Yemen has been at war for the past seven years. A once great land of ancient trade, Yemen has become one of the poorest nations in the Arab world. Their GDP for 2021 was expected to reach only 26.9 billion USD. The World Bank estimated that over half of Yemen’s population lived in poverty prior […]

COMMENT #1: Well, at least I got the decline accelerating in the Ruble correct and thanks to your models knew the war and commodity cycles were turning up. Getting the fundamentals correct ahead of time is a work in progress and definitely not easy. But while watching the Ruble crashing into weakness going into the ECM, […]

ASIA: The global economic fallout of the war in Ukraine is expected to negatively impact India’s economy, while the immediate impact of the conflict on China is likely to be relatively small, the IMF said on Thursday. The IMF said it will lead to higher inflation and current account deficit. The major Asian stock markets had […]

  Boris Johnson in Britain announced a new law that will allow the government to confiscate private assets of those who resist the government under the pretense of Russian Sanctions. Meanwhile, the European Union was also drafting legislation that would allow Brussels to take private property in the event of a pandemic emergency. Of course, […]

ASIA: Indian banks may face some headwinds from the Russia-Ukraine crisis, which could lead to higher inflation and some stress for borrowers, S&P Global Ratings analyst informed. Indian banks’ direct exposure to Russia and Ukraine is limited, and the direct impact from the conflict is likely to be marginal, S&P analysts said. Gross non-performing assets […]

The pressure to start World War III is on. NATO now expects that there will be a major war with Russia and the confrontation may come even in a few weeks. The NATO Secretary-General announced an increased war alert for hundreds of thousands of soldiers. Stoltenberg issued a joint statement with US Secretary of Defense […]

As the press covered Zelnensky’s professional speech carried out by his acting training, he continued to try to pull on the heartstrings of the American people to further the hatred of Putin and to wage World War III. He knows what he is asking for and he is not stupid. Zelensky said on March 16 […]

ASIA: Singapore’s economy might be less directly impacted by the war in Ukraine or the sanctions on Russia, but a potential hit to global growth and rising inflation can eventually put a dent on its economic outlook. Russia represents a rather small share of global gross domestic product (GDP) at about 1.6 per cent, and it […]

Japan has made the very same mistake just the following orders from Washington about seizing Russian assets. The Japanese government is freezing the assets of 17 more Russian politicians tycoons, and their relatives to step up sanctions and pressure Moscow to end its invasion of Ukraine. Russia froze, in turn, a list of US politicians […]

There are so many events that took place on the ECM turning point it is hard to cover them all. Aside from the fact that this target will most likely also see the first interest rate rise by the Fed signally that this trend has changed, the SEC came out in full force warning about […]