EMerging Equity
Political Risk
Venezuela’s Largest Brewery Halts Production As Economy Sinks Deeper Into The Abyss
As the crisis in Venezuela deepens, its largest brew maker has suspended the production of beer and other malt beverages on Friday amid a spat with the government over the access to foreign currency. Cervecería Polar, Venezuela’s largest private company and largest beer maker, with over 70 years in operation, had warned that it would end production as the socialist government was refusing … Continue reading
The “Empire Of Chaos” Strikes Back Against Brazil, Russia, And China
By Pepe Escobar Soon after the impeachment motion against President Dilma Rousseff was approved in the Brazilian Congress by what I chose to call Hybrid War hyenas, President-in-Waiting Michel “Brutus” Temer, one of the coup’s articulators, dispatched a senator to Washington as special paperboy to deliver the news on the coup in progress. The senator in question … Continue reading
As Crisis Deepens In Venezuela, Govt Declares Five-Day Weekends In Desperate Attempt To Save Energy
First it was the three-day weekend; now it’s the two-day working week. Crippled by drought, Venezuela’s government has taken drastic measures as water levels at the country’s largest hydroelectric dam plunge to critical levels. At the beginning of April, the Socialist president, Nicolás Maduro, decreed Fridays non-working days for public sector staff, and on Monday … Continue reading
Copper Proves A Rocky Road For Zambia
By John Filitz The town of Luanshya, situated on Zambia’s copperbelt, serves as a bellwether for the country’s economy. However, political developments in Zambia are causing significant uncertainties in the copper industry. With a sustained annual GDP growth rate above 6%, driven primarily by copper, the past decade has been tumultuous for Luanshya. Founded as … Continue reading
World War III Has Begun: Paul Craig Roberts
By Paul Craig Roberts The Third World War is currently being fought. How long before it moves into its hot stage? Washington is currently conducting economic and propaganda warfare against four members of the five bloc group of countries known as BRICS – Brazil, Russia, India, China, and South Africa. Brazil and South Africa are being … Continue reading
Washington Launches Its Attack Against BRICS
By Paul Craig Roberts Having removed the reformist President of Argentina, Cristina Fernandez de Kirchner, Washington is now disposing of the reformist President of Brazil, Dilma Rousseff. Washington used a federal judge to order Argentina to sacrifice its debt restructuring program in order to pay US vulture funds the full value of defaulted Argentine bonds that … Continue reading
Brazil’s Rousseff To Take Fight Against Impeachment To The UN
Brazil’s beleaguered Dilma Rousseff has changed her plans and will attend a UN event on Friday in New York to make her case against an impeachment process that could remove her from office within weeks, her office said. The Brazilian president lost a crucial vote in the lower house of congress on Sunday and faces … Continue reading
The Implosion Of The House Of Saud
By Pepe Escobar The Panama Papers psyops revealed that – ailing – King Salman of Saudi Arabia is among a roast of notorious offshore profiteers “in relation” to “associates”. The House of Saud used British Virgin Islands shell companies to take out at least $34 million in mortgages for lavish houses in London and “a luxury yacht the size … Continue reading
If Dilma Rousseff Is Impeached, Brazil Faces Years Of Political Turmoil
By Marieke Riethof The lower house of Brazil’s National Congress has voted overwhelmingly to impeach President Dilma Rousseff for allegedly covering up the scale of the country’s budget deficit, sending the case to the upper house. As the vote was taken, anti-government demonstrations on the Avenida Paulista and outside the congress held aloft a giant inflatable … Continue reading
Emerging Markets: What Has Changed This Week?
By Marc Chandler, Marc to Market Blog Bank Indonesia will use the 7-day reverse repo rate as its new benchmark policy rate The ruling party in South Korea unexpectedly lost parliamentary elections The Monetary Authority of Singapore eased monetary policy to recession settings Turkey has nominated its next central bank chief The Brazilian special lower house committee … Continue reading
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