MenuSince Russia accused U.S. citizen Paul Whelan of espionage and detained him last week, curious details about the 48-year-old’s personal life have continued to trickle out. He was discharged from the U.S. Marine Corps in 2008 for bad conduct. He has dozens of Russian friends on the Russian social media site Vkontakte. Continued
Category Archives: Articles & Blogs
As Global Markets Cool, Investors Find Warmth In Central Asia’s Infrastructure
The long-anticipated global market correction may now be upon us. Worldwide stocks extend their losses over the weekend, leaving little room for optimism of a macroeconomic rebound. Chinese goods-exports growth slowed to 5.4% year-over-year in November, down from 15.6% in October. S&P futures are now down 10% on the year and the Dow Jones is
GM Must Adapt Or Die: A Lesson For U.S. Automakers
General Motors (NYSE:GM) announced Monday that it would be closing down five of its facilities across the United States, ceasing the production of six of its sedan brands, including the Buick LaCrosse, Cadillac CT6, XTS, Chevrolet Cruze, Impala, and hybrid-electric Volt. GM will also lay off some 15,000 workers. The car manufacturer claims that through
Kazatomprom IPO With Astana International Financial Center (AIX) Shows Global Appetite For Uranium
Some say nuclear energy is the stepdaughter of the energy industry. Many investors beg to differ. On November 14, Kazatomprom (KAP), the state-owned uranium production company of Kazakhstan made history by becoming the first initial public offering of a large Kazakh company in more than a decade. This is a dramatic finale for two important
Infrastructure Development in Central Asia
Development debates often focus on natural curses and blessings. For some countries, being landlocked is a curse resulting in difficult and costly access to/from markets. However, for the countries comprising Central Asia, most notably Kazakhstan and Uzbekistan, in ancient times and today, being landlocked has been a blessing. The Silk Road puts Central Asia in
Oil Markets Yawn As Iran Sanctions Come Into Effect
A U.S. economic sledgehammer is falling on the Islamic Republic of Iran and global energy markets couldn’t care less – at least for now. Brent crude oil futures are up a meager $0.62 from their $72.61 open – bringing the benchmark to $73.23 just 12 hours into the first official day of renewed sanctions. Brent’s
Charging Up: Battery Storage Investments To Reach $620 Billion By 2040
The market for energy storage is rapidly gaining momentum around the world. The growing cost-competitiveness of carbon-free energy sources, coupled with improving technology and more environmentally conscious government policies are driving a demand boom for batteries in both the transportation and utility power sectors. But just how big is this boom expected to be? Continued
When Fear Trumps Markets: Is The $100/bbl Oil Inevitable?
Is $100 a barrel (bbl) inevitable? Brent crude is now trading at $82/bbl, a four-year high, and most analysts believe it won’t stop there. The geopolitical and global financial climate is certainly hospitable to rising oil prices: Saudi Arabia’s Jamal Khashoggi crisis, the specter of Iran sanctions, turmoil in heavy oil-producing states like Venezuela and
Trump Must Stand Up to Putin—But He Needs Europe’s Help
On July 16, Donald Trump and Vladimir Putin are to meet in Helsinki, Finland, for what promises to be an historic summit—one likely to define the course of U.S.-Russian relations for many years to come. Following on the heels of the July 12 NATO summit in Brussels, the outcome of these U.S.-Russia talks may affect
Germany and the US need a new beginning in their security relationship
In the snow-covered, fairy-tale city of Munich, global security leaders gathered for their yearly conclave, the Munich Security Conference, the Davos of foreign policy and power. However, instead of Bavarian glory, tension was in the air. This participant repeatedly saw speakers talking past each other, creating an impression that this was not a dialogue about