Salient to Investors: Iran would be a superpower in global energy markets if reserves in the ground were the measuring stick – only Russia has more oil and gas reserves. The CIA reports proven natural gas reserves in 2014 (in cubic metres) in Russia were 47,800,000,000,000, in Iran 33,800,000,000,000, in Qatar 25,070,000,000,000, in the US 8,734,000,000,000, in Saudi Arabia 8,235,000,000,000. Jamie Ingram
READ MORE... →Salient to Investors: The OECD said: The global economy’s predicted growth is lowered to 3.1% in 2015 and 3.8% in 2016 due to an unexpectedly weak Q1 and investment yet to take off. The global economy rates a B-minus. Large businesses have been unwilling to invest as vigorously as in previous cyclical
READ MORE... →Salient to Investors: Fareed Zakaria said: Iraq no longer exists. Many of the Arab states around Iraq are more anti-Shiite than they are anti-ISIS. ISIS gets support from the discontent of Sunnis who feel persecuted by the Shiite and Alawite governments of Iraq and Syria. Britain that has lost its special
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: Ookla Net index ranks the US 27th in broadband download speed. New America says the majority of US Internet customers pay more than their counterparts in Europe and Asia. Watch the video at http://globalpublicsquare.blogs.cnn.com/category/gps-episodes/ or read the full transcript at http://www.cnn.com/TRANSCRIPTS/1503/01/fzgps.01.html
READ MORE... →Salient to Investors: Fareed Zakaria said: The IEA said Russia faces a perfect storm of collapsing oil prices, international sanctions and currency depreciation. The IMF predicts the Russian economy will contract by 3% in 2015. Putin does not respond to higher costs in a rational calculating manner. Military aid to
READ MORE... →Salient to Investors: Leonid Bershidsky writes: The cease-fire deal is as close to a deal on Putin’s terms as decency allows and too contradictory to work long-term. However, even if the truce fails, it is clear there is a strong will to look for a lasting solution. Ukraine is unlikely to
READ MORE... →Salient to Investors: Zanny Minton Beddoes at The Economist said: The economy’s fundamental drivers, particularly rapid technological change, means that the rewards disproportionately go to the top. The latest IMF research suggests that you get stronger and more lasting economic growth in societies that are more equal. The last time
READ MORE... →Salient to Investors: Fareed Zakaria said: ISIS’ strategy is to draw the US into a ground battle in Syria, and hope that a protracted war would sap US strength. David Fromkin wrote that terrorism cannot always be prevented but can always be defeated. India has 97 billionaires – third most in the
READ MORE... →Salient to Investors: The IMF said: The global economy will grow 3.5% in 2015 and 3.7% in 2016. The boost from the sharp fall in oil prices will be more than offset by negative factors, including weaker investment. The euro area recovery will continue at only 1.2% growth in 2015 and 1.4% in 2016.
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