EMerging Equity
Archive for June 3, 2015
India’s Gas Output To Rise 60% By 2019, But Not Enough To Meet Domestic Demand
India’s natural gas output is forecast to increase by about 60 percent by 2019, however this will not be enough to meet domestic demand, according to an annual report published by the oil ministry, The Economic Times reports. Despite the forecast for a 60 percent surge in natural gas output in the next four years, this will only be sufficient … Continue reading
Russia: Losing The 2018 World Cup Could Have A Positive Impact On The Economy
Russia’s plan of hosting the 2018 FIFA World Cup could be in jeopardy after the president of soccer’s international governing body, Joseph “Sepp” Blatter, announced on Tuesday that he would resign. “Bank of America Merrill Lynch’s Vladimir Osakovskiy estimated that the total cost of the event would pump around $50 billion in to the economy,” Business Insider reports. The … Continue reading
When Is Repaying Public Debt Not Of The Essence?
Financial bailouts, stimulus spending, and lower revenues during the Great Recession have resulted in some of the highest public debt ratios seen in advanced economies in the past forty years. Recent debates have centered on the pace at which to pay down this debt, with few questions being asked about whether the debt needs to … Continue reading
Oman May Invest $7 Billion In Indonesia’s Oil And Gas Industry
Indonesia’s Energy and Mineral Resources Minister Sudirman Said said that Omani investors may invest up to $7 billion in oil and gas projects in the country, the Jakarta Globe reports. According to the report, the minister says that a number of investors from Oman have expressed interests in developing oil and gas tanks, a refinery, … Continue reading
Emirates Airline: $913 Million Sukuk Listing in Dubai
“Emirates Airline and Group celebrated the listing of a $913m sukuk (Islamic bonds) in Dubai’s stock market early Wednesday,” Daily News Egypt reports. “The listing brings the total value of Sukuk listed on Dubai’s exchanges to $34.96bn,” the company said in an official statement. The company added that this “reinforces Dubai’s position as an international … Continue reading
Iran Planning Gas Delivery To EU Once Sanctions Lifted : 5-6 Routes On The Radar Screen
“Tehran is considering several gas delivery routes to Europe after Western sanctions on the country are lifted,” RT reports. “Iran is considering several routes to deliver gas to Europe, possibly around five or six routes,” Azizollah Ramezani, head of the National Iranian Gas Company’s liaison office told RIA Novosti news agency on Wednesday. According to … Continue reading
Saudi Arabia To Increase Military Budget By 27 Percent By 2020
“Saudi Arabia is on track to become the world’s fifth-largest military spender by 2020 as it boosts its defence budget by 27 percent over the next five years despite lower oil prices,” Simeon Kerr, Financial Times correspondent reports from Dubai. Saudi Arabia aggressively continues to increase its military spending and despite the recent heavy oil price crunch it … Continue reading
Greece: The Struggle For An Honourable Compromise Is Far From Over
“Greece’s economy will barely grow this month, and unemployment will be even higher than previously feared,” The Guardian reports. That’s according to new forecasts from the Organisation for Economic Co-operation and Development this morning. The OECD has adjusted its expectations downwards, given the events of recent months, The Guardian noted. Greece has the highest unemployment … Continue reading
Ahead Of MSCI’s Decision On Including China’s A Shares, Vanguard And FTSE Gear Up
Ahead of the highly awaited decision by global equity index provider MSCI on whether to include shares from mainland China’s multi-trillion stock market — or A shares — to its emerging markets index, Vanguard Group — the largest U.S. mutual fund firm — has decided that it will add mainland Chinese shares to its $69 billion emerging-market fund. The endorsement of China’s domestic … Continue reading
As Blatter Resigns, Qatar’s 2022 World Cup Bid In Jeopardy, Odds Slashed
Qatar’s plan of hosting the 2022 FIFA World Cup could be in jeopardy after the president of soccer’s international governing body, Joseph “Sepp” Blatter, announced on Tuesday that he would resign. According to U.K. bookmaker William Hill, the odds on Qatar losing the rights to the most-watched sporting event in the world were slashed to 5-4 from 5-1 on … Continue reading
Follow Us On Social Media
