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Credit Agencies And Objectivity (Or The Lack Thereof)

Creating a multipolar world - one can easily say that this is becoming the main priority of many emerging markets. But why? Taking into consideration that there is a structural imbalance in the current world order that permeates into almost all spheres of human life, it’s no surprise that the rising economic superpowers are not going to take this lying down. Nowadays, even the market of credit ratings has been tainted by political interests. The so-called Big Three credit rating agencies:...

Опубликовано:
30.07.2015 21:47:00

BRICS - Is A Common Currency Such A Good Idea?

The idea of creating a common currency for the BRICS nations has been brought up numerous times throughout the past year. With the establishment of new alternative financial institutes that are supposed to counterbalance the existing IMF and World Bank, this initiative may not seem as far-fetched and unrealistic as before. However is this really the only way to guarantee less dependency on the economic reign of the dollar and euro? In an interview with the Russia&India Report Oleg Sienko, Director...

Опубликовано:
23.07.2015 16:32:00

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