Daily Reading – Tuesday, July 5, 2011
FT Alphaville: And the winning SPR bids are…
It’s a vivid account of who bought what in last month’s emergency $30m barrel oil release…
FT BeyondBRICs: China debt: Moody’s warning
The official figure for LG debt – released by the government’s national audit office last week – of $1,650bn is probably too low, say Moody’s. The real number may be much higher.
The Telegraph: Unilever’s Polman hits out at City’s short-term culture
Paul Polman, who heads the British-Dutch consumer goods group, has urged shareholders to help curb the culture of high risks for short-term returns, in a report released today.
guardian.co.uk: The ‘cold rush’: industrialisation in the Arctic – interactive
The vast Arctic wilderness is the new frontier for industrialists and investors seeking to extract natural resources and maximise profits. See what’s happening where with our interactive guide