Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Yes, good job! You've managed to do this on a regular basis and I only wish you'd do it more often. Some people may say you're talking tosh, but not me. Your unerring inability to guess the direction of the sp correctly is one of the most accurate counter-indicators I've ever come across. People are making fortunes on the back of your wishful thinking.
Keep it up! Your reward will come in heaven.
Eloro, yes, I shared a house with a Filipino at university and lived in Manila for a couple of years, albeit that was a long time ago. I still have a number of friends there and have maintained an interest in the country.
There's an interesting comparison between Ecuador and the Philippines under Duerte. He was wildly unpopular in the international community, but hugely popular at home. His measures against the drugs trade were brutal and pretty barbaric, but did he care about what the UN said? Nope. He delivered really significant growth to the extent the country is now the fastest growing economy in Asia. The key difference is Nobby is no Duerte. He's not an unsophisticated yob.
Duerte's biggest mistake was to align the country with China, something Marcos has reversed and growth has continued apace. The Philippines has had a civil war going on in the south for decades and Mindanao is not a place you'd want to visit as a westerner, but still the mining industry invests there.
Has any of this deterred inward investment? No, quite the opposite and the US, and every major European nation has done what every nation does when it deals with a regime that may be a bit suspect; it pinches its nose and carries on regardless. It's called Real Politique.
DBW, Ecuador is ranked 65th in the league table of global murder rates. If you look at the countries ranking above them you'll note that many are nations which have attracted significant investment for mining, especially from China.
'84 , In my original post I said they were OB. I was wondering if there was a different type of OB, but it seems not.
As far as my understanding is concerned these trades were off-market negotiated between two parties, just like all of the recent large trades we've seen. The really interesting question is who are the two parties?
There's a wonderful irony here. When Julian Assange first took refuge in the Ecuadorian embassy in London, their then Ambassador said something about the possibility of the Met storming the property and how it would contravene diplomatic protocol. Of course, the police had no intention of doing any such thing.
Anyway Gino, I'm sure one of them will use it as proof the end is nigh.