As noted in a recent US News & World Report article, many investors are engaged in the hunt for the next generation of emerging markets. And, as we’ve discussed in this blog before, Goldman Sachs has identified 11 countries with BRIC-like possibilities, which include mainstream emerging markets like South Korea and Mexico as well as [...]
Read more »Several interesting tidbits from this Energy Daily analysis, namely, Chavez’s continued engagement with African oil-rich nations and PDVSA’s plan to create its own equipment/services division to help address declining production resulting from equipment shortages. It is not clear how Venezuela can balance their equipment shortfalls at home while pursuing an ambitious international growth plan, but [...]
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