Here are the main topics of our spectacular upcoming GEAB 108 ! Stay tuned..
France 2017: What should we expect from the upcoming presidential elections? Can the Eurozone survive 2017? US Dollars & Treasury bonds - returning home. UN 2017: When the United Nations will discover the same fate that the League of Nations had back in the 30's. End of the US government control of ICANN: Towards the privatisation of internet control agencies. From the Cold War to the Third World War: A war over economic routes. Towards the Uberisation of Pollution Controls. But also our exclusive investment recommendations and the future electoral calendar... (Subscribe to the GEAB, your must-read bulletin)
France 2017: What should we expect from the upcoming presidential elections? Can the Eurozone survive 2017? US Dollars & Treasury bonds - returning home. UN 2017: When the United Nations will discover the same fate that the League of Nations had back in the 30's. End of the US government control of ICANN: Towards the privatisation of internet control agencies. From the Cold War to the Third World War: A war over economic routes. Towards the Uberisation of Pollution Controls. But also our exclusive investment recommendations and the future electoral calendar... (Subscribe to the GEAB, your must-read bulletin)
Governments must heed IMF warning of $152tn global debt timebomb
First it was the august Bank for International Settlements. Now it is the International Monetary Fund sending out a warning about global debt. For the first time, the IMF has had a comprehensive look at indebtedness and the numbers are huge. Global debt is estimated at $152tn, or about 225% of annual global output. Two-thirds of the debt – approximately $100tn is held by the private sector. The IMF hopes the debt data published in its half-yearly fiscal report will chivvy governments into action before it is too late... (The Guardian)
First it was the august Bank for International Settlements. Now it is the International Monetary Fund sending out a warning about global debt. For the first time, the IMF has had a comprehensive look at indebtedness and the numbers are huge. Global debt is estimated at $152tn, or about 225% of annual global output. Two-thirds of the debt – approximately $100tn is held by the private sector. The IMF hopes the debt data published in its half-yearly fiscal report will chivvy governments into action before it is too late... (The Guardian)
Alaska Oil Reserves May Have Grown 80% on Giant Discovery
Alaska’s oil reserves may have just gotten 80 percent bigger after Dallas-based Caelus Energy LLC announced the discovery of 6 billion barrels under Arctic waters. The light-oil reserves were found in the company’s Smith Bay leases between Prudhoe Bay and Barrow along the Arctic shore, according to a statement from Caelus on Tuesday. As much as 40 percent of the find, or 2.4 billion barrels, is estimated as recoverable, the company said... (Bloomberg)
Alaska’s oil reserves may have just gotten 80 percent bigger after Dallas-based Caelus Energy LLC announced the discovery of 6 billion barrels under Arctic waters. The light-oil reserves were found in the company’s Smith Bay leases between Prudhoe Bay and Barrow along the Arctic shore, according to a statement from Caelus on Tuesday. As much as 40 percent of the find, or 2.4 billion barrels, is estimated as recoverable, the company said... (Bloomberg)
Li: Portugal may become bridge to other nations
New deals on table as Prime Minister Antonio Costa visits Beijing, Macao China and Portugal reinforced their ties as Portuguese Prime Minister Antonio Costa met with Premier Li Keqiang on Sunday in Beijing during Costa’s ongoing visit to China. The two officials witnessed the signing of a stack of documents representing deals in such areas as third-party market cooperation and infrastructure. Costa, who began his official visit on Saturday, will stay in China until Wednesday... (IOSnews)
