Posted by Matt in November 25th, 2008 |
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Published in
China,
American Factories,
Asia,
Authoritarian Rule,
beijing,
China Economic,
Chinese Industry,
Congress,
Consumers,
Currency Reserves,
Europe,
Massive Transfer,
National Security Interests,
New Technology,
North America,
Security Review,
Steady Influx,
Trade Deficits,
Transformation,
Trillion,
World Politics
The NIC notes that this transformation of world politics is the result of a massive transfer of wealth from West to East, from Europe and North America to Asia. The United States has transferred $1.2 trillion to China since 2001 by running massive trade deficits. These deficits have not only given Beijing the largest currency [...]
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Posted by Matt in May 29th, 2008 |
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Published in
Energy,
Europe,
Black Gold,
Coalition Government,
Consumers,
Economy,
Electricity,
Energy Crisis,
Europe,
Full Coverage,
Gap,
Germany Government,
Greenland,
Natural Gas Prices,
Natural Resources,
Oil Prices,
Power Gap,
prosperity,
Seabed,
Shock,
Spiegel
Skyrocketing Oil Prices Threaten Prosperity
With oil prices breaking all records, the next shock for consumers is already at hand with electricity and natural gas prices set to skyrocket. While experts fear for the economy, the crisis is driving a wedge between the partners in Germany’s coalition government. By SPIEGEL Staff more…
Black Gold under the Ice: [...]
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Posted by Matt in May 22nd, 2008 |
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Published in
Oil,
Bloc,
China,
Cibc World Markets,
Consumers,
Consumption,
Export Capacity,
Global Surge,
Independent Producers,
India,
Jeff Rubin,
Markets In Toronto,
Members Of Opec,
Oil Analyst,
Oil Market,
Oil Producers,
opec,
Price Of Oil,
Russia,
Thirst,
Western Europe
The growing thirst for oil in China and India is well known. However, this global surge in demand is being led by oil producers that are emerging as significant consumers, too, undermining their capacity to export when global supplies are tightening.
“Consumption is cannibalising their export capacity,” Jeff Rubin, an oil analyst for CIBC World Markets [...]
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