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For Want of Higher Taxes, Mexico’s Debt Is Downgraded – BusinessWeek

Posted by Matt in December 31st, 2009 | no comment 
Published in Mexico, , , , , , , , , , , , , , , , , ,

Ever since Mexico became a major world oil producer in the mid-1970s, with the discovery of the super-giant Cantarell offshore field, the country has depended heavily on petroleum revenues to fund government spending. Today Pemex, the state-run oil monopoly, provides more than one third of the government’s total tax take. But oil production has dropped [...]

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China may lose rare earth metals monopoly with Greenland development | The Australian

Posted by Matt in October 5th, 2009 | no comment 
Published in general, , , , , , , , , ,

AN obscure, desolate plateau on the southwestern shores of Greenland could transform the future of consumer technology and shift the balance of power in the global supply of rare earth metals.
China may lose rare earth metals monopoly with Greenland development | The Australian

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The Arctic Monopoly: Taking Stock of North Pole Riches – SPIEGEL ONLINE – News – International

Posted by Matt in September 10th, 2009 | no comment 
Published in general, , , , , , , , , , , , , , , ,

Oil and natural gas are luring the major powers to the Arctic. The new Great Game includes Russia, the US, Canada and other countries competing for natural resources around the North Pole. More information is available today than ever before about the location and abundance of the region’s riches.
The Arctic Monopoly: Taking Stock of North [...]

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Collapse of Kremlin’s Dual-Monopoly

Posted by Matt in March 2nd, 2009 | no comment 
Published in Economy, Financial, Russia, , , , , , , , , , , , , , ,

Now that happy union between the Kremlin and ordinary Russians is ending. Few Russian policymakers, much less the Russian public, expected oil and gas prices to collapse as they have. We do not know what will happen next. If prices rebound, Putin and his people will glorify themselves for their wisdom. But if prices remain [...]

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Photo Essay: Russia Leaves Eastern Europe Out in the Cold

Posted by Matt in January 14th, 2009 | no comment 
Published in Energy, Europe, Russia, , , , , , , , , , , , , ,

Russian gas monopoly Gazprom was supposed to have restarted the flow of natural gas to Europe via Ukraine Jan. 13. How much is actually getting through is uncertain at this point, but one thing is certain: Eastern Europe has been left in the cold ever since Gazprom ceased gas flows Jan. 7.
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Big Problems in Russia Starting in 2009

Posted by Matt in December 3rd, 2008 | no comment 
Published in Economy, Russia, , , , , , , , , , , , , , , , , , , , , , ,

Experts see a very serious possibility of an abrupt collapse of the living standard and economic disintegration leading to social unrest, eventually followed by political upheaval.

As Tayevsky put it, “There will not be a crisis in Russia. There will be something immeasurably worse. But decent words for what it will be have not yet been [...]

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Gazprom Keeps the Heat on Europe by Pressing Libya

Posted by Matt in July 13th, 2008 | no comment 
Published in Energy, Russia, , , , , , , , , , , , , , , , , , ,

This is example of Russian energy mercantilism. Russia locks up energy resources from other countries and takes it off the world market. Russia gains power at the expense of other countries.
From the article:
OAO Gazprom, Russia’s state- sponsored gas monopoly, is offering to buy all of Libya’s oil and gas exports in a bid to increase [...]

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Gazprom’s aggressive growth

Posted by Matt in July 2nd, 2008 | no comment 
Published in Energy, Russia, , , , , , , , , , , , , , , , , , , ,

At the height of the Cold War, the West feared the Soviet military. Now, it fears Russian energy companies, and the 800-pound gorilla of them all is Gazprom, Russia’s natural gas monopoly, currently the world’s third-largest company by capitalization.
Having absorbed capitalism with a rapacity that would make Lenin blush, Gazprom does not intend to rest [...]

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The strange story of MiG-31s for Syria

Posted by Matt in June 25th, 2007 | no comment 
Published in Military, Russia, Syria, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Moscow’s respected business daily Kommersant reported that Russia’s arms-trading monopoly Rosoboronexport has begun to fulfill an arms deal it secretly signed with Syria this year to sell five MiG-31E jet fighters, considered among the best in the world, and an additional unspecified number of the newest MiG-29M/M2 fighter-bombers.
The paper reported the total price to be [...]

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