infrastructure

Opec- New Cartel

New Oil Cartel Threatening OPEC

When reports emerged that India and China are in talks about forming an oil buyers’ club, OPEC was probably too busy with its upcoming June 22 meeting to concern itself with that dangerous alliance. Now, it may be time for it to start worrying.

“The timing is right. The boom in U.S. oil and gas production gives us greater leverage against OPEC,” the Times of India quoted an Indian official as saying last month after the formal start of said talks. The two countries, after all, account for a combined 17 percent of global oil consumption and they are the ones that would be the hardest hit if prices rise as a result of OPEC’s actions.

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London Infrastructure

Trends in Digital Infrastructure- Infographic

Normally, we spend quite a bit of time looking at precious metals like Gold and Silver, Oil, Real Estate, the Stock Market and other related trends. But, today we are going to look at something entirely different. Something that perhaps you haven’t given much thought to. Ten to Fifteen years ago, I was involved in the Information Technology (IT) field and was responsible for setting up regional offices in cities as different as Berlin is from Bangkok. These far flung offices were in regions of the world from Brazil to Zimbabwe and the major limiting factor was internet access. Although it was common enough in most developed countries, in many areas getting a dedicated IP address along with a high speed internet connection was near impossible. Fortunately in the intervening years high speed connections have become much more common even in the remotest of locations. This has allowed development of critical computer skills even among poor nations. And long term, this may provide a path toward economic development for these countries. But even developed countries may be suffering from a lack of infrastructure as you will see from the following article.

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Infastructure construction could help the economy

How Infrastructure Investment Boosts Job Growth

Ever since the onset of what is now being called “The Great Recession”, people have been discussing ways to help prop up the economy and reduce unemployment. One of the most prominent suggestions is to increase the government’s infrastructure investment. This strategy is favored by Keynesian economists as a way to stimulate the economy. In fact, it has

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