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| The Power Of The Pivot |
 BY now, nearly everyone has
heard of the BRICS (Brazil,
Russia, India, China and South
Africa). Less known are the
CIVETS (Colombia, Indonesia,
Vietnam, Egypt, Turkey and South
Africa) and MIST (Mexico, Indonesia,
South Korea and Turkey).
These acronyms are the product of... |
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| OBAMA, A
FAMILY MAN |
 TWO of the nation's
smartest analysts have just
come out with reports on
how the presidential election
looks six months out.
Bill Galston of the Brookings
Institution argues that at this
point President Barack ... |
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 | Rupee hits all-time low
of 54.52 against dollar THE rupee slumped to a record
low against the dollar on
Wednesday as the global risk
aversion added pressure on a
currency already under fire from
the country´s current account
and fiscal deficits.
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| | Gas to be major source of energy by 2040: Cahir |  DEMAND for natural gas has
been growing at such a pace that it
will emerge as the major source of
fuel by 2040, ExxonMobil Qatar
President and General Manager
Bart Cahir has said.
Speaking at the last day of the
International Production and
Operations Conference and
Exhibition, Bart said, "By the year
2040, the world´s population will
reach nearly 9 billion and the economic
output will double. These
factors will raise the global energy
demand by 30 percent over 2010."
According to Cahir, for people
and economies to advance, energy
supplies must grow to meet their
needs. "Two of the fastest growing
energy segments--conventional
oil and gas ... | | | PetroChina eyes partnership in Canada LNG project |  ASIAN energy giant
PetroChina plans to join with
Shell Canada and major energy
companies in Japan and
South Korea in developing a
liquefied natural gas export
project in British Columbia.
Shell will hold a 40 percent
stake in the project, with
Korea Gas, Mitsubishi and
PetroChina each holding 20
percent shares, the Chinese
state oil and gas company
said on Wednesday.
The plan calls for large
tankers to transport LNG
from the northwest coast
port of Kitimat in British
Columbia, the end point of a
proposed pipeline that will
direct oil to energy-hungry
Asian markets.
Japanese demand for LNG
has surged following the closure
of Japan´s nuclear plants. | | | Facebook boosts IPO size
25%, targets $16bn fund |  FACEBOOK has increased
the size of its initial public
offering by almost 25 percent,
and could raise as
much as $16 billion as
strong investor demand for
a share of the No.1 social
network trumps debate
about its long-term potential
to make money.
Facebook, founded eight
years ago by Mark
Zuckerberg in a Harvard
dorm room, said on
Wednesday it will add about
84 million shares to its IPO,
floating about 421 million
shares in an offering expected
to be priced on Thursday.
The additional shares will
be sold by early investors
including PayPal co-founder
Peter Thiel, Accel Partners´
James Breyer and investment
manager Tiger Global
Management, the company... | |
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