Stay true to the dreams of thy youth

• S Korean builders’ Mideast success hurts - FT.com

  "Engineers from Hyundai E&C travelling to the Ugandan city of Jinja to build a bridge spanning the river Nile are taking part in a structural shift for the South Korean construction industry. As domestic building demand slowed in the middle of the last decade, Korean construction companies flocked to the Middle East, where they soon came to control around two-thirds of the market for power plants and oil and gas infrastructure. The world’s tallest building – the Burj Khalifa, built by Samsung C&T – looms over Dubai as an 830m-high monument to their endeavours."

  tags: southkorea middleeast gcc construction africa

• Union vote saves Boeing jet for Seattle - FT.com

  "Boeing’s 777X next-generation airliner will be mainly built in the aircraft maker’s traditional home area around Seattle after union members narrowly approved a revised version of a contract that guaranteed them the work. "

  tags: seattle airplanes transport boeing unitedstates globalization

• BBC News - Brazil World Cup: Government moves against 'abusive' air fares

  "Foreign airlines may be allowed to operate internal flights during this year's football World Cup, the Brazilian president's chief of staff, Gleisi Hoffmann, says. Ms Hoffman said President Dilma Rousseff was considering issuing a decree to open the internal market in order to prevent abusive price hikes."

  tags: brazil travel airlines commerce southamerica worldcup

• Russia advances into the Mediterranean | Nick Butler

  "Vladimir Putin has finished the year in style, consolidating Russian control in Ukraine and winning easy brownie points for the release of controversial prisoners including the oil oligarch Mikhail Khodorkovsky and two female members of the punk band Pussy Riot. The Russian president has also, in a move easily missed in the middle of Christmas, extended Russia’s position in one of the world’s most interesting new oil and gas regions – the Levant basin in the eastern Mediterranean. "

  tags: oil gas russia syria mediterranean politics balanceofpower middleeast

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