New deals on table as Prime Minister Antonio Costa visits Beijing, Macao China and Portugal reinforced their ties as Portuguese Prime Minister Antonio Costa met with Premier Li Keqiang on Sunday in Beijing during Costa’s ongoing visit to China. The two officials witnessed the signing of a stack of documents representing deals in such areas as third-party market cooperation and infrastructure. Costa, who began his official visit on Saturday, will stay in China until Wednesday... (IOSnews)
Poland cancels multi-billion euro Airbus Helicopters deal
The Polish government has cancelled talks with Airbus Helicopters on a multi-billion euro deal to buy military helicopters. The decision reopens the door to the helicopter makers that failed in the original tender. Poland’s Development Ministry said late on Tuesday that the negotiating position of the two sides on the purchase of 50 Caracal helicopters for 13.5 billion zlotys (3.14 billion euros) was “so different that further talks are pointless.”... (Deutsche Welle)
The Polish government has cancelled talks with Airbus Helicopters on a multi-billion euro deal to buy military helicopters. The decision reopens the door to the helicopter makers that failed in the original tender. Poland’s Development Ministry said late on Tuesday that the negotiating position of the two sides on the purchase of 50 Caracal helicopters for 13.5 billion zlotys (3.14 billion euros) was “so different that further talks are pointless.”... (Deutsche Welle)
Britain Needs Fracking, But Let’s Do It Properly
The U.K. government has approved the country’s first hydraulic fracturing wells in the north of England, overruling the objections of the local council in Lancashire. It’s the correct decision given the nation’s growing energy needs; but rising opposition to fracking shows the nascent industry in the U.K. needs to do a better job of convincing the public that the economic benefits outweigh the environmental risks. (Bloomberg)
The U.K. government has approved the country’s first hydraulic fracturing wells in the north of England, overruling the objections of the local council in Lancashire. It’s the correct decision given the nation’s growing energy needs; but rising opposition to fracking shows the nascent industry in the U.K. needs to do a better job of convincing the public that the economic benefits outweigh the environmental risks. (Bloomberg)
Qatari Investors Eyeing Control of Deutsche Bank
It was Anshu Jain himself who arranged the deal in May 2014 with Sheikh Hamad bin Jassim bin Jabor al-Thani of Qatar. The two knew each other, of course – the former co-CEO of Deutsche Bank and the ex-Qatari prime minister, also known by his initials HBJ, who is one of the richest and most influential men in the Gulf region. HBJ had long been a valued Deutsche Bank customer before discreetly negotiating a deal with Jain that saw him invest 1.75 billion euros in the bank... (Spiegel online)
It was Anshu Jain himself who arranged the deal in May 2014 with Sheikh Hamad bin Jassim bin Jabor al-Thani of Qatar. The two knew each other, of course – the former co-CEO of Deutsche Bank and the ex-Qatari prime minister, also known by his initials HBJ, who is one of the richest and most influential men in the Gulf region. HBJ had long been a valued Deutsche Bank customer before discreetly negotiating a deal with Jain that saw him invest 1.75 billion euros in the bank... (Spiegel online)
OPEC officials set for flurry of meetings to nail down Algeria deal
OPEC officials are embarking on an unusual flurry of meetings in the next six weeks, OPEC sources said on Friday, to nail down details of their deal to cut production agreed last week in Algiers. The chain of meetings, starting with ministers in Istanbul next week, signal that unlike in the first half of 2016, the exporting group is more serious now about managing the global supply glut and propping up prices... (Reuters).
OPEC officials are embarking on an unusual flurry of meetings in the next six weeks, OPEC sources said on Friday, to nail down details of their deal to cut production agreed last week in Algiers. The chain of meetings, starting with ministers in Istanbul next week, signal that unlike in the first half of 2016, the exporting group is more serious now about managing the global supply glut and propping up prices... (Reuters).
Russia transfers nuclear-capable missiles to Kaliningrad
Russia has moved nuclear-capable Iskander-M missiles into the Kaliningrad enclave bordering Poland and Lithuania, the Russian defence ministry said on Saturday, adding it was part of routine drills. “These missile units have been deployed more than once (in the Kaliningrad region) … and will be deployed as part of military training of the Russian armed forces,” ministry spokesman Igor Konashenkov said... (The Guardian)
Russia has moved nuclear-capable Iskander-M missiles into the Kaliningrad enclave bordering Poland and Lithuania, the Russian defence ministry said on Saturday, adding it was part of routine drills. “These missile units have been deployed more than once (in the Kaliningrad region) … and will be deployed as part of military training of the Russian armed forces,” ministry spokesman Igor Konashenkov said... (The Guardian)
Egypt Formally Supports Morocco’s Return to the African Union
Egypt supports Morocco’s application to be reinstated in the African Union stating the kingdom has an important role to play in the development of Africa. “There is no obstacle that Egypt supports the request of Morocco back in the African bosom,” said the Egyptian diplomat in Cairo daily newspaper. “Egypt and the Kingdom of Morocco have strong fraternal ties.” he said... (MoroccoWorldNews)
Egypt supports Morocco’s application to be reinstated in the African Union stating the kingdom has an important role to play in the development of Africa. “There is no obstacle that Egypt supports the request of Morocco back in the African bosom,” said the Egyptian diplomat in Cairo daily newspaper. “Egypt and the Kingdom of Morocco have strong fraternal ties.” he said... (MoroccoWorldNews)
Russia’s robust stance puts America’s imprudence in Syria on leash
Tension has recently hit a new high between Moscow and Washington over the situation in Syria, which prompted the Russian leadership to send clear messages to the U.S. that the double-dealing and duplicity are no longer tolerable, analysts say. The Russian messages to the United States were on the military and diplomatic levels, following a number of statements and actions by Washington, regarding possible escalation against the Syrian army... (Xinhuanet)
Tension has recently hit a new high between Moscow and Washington over the situation in Syria, which prompted the Russian leadership to send clear messages to the U.S. that the double-dealing and duplicity are no longer tolerable, analysts say. The Russian messages to the United States were on the military and diplomatic levels, following a number of statements and actions by Washington, regarding possible escalation against the Syrian army... (Xinhuanet)
Philippines to suspend joint exercises and patrols with US military
The Philippine defense chief has told the US military that plans for joint patrols and naval exercises in the disputed South China Sea have been put on hold, the first concrete break in defense cooperation after months of increasingly strident comments by the country’s new president... (The Guardian)
The Philippine defense chief has told the US military that plans for joint patrols and naval exercises in the disputed South China Sea have been put on hold, the first concrete break in defense cooperation after months of increasingly strident comments by the country’s new president... (The Guardian)
Canada Sets the Trend on Climate
Canada is an unlikely model for climate-change policy. As things stand, it’s a long way from keeping the promise it made as part of the Paris agreement to sharply cut carbon emissions. But its government is now proposing to make this right — and with an approach that deserves to be widely copied... (Bloomberg)
Canada is an unlikely model for climate-change policy. As things stand, it’s a long way from keeping the promise it made as part of the Paris agreement to sharply cut carbon emissions. But its government is now proposing to make this right — and with an approach that deserves to be widely copied... (Bloomberg)
Syria’s war: UN Security Council votes on Aleppo
Western governments and Russia have clashed at the UN Security Council even while the Syrian government presses ahead with its military offensive against rebel-held areas of Aleppo. The UN Security Council voted on Saturday on two rival resolutions on the fighting – one drafted by France calling for an end to air strikes and a second by Russia that urged a ceasefire but made no mention of halting the bombings. (AlJazeera)
Western governments and Russia have clashed at the UN Security Council even while the Syrian government presses ahead with its military offensive against rebel-held areas of Aleppo. The UN Security Council voted on Saturday on two rival resolutions on the fighting – one drafted by France calling for an end to air strikes and a second by Russia that urged a ceasefire but made no mention of halting the bombings. (AlJazeera)
Argentina and Brazil Double Down on Mercosur, Sanctions for Venezuela
Argentinean President Mauricio Macri and his Brazilian counterpart Michael Temer agreed Monday on the need to “empower” Mercosur. During a meeting, the two presidents talked about the permanence of Venezuela in the regional bloc as well as Colombia’s decision to vote “no” on the peace deal with the guerilla group FARC... (Panam Post)
Argentinean President Mauricio Macri and his Brazilian counterpart Michael Temer agreed Monday on the need to “empower” Mercosur. During a meeting, the two presidents talked about the permanence of Venezuela in the regional bloc as well as Colombia’s decision to vote “no” on the peace deal with the guerilla group FARC... (Panam Post)
Entradas
No hay comentarios:
Publicar un comentario
Se permiten solo aquellos comentarios que no sean ofensivos en su forma o su contenido, debiendo ser expresados en cualquier caso, con respeto a las personas e instituciones.