EMerging Equity
Eurasia
Putin Pushes Ahead With Plan To Integrate CIS Currency Market
Russian President Vladimir Putin has moved one step closer to creating an integrated currency market in the Commonwealth of Independent States (CIS), which is a regional organization whose participating countries are former Soviet Republics, formed after the breakup of the Soviet Union. On Friday, Putin submitted a draft law, named “On Ratification of the Agreement on Cooperation in Organizing … Continue reading
Putin’s Pivot to China: Profit-Free, But Problem-Rich – OpEd
By Pavel K. Baev China will host a huge military parade in Beijing on September 3, and President Vladimir Putin will be in attendance—returning President Xi Jinping’s earlier gesture of Sino-Russian partnership, which the Chinese head of state expressed as the top guest of honor at the parade in Moscow on May 9. Yet, this past … Continue reading
Russia May Help Launch A Trade Corridor With South And North Korea This Week
By Andrew Korybko, Sputnik News This week’s East Russia Economic Forum in Vladivostok has the chance to bring the two Korea’s closer together with Russia. North and South Korea just barely walked back from the brink of war this week, with both deciding instead to enact concessions to the other and set dates for future talks. Although they have drastically different ideologies … Continue reading
Market Meltdown Means More Pain For Oil-Producing Economies
By Zachary Fillingham Supply-side downward price pressure has been the story of global energy prices over the past year: newfound supply from the Shale Revolution, OPEC’s gambit of market-share grabbing inundation, and new supply coming online from Iraq and soon Iran. The result was a plunge in oil prices from $115 in mid-June 2014 to below … Continue reading
Washington’s Financial/Currency War On China: Eclipsing Of The Dollar By The Yuan – OpEd
By Mahdi Darius Nazemroaya The Chinese are in the process of displacing the monopoly of the US dollar. They are dropping their US Treasury bonds, stockpiling gold reserves, and opening regional distribution banks for their own national currency. This will give them easier access to capital markets and insulate them from financial manipulation by Washington and … Continue reading
In Russia, The Auto Industry Is In A Tailspin
By Daniel Schearf Russia’s auto industry appears to be in reverse along with the contracting economy and sliding ruble. At the opening of the International Moscow Automotive Forum this week, a Russian business association representative spoke openly about the crisis facing industry leaders, his concern echoing industry insiders who say the country relies too heavily on … Continue reading
China-Russia Naval Ties And The Balance Of Maritime Power In Asia
By Abhijit Singh One of the more interesting aspects of Asian maritime politics is the Russia-China naval relationship. Both are major maritime powers with considerable stakes in regional security. Like Beijing, Moscow has sought to safeguard its maritime interests in strategically vital spaces in the Asia-Pacific by initiating a military modernisation programme aimed at projecting a … Continue reading
The Military Gambit Behind Putin’s Arctic Ambitions For Russian Oil
By James Henderson The United States Geological Survey has estimated that the Arctic regions contain around 130 billion barrels of liquids and 47 trillion cubic metres of gas, equivalent to 22% of the world’s undiscovered hydrocarbon resources. It is hardly surprising then that all the countries whose coasts encircle the region, the US, Canada, Greenland, Norway … Continue reading
The Ufa Summit: Enlargement Of The Shanghai Co-Operation Organization
The recent summit of the Shanghai Co-operation Organization (SCO) held in the Russian city of Ufa agreed to enlarge the organization. President Putin declared “For the first time since its establishment, we have launched a procedure for admitting new members – India and Pakistan”. By Süreyya Yiğit Documents were signed to begin the accession of … Continue reading
Reshuffling Eurasia’s Energy Deck — Iran, China, and “Pipelineistan”
By Pepe Escobar, Asia Times “Pipelineistan” – the prime Eurasian energy chessboard — never sleeps. Recently, it’s Russia that has scored big on all fronts; two monster gas deals sealed with China last year; the launch of Turk Stream replacing South Stream; and the doubling of Nord Stream to Germany. Now, with the possibility of sanctions on … Continue reading
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