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
1“The so-called P5+1 (or E3+3) coalition engaged in arduous, painstaking negotiations to resolve the problem of an Iranian nuclear weapons program. Within a multilateral framework, the Obama administration used diplomacy to achieve an agreement that served U.S. interests. The goals were to end the nuclear weapons program in the short-term and block Iran’s path to a bomb in the longer-term. Despite its limitations, this agreement certainly achieves those objectives” writes David W. Kearn for Huffington Post.
2Russia calls for global coordination to counter cyber terrorist activity. Security services worldwide must coordinate their efforts in cyberspace to prevent the Internet from becoming a weapon for terrorists, Russian Federal Security Service chief Alexander Bortnikov said Wednesday.”Internet, in effect, is becoming a principal tool of the formation of ultra-radical ideology,” Interfax news agency quoted Bortnikov as saying at the international security conference.The meeting in the central Russian city of Yaroslavl gathered 92 security services delegations from 64 countries and four international and regional organizations, namely the United Nations, the Shanghai Cooperation Organization, the European Union and the Commonwealth of Independent States.According to Bortnikov, terrorist groups maintain their websites in over 40 languages, using the most advanced information technologies to reach their potential audience.
3Azerbaijan Oil and Gas Exploration and Production Analysis and Outlook to 2025. Azerbaijan upstream oil and gas analysis and outlook report provides complete information on Azerbaijan exploration and production blocks, fields, companies and future prospects. Azerbaijan oil and gas reserves, replacement ratios, proven volumes along with detailed insights into the role of Azerbaijan in region and global upstream markets is provided in detail. Further, complete infrastructure details of Azerbaijan field wise production, field by field details, exploration blocks on offer, available blocks and existing block details in Azerbaijan are provided in the research work. [Research and Markets]
4How Does Kazakhstan Plan to Pay for the Olympics? “Wednesday, Kazakh Prime Minister Karim Massimov seemed fairly confident in Kuala Lumpur that his country’s $70 billion oil fund would be able to financially back up the 2022 Winter Olympics should they win the vote Friday to host over Beijing, long-considered–despite a lack of real snow–the front-runner. Other news that broke Wednesday paints a distinctly less confident picture. The Financial Times’s Moscow correspondent Jack Farchy reported that the Kazakh central bank would be buying a 10 percent stake in KazMunaiGaz, the state oil company, and the money would be paid into the country’s sovereign wealth fund” [The Diplomat]
5Russia vetoes tribunal for downed flight MH17. Russia vetoed a United Nations Security Council draft resolution on Wednesday that would have set up an international tribunal to prosecute those suspected of downing a Malaysia Airlines passenger airliner last year in eastern Ukraine. Russia had proposed its own rival draft resolution, which pushed for a greater U.N. role in an investigation into what caused the downing of the aircraft and demanded justice, but it would not have set up a tribunal. Russian U.N. Ambassador Vitaly Churkin said it was premature to set up an international tribunal. He said the draft resolution was submitted for a vote by Malaysia and its co-sponsors with the knowledge that it would be vetoed.
6Armenia exchanges “smiles” with Iran, but has no concrete agreements yet . Analysts wonder why Armenia rejects proposals for cooperation with Middle Eastern countries, especially that initiative in the region is clearly moving from Turkey, a state unfriendly to Armenia, to Iran, an Armenia-friendly state. Some even wonder if the whole matter is about “orders” from the Ministry of Foreign Affairs of Russia, which does not hide the fact that Iran is becoming a competitor for Moscow. [ArmeniaNow]
7The development of alternative energy is of significant importance for Azerbaijan and therefore, the government seeks to introduce modern technology and involve foreign investors in its renewables sector, says Rasul Suleymanov, the chairman of the Association of engineers and energy specialists of Azerbaijan.”Many countries develop this sector in this way. They only provide a territory, so to say, ‘an object of work,’ and guarantee to purchase this energy in the future. In order to encourage companies to work in our market, the government should adopt laws that will regulate this issue legally. Thus, private investors will not have any doubts and fears in financing of alternative energy in our country,” he told local media.
8The National Bank of the Republic of Kazakhstan will become one of the shareholders of the country’s KazMunaiGas national oil and gas company.The country’s Samruk-Kazyna National Welfare Fund which owns 100-percent share of the company will sell 10 percent block of shares and one common stock of KazMunaiGas to the National Bank at the price determined by an independent appraiser.However, the price won’t be below 750 billion Kazakh tenge (187.45 tenge = $1).
9Kuwaiti Shias’ adventures with Iranian policy. “How could the political Shia movement and the Hezbollah and “Islamic revolution” streams so easily kidnap the views and emotions of the Shias in the Gulf Arab region?Why don’t we hear an opposing voice or come across a decisive stance against some of Iran’s foreign policy, especially those that pan Shias outside Iran pay for, so that everyone knows that such policies do not represent the views of all the Shias in the Arab world? Many Shias of Kuwait, Iraq, Bahrain, Lebanon, and Saudi Arabia are convinced that not all Iranian policies represent the Shia view, and that, since 1979, the policies of this “Islamic State” exposed the interests of Shias in their Arab countries and the whole world, to political risk, social isolation and possibly threats and reprisals” writes Khalil Ali Haydar for The Peninsula.
10Azerbaijan is ready to take advantage of lifted sanctions on Iran that will happen approximately in 50 days.According to Azerbaijan’s Ministry of Economy and Industry, on August 3-4 Minister Shahin Mustafayev will visit Iran.“The visit will be aimed to discuss the current situation and prospects for bilateral relations and cooperation,” the Ministry says.
Investing In Stocks
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.
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.
ABAC Release: Achieving Integration and Inclusion in the Age of Disruption
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.
Year-old peace agreement must be implemented for ‘lasting peace’ in Central African Republic
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.
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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