The recent decline in world oil prices is likely to constrain economic growth and investment in the Caspian region.
The steep decline in global oil prices has dealt a blow to earnings for many energy-exporting states, pushing their finances and investment projects over the red line.
There are lots of opinions on whether the package of announcements during President Obama’s visit to India in January constitutes a real step forward in our bilateral relationship. In particular, lacking key details, there are questions over whether the workaround for civilian nuclear trade is the breakthrough both sides claim. But this argument misses the broader point.
Amid worldwide currency wars and competitive devaluations, Kazakhstan’s tenge has remained stable in a fixed band of 181 to 184 to the dollar, a level established last February when the Kazakh government imposed a 19 percent devaluation.
Recent tensions between Russia and the West highlight Russia’s growing ties with Asia, particularly China. Before the Ukraine crisis, this pivot to Asia had more to do with Moscow’s assessment that Asia will be the major source of future economic growth.
Earlier this month, China reported 7.4 percent GDP growth for 2014, missing Premier Li Keqiang’s 7.5 percent target but still defying predictions of inevitable deeper slowing.
On January 13, the European Commission released a report on its public consultation about investment protection and investor-state dispute settlement (ISDS) in the Transatlantic Trade and Investment Partnership (TTIP) agreement. The consultation was conducted online over a period of 15 weeks (March-July 2014), during which the Commission received nearly 150,000 submissions.
Investor-State Dispute Settlement (ISDS) is a provision in Bilateral Investment Treaties (BITs) and other international investment agreements that allows investors to enter arbitration with states over treaty breaches.
As we start 2015, the table is set for a real transformation in bilateral relations.
Opinion surveys demonstrate that a majority of Americans consider Asia the most important region to U.S. interests, and a majority of Asia experts support the Obama administration’s goal of a “pivot” or “rebalance” to the Asia-Pacific region.
Buttressing any form of federated defense must be a set of bottom-up, organic interactions within the private sector to develop the capabilities that will underpin these security architectures.