Originally posted on The Monetary Express:
Japan and Oman have taken another bold step in strengthening ties between the two countries by penning a new investment agreement, with the terms of such agreement to come into fruition in the next few months according to Japan’s ambassador to the Sultanate. The objective of the agreement is…
As we move toward the second half of 2015, signs of financial turmoil are appearing all over the globe. By Michael Snyder In Greece, a full blown bank run is happening right now. Approximately 2 billion euros were pulled out of Greek banks in just the past three days, Barclays says that capital controls are … Continue reading
“Tanzania is seeking funding from India to build a metro rail network in its commercial capital, Dar es Salaam, the president’s office said in a statement on Saturday,” Reuters reports. Dar es Salaam (literally “The residence of peace”), formerly Mzizima, is Tanzania’s largest and richest city, the largest city in eastern Africa by population, and is … Continue reading
Argentina is preparing for its up-and-coming presidential election that is set to take place in October, a move which could usher in a new government that is not tarnished in conspiracies and corruption and could actually give blossom to a nation that has endured many years of economic hardship with the bulk of the nation living from paycheck-to-paycheck and … Continue reading
A major oilfield has been discovered in Bolivia which holds up to 28 million barrels of crude and will triple the country’s oil reserves and bring nearly $1.7 billion into the state coffers, Venezuela’s teleSUR news agency reports. The new oilfield — the Boqueron 4 oilfield, located in the Western province of Santa Cruz — is the first new oil discovery in … Continue reading