EMerging Equity
Archive for February 2015
Russian Oil: First Winter Shipment Heads To Europe Through The New Northern Sea Route Across The Frozen Arctic
“History has been made after the first winter oil shipment from Russia over the roof of the world left for Europe. The 16,000 tonnes of Novy Port oil set off from Yamal on board tankers that will be the first to navigate through the new Northern Sea Route across the Arctic” The Siberian Times reported. … Continue reading
What The BRICS And Germany Are Really Up To – OpEd
By Pepe Escobar Winston Churchill once said, “I feel lonely without a war.” He also badly missed the loss of empire. Churchill’s successor – the ‘Empire of Chaos’ – now faces the same quandary. Some wars – as in Ukraine, by proxy – are not going so well. And the loss of empire increasingly manifests itself … Continue reading
“India About To Takeoff” As 2015-16 GDP Seen Between 8% to 8.5% – India’s 2015 Budget Recap
India is “about to takeoff” with economic growth seen around 8 to 8.5% in the fiscal year that is about to start in April, and as aiming for double-digit economic growth now seems feasible, according to India’s Finance Minister Arun Jaitley, Reuters reports. Jaitley, presenting the Indian government’s full-year budget on Saturday in Parliament, announced a budget that … Continue reading
India Proposes Monetizing Gold, Introducing Sovereign Gold Bond
India’s Finance Minister, Arun Jaitley, on Saturday proposed that India introduce a scheme to monetize gold and introduce a sovereign gold bond. The proposal came while presenting the Indian government’s full-year budget on Saturday in Parliament. Jaitley proposed that the government introduce a Gold Monetization Scheme, which included rolling out Indian gold coins and sovereign gold bonds, in an … Continue reading
Russia Says Will Boost Military-Technical Ties With Iran After Sanctions Lifted
Russia says it will boost military-technical cooperation with Iran once international arms embargo on Tehran are lifted following successful talks on the Iranian nuclear deal, Russia’s Deputy Foreign Minister Sergei Ryabkov said on Friday, Sputnik news reports. “Following the cancellation of the arms embargo, this cooperation will be implemented and will grow in time,” Ryabkov told reporters in Moscow, adding that there were prospects for … Continue reading
BRICs Strategic Cooperation Roadmap A Top Priority For Russia’s Presidency, Top Lawmaker Says
Transforming the grouping of emerging market nations known as the ‘BRICs’ — which comprises of Brazil, Russia, India, China, and South Africa — into “a full-scale mechanism of strategic cooperation in global policy and economics” will be a top priority for Russia’s presidency of the group this year, the leader of Russia’s parliamentary lower house said on Friday, TASS reports. Sergey … Continue reading
Levada Center: 86% Of Russians Support Putin’s Policies Despite Sanctions Dragging The Country Into Recession
“The number of Russian citizens who support Russian President Vladimir Putin has risen to 86 percent, while a month ago it was 85 percent, according to the results of a survey carried out by the Levada Center, an independent Russian polling and sociological research organization” Ukraine Today reported. Poll date: February 2015 Number of questioned people: 1,600 … Continue reading
Damascus: Syria And Russia Discuss Boosting Economic Cooperation
“Primer Wael al-Halaqi discussed with Russian Ambassador in Damascus Alexander Kinschaka ways to activate the agreements signed between Syria and Russia” Syrian Arab News Agency (SANA) said. During the meeting which took place on Thursday, February 26th, the two nations discussed signing new agreements covering the following areas: electric power, drinking water, higher education, transport, … Continue reading
Saudi Arabia: Middle East Investors Bullish On Equities As Oil Prices Appear To Be Stabilising
“Middle East funds are increasingly positive toward Saudi Arabia’s stock market as oil prices appear to be stabilising and the kingdom is preparing to open its bourse to direct foreign investment, a Reuters survey of regional asset managers shows” according to Arab News. So far this year, Saudi Arabia has outperformed all other major stock exchanges in … Continue reading
Greece Warns That It May Default On IMF Loan Next Week, Kathimerini Says
According to a report from Greece’s Kathimerini, Greece has warned that it may default on payment of its loan from the International Monetary Fund (IMF). According to the report from Kathimerini, Greek State Minister for Coordinating Government Operations, Alekos Flambouraris raised concerns that Greece “might delay payment to the International Monetary Fund if it cannot find the necessary money.” Greece is due … Continue reading
