Oil prices are soaring for three key reasons: the decline in the dollar, increase in demand from China, India and other countries, and finally decrease in supply due to underinvestment in oil fields and decrease in oil production.
The decrease in oil production from existing fields is primarily due to passing peak oil. As oil is [...]
1913 Intel
International Conflict, Western World Threats and Geopolitical Intelligence
Oil shock: China and Mexico, not Exxon, stupid
Posted by Matt in May 25th, 2008 | no comment
Published in Oil, Carbon Dioxide, Credit Markets, Demand, Dollar, Dollar Increase, Exxon, Government Budgets, Key Reasons, Meltdown, Oil Field, Oil Fields, Oil Prices, Oil Production, Oil Shock, Overspending, peak oil, Real Assets, Scandals, Slowdown, Subsidies, Supply, Supply And Demand, Water Steam
Building with BRICs
Posted by Matt in May 14th, 2008 | no comment
Published in Brazil, China, India, Russia, Bloomberg, Brazil, Bric Countries, China, Clout, Ekaterinburg, Financial Trends, Food Security, Foreign Ministers, Fortune Seekers, Global Economy, Goldman Sachs, India, Institutions, International Monetary Fund, Investment Bank, John Browne, Nations Summit, Patrick Donahue, Research Paper, Russia, Russian City, Russian Economy, Safe Haven, Slowdown, World Bank
Are the BRIC countries an emerging threat?
From the article:
The concept of the BRIC countries — Brazil, Russia, India and China — was coined five years ago in a research paper from the Goldman Sachs investment bank.
This week, reality takes over from theory as the foreign ministers of the BRIC countries hold their first formal meeting [...]
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