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Commodities Bust Leaves Latin American with a Hangover

Commodities Bust Leaves Latin American with a Hangover

The end of the commodities supercycle has exposed other weakness of poor governance, mismanagement and corruption

EM

India Proposes Monetizing Gold, Introducing Sovereign Gold Bond

India’s Finance Minister, Arun Jaitley, on Saturday proposed that India introduce a scheme to monetize gold and introduce a sovereign gold bond.

The proposal came while presenting the Indian government’s full-year budget on Saturday in Parliament. 87 more words

Emerging Markets

Jordan, Israel Agree To Build $900M Red Sea-Dead Sea Desalination Plant

Jordan and Israel have signed an agreement on Thursday to build a $900 million water desalination plant in the Gulf of Aqaba and a pipeline that links the Red Sea with the Dead Sea, … 200 more words

Emerging Markets

China Now Has More Submarines Than The U.S., Vice Admiral Says

China now has a larger submarine fleet than that United States, U.S. Vice Admiral Joseph Mulloy told lawmakers on Wednesday.

Testifying before a congressional committee on Wednesday, Vice Admiral Mulloy, the deputy chief of naval operations for capabilities and resources, told the House Armed Services Committee’s seapower subcommittee that… 247 more words

Emerging Markets

The Thief

I have been inspired by Jenna Kutcher to share my story- my raw, this is me, story. To be honest, this isn’t the full story, but this is the start, or rather, just one of my stories. 681 more words

Simply Life

Central Bank Of Egypt Likely To Keep Interest Rates Unchanged

Egypt’s central bank is expected to leave interest rates unchanged at a monetary policy meeting on Thursday in order to focus on taming inflation, four out of six economists surveyed by Reuters said, 341 more words

Emerging Markets