Archive for June 7, 2015

India: SunEdison To Invest $15 Billion By 2022

Posted by ETFalpha ⋅ June 7, 2015 ⋅ Leave a comment

“SunEdison* plans to invest $15 billion in India by 2022, a top executive said, as the renewable-energy company seeks to deepen in its foothold in a country where power producers have struggled to meet demand,” MarketWatch reports. “We believe much of the growth in renewable energy in the next 15 years will be from emerging … Continue reading →

Russia, Qatar May Lose Rights To Host World Cup If Evidence Of Bribery Found

Posted by EM_Equity ⋅ June 7, 2015 ⋅ Leave a comment

Russia and Qatar could be stripped of their rights to host the World Cup if evidence of bribery in the bidding process is found, said Domenico Scala, the independent chairman of FIFA’s audit and compliance committee, during an interview published on Sunday by Swiss newspaper Sonntagszeitung. Both countries have denied any wrongdoing in their bidding processes and Scala … Continue reading →

Africa To Launch A Cairo-To-Cape Town Free Trade Area That Is Bigger Than The European Union

Posted by ETFalpha ⋅ June 7, 2015 ⋅ 2 Comments

“Africa’s three major regional economic committees (RECs) are set to finalise an agreement on forming the continent’s largest free trade area (FTA) during a tripartite summit taking place 7-10 June in Egypt’s Sharm El-Sheikh,” Ahram Online reports. “The tripartite grouping, which accounts for 51 percent of Africa’s $2.3 trillion GDP, will sign a deal Wednesday to … Continue reading →