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Politics : Politics for Pros- moderated

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From: LindyBill	3/29/2007 1:29:43 PM
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"Someday I hope to build on it!" BARNETT ARTICLE: "Starr to Invest In Real Estate Inside Russia," by Liam Pleven, Wall Street Journal, 26 March 2007, p. C3. A group set up by Hank Greenberg is diving in. He'll focus on prime office space, hotels and residential housing. A Starr spokesman says the company is "comfortable' about the political situation there. Compare that to yesterday's post on Chavez and you begin to see why Russia is Core and Venezuela is Gap. Ditto for China ARTICLE: "Intel Aims to Build Bigger Profile in China: Chip Plant Is Designed To Court Local Clients, Government Officials," by Don Clark, Wall Street Journal, 26 March 2007, p. B6. The reverse domino in action: Vietnam needed that $1B chip plant to keep up with the Joneses to the north who are getting a $2.5 B chip plant. So Intel sinks $3.5B into East Asia--just like that! This is big step for Intel. Past plants in China was just for packaging and testing. This is a pure build play. thomaspmbarnett.com

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