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Emerging markets are starting to resemble pole-vaulters who, no matter how high the bar is raised, jump over it effortlessly. Back in April, the Institute of International Finance - a global club of banks - had predicted private capital inflows to emerging markets would total $709bn this year; it now recognises emerging markets will pass that level with ease. So the IIF has raised the bar: its new estimate is $825bn - that’s $116bn higher.
However, while the greatest pole-vaulters were Russian, the most favoured emerging markets are certainly not. Russia will actually receive less capital inflows than initially thought - with Russian stocks attracting barely half of what was predicted in April.
Originally posted by hangedman13
I think that the use on unmanned drones is going to start up a hornets nest of trouble. Pakistan is getting very irked at the US violating their sovereignty. They closed their borders to NATO due to it. With the crazy situation w/ Pakistan being luke warm allies and having nukes, makes me wonder why we are going about it like we are. Pakistan is more concerned w/ India then Afghanistan. How much money has been sunk into Pakistan? It almost feels like we are trying to destabilize them. With Russia playing all sides we have to realize there will come a time when Russia will have no choice but to pick a side. China at some point in the very near future will really flex their muscles and that event I think may be the tipping point.