EMerging Equity
Archive for February 3, 2015
Boosting Solar Energy Capacity in Africa – IFC (World Bank Group)
Sub-Saharan Africa is rich in energy resources but its potential remains mostly untapped. Despite the abundance of sunlight, solar projects have been developed slowly and often inefficiently. Weak competition and high transaction costs are some of the obstacles that hamper the progress of the technology. In a continent where most people live without electricity, expanding … Continue reading
Kyrgyzstan Hopes For FDI Bonanza After Joining EEU
By Jacopo Dettoni in Almaty BNE Kyrgyzstan, which up to now has a poor track record for attracting foreign investors, hopes entry into the Russian-led Eurasian Economic Union (EEU) in May will lead to a FDI bonanza, but analysts are sceptical that the expectations are realistic. The EEU, alongside a liberal tax system, give Kyrgyzstan the … Continue reading
The Sanctions Of Mass Destruction – Fueled By Petrodollars – OpEd
By Garikai Chengu Under the late King Abdullah, Saudi Arabia played a role most treacherous in world affairs: its oil fueled U.S. militarism and its money funded Islamic extremists. Saudi Arabia is perhaps the greatest inherent contradiction of U.S. foreign policy. Prior to the 20th century, the value of money was tied to gold. When … Continue reading
Thai Airways To Suspend Flights To Moscow Until Economy Improves
The Thai Airways airline company will suspend flights from Bangkok to Moscow as of March 29, 2015, a source from the Moscow office of Thai Airways said in an official statement which came to TASS on Tuesday. Thai Airways said that despite continuing interest in vacationing in Southeast Asia, which remains stable in Russia, Thai … Continue reading
Barack Obama Says That What America Really Needs Is Lots More Debt – OpEd
By Michael Snyder When it comes to taking a chainsaw to the future of America, nobody seems more eager than Barack Obama. Despite the fact that the U.S. national debt is on pace to approximately double during his eight years in the White House, he has just proposed a budget that would take government spending … Continue reading
How Long Can Gulf Nations Endure Low Oil Prices?
By Jennifer Hunt University of Sydney In his first royal decree, Saudi Arabia’s newly crowned King Salman announced two-month bonuses for state employees, pensioners, students, and recipients of social service programs (that is, everyone in the country with a Saudi passport). It adds billions of dollars’ worth of spending to a budget already hit hard … Continue reading
Venezuela: Headed For Reform Or Revolt?
By Oliver Sheldon Venezuela is in recession and experiencing one of the highest rates of inflation in the world. Its economy contracted by 2.8 percent in 2014, with inflation now running at 64 percent. World oil prices have fallen to below $50 a barrel, with Venezuela hit especially hard due to the lower price its … Continue reading
Global De-Dollarization And U.S. Policies
By Vladimir Odintsov In its quest for world domination, which the White House has been pursuing for more than a century, it relied on two primary tools: the US dollar and military might. In order to prevent Washington from establishing complete global hegemony, certain countries have recently been revising their positions towards these two elements … Continue reading
