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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
Russia, India Inch Closer To $40 Billion Gas Pipeline
Moscow and New Delhi are discussing preparations for the construction of a pipeline to deliver Russian natural gas to India to help the South Asian nation meet is growing energy needs and avoid an energy crisis. Russian Energy Minister Alexander Novak said on Wednesday that he discussed the construction of the gas pipeline with India’s minister of oil … Continue reading
Emerging Asia Set For “Strong Growth” In 2015, 2016: ADB
Emerging Asia will maintain its strong economic growth in 2015 and 2016, supported by soft commodity prices and recovery in the major industrial economies, a new report from the Asian Development Bank (ADB) says. The ADB’s annual economic report, Asian Development Outlook 2015 (ADO), released on Tuesday, forecasts gross domestic product (GDP) growth in emerging … Continue reading
In Eurasia, Devaluation Is First Line Of Defence
By Chris Weafer, Macro Advisory Russia is not the only economy suffering from the combination of the oil price collapse and sanctions; most of the countries in the Commonwealth of Independent States (CIS) are also feeling the pain. For some it is because they have also waited far too long to start diversifying away from … Continue reading
China’s March Westward And The ISIS Challenge
By Aurangzeb Qureshi In recent years, China is slowly returning to its former glory as the “Middle Kingdom” as it was once was during the 6th century. Unlike the isolationist China of the past, President Xi Jinping’s China is a resurgent dragon looking to connect with the rest of the world. In other words, China is … Continue reading
The U.S. Is Juggling Chaos And Coordination In Order To Contain China – OpEd
By Andrew Korybko It’s no secret by now that the US is dead set on containing China, yet it’s shying away from engaging in a direct confrontation with it. Instead, the US is managing a dual policy of creating chaos along China’s western and southwest reaches, while coordinating a containment alliance along its southeastern and northeastern … 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
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
Russia Says Will Push For India’s Full Membership In The Shanghai Cooperation Organization
Moscow will make every effort to ensure India gets full membership in the Shanghai Cooperation Organization (SCO) at the upcoming SCO summit in Russia’s southern city of Ufa, Sergey Naryshkin, Chairman of the Russian State Duma said following a meeting with the heads of both chambers of the Indian Parliament in New Delhi last week, Indian newspaper The Hindu reported. “India is playing an active role … Continue reading
Syria Applies For Observer Status At The Shanghai Cooperation Organization (SCO)
Syria has filed an application for an observer status at the Shanghai Cooperation Organization (SCO), Russian Presidential Envoy for SCO Affairs and Director of the Foreign Ministry’s Department for Asian and Pacific Cooperation Bakhtier Khakimov said on Friday, TASS reports. “The issue of the Organization’s expansion is a topic we are currently working on,” the … Continue reading
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