Frontier Markets

This tag is associated with 146 posts

Qatar Reforms Budget Policy, Pushes Back Fiscal Year End

Qatar’s emir, Sheikh Tamim bin Hamad Al -Thani, issued a law Tuesday on the financial system of the State that will push back the end of fiscal year 2014/2015 for the General State budget to December 31 from March 31, the official Qatar News Agency reports. The new financial system law will also give additional power to the … Continue reading

No Legal Hurdles In Expanding The Shanghai Cooperation Organization (SCO), Secretary General Says

There are no legal hurdles in expanding the Shanghai Cooperation Organization (SCO) and expansion talks will be discussed in the near future with a decision possibly being announced at the summit of SCO and BRICS (Brazil, Russia, India, China and South Africa) in Russia over the summer, the SCO’s Secretary General Dmitry Mezentsev told TASS news agency on … Continue reading

Will Democracy Survive In Nigeria?

By Joseph Benzekri Nigeria’s deadly insurgent group Boko Haram declared its allegiance to ISIS on March 7, following what was reported to be female suicide bombings killing over 50 in Maiduguri. Much like ISIS, the equally nihilistic Boko Haram appears to be edging closer to its own caliphate in northern Nigeria. In light of increasing violence … Continue reading

More De-Dollarization: China’s Global Payment System Ready And Could Launch By September

China’s long-awaited global payment system to process cross-border yuan transactions is ready and could launch as early as September, Reuters reported on Monday, citing sources with direct knowledge of the matter. The launch of the China International Payment System (CIPS) will pave the way for internationalizing the yuan and should greatly increase global usage of the Chinese currency by cutting … Continue reading

Mongolia: The Future Of Eurasia?

By Neil Thompson, Geopolitical Monitor The country of just 2.8 million is encased between her two giant neighbors, Russia to the north and China to the south. For most of the twentieth century Mongolia was, like many Eastern European states, part of the Soviet empire. Then in 1990 the withdrawal of the Soviet military and of Russia’s … Continue reading

BP Says Plans To Invest $12 Billion In Egypt Gas Fields

British energy giant BP said on Friday that it had reached an agreement with its partners to invest around $12 billion on gas fields in Egypt, Reuters reported. The investment will be on the West Nile Delta (WND) in a project aimed at developing 5 trillion cubic feet of gas resources and 55 million barrels of condensates, according to the … Continue reading

China: Its Economic And Geopolitical Eurasian Strategy

By Gulam Asgar Mitha For several decades and centuries, the European and Asian colonial powers fought among themselves for control of foreign lands, cultures (predominantly language and religion) and economic gains resulting in mass killings and two devastating world wars on their soils that ended in the decline of several major world powers and the rise … Continue reading

New EU Energy Union Looks To Break Dependence On Russia

By Alina Yablokova and Global Risk Insights On February 25, the European Commission presented its Energy Union package of proposals, a first major step made by the European legislators to realise the strategy of coordinating the energy policies of the 28 EU member states. Indeed, the European Commission envisages a union that speaks with one voice … Continue reading

The Real Story On Iran, U.S., Russia, And China – OpEd

By Pepe Escobar, Sputnik News The real story is, and will continue to be, how Iran, the key power in Southwest Asia, is about to be positioned in the nonstop complex ballet between the US, Russia and China. That’s one of the key vectors of the New Great Game in Eurasia. The real story was never … Continue reading

India: More On The Union Budget, Participation In NWO Architecture

“Indian Finance Minister Arun Jaitley on Saturday announced a budget that put boosting growth before painful reforms, slowing the pace of fiscal deficit cuts and seeking to put domestic and foreign capital to work,” Reuters reported last week. The Finance Minister said that gross domestic product (GDP) growth would accelerate to between 8 and 8.5 … Continue reading

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