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Wednesday, 20 March 19:32 (GMT -05:00)



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U.S. Investigation of Offshore Capitals May Ruin Putin’s Regime, Aslund Says


The international expert community has been busy discussing the search of Russian offshore capitals by Americans. Anders Aslund assumes that this investigation may eventually put an end to Putin’s regime.

 

 

 

 

 

In his article for Project Syndicate, the Swedish economist claims that Putin’s power is weaker than it seems. Basically, his power is based on economic agreements he consolidated in the past. At this point, those agreements threaten Putin’s political career, Mr. Aslud says. 
 

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At the same time, he says that Putin’s regime is in jeopardy since the local system lacks reliable rights to private property. Russian oligarchs are forced to keep their fortunes abroad, mostly in European jurisdictions. Yet, European governments are against Putin.
 
With the help of a group of loyal people, President Putin gradually created 3 circles of power – the governmental one, the one based on controlling state-owned corporations, and the one based on loyal businesses. The process started in the late 1990s when Putin was in charge of Russia’s Federal Security Service. During his first presidency in 2000-2004, Putin managed to consolidate the powers and lay the foundation of his future regime.
 
At first, he gained control over the Russian TV and political establishment. Later on, he spread his power over the parliament and the legal system. The next step was to take big corporations like Gazprom and Rosneft under control as well. The he captured the entire public sector and created big corporations with cheap public financing.
 
The third circle of power implied rich and powerful businessmen loyal to Putin. They are said to have been helping Putin hide his billions abroad. The whole point is, thanks to the absence of limitations, rich Russian businessmen can withdraw their profits to offshore tax havens. However, those tax havens are not as safe as they used to be, and Putin cannot control them the way he controls Russia.
 

 

For now, the USA and the UK are the two offshore destinations that are still anonymous. But that’s about to be changed according to the latest sanctions signed by the U.S. Congress and President Trump. The sanctions initiate a big-scale investigation to find Putin’s treasures hidden in London, New York and other Western cities. This makes Putin’s regime fragile, and Western politicians are likely going to benefit from that.

 

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Masterforex-V Names the Best Broker for Trading Dow Jones

The Dow Jones Industrial Average, the DJIA for short, is one of the oldest and most popular stock indexes in the United States. According to Masterforex-V Wiki, the index plays the role of an unbiased indicator of the entire American economy by scanning the averaged figures for America's 30 biggest corporations(Coca-Cola Co., Apple Inc., Boeing Co., The Goldman Sachs Group, American Express Co., and so much more). 

Publication date: 17 February 02:59 AM

Bitcoin Is Trading At 7-Week Lows, FortFS

Despite the prolonged downtrend seem over he last few months, the cryptocurrency market still remains a point of interest for millions of international traders and investors. Many of them still belive that blockchain is going to change the global financial market to make it simpler, more transparent and easy-to-comprehend. Some experts share this idea, especially as they report about more sophisticated and improved technologies used in trading these days.

 

 
Publication date: 14 February 12:33 AM

Alpari Gold: Philharmoniker and Krugerrand - Private Investors

Alpari Gold, which is a part of the Alpari financial brand, has had a professionally bright month. November's biggest event was the participation in a prestigious annual international expo named COINS-2018. 

 
Publication date: 29 November 07:57 AM

Alpari Gold: Philharmoniker and Krugerrand - Private Investors

Alpari Gold, which is a part of the Alpari financial brand, has had a professionally bright month. November's biggest event was the participation in a prestigious annual international expo named COINS-2018. 

 
Publication date: 29 November 07:57 AM

OPEC Loses Grip on Global Energy Market

According to many international experts, the OPEC, which used to be in charge of the global energy market, now seems to be losing its control over it. The cartel is yet to fight for its place under the sun amid a new pricing-regulation reality.

Publication date: 29 July 11:16 AM

USA Will Dominate Global Oil Market, IEA Says

Over the next 5 years, the United States will dominate the global market of crude oil. Up to 80% of the global oil demand growth will be covered by American oil companies, Bloomberg reports with reference to the International Energy Agency.

Publication date: 19 April 07:11 AM

Global Trade War Will Push Gold Price to $1400/oz

According to Bloomberg and some other online sources, the global trade war started by Donald Trump will eventually increase the dollar value of gold. In particular, they say that the price of gold may reach the 5-year high in the near future.

Publication date: 04 April 01:21 AM

OPEC Is Ready To Ask American Shale Oil Companies Not To Boost Their Oil Production

According to the Energy Minister of the UAE, the OPEC is ready to start asking American shale oil producers to stop boosting their shale oil production. The statement was made during the International Petroleum Week (IP Week).

Publication date: 06 March 10:29 AM

Shale Oil Threatens with an Oil Market Crash to 2014 Levels

The two years' period of moderately high oil prices is about to be over, the International Energy Agency assumes. They say that the global supply is likely to exceed the global demand, which will push down oil prices, may be even to the levels of 2014.

Publication date: 05 March 03:50 AM

Alpari Signs Up Russian Sportscaster Vasili Utkin

lpari has always been known for partnering with celebrities. This time this major forex brand has teamed up with famous Russian sportscaster Vasili Utkin. The partnership agreement is valid until the end of 2018.


Publication date: 05 March 01:45 AM