Via The Financial Times, a report that Brazil is staying firm on its controversial decision to switch from the current concessions system to production sharing agreements, or PSAs. As the article notes: “…For us, the pre-salt is a passport,” says Dilma Rousseff, chief minister in Brazil’s government and a would-be next president. “It’s a passport […]
Read more »Courtesy of a recent New York Times’ op-ed and a Financial Times report, we have a chance to peek into Myanmar’s economic position in Asia & China’s increasing involvement in such. As the articles note: “…According to the nonprofit group EarthRights International, at least 26 Chinese multinational corporations are now involved in more than 62 […]
Read more »Via Stratfor (subscription required), an interesting analysis of Mongolia’s regional status and the ongoing struggle between Russia and China to lure the resource-rich country closer into a closer relationship. As the article notes: “…Russia and Mongolia signed several agreements on Aug. 25 covering rail links and development, joint exploration and exploitation of Mongolian uranium deposits, […]
Read more »Via Forbes India, a report on the “siege” of Africa by China and India. As the article notes, the two countries have adopted two different strategies to engage Africa: one is trying to impress with state-sponsored might, giving away goodies and walking away with plum deals; the other is primarily sending private citizens to build […]
Read more »Via Foreign Policy, an interesting short review of national oil companies and the “haves/have-nots” therein. As the report notes: “Big oil,” as Daniel Yergin notes, isn’t what it used to be. Forget the “seven sisters” — those huge companies that dominated the oil business in the 20th century. Today, at least 80 percent of oil […]
Read more »Via Lanka Journal, an interesting look at the economic/investment prospects of a post-war Sri Lanka. As the article notes: “…IN SRI LANKA, THE INVESTMENT AXIOM that the best time to plunge into the market is when there is “blood on the streets” is tragically literal. More than 80,000 citizens of the tiny Indian Ocean island […]
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