Shuanghui International’s $7.1 billion purchase of US pork giant Smithfield was a US milestone for many reasons. Not only was it the biggest investment ever by a Chinese company, it also was proof that the US government could make impartial decisions about Chinese investment. And it meant that 70,000 US workers are now in the employ of […]
Resource security is now a priority for governments the world over. Markets for many resources are likely to remain tight and unstable as demand growth outstrips production and stocks struggle to recover. Government interventions in resource markets, such as biofuel mandates and export controls, often make things worse. In the medium term, climate change will […]
In an unprecedented tour also locking in energy deals with Uzbekistan, Kazakhstan, Tajikistan, Kyrgyzstan and Russia, Xi has consolidated Chinese power in Central Asia as Beijing looks to reconfigure its economy based on cleaner, more diversified energy sources amid rising overall demand for fuels. But the impacts are expected to reach much farther and wider than […]
As U.S. energy exports increase, the United States should think carefully about the kind of exporter it wants to be, promoting free trade and investment wherever possible, with no political strings attached. If it does, it could transform the world energy market and, in turn, reap vast political and economic rewards. Read Here – Foreign […]
The systemic waste of natural resources in the Gulf is eroding economic resilience to shocks and increasing security risks. The six Gulf Cooperation Council (GCC) countries now consume more primary energy than the whole of Africa. Yet they have just one-twentieth of that continent’s population. Almost 100% of energy is produced from oil and gas […]
Over the next decade, a massive wave of new oil and gas discoveries will transform Africa. If the resource curse plays out as it usually does, this oil boom will only serve to entrench authoritarian rule and inhibit democracy. Unless, that is, African governments embrace a radical approach: handing a large share of the new […]
In the public perception, it is almost axiomatic that overseas oil assets constitute energy security. It assumes that ownership confers rights of unqualified access. There is a belief that if you own hydrocarbon assets in any corner of the world, it automatically and ineluctably entitles you to physically access those resources as and when you […]
Although there is currently no operational nuclear power plant in the ten countries comprising the Association of Southeast Asian Nations (ASEAN), regional governments have begun investing seriously in such programs. They have been motivated by several factors ranging from rising electricity demands to the perceived need to seek energy security, energy autonomy, and the diversification […]
Iran‘s growing influence in Iraq since the US invasion in 2003 has been cause for enormous concern for many in the Middle East and beyond. But a growing economic rivalry between Tehran and Baghdad has attracted little attention. Read Here – The National
Russia’s security differences with NATO countries have been encouraging Moscow to strengthen ties with Asian countries, above all China. These differences range from concerns over U.S. missile defense programs to unease about NATO’s increasingly capable conventional weapons to dissatisfaction with Moscow’s minimal influence on European security issues due to Russia’s non-membership in NATO. Read Here […]
looking beyond borders 