EMerging Equity
Economic Ties
What Should Investors Expect From Cuba’s Economy? — An Interview With Robert Abad
Ahead of U.S. President Barack Obama’s historic trip to Cuba — which will be the first visit by a sitting U.S. president in 88 years — there are several major companies that are scrambling to negotiate deals to operate in the small island economy. Such names as AT&T, Starwood Hotels, and Marriot have already expressed interest in doing business in Cuba. Other companies that have expressed interested include Delta, … Continue reading
India, Pakistan Upgraded To Members Of The Shanghai Cooperation Organization (SCO)
The Shanghai Cooperation Organization (SCO) has decided to upgrade India and Pakistan to full members of the regional security bloc led by China and Russia. The Shanghai Cooperation Organization (SCO) has decided to upgrade India and Pakistan to full members of the regional security bloc led by China and Russia. The SCO said that the invitation to the two Asian nations brings forth the evolution of … Continue reading
Why India Should Join China’s Maritime Silk Road
By Geethanjali Nataraj Chinese President Xi Jinping proposed the concept of the Maritime Silk Road (MSR) — now a part of the One Belt, One Road initiative — during his visit to Indonesia in October 2013. The MSR is an attempt to promote economic cooperation and connectivity by reviving the ancient maritime Silk Road trading … Continue reading
BRICS Bank To Be Operational By End Of 2015, South African Finance Ministry Says
The BRICS grouping of emerging market nations — Brazil, Russia, India, China, and South Africa — will see their own $100 billion development bank, The New Development Bank (NDB), also known as the BRICS bank, in operation by the end of 2015, South Africa’s Finance Ministry said on Friday. “The New Development Bank is expected to be operational … Continue reading
Vladimir Putin On The Global Economy, Geopolitics, And Russia-Europe Relations
Russian President Vladimir Putin took part in the plenary session of the 19th St Petersburg International Economic Forum on June 19, below is a transcript of his speech courtesy of the Kremlin: President of Russia Vladimir Putin: Good afternoon, ladies and gentlemen, friends, It is a pleasure to welcome you all to this International Economic Forum in St Petersburg, a city which throughout its history has always been … Continue reading
India’s Modi Turns The Tables On China
India’s Prime Minister Narendra Modi, in office for just a year, approaches China with new confidence. During a visit to China, the prime minister was candid about India’s strategic distrust and its determination to build new ties with other powers including the United States, Japan and Australia. Border disputes are a major obstacle for the … Continue reading
Pakistan, India (And Possibly Iran) Said To Be Upgraded To Members Of The Shanghai Cooperation Organization (SCO)
The Shanghai Cooperation Organization (SCO) Council of Foreign Ministers has decided to upgrade the status of India and Pakistan in the bloc from observers to members, which is set to be finalized during the SCO and BRICs summit in July, Russia’s Sputnik news reported on Thursday, citing Pakistan’s ambassador to Russia. The news, although not yet made official, … Continue reading
BRICs Trample U.S. In South America
By Pepe Escobar It started in April with a rash of deals between Argentina and Russia during President Cristina Kirchner’s visit to Moscow. And it continues with a $53 billion investment bang as Chinese Premier Li Keqiang visits Brazil during the first stop of yet another South American commercial offensive – complete with a sweet metaphor: … Continue reading
Chinese Investment In Russia Could More Than Double In 5 Years
China could more than double its investment into the Russian economy to $10 billion within 5 years if conditions are favorable, according to the Deputy Secretary-General of the China Overseas Development Association He Zhenwei, Russia’s TASS News Agency reports. “Chinese investments abroad currently amount to $140 billion, with about $4 billion investment into Russia. This can be … Continue reading
India Provides $1 Billion Credit Line To Mongolia, Upgrades Relationship To Strategic Partnership
Indian Prime Minister Narendra Modi on Sunday announced a $1 billion line of credit to Mongolia in addition to upgrading the relationship of the two countries from comprehensive to “strategic partnership”. India will provide Mongolia with a $1 billion line of credit to help the nation fund railway, power, and other infrastructure projects, a much-needed boost for the east-central … Continue reading
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