The world’s third-largest oil importer is diversifying oil imports away from the Middle East and is buying crude from North and South America, according to various reports. A first cargo of Brazil’s grade Tupi was booked by Mangalore Refinery and Petrochemicals Ltd., reported Bloomberg. State-run Hindustan Petroleum Corporation and HPCL-Mittal Energy Ltd, have also placed … Read more
17% revenue growth is expected between now and 2022, according to a recent report by Research and Markets. Currently, revenues for these 20 countries is $3.5b. The 2022 number will be $4.1, and of the 20 countries, 5 countries will make up 75% of that revenue. The 17% gain in revenue will be from 5m … Read more
Saudi Arabia and other neighbors of Qatar have accused Qatar of supporting terrorism and embracing Iran, and have cut it off. Diplomatic communications and air transport was halted. Embassies, borders, air space, and maritime access (40% of Qatar’s food supplies come from Saudi Arabia by boat) were shut off. It is considered a dramatic escalation … Read more
The exiled spiritual leader of Tibet, the Dalai Lama, spoke to German press this week about his current situation, also commenting on the current refugee crisis in Europe. The Dalai Lama has previously spoken in favor of sheltering all refugees in need, but in his interview with Frankfurter Allgemeine he also said that the numbers had … Read more