Stay true to the dreams of thy youth

• Kim’s purge suggests trouble is brewing in North Korea - FT.com

  "An already volatile northeast Asia may be on the brink of more turbulence. Just when you thought it could not get any more unpredictable, reports of internal turmoil suggest the black hole that is North Korea just grew bigger, portending more trouble. "

  tags: asia northkorea southkorea unitedstates balanceofpower communism

• Exclusive: Gulf firms consider bid for Occidental MidEast stake - sources | Reuters

  "Three state-owned Gulf firms are considering a joint bid for a minority stake in Occidental Petroleum Corp's (OXY.N) Middle East and North Africa (MENA) unit, a deal that could be worth between $8 billion and $10 billion, three banking sources said. Abu Dhabi's Mubadala Development Co MUDEV.UL, Qatar Petroleum QATPE.UL and Oman Oil Co have formed a consortium and have picked Citigroup (C.N) to advise them, the sources with knowledge of the matter said on Monday. They spoke on condition of anonymity as the information is not public."

  tags: oxy occidental middleeast gcc oman oil gas energy unitedstates

• US shale revolution puts squeeze on European chemicals groups - FT.com

  "The US shale gas revolution is forcing a redoubling of efforts by European chemical producers to move away from low-margin petrochemicals and focus on higher margin speciality products. "

  tags: shale unitedstates energy europe petrochemicals competitiveness

• Israel, Jordan and Palestinians to sign regional water agreement - FT.com

  "Israel, Jordan and the Palestinian Authority were due on Monday to sign a regional water agreement that could later pave the way for a controversial multibillion-dollar project to address sinking water levels in the Dead Sea by pumping water from the Red Sea. "

  tags: israel palestine jordan water watersecurity energysecurity foodsecurity middleeast

Posted from Diigo. The rest of my favorite links are here.