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The scramble for oil is globalizing the G-7
The Group of 7 leading industrialized nations is not what it used to be. That was amply demonstrated during the energy scare last year, when the most powerful economies stood impotent in the face of surging energy costs that threatened global growth.
January 29, 2005
$200 Oil? It Could Be Asia’s Gift to World
Perhaps not in the near future, but thanks to economic trends in Asia, can $200 per-barrel crude oil really be ruled out? No, says Marc Faber. One of Asia’s best-known contrarians, the Hong Kong-based head of Marc Faber Limited has been managing money in this region for more than 20 years — $300 million at the moment.
October 30, 2004