EMerging Equity
Tajikistan
Putin Pushes Ahead With Plan To Integrate CIS Currency Market
Russian President Vladimir Putin has moved one step closer to creating an integrated currency market in the Commonwealth of Independent States (CIS), which is a regional organization whose participating countries are former Soviet Republics, formed after the breakup of the Soviet Union. On Friday, Putin submitted a draft law, named “On Ratification of the Agreement on Cooperation in Organizing … Continue reading
Emerging Market Currencies Perfectly Positioned To Crash Following The Devaluation Events in China, Vietnam And Kazakhstan
Kazakhstan’s currency fell by a record 23% in trade on Thursday, August 20th, after the country abandoned control of its exchange rate, as it became the latest emerging market to scrap efforts to prop up its currency before the U.S. Federal Reserve hikes interest rates. Vietnam’s Central bank has devalued the nation’s currency on Wednesday, August 19th, for the … Continue reading
The Ufa Summit: Enlargement Of The Shanghai Co-Operation Organization
The recent summit of the Shanghai Co-operation Organization (SCO) held in the Russian city of Ufa agreed to enlarge the organization. President Putin declared “For the first time since its establishment, we have launched a procedure for admitting new members – India and Pakistan”. By Süreyya Yiğit Documents were signed to begin the accession of … Continue reading
In Eurasia, Devaluation Is First Line Of Defence
By Chris Weafer, Macro Advisory Russia is not the only economy suffering from the combination of the oil price collapse and sanctions; most of the countries in the Commonwealth of Independent States (CIS) are also feeling the pain. For some it is because they have also waited far too long to start diversifying away from … Continue reading
No Legal Hurdles In Expanding The Shanghai Cooperation Organization (SCO), Secretary General Says
There are no legal hurdles in expanding the Shanghai Cooperation Organization (SCO) and expansion talks will be discussed in the near future with a decision possibly being announced at the summit of SCO and BRICS (Brazil, Russia, India, China and South Africa) in Russia over the summer, the SCO’s Secretary General Dmitry Mezentsev told TASS news agency on … Continue reading
China: Its Economic And Geopolitical Eurasian Strategy
By Gulam Asgar Mitha For several decades and centuries, the European and Asian colonial powers fought among themselves for control of foreign lands, cultures (predominantly language and religion) and economic gains resulting in mass killings and two devastating world wars on their soils that ended in the decline of several major world powers and the rise … Continue reading
Russia Says Will Push For India’s Full Membership In The Shanghai Cooperation Organization
Moscow will make every effort to ensure India gets full membership in the Shanghai Cooperation Organization (SCO) at the upcoming SCO summit in Russia’s southern city of Ufa, Sergey Naryshkin, Chairman of the Russian State Duma said following a meeting with the heads of both chambers of the Indian Parliament in New Delhi last week, Indian newspaper The Hindu reported. “India is playing an active role … Continue reading
Syria Applies For Observer Status At The Shanghai Cooperation Organization (SCO)
Syria has filed an application for an observer status at the Shanghai Cooperation Organization (SCO), Russian Presidential Envoy for SCO Affairs and Director of the Foreign Ministry’s Department for Asian and Pacific Cooperation Bakhtier Khakimov said on Friday, TASS reports. “The issue of the Organization’s expansion is a topic we are currently working on,” the … Continue reading
Kazakhstan And The Emerging Market Gold Rush
By Paolo Sorbello Kazakhstan produces around 22 tons of gold each year, a figure comparable to neighboring Kyrgyzstan (18 tons), but only a quarter of Uzbekistan’s production (92 tons). Gold is not a major feature of Kazakhstan’s mining industry, which is dominated by chromium, copper, zinc, and uranium, but it is becoming a key asset … Continue reading
The Case For Bringing Syria Into The Shanghai Cooperation Organisation (SCO)
By Andrew Korybko Syria is ground-zero in the battle between the Resistant & Defiant (R&D) multipolar states and the unipolar world, and the resolution of the conflict would therefore have enormous implications for both sides. Thus far, however, the only R&D states that have been offering substantial support to Damascus in its war on terror have … Continue reading
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