EMerging Equity
Middle East
Egypt’s New Suez Canal Conjoins China’s New Silk Road
Egypt’s new Suez Canal officially opened on Thursday and is set to pave for stronger cooperation between China-Egypt and benefit regional and global trade in addition to conjoining with China’s New Silk Road initiative. China’s Silk Road Economic Belt and the 21st-Century Maritime Silk Road, known as the Belt and Road initiatives — and also known as the New Silk Road which was proposed by Chinese … Continue reading
Russia Is Taking The Middle East From The USA
A number of recent major international developments suggests that Washington has recognized Moscow as an equal partner. US officials sat down at the negotiating table with their Russian counterparts. This is evidenced by the statement from the chief of the Russian Airborne Troops about possible assistance to Syria. What are they negotiating? Western sources say … Continue reading
Saudi Arabia To Raise $27 Billion In Bonds Trying To Balance The Budget Due To Decline In Oil Prices
Saudi Arabia plans to raise $27 billion on the bond market by the end of 2015, according to the Financial Times. The country needs a $106 per barrel crude price to balance the budget. The bond sale is an attempt to mitigate the 47 percent decline in oil. Riyadh is planning to issue $5.3 billion in bonds … Continue reading
Without Iran Deal, There Will Be Another War In The Middle East – Obama
President Barack Obama has warned that without the Iran nuclear deal, there will be another war in the Middle East. He said that those who voted for the War in Iraq are now opposing diplomacy with Iran. Many of the same people who argued for the war in Iraq are now making the case against … Continue reading
As Oil Declines, The UAE Is The Safest Bet In The Middle East
While the stalemate against the Islamic State, or ISIS, sits just a few hundred miles away and oil receipts dropping by the day, the glittering skyscrapers and perennially superlative-laced cities of the United Arab Emirates are filled with citizens and expatriates sitting by brand-new pools, sipping cocktails, and checking their swelling bank accounts. Even these … Continue reading
The Iran Obsession – What Ails The Kingdom Of Saud?
Just as the international community embraces the prodigal Iran back into the fold, Saudi Arabia is trying to reverse the return to grace of its nemesis. Intent on protecting its legacy, is there anything the kingdom won’t do to paint Iran as the enemy? By Catherine Shakdam The grand hegemon of the Middle East, Saudi … Continue reading
China’s New Silk Road: The Economic And Geopolitical Consequences
By Global Europe Anticipation Bulletin (GEAB) Historians will remember that Chinese President Xi Jinping officially launched the new “Silk Road” with a 30 minute speech at the Boao Economic Conference on Hainan Island the 28 March 2015, in front of 16 heads of State or government and 100 or so ministers from the 65 countries which … Continue reading
Will Sisi Succeed In Tackling Egypt’s Subsidies?
By David Wille To make Egypt a more attractive home for investment, President Sisi made tackling unsustainable food and energy subsidies a top priority. A year later, it is still unclear whether Sisi’s government can follow through on reforms that have stymied leaders for decades. As Egypt’s leaders struggle to bring the country’s finances under … Continue reading
New Silk Road: China And The Economic Integration Of Europe And Asia
By Chas Freeman China’s “The Silk Road Economic Belt” and the “21st Century Maritime Silk Road,” or officially called the “one belt, one road” project aims to bring into being a new economic order on the Eurasian landmass. Everything from the Atlantic to the Pacific is to be connected through hyper-efficient infrastructure and new institutional linkages. … Continue reading
BP, Total Writing Off Oil Assets In Libya Because Of The Continuous Conflict
Originally posted on Eyes on Europe & Middle East News:
Libya has become a major headache for European oil companies as a four-year conflict forced BP to join Total in writing off millions of dollars in investments in the North African country. BP on Tuesday the 28th of July said it had taken an impairment…
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