Search Results for: Middle East
Central Bank sells 11% stake
July 2nd, 2014
The Central Bank of Russia announced the sale of an 11% stake in Moscow Exchange to the market. The sale is in line with the Central Bank”s obligation to completely exit the shareholder capital of Moscow Exchange by 1 ...
Etihad to Buy 49% Stake in Alitalia
June 25th, 2014
Alitalia SpA, the Italian carrier bailed out by the government last year, said it has agreed on “principal terms” with Etihad Airways PJSC that will give the Middle Eastern airliner a 49 percent stake. The two airlines will next ...
US central bank cuts growth forecast for 2014
June 19th, 2014
The US Federal Reserve has cut its growth forecast for 2014 because of the harsh winter weather. The central bank is now predicting growth of between 2.1% and 2.3% for this year, down from its March forecast of 2.8% ...
Dear Investors: China’s Problems Are Your Problems
May 27th, 2014
I have long argued that it will take a sizable shock to switch the current “risk on” investment climate to one of “risk off.” The robust U.S. stock market persists even though the housing recovery has stagnated, labor markets ...
What the Kenya Railroad Says About China’s Approach to Africa
May 14th, 2014
When China’s Prime Minister Li Keqiang announced a deal with Kenya to establish a new railroad, whose first stage will link the port city of Mombasa to the capital, Nairobi, he framed the arrangement in terms familiar to Sino-African ...
Russia Knows Europe Sanctions Ineffective With Tax Havens
May 5th, 2014
Two years ago, a Dutch law firm prepared a pitch in Moscow to Russian businesses: come to the Netherlands and we can help you avoid taxes and keep your assets safe. “You can rely on our legal system!” the ...
Where’s the Rule of Law in Global Politics?
April 30th, 2014
The West’s difficulty in dealing with an aggressive Russia demonstrates a broader issue: The world is having a much harder time holding to a common set of rules in the geopolitical realm than in the economic. This raises an ...
Europe Stock-Index Futures Little Changed on Fed Remarks
April 17th, 2014
European stock-index futures were little changed, with equities heading for a weekly gain, as Federal Reserve Chair Janet Yellen reiterated the central bank will continue to support the economy. U.S. index futures were little changed, while Asian shares rose. ...
Putin Could Stop Selling Gas to Ukraine. Here’s Why He Won’t
April 14th, 2014
For a time this week, Vladimir Putin looked ready to turn off the gas. In an April 10 letter to 18 European heads of state, he warned that Russia could “completely or partially cease gas deliveries” to Ukraine, in ...
Billionaire Sought by U.S. Holds Key to Putin Gas Cash
March 24th, 2014
A detained billionaire who made a fortune as a middleman in Russia’s murky gas trade with Ukraine may hold the key for U.S. lawmakers seeking harsher sanctions against President Vladimir Putin’s inner circle. Ukrainian Dmitry Firtash, arrested in Vienna ...
