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A Hazardous Game – The Strait of Malacca

... (Chatham House, 2012). Later in 2003, Hu Jintao repeated his wish to the Communist Party as the “Malacca Dilemma” must be solved as this “oil-lifeline” is a major flaw that could see the entire state collapse in a matter of weeks (Yergin, 2011: 209-211). Characteristically, China used diplomatic language and did not refer to the USA when speaking about 'large nations', but no one could be fooled as this red dragon was referring to the 7th Fleet of the US Navy. ...

Ossipov Igor
Опубликовано:
08.10.2013 14:58:00

Shale Revolution – Full Steam Ahead!

... where a similar situation of mutual gains occurs. In just the last 5 years, 100,000 jobs have been created causing a buzz throughout Fort Worth, Dallas and Houston; traditional capitals of the US energy industry, particularly the last one. As Daniel Yergin (one of the leading individuals in US energy) argues currently 1.7 million people are employed by the US energy complex with this figure expected to rise to 3 million by 2020. At the same time, the federal budget should see an inflow of $113 billion....

Ossipov Igor
Опубликовано:
15.03.2013 18:00:00

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