EMerging Equity
sovereign
China’s Reclamations Roil South China Sea
By James Borton The South China Sea remains at the epicenter of one of the most volatile maritime areas in the world with little or no agreement on sovereignty claims to ownership of atolls, submerged banks, islands, reefs and rocks. Yet South China Sea fishermen, marine biologists and policy shapers agree that without an end to … Continue reading
Argentina Rolls Out New Controversial 50-Peso Bill Depicting Disputed Falkland Islands
Argentina’s Central Bank will roll out a newly designed controversial 50-peso bill which features a map of the disputed Falkland Islands, also know as the Islas Malvinas in Argentina, a British overseas territory which Buenos Aires claims sovereignty over. Argentine president Cristina Kirchner announced the creation of the newly designed 50-peso note last April during a ceremony marking the 32nd … Continue reading
The Sanctions Of Mass Destruction – Fueled By Petrodollars – OpEd
By Garikai Chengu Under the late King Abdullah, Saudi Arabia played a role most treacherous in world affairs: its oil fueled U.S. militarism and its money funded Islamic extremists. Saudi Arabia is perhaps the greatest inherent contradiction of U.S. foreign policy. Prior to the 20th century, the value of money was tied to gold. When … Continue reading
The Slow Death Of The Petrodollar
By Daily Kos Blog It’s hard to figure out the state of the dollar these days. On one hand it is strengthening so quickly that it threatens to hurt exports, and there is even talk of a bubble. The market is so hungry for the safety and liquidity of Treasuries that interest rates are being crushed to … Continue reading
Russian PM Vows ‘Unrestricted’ Response If Banned From SWIFT International Payment System
Russia’s response to a possible cut-off from the SWIFT international banking payment system will be “unrestricted,” Prime Minister Dmitry Medvedev vowed. The West is pushing for hitting Moscow with more sanctions as the Ukraine crisis deteriorates. “We will see what happens, but of course if such decisions are made, I want to note that our … Continue reading
‘Financial Meteorologists’ And Their Political Predictions About The Russian Economic Storm – OpEd
By Andrew Korybko Credit rating agencies are predicting quite a storm for the Russian economy, and they are therefore threatening to lower the country’s status to ‘junk’ level. Just as a weatherman may be incorrect about their storm predictions, so too may a ‘financial meteorologist’, except the latter has ulterior motives in doing so. S&P has … Continue reading
Moody’s Downgrades Russia To Just Above Junk Level
Moody’s international ratings agency has downgraded Russia’s sovereign credit rating to Baaa3, which is just one notch above the non-investment grade. It follows similar moves from Fitch and Standard & Poor’s. The agency said the sharp decline in oil prices and Russia’s national currency – which could further undermine the country’s “subdued growth prospects” – … Continue reading
Nigeria’s Credit Rating Is Under Increased Pressure From Oil Plunge, Boko Haram
Nigeria’s sovereign credit rating is under increased stress amid the plunge in oil prices, which is compounded by violent attacks by the Boko Haram, according to Moody’s Investors Service, Bloomberg reports. Nigeria, which is Africa’s largest oil producer and also its largest economy, is falling under mounting pressure as violent attacks from the Boko Haram … Continue reading
Moody’s Says Russia’s GDP To Fall By 5.5% In 2015
Moody’s Investors Service, the international ratings agency, says that it expects Russia’s gross domestic product (GDP) to fall 5.5 percent in 2015, the ratings agency said in a statement on Thursday. The statement by Moody’s was featured in the agency’s downgrade of Armenia’s credit rating, whose government bond rating was cut to Ba3 from Ba2 in addition to the nation’s outlook being … Continue reading
China, Russia Launching New Credit Ratings Agency In 2015
By Sputnik The first ratings of Universal Credit Rating Group (UCRG), which was created with the participation of Russia and China, are expected as early as 2015, the Head of the Research Department at RusRating Alexander Ovchinnikov told Sputnik on Tuesday. “In our opinion, the first ratings [will] appear … during the current year,” Ovchinnikov told Sputnik. According to him, the project is in its final stage. … Continue reading
Follow Us On Social Media
The SSE Intl Roadshow
Our Discussion Groups
Our Social Media Readers
