Twelve Billion Barrels is a Lot of Oil

Saturday, September 12, 2009

Dear Reader,

Every Saturday we send you links to videos and articles that caught our attention during the week. We call it The Saturday Round-up.

Brazil has exactly what an emerging economy needs: energy, food and agricultural capacity, a strong manufacturing sector and a growing middle class. We can profit!

12 billion barrels is a lot of oil…

Brazil’s economy is rebounding faster than most because of the strength of the domestic demand

Strong domestic spending means more visitors to Fortaