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Is Turkmenistan’s gas line a pipe dream?

Dimitris Giannakopoulos

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Welcome to the Caspian Daily, where you will find the 10 most important things you need to know on Caspian Sea Region. We appreciate ideas, reports, news and interesting articles. Send along to Caspian[at]moderndiplomacy.eu or on Twitter: @DGiannakopoulos

1For many, the Turkmenistan-Afghanistan-Pakistan-India (Tapi) gas pipeline is nothing but a pipe dream.Its starting point is in Turkmenistan, one of the most isolated and closed-for-business states in the world, before it goes through war-torn Afghanistan and then reaches two countries that are hard to describe as partners – Pakistan and India.However, Turkmenistan insists that the pipeline’s construction will start by the end of 2015. The visit in May of Pakistani Prime Minister Nawaz Sharif to Ashgabat seemed to confirm this – both sides pledged to put fast track the project. Likewise the recent visit of Indian Prime Minister Narendra Modi to Turkmenistan is also being seen as a boost to the project” writes Abdujalil Abdurasulov for BBC.

2Azerbaijan to produce nuclear fuel? Azerbaijan aims to develop nuclear research in the country and produce nuclear fuel. The Emergency Situations Ministry together with the Ministry of Communications and High Technologies and the International Atomic Energy Agency are working on a feasibility study for a nuclear research reactor, according to a statement by Communications Minister Ali Abbasov at a meeting of the Cabinet of Ministers.“We also teamed up with the Ecology and Natural Resources Ministry to launch a geological investigation of nuclear deposits in Azerbaijan,” he said.“If we find enough sources we will draw up a package of proposals on the production of nuclear fuel in the country, and submit it to the government,” the minister added.

3Russia, China to Stage Naval Exercises in Sea of Japan in Late August. The exercises will include approximately 20 ships and support vessels, as well as aircraft from both sides. “For the first time joint training on the marine Klerk Range will include marine landings using landing vessels and flight aviation from both sides,” Capt. 1st Rank Roman Martov said.

4How Iran’s nuclear deal affects India. The landmark nuclear deal between Iran and major world powers has enabled Tehran to restore normal trade with many countries. But before the deal was reached, and despite crippling sanctions, India was among a handful of countries doing billions of dollars of trade with Iran. The lifting of sanctions will have significant implications for Delhi, which hopes to reinvigorate its economic and strategic engagement with Tehran. However, there are concerns among Indian businessmen that Iran may now play hard to get, or even turn to more competitive international players. The BBC’s Anbarasan Ethirajan looks at the impact on India and its economic interests.

5Rosatom promotes its technologies at the PowerGen Africa conference in Cape Town. Rosatom executives gave an overview of the State corporation, which had 250 000 employees in over 360 companies and boasted an order portfolio of $101.4-billion. It is the second largest nuclear energy corporation in the world according to installed nuclear capacity and makes up 17% of the world nuclear fuel market. Besides its dominance in nuclear power stations, it had extensive experience in thermal power technologies, which it was keen to share with South Africa. Rosatom had a separate thermal power utility.

6Kazakhstan to build new refinery jointly with Iran. Kazakhstan will construct a new – fourth refinery in the Mangistau region, Rakimbek Amirjanov, the deputy akim of the Mangistau region said at a briefing on July 15. He also noted that the construction of the refinery will be conducted jointly with Iran, local Kazakh media reported.”Akimat is considering the construction of Kazakhstan’s fourth refinery jointly with the Iranian side. We have conducted an analysis and received a confirmation from the Iranian side,” he stressed. “Currently, we have offered to jointly construct a refinery. It will be located in the Mangistau region. Oil products will be sent from Mangistau to the northern ports of Iran.”Amirjanov went on to add that Iran and Kazakhstan have already held a number of official negotiations. Also, there are large companies in Kazakhstan that are interested in investing in this project.

7Ukraine wants to buy Kazakh and Turkmen gas. Head of the European integration department at the Ukrainian Energy and Coal Industry Ministry Mykhailo Bno-Airiyan said that Ukraine was interested in buying gas from Kazakhstan and Turkmenistan. It was reported by in October 2014 Ukraine’s temporary charge d’affaires in Kazakhstan Yuri Lazebnik expressed Ukraine’s interest in getting gas from Kazakhstan bypassing Russia. But that time Kazakhstan did not confirm that any official request from Ukraine regarding gas was made.

8Electronic property registration service for Azerbaijan. A new online system will simplify the procedure of real estate registration for Azerbaijani citizens. After having signed and notarized a real estate purchase contract, citizens and legal entities will no longer need to revisit the registrar for documentation. The new paperless system will make it possible to register real estate online. The National System of Real Estate Registration may provide an online payment system for state fees to further simply the registration procedure.

9A new era for Iran. “Iran, host to many unique cultural treasures largely unseen by western eyes, is expecting a significant rise in the number of tourists visiting the country in the wake of this week’s historic nuclear deal. President Hassan Rouhani’s government is taking fresh measures to ease or abolish visa requirements for most foreign visitors and build as many as 200 new hotels, as existing accommodation is insufficient to cater for the spike in tourism that has occurred since his election in 2013. Iran’s vice-president for tourism, Masoud Soltanifar, said that “bright days” lie ahead for the country’s tourism industry following the nuclear agreement struck in Vienna. “No other industry in Iran will see a bigger boost than tourism as the result of this deal,” he said” writes Saeed Kamali Dehghan for the guardian.

10Azerbaijan’s oil production fell by 1.7% year-on-year. In June 2015 oil production in Azerbaijan declined by 2.5% compared to May 2015.The State Statistics Committee reports that in Jan-Jun the country produced 20.971 million tons of oil that was less than production in Jan-Jun 2014 by 1.7%.

Journalist, specialized in Middle East, Russia & FSU, Terrorism and Security issues. Founder and Editor-in-chief of the Modern Diplomacy magazine. follow @DGiannakopoulos

Finance

Investing In Stocks

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A share of stock, sometimes known as equity or security, is a form of legal ownership in a company. Corporations normally issue stock to raise money and they issue stock in two varieties mainly common stock and preferred stock.

Common stock also ordinary shares are shares that entitle the holder to dividends that vary in amount and at times these dividends are not issued and this depends on the company’s fortunes. Preferred stock on the other hand is stock that entitles the holder to a fixed dividend whose payment is prioritized over ordinary shares.

When it comes to investing in stocks there are top stocks to buy. Identifying a portfolio can be as easy as looking at trends in the top companies and identify those that you are likely to gain from. For instance, Tesla shares were going for $420before announcing their cyber truck. After the announcement the shares rose to $680 so this was a good investment opportunity.

Professional tips for stock market investing

Set long-term goals

When investing in the stock market you ought to have long term goals. By this I mean you need to establish your purpose definitively and the exact time in future you will need your investment. If the period of time until the first investment matures is long, consider making another.

You can calculate the amount to invest and the return on investment needed to produce the desired result. It is crucial to note that the growth of a portfolio is dependent on three factors:  the capital invested, the net amount of annual earnings on the capital, and the period of your investment.

Comprehend your risk tolerance

Tolerance of risk is a psychological trait majorly influenced by wealth, income and knowledge. Old risk tolerance is on the downward trend, but wealthier an individual, the more their risk tolerance will increase because of the sense of security that wealth imparts.

Perception is very important in investing. As one acquires more knowledge on investing example how to buy and sell stocks and how to practically liquidate an investment it makes you consider stocks to have less risk than you thought at the time of purchase. As a result, anxiety about investing drops.

Diversify your investment portfolio

Diversifying your investment portfolio is the most common way to manage risk. Shrewd investors own shares in various organizations and in different sectors and at times even in different states. Doing this comes with the expectation that a single bad event such as an economic recession will not negatively impact all their holdings.

Diversification of a portfolio allows a person to negate the loss of his/her total investment whereby some of the investments are doing well and the rest are performing badly. Even if the entire value of the portfolio drops it is better than losing everything.

Control your emotions

In stock trading individuals lose money due to not making logical decisions which is spurred by inability to control emotions. An organization’s share prices on the short term reflect integrated emotions of the entire investment faction.

Individuals who approach the market with a negative perspective are termed as bears whereas those who approach with a positive perspective are bulls. During market hours the disparity between bears and bulls is portrayed by the constant change in price of stocks. Short term movements are spurred by emotions rather than logic

Keep away from leverage

Leveraging is the use of borrowed finances to enact ones stock market strategy. Possession of a marginal account can prompt brokerage firms and banks alike to loan you money to invest in stocks. Normally, they afford you up to 50% of the total value of your portfolio.

That said if stock price plummets, rather than doubling your investment assuming if it shoots up, you will lose 100% of the original stake plus the interest to the broker.

Conclusion

Finally investing in stocks has a good shot at accumulating an enormous asset value for those willing to be steady savers. The earlier one begins their investment venture, the greater the possible outcome will be.

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ABAC Release: Achieving Integration and Inclusion in the Age of Disruption

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Business leaders from around the Asia-Pacific met in Sydney, Australia, last week to discuss the year ahead, including engaging with APEC senior officials on how best to advance shared goals around integration, innovation and inclusion in the region.

“We are seeing disruption and volatility in the geopolitical situation, in trade and markets, in economic inequality, in the digital economy and even in our physical environment,” commented ABAC Chair Dato Rohana Tan Sri Mahmood. “One thing is clear: to overcome these challenges, we need more regional cooperation, not less. This was our key message to senior officials in our annual dialogue this week,” Dato Rohana added.

The chair said that ABAC would be looking to find durable solutions to those issues as part of the post-2020 vision for the region, which is due to be finalized by APEC this year. ABAC would be seeking a seamless, dynamic, resilient, inclusive and sustainable Asia-Pacific economic community, underpinned by a Free Trade Area of the Asia Pacific, and with people at its heart.

In the meantime, ABAC members reiterated their strong support for the World Trade Organization (WTO). “The mid-year WTO Ministerial Conference represents a crucial opportunity to make progress on reforming WTO rules and resolving the impasse on dispute settlement. As we see our small businesses and developing economies exporting more, this is critical. This will mean that the multilateral rules-based system remains relevant to and effective for all in our modern economies,” added Dato Rohana.

Chair Dato Rohana also emphasized the importance of business leadership to mitigate climate change impacts and spearhead the transition to a low-emissions economy. “Business has an important role to play in helping shape the path ahead here. As businesspeople, we are adept at simplifying complex issues and finding innovative solutions,” said Dato Rohana. “We have a real contribution to make here.”

On the digital economy, the chair said that ABAC remained convinced that fostering an innovation-friendly, resilient and cyber-secure digital ecosystem was the best way to help unlock growth for underserved groups including women, indigenous communities and micro-, small and medium-sized enterprises (MSMEs) in the region. “As we face the emergence of new technologies such as artificial intelligence, we need to equip APEC economies to create an environment for successful development and ethical uptake of AI,” added Dato Rohana.

Underpinning these efforts was a need for ongoing structural reform to increase the resilience of all APEC economies

“In Sydney we set out an ambitious forward agenda and work program which will lead us through the year to the APEC Summit in Kuala Lumpur in November, where we will present our advice directly to APEC Economic Leaders,” concluded Dato Rohana.

For more information on the APEC Business Advisory Council, click here.

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Year-old peace agreement must be implemented for ‘lasting peace’ in Central African Republic

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Following a visit to the Central African Republic, a UN independent expert said that everyone must take all measures necessary to effectively implement the peace agreement that was signed in Bangui a year ago.

“The first anniversary of the Khartoum Peace Agreement, celebrated on 6 February, provided an opportunity for all parties to review its implementation, which will lead to a lasting peace”, Yao Agbetse, Independent Expert on the situation of human rights in the Central African Republic, said on Thursday.

In pointing out that the agreement allowed armed groups to join the Government, he said it is considered “a symbol of the unification of the Republic”.

“But”, he maintained, “for the agreement to be effective, all parties must sincerely implement its provisions, and justice measures must be taken”.

Minding the security situation

During his visit, Mr. Agbetse took note of ongoing reform of the security sector as well as the beginning of the Disarmament, Demobilization, Reintegration and Repatriation (DDRR) process whereby weapons are physically removed from ex-belligerents, armed groups are disbanded, and former combatants are reintegrated into civilian society.

He urged all involved to mobilize the necessary technical and financial resources to implement the nationwide process as early as possible.

Despite the steps already taken to improve the security situation, much remains to be done to prevent a resurgence of violence, keep young people at home, support the peace process, and punish Peace Agreement violations, according to the UN expert.

He observed that despite laudable efforts by local actors, school closures, especially in the countryside, forces children out of the education system, making them vulnerable to human trafficking and recruitment by armed groups.

Transitional justice

Mr. Agbetse called on the National Assembly to promptly adopt several bills required by the Agreement, including on freedom of communication and the creation of a Truth, Justice, Reparation and Reconciliation Commission.

Upon being informed of the establishment of transitional justice institutions, he underscored the importance that they be “provided with appropriate resources to carry out their mission”.

“Swift and substantial assistance from international partners is essential,” he said.

He upheld that the international community continue to support the organization of presidential elections within the constitutional time frame, saying “all actors, including political parties and the media, must refrain from any hate speech and avoid inciting hatred”.

“Necessary action for a peaceful election must be taken now,” concluded the UN expert.

Mr. Agbetse will present his findings to the UN Human Rights Council during a high-level interactive dialogue scheduled for 18 March.

Independent experts are appointed by the Geneva-based Council to examine and report back on a specific human rights theme or a country situation. The positions are honorary and the experts are not UN staff, nor are they paid for their work.

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