EMerging Equity
Archive for June 4, 2015
Russia May Soon Sell Its Debt In Yuan
Russia is considering issuing debt in Chinese yuan in the coming years, which will facilitate Russian corporate borrowers’ access to the Chinese market, Russia’s Deputy Finance Minister Sergei Storchak said. “In general, study of the Chinese market’s opportunities is currently underway,” Storchak told journalists on Wednesday. The yuan bond issues could happen in the coming … Continue reading
Investors Start To Panic As A Global Bond Market Crash Begins
Is the financial collapse that so many are expecting in the second half of 2015 already starting? By Michael Snyder Many have believed that we would see bonds crash before the stock market crashes, and that is precisely what is happening right now. Since mid-April, the yield on 10 year German bonds has shot up … Continue reading
Ukraine’s Poroshenko Warns Of ‘Colossal Threat’
Ukraine’s president has warned his country there is a “colossal threat” that large-scale fighting could resume in the east, and said the military should be prepared to defend Ukraine against a possible invasion along its border with Russia. Petro Poroshenko spoke in an annual address to parliament on June 4, a day after the heaviest … Continue reading
BRICs Summit In Ufa To Unite Members For Development, Security
“The upcoming BRICs and the Shanghai Cooperation Organization (SCO) summits would unite countries for development, peace and security of the region and world, visiting Chinese Foreign Minister Wang Yi said here [Moscow] Wednesday,” Xinhuanet reports. During the meeting in Moscow with Sergei Lavrov, Russian FM, Mr Wang expressed his full support for the two summits … Continue reading
IMF Says Argentina’s Economic Data Remains Flawed, Extends Review For A Year
Argentina has failed to take the necessary steps in order to bring the quality of its economic statistics in line with global standards, the International Monetary Fund’s (IMF) board said on Wednesday, adding that it will extend Argentina’s review process by one year. The IMF, which requires accurate data to analyze the world’s economies, had censured Argentina in 2013 … Continue reading
Poland: Russia’s Most Dangerous Opponent In Europe
“Moscow’s “blacklist” of European political figures who now will be denied entrance to the Russian Federation suggests that in the view of the Kremlin, Poland is Russia’s “most dangerous opponent” in Europe ,” according to Andrey Illarionov,” Euromaidan Press reports. The blacklist was revealed by Russia to European diplomats last week. It included past and … Continue reading
Russia In “Full-Blown Crisis,” Comparable To 2009 Crisis, Ex-Finance Minister Says
Russia’s former Finance Minister Alexei Kudrin, a long-time ally of President Vladimir Putin, says the Russian economy is in a “full-blown crisis” — comparable to the 2009 crisis — and warns that the nation will endure a longer recession than is forecasted by the government. Kudrin, during an address on Wednesday to the Federation Council upper house … Continue reading
Libya ‘At The Limit,’ Risks Becoming Failed State: UN Envoy
The UN’s Libya envoy warned rival sides attending new peace talks on Wednesday that the North African “country really is at the limit” and risks becoming a failed state. UN Support Mission in Libya chief Bernardino Leon urged those attending the peace talks to acknowledge their common interests, particularly their fight against the Islamic State (IS), and … Continue reading
Russia, India Inch Closer To $40 Billion Gas Pipeline
Moscow and New Delhi are discussing preparations for the construction of a pipeline to deliver Russian natural gas to India to help the South Asian nation meet is growing energy needs and avoid an energy crisis. Russian Energy Minister Alexander Novak said on Wednesday that he discussed the construction of the gas pipeline with India’s minister of oil … Continue reading
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