EMerging Equity
transportation
China’s Silk Road Revival Steams Ahead As Cargo Train Arrives In Iran
A long-distance cargo train has traveled from China to Iran as part of an attempted revival of the ancient Silk Road, a trans-Asian trade route connecting the east to Europe and the Mediterranean Sea. The 32-container train, which arrived in Tehran on Monday, took 14 days to complete the 6,462 mile (10,399km) journey from China’s … Continue reading
Retail Apocalypse: 2016 Brings Empty Shelves And Store Closings All Across America
By Michael Snyder Major retailers in the United States are shutting down hundreds of stores, and shoppers are reporting alarmingly bare shelves in many retail locations that are still open all over the country. It appears that the retail apocalypse that made so many headlines in 2015 has gone to an entirely new level as … Continue reading
The U.S. Is At The Center Of The Global Economic Meltdown
By Brandon Smith While the economic implosion progresses this year, there will be considerable misdirection and disinformation as to the true nature of what is taking place. As I have outlined in the past, the masses were so ill informed by the mainstream media during the Great Depression that most people had no idea they were … Continue reading
The Baltic Dry Shipping Index Has Collapsed To An All-Time Record Low
By Michael Snyder I was absolutely stunned to learn that the Baltic Dry Shipping Index had plummeted to a new all-time record low of 504 at one point on Thursday. I have written a number of articles lately about the dramatic slowdown in global trade, but I didn’t realize that things had gotten quite this … Continue reading
Gridlocked Vietnam Looks To Subways To Ease Motorbike Dependence
By Lien Hoang With every new skyscraper and supermarket, Vietnam inches closer to its official goal of becoming a modern nation. But it still lacks one type of transportation that many countries of the world take for granted: a subway system. After years of delays and debates, Vietnam now seems committed to a subway, with construction … Continue reading
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
China’s New Silk Road Initiative Is Credit Positive For Emerging Markets Involved, Moody’s Says
China’s ambitious New Silk Road initiative — that aims to deepen the country’s economic integration with more than 40 countries in Asia, the Middle East, and Europe by creating an unbroken transport and infrastructure network to boost connectivity — is credit positive for the emerging market sovereigns involved, Moody’s Investors Services said on Tuesday. Moody’s says … Continue reading
Nicaragua Canal: Major Project, Major Impact
By Taylor Butch The Nicaraguan canal, once completed, will be deeper, wider, and nearly three times as long as the Panama canal, and this waterway is expected to transform Central America and the surrounding region. Construction of the $50 billion, 172-mile-long waterway that would transport goods between the Pacific Ocean and the Caribbean broke ground on … Continue reading
Flying Blind: Gulf Subsidies Debate Ignores Regional Realities
By Francis Wilson The ongoing debate over the fairness and transparency of state-owned enterprises (SOEs) in the Middle East intensified in March when three of America’s largest airlines entered the fray. In a 55 page white paper released to the public in April, American, Delta, and United attacked what they believed to be the unfair business … Continue reading
Emirates Airline: $913 Million Sukuk Listing in Dubai
“Emirates Airline and Group celebrated the listing of a $913m sukuk (Islamic bonds) in Dubai’s stock market early Wednesday,” Daily News Egypt reports. “The listing brings the total value of Sukuk listed on Dubai’s exchanges to $34.96bn,” the company said in an official statement. The company added that this “reinforces Dubai’s position as an international … Continue reading
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