Tag Archives: commodity-series
History Revisited, Argentina’s Nationalization of YPF
Latin America is no stranger to the nationalization of private industries. Nonetheless, President Kirchner’s recent decision to re-nationalize the oil company YPF has drawn considerable condemnation around the world. Against the backdrop of a large energy trade deficit and a …
Ahead of Us: A Russian Spring or a Russian Winter?
Protesting against political and economic injustices, people around the world are finding the courage to speak out against corrupt regimes and powerful multinationals. First there was the Arab Spring, the Occupy Wall Street movement followed soon thereafter. Now, Russia is …
Cocoa: A Hot Commodity with a Cold History
BNI: The Banque nationale d’investissement. BNI’s only shareholder is the Ivory Coast government. BNI owns 25 percent of Lev Côte d’Ivoire (Lev-Ci) and BNI’s director is the chairman of Lev-Ci. One of Lev-Ci’s board member is an Israeli arms dealer, …
Case Study: Soy Beans’ Impact on the World
Introduction Whether sprayed in pesticides, traded in futures markets, processed into biofuels, added into thousands of industrial products, or eaten as tofu, edamame, or animal feed, the soybean is one of the most ubiquitous commodities worldwide. Globalization’s impact on …
Cup of Joe: Globalization and Coffee
Introduction From the Colombian cherry picker in to the Italian espresso shop owner to the Starbucks wi-fi user, globalization impacts all aspects of the coffee supply chain. Harvested in 80 countries, though consumed in nearly every country world-wide, coffee is …
Bling Bling: Gold and Globalization
Gold Standard: Countries only issue currency equivalent to the amount of gold it holds in its reserves. Peg: To fix (a price) at a certain level or within a certain range. http://www.thefreedictionary.com/peg Black Monday: Monday, October 19, 1987, when stock …
High Oil Prices, Reversing Globalization?
The Impact of Globalized Wheat
The price of wheat reached historic highs in 2007 and is continuing to increase in early 2008. Farmers are making lots of money, as well as traders who are investing in wheat exchanges and other newly developed equities for …
International Oil Markets and the Global Economy
Starting with the industrial revolutionA series of developments in the eighteenth and nineteenth centuries that introduced greater mechanization and the modern urban factory into the industrial economies of many countries in Europe and in the United States. and the introduction …