To: energyplay who wrote (23470 ) 10/4/2007 4:48:25 AM From: elmatador Respond to of 217828 Buying before the money bags arrive: The four actors – petrodollar investors, Asian central banks, hedge funds, and private equity – had collectively amassed $8,400bn in assets by the end of 2006, excluding cross-investments between them, three times what they held in 2000. Lots of money seeking good assets. Asset owners may want to sell nut are being blocked: "block Canadian oil producer's acquisition by a United Arab Emirates company." Four actors' money to go to Africa, LATAM and Asia! But ahead of them fast acting players buy before they arrive with big money bags. "Cia. Vale do Rio Doce, the world's biggest iron-ore producer, will bid in an auction tomorrow to operate a new stretch of Brazil's North-South Railway, allowing it to ship more agricultural commodities and general cargo." The guys coming from outside they know very little about God Forsaken lawless places like Africa and LATAM. The isniders always gain adavantges as you can see Portugal, Spain and Mexico advanced and gained a foothold in LATAM. This sotuh-south abttle has just begun: On the Ibsa website (www.ibsa-trilateral.org) we read that the following agreements have been signed: Memorandum of Understanding (MOU) on Agriculture and Allied Fields; MOU on Bio-fuels; Agreement on Merchant Shipping and Other Maritime Transport Matters; Action Plan on Trade Facilitation for Standards, Technical Regulations and Conformity Assessment; and MOU Framework for Cooperation on the Information Society. Brazil's large-scale investments in Africa have so far focused mainly on Angola and Mozambique, with which it shares linguistic and historical ties, bypassing SA. The behemoth mining company CVRD recently downsized its South African office and moved most of its staff to Mozambique, an indication of where they believe their priorities and future lie. Angola and Mozambique are in large parts being reconstructed by Brazilian construction companies