EMerging Equity
Archive for February 2015
China To Assist Ukraine With $3.6B Loan Amendment
China will amend a $3.6 billion loan agreement with Ukraine that was signed in 2012 to provide the nation with much needed additional funding for various projects in the nation’s energy sector, RT reports. According to a statement released on Thursday, The National Bank of China has agreed to extend a loan for a range of projects with Ukraine’s cash-strapped Naftogaz. … Continue reading
Vladimir Putin: Meeting With President Of The French Senate Gerard Larcher
Vladimir Putin met with President of the Senate of France Gerard Larcher at his Novo-Ogaryovo residence outside Moscow. By The Kremlin PRESIDENT OF RUSSIA VLADIMIR PUTIN: Good afternoon, Mr Larcher, friends. We are very happy to see you here. It is a pleasure to see that relations between France and Russia, particularly thanks to our … Continue reading
Fiscal Impact Of Lower Oil Prices On Latin America And The Caribbean
The plunge in world oil prices—from $105 to about $50 per barrel since mid-2014—has been a boon for oil-importing countries, while presenting challenges for oil exporters. By Robert Rennhack and Fabián Valencia In general, oil importers will enjoy faster growth, lower inflation, and stronger external positions, and most will not encounter any significant fiscal pressures. … Continue reading
Mark Mobius: Monetary Policy Matters
This year we expect the divergence in monetary policy among the world’s central banks to be a key theme and a likely driver of asset flows. By Templeton Emerging Markets Group For now, the scorecard seems to be tilted toward monetary easing since in the first month of 2015 alone, 14 central banks engaged in some … Continue reading
The Odds Of A War Between Israel And Iran Just Went Way Up – OpEd
Uh oh – Iran just got caught with both hands in the cookie jar. It turns out that even while Iran has been negotiating a “historic peace deal” with the western world, it has been secretly operating a huge underground nuclear enrichment site that it didn’t tell anyone about. By Michael Snyder But this is … Continue reading
Shanghai Free Trade Zone Experiment: A Major Step Towards Financial Liberalisation
By Daqing Yao and John Whalley Since September 2013 China has been operating a new form of free trade zone (FTZ) based in a small area of Shanghai, called the China (Shanghai) Pilot Free Trade Zone (SPFTZ). Only 28 square kilometres in area, the SPFTZ is a concrete first step to China’s new development model, the … Continue reading
India: A “Bright Spot” Among Asian Countries, S&P Says
India is the Asia-Pacific region’s “bright spot” during a time when other major Asian economies are likely to see sluggish growth, Standard & Poor’s (S&P) Ratings services says. S&P, bullish on India, has raised their forecasts for the growth of the nation’s gross domestic product (GDP) to 7.9% in the fiscal year ending March 2016, revised up from … Continue reading
The Decade Ahead According To Stratfor: EU Decay, Disintegration Of Russia, And The Communist Dictatorship Of China
U.S. think-tank Stratfor has recently released its new “Decade Forecast: 2015-2025” where it warns that the EU will decay, China will end up in “a communist dictatorship,” and Russia will disintegrate. In the report, Stratfor says there are several key trends that have emerged. Here is recap of what they are forecasting: * The European Union (EU) has … Continue reading
Aided By Corruption, Ex-Yemeni President Saleh May Have Netted Up To $64B During 33 Year Rule
Amidst a raft of allegations of political manipulation, including aiding the overthrow of Yemen’s government last month, a report presented to the United Nations Security council on Tuesday said that Yemen’s former president, Ali Abdullah Saleh, has amassed a personal fortune of up to $64 billion. The report — quoting unnamed government sources and was compiled by a panel of … Continue reading
Argentina Rolls Out New Controversial 50-Peso Bill Depicting Disputed Falkland Islands
Argentina’s Central Bank will roll out a newly designed controversial 50-peso bill which features a map of the disputed Falkland Islands, also know as the Islas Malvinas in Argentina, a British overseas territory which Buenos Aires claims sovereignty over. Argentine president Cristina Kirchner announced the creation of the newly designed 50-peso note last April during a ceremony marking the 32nd … Continue reading
