An excellent piece in yesterday’s New York Times magazine effectively argues that the US’s position in the global order of things is changing and, that in addition to the three powers in today’s world (i.e. the U.S., China and the European Union), a set of “second world†nations that are part developed & part developing […]
Read more »Stratfor (subscription required) recently reported that Argentine and Bolivian leaders kicked off the $1.8 billion Northeast Argentine Pipeline (GNEA) project in Buenos Aires on Jan. 25. While this has important ramifications for the South American hydrocarbon picture, Stratfor insightfully notes that this is just another harbinger that the geopolitical structure of South America is changing: […]
Read more »As reported in a recent Financial Times article, with Europe concerned over Russia’s political motives in exploiting its energy wealth and big international companies shut out or deterred from investing in the Middle East, many eyes have turned to Africa in the hope of securing future supplies of gas. However, as companies scramble to gain […]
Read more »As reported by Iran’s Shana news, gas-producing countries are planning to again discuss the idea of forming a “gas OPEC” along the lines of the existing oil organization in June in Moscow. According to the article, members of the existing Gas Exporting Countries Forum (GECF) had appointed an expert to look at the idea of […]
Read more »As reported by Xinhua, China is planning to start construction on two railways linking its westernmost Xinjiang Uygur Autonomous Region with the central Asian nations of Kyrgyzstan, Uzbekistan and Kazakhstan in 2008. Upon its completion in 2010, experts say the railway will provide a faster link between western China and central Asia and improve the […]
Read more »As noted by an interesting blog titled Green Views-Rupee News, Pakistan – despite the political turmoil, assassinations, riots and bombings we read about in the media almost every day – still represents a sound investment opportunity. As the report notes: “…the fundamentals of the Pakistani economy are sound. Arab and Asian money is still flowing […]
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