Courtesy of The Boston Globe, an article on the performance of Iraqi bonds. As the report notes: “…Some count the kidnappings. Others count the suicide bombs. Still others count the deaths of US soldiers. But, in the saga of Iraq’s slow struggle toward normalcy, Robert Smith keeps track of something far more obscure: the price […]
Read more »Courtesy of STRATFOR (subscription required), an interesting analysis of Turkey’s near-term energy strategy to diversify its energy supplies and become a hub between the energy-rich east and the energy-hungry west. To accomplish this, Ankara needs reliable suppliers for the Nabucco project. Azerbaijan, Iran and Iraq are potential suppliers, but Iran and Iraq are politically problematic. […]
Read more »Courtesy of Riches Among The Ruins, an interesting look at the Palestine Securities Exchange. As the article notes: “…Last year, I met with a Palestinian official named Dr. Jihad al-Wazir, the governor of the Palestinian Monetary Authority. He explained to me his vision for financial modernization and transparency as a way forward for the West […]
Read more »Via Energy Daily, a report that China’s overseas hydrocarbon acquisition activities continue, this time in Argentina. As the article notes: “…China’s state-owned energy giant Cnooc said Sunday it would pay 3.1 billion US dollars for a 50-percent stake in an Argentinian-owned energy company , the latest in a string of acquisitions. Cnooc said the deal, […]
Read more »Courtesy of Mark Mobius’ blog, an examination of Jordan’s progress and market potential: “…Jordan is a modern democratic constitutional monarchy with the King as head of state. It has a highly educated population of about 6.1 million with a growing middle class. The government’s focus has been on economic reform and growth. The role played […]
Read more »Via Time, an interesting report on the renewed interest in East Africa’s hydrocarbon potential. As the article notes: “…According to local lore, Portuguese travelers as far back as the late 19th century suspected that oil might lie beneath parts of East Africa after noticing a thick, greasy sediment wash up on the shores of Mozambique. […]
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