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August 5, 2005

Capital Flows
China, the US and the geopolitics of oil

The CNOOC Unocal saga is over. But CNOOC's ambitions remain: Energy market experts now expect Cnooc, which is controlled by the Beijing government, to explore opportunities throughout the Asia-Pacifi…

August 9, 2005

Capital Flows
Iran, Nukes, China, Oil, and a few other things

I wonder if Iran's intransigence is any way related to this? Obviously, the risk of a supply disruption, whether in Saudi Arabia, Iran or Iraq is one reason why oil prices are high. But I suspect tha…

August 22, 2005

Capital Flows
The Wall Street Journal oped’s page idea of a “serious” policy on Iran

Is to keep Iran out of the World Cup (see Monday's Wall Street Journal).    That is serious?Moscow's boycott of the Los Angeles Olympics had such a profound impact on US policy ... How about a seriou…

August 25, 2005

Capital Flows
Peter Galbraith and Iraq

I think the folks over at TPM Café are right: David Brooks' latest New York Times column is a real flip-flop.  He has gone from celebrating the United States firm commitment to universal democratic p…

October 2, 2005

Capital Flows
A consequence of saying no to China’s (oops, CNOOC’s) bid for Unocal?

Or just the natural result of expectations that China's demand for imported energy will soar in the future?  Probably a bit of both. China clearly has no particular desire to export democracy, or ev…