Weyer et Rich, le couple qui a fait de la Suisse une puissance pétrolière

January 26, 2017

LeTempsLogo Un banquier genevois et un négociant zougois ont inventé le trading de pétrole moderne et son financement. Une poule aux œufs d’or qui a aussi donné à la place helvétique un fumet sulfureux. Troisième volet de notre enquête sur la naissance du négoce de matières premières en Suisse. Read the rest of this entry »


The Secret Pipeline

December 22, 2016

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financialsense

Israel, Iran, Marc Rich and the Secret Pipeline:
Jim Puplava interviews Daniel Ammann on Financial Sense Newshour


King of Oil: How two phone calls from Ehud Barak to Bill Clinton may have led to President Trump

November 27, 2016

haaretzCom Marc Rich worked for the Mossad while also doing business with world despots. Giuliani and Comey were on his tail before Bill Clinton pardoned him in his last hours in the White House. He may be the cornerstone on which Hillary Clinton’s opponents built her corrupt image. By Eytan Avriel Read the rest of this entry »


Glencore’s Zinc Rationale Defies History

October 15, 2015

bloomberg“You shut up!/No, YOU shut up!” is how schoolyard scuffles kick off. Miners tweak it slightly to: “You shut down!/No, YOU shut down!” Ivan Glasenberg, the chief executive of Glencore, has long bemoaned miners’ tendency to literally dig themselves into a hole with too much supply. As concern about Glencore’s swollen debt has hit the stock price, Glasenberg has recently taken himself at his word, ordering a temporary shutdown of some of the company’s zinc output. That caused the price of the metal to jump 10 percent last Friday. But history suggests Glencore’s fight to raise zinc prices sustainably could be a tough one.

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Glencore’s Biggest Risk Is Hiding in Plain Sight

September 30, 2015

bloombergWhat you don’t know can hurt you, so it’s understandable that analysts have raised questions about Glencore’s opaque commodity-trading business. Without the ability to work out how it makes money, the unit is a “black box,” according to Morningstar’s David Wang. But there’s more to fear from what’s in plain sight. Capital spending has been the biggest single drain on Glencore’s cash flow in every year since it started the takeover of Xstrata in 2012

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IPO是嘉能可永失巅峰的伤痛

September 29, 2015

路透此篇逾1万字的特别报导发表于2011年,当时数家投资银行在争夺嘉能可IPO的承销权。此文提及嘉能可内部对是否上市也充满矛盾,因为担心其一直独领风骚的赚钱密诀将因IPO而不得不披露。因此,IPO或许将是该公司的巅峰时刻。不幸,一言成谶! Read the rest of this entry »


Blühende Geschäfte im Verborgenen

March 14, 2015

NZZlogU. Sd. Jerusalem ⋅ Warum sich um Ideologie kümmern, wenn der Gewinn lockt? Die pragmatische Devise scheint sowohl in Israel als auch in Iran Anhänger zu haben, und wenn nicht alles täuscht, gedeihen die israelisch-iranischen Geschäftsbeziehungen bis heute im Verborgenen ganz ordentlich, quasi als merkantiles Nachtschattengewächs.

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