeting in Cairo. The leaders of Russia and Egypt have signed “a memorandum of understanding to build the first nuclear plant in [the northern city … Continue reading
Egypt To Join Russia-Led Eurasian Free Trade Zone
Egypt has established a free trade zone with the Russian-led Eurasian Economic Union, which includes Russia, Armenia, Belarus, and Kazakhstan, president Sisi of Egypt announced at a joint news conference with Russian President Vladimir Putin. “We have reached an agreement to establish a free trade zone between Egypt and the Eurasian Economic Union,” Egyptian President … Continue reading
U.N. Holds Behind The Scenes Greek Derivatives Talks As Transparency Questions Raised
A key option in Greek debt negotiations, sovereign debt forgiveness, is apparently off the table as non-transparent Greek derivatives take priority over a compromise. The most unreported story in the Greek negotiation is the unknown impact of the derivatives contracts that underlie the economic system. What banks have exposure? Who is the primary U.S. regulator dealing with the … Continue reading
Saudi Arabia: S&P Lowers Outlook On Oil Price Negative Trend
S&P Rating agency has lowered the outlook for Saudi Arabia to negative at the back of sliding oil prices. The country is the world’s top oil exporter. The agency maintained its sovereign credit rating for the kingdom due to the country’s very solid fiscal condition and despite the substantial deficit planned. S&P also stated that “… … Continue reading
A New Rise Of Japan? – OpEd
Japan is trying to increase its influence by reinventing itself in the areas of foreign policy, security and economics and by repositioning itself in the global order. However, while it is observed that the country’s foreign and security policies are going through a tough test, it also would be difficult to say that developments in … Continue reading
Greece Has Plan B – Panos Kammenos
So far Greece has not managed to secure a new debt agreement with the Eurozone. Panos Kammenos, the Greek Defence Minister, suggested that his country is willing to consider different options. He indicated that Greece could look for help outside of the Eurozone. On Tuesday, during one of the Greek television shows, Kammenos said “What we want … Continue reading
Oil Plunge To $20 Could Be On The Horizon, Citigroup Warns
A recent surge in the price of oil is simply a “head-fake,” and oil as cheap as $20 a barrel could be around the corner in 2015, according to report from Citigroup that was released on Monday. In Citigroup’s report, Edward Morse – the firm’s global head of commodity research – said that Brazil and Russia are … Continue reading
Commodities: Is The Arctic Home To The “New Great Game”?
By Steven MacMillan As a resource-rich region which is home to copious amounts of oil, gas, gold, and an array of other metals, the Arctic will be a theatre of geopolitical competition between NATO and Russia in the coming decades, along with attempts by NATO to contain Russia. The Arctic holds an estimated 13% (90 … Continue reading
Economic Boom On Thai-Myanmar Border Brings Hope
By Steve Sandford Thailand and Myanmar are working on big plans to boost trade and entice businesses to locate along their long land border. The influx of money is reshaping a region that has suffered from long-running ethnic conflicts. In western Thailand, where the Moei (Thaunggin) river marks the Myanmar border, economists estimate trade at this … Continue reading
The Politicization Of The AMIA Investigation: Pretext For Regime Change In Argentina?
By Mahdi Darius Nazemroaya History has a strange way of replicating itself. Argentina has been going through a process similar to the post-1999 years, after Boris Yeltsin stepped down and Vladimir Putin took his place in the Kremlin as the president of the Russian Federation. While it has been struggling to throw off the foreign … Continue reading
