Salient to Investors: Fareed Zakaria said: The cold war between Russia and the West over Ukraine is worsening. Saudi Arabia will not build a nuclear weapon whatever happens with Iran’s nuclear program because it cannot – oil is 44 % and manufacturing less than 10% of GDP. Saudi Arabia could not
READ MORE... →Salient to Investors: Fareed Zakaria said: Netanyahu’s alternative to the Iran nuclear deal is divorced from reality – his predictions about Iran’s nuclear threat have been wrong for 25 years. Without a nuclear deal, Iran in 10 years will have 50,000 centrifuges, massive stocks of highly enriched uranium, new facilities, thousands of
READ MORE... →Salient to Investors: Fareed Zakaria said: Negative foreign policy is about preventing bad things from happening, confronting dangers and dealing with bad guys. Positive foreign policy is about building new relationships, expanding markets and opportunities, strengthening alliances and values. India will be the next global Goliath, though not as fast growing
READ MORE... →Salient to Investors: Fareed Zakaria said: Destroying ISIS will take collaboration with Iran (which has far more influence than the US with the Iraqi government) which would have beneficial effects from Iraq to Syria to Afghanistan. While air strikes are usually successful, what usually follows is messy. The US cannot both destroy ISIS
READ MORE... →Salient to Investors: The International Crisis Group said: The Ebola outbreak threatens to become a political crisis that could unravel years of effort to stabilize West Africa – the worst-hit countries face widespread chaos and, potentially, collapse. Adding social breakdown to the epidemic would create a disaster perhaps impossible to
READ MORE... →Salient to Investors: The US Centers for Disease Control and Prevention said Ebola could spread to hundreds of thousands more people by the end of January, 2015, with a worst-case scenario at 550,000 or more infections assuming no additional aid or intervention by governments and relief agencies. UN envoy David
READ MORE... →Salient to Investors: The World Bank said: The economic impact of Ebola could grow eight-fold in Guinea, Liberia and Sierra Leone, but can be limited if it and public fear is contained by a fast global response. If Ebola continues to spread, billions of dollars could be drained from West African countries
READ MORE... →Salient to Investors: A two-decade surge in growth in Africa has raised the prospect of the “African lions” emulating the “Asian tiger” economies in the 21st century. Africa’s has vast untapped resources, a young population and an expanding middle-class. It also has rampant poverty and inequality, a rise in Islamist
READ MORE... →Salient to Investors: John C. Bluedorn, Joerg Decressin and Marco E. Terrones at the IMF said: Slumping asset prices show a recession is probably on its way for the G-7 economies as declining asset prices are significantly associated with the beginning of an economic contraction. From 1970 to 2011, stocks
READ MORE... →Salient to Investors: Barclays is joining Citigroup and UBS in targeting millionaire clients in Africa. Cap Gemini and Royal Bank of Canada said the number of Africans with at least $1 million of investable assets climbed 9.9 percent to 140,000 in 2012, the fastest rate of increase outside North America. Cap Gemini said 42 percent
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