China’s Long-Term Strategy vs The West’s Civil War and Short-Termism While the effectively bankrupt West is tearing itself apart and undermining its society, economy and science, China is not just getting on with it, but forging ahead. A good starting point in understanding what is happening now, with all the…
Read MoreIn August, the Fund had a slightly negative performance of 2.5%, after positioning itself for a QE3 announcement of then unknown timing. The Fund’s overall constructive positioning, however, was of modest proportions, with only a 62% net long exposure, i.e. quite a low “long bias” by the Fund’s historical standards.…
Read MoreMOSCOW. (Ian Pryde for RIA-Novosti) – Last Thursday, Russia’s President Putin arrived in Astana, the capital of Kazakhstan, for the start of a week-long visit to Central Asia, which will focus on energy. But the visit is not just about oil and gas. Electricity generation and transmission and atomic energy…
Read MoreMOSCOW. (Ian Pryde for RIA Novosti) – Russia’s already poor image took another hit last weekend with the arrest of former world chess champion Garry Kasparov and the heavy-handed tactics of the police against demonstrators in Moscow, pictures of which went around the world. Despite the claims about the Kremlin’s…
Read MoreFollowing the disputes over energy with Ukraine in 2005-6 and the interruption to supplies to Georgia after bombs took down two electricity pylons on Jan. 21, 2006 and the gas pipeline the next day, the “oil and gas” wars with Belarus in 2006-7 have once again led to all around…
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