Glencore Can Snatch Rio’s Coal, but Might Regret It
Knowing when to go in with cannons blazing and when to hold your fire is essential for all businesses, but especially for big miners. That makes Glencore’s gambit to poach Rio Tinto’s Australian coal assets from rival Chinese suitor Yancoal for $2.55 billion an interesting case. Glencore’s bid is ty…
Meet the Two Princes Reshaping the Middle East
The dramatic and sudden effort to isolate Qatar, like the fateful intervention before it in Yemen, sprang from the shared vision of two princes. Depending on your point of view, they may be the harbingers of a new and better Middle East—or reckless architects of disaster. Indeed, the region’s most i…