EMerging Equity
Gas
Syria’s Assad Admits His Troops Struggling To Maintain Control And Announces Army Deserter Amnesty
In a televised speech on Sunday in Damascus, President Bashar al-Assad has vowed to win his country’s long-running civil war. He has acknowledged his troops are struggling to maintain control. The major issue is the lack of manpower. Syrian president also tried to justify why the Syrian army has given up some areas of Syria. Assad said … Continue reading
China Postpones Deal On Russia’s Alati Gas Pipeline Due To Economic Slowdown
The signing of the gas supply contract with China via the Altai pipeline, known as Power of Siberia 2, is being postponed for an indefinite period, Vedomosti newspaper reports. The Russian news agency cited two federal officials explaining that China is reviewing its energy needs due to the economic slowdown. The move is a significant blow to Russia as back … Continue reading
Russia Overtakes China As Most Attractive BRICS Country For Investment
The Russian market has replaced China to become the most attractive BRICS country for investors in 2015, according to Bloomberg. Pricier oil that has rebounded from a six-year low and easing political risks make it the best BRICS investment bet. Analysts polled by Bloomberg say Russian shares are undervalued, by up to a half compared with … Continue reading
Middle East: Oman’s Subsidies To Exceed $7 Billion This Year According To IMF Study
Oman’s total subsidies will touch $7.27 billion this year, the International Monetary Fund (IMF) reports in a study. This is against a subsidy estimate at $4.64 billion for 2015 in the state budget and an actual subsidy of $4.36 billion in 2014, which indicated a fall of 17.11 per cent over the previous year due … Continue reading
The Donut Hole At The Center Of The Arctic Ocean
Originally posted on cryopolitics:
The Donut Hole (and two other small ones to the south) at the center of the Arctic Ocean. On June 4, I wrote about issues surrounding the continental shelf in the Arctic Ocean. June 5 was National Donut Day. So that makes it a better time than ever to talk about the…
Russia’s St. Petersburg International Economic Forum Sees Contracts Worth $5.4 Billion
The number of contracts signed during the International Economic Forum in St. Petersburg in Russia completely refutes the picture of Russia’s economic isolation as 205 deals estimated at $5.4 billion were signed. Let’s look at the numbers closer to get a better overview of the forum. 2015 205 contracts valued at around $5.4 billion vs. 2014 … Continue reading
Greece And Russia Sign Deal On Turkish Stream In The Mist Of The Greek Debt Crisis
On June 2nd, EMerging Equity reported that Greece was planning to sign a document on political support for Gazprom’s Turkish Stream project at the St. Petersburg International Economic Forum. Surprisingly, while struggling with its debt, Greece wanted to allocate $2 billion to support its construction. And … it happened. Russia and Greece have signed a deal to create a joint enterprise for construction … Continue reading
Argentine Minister Of Foreign Relations, Hector Timerman, Challenges Cameron Over Falkland Islands
An Argentine Minister of Foreign Relations , Hector Timerman, has challenged Prime Minister David Cameron over the British claim on the Falkland Islands during a summit in Brussels, RT reports. A Downing Street spokesperson said: “At the dinner, the prime minister robustly defended the Falklands and the islanders’ right to self-determination in response to the … 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
Greece To Invest $2 Billion In Turkish Stream
Greece plans to sign a document on political support for Gazprom’s Turkish Stream project at the St. Petersburg International Economic Forum in June, its Energy Minister announced on Monday. The country plans to invest $2 billion in its construction. A memorandum on political support for the gas pipeline project will be prepared by June 18-20, … Continue reading
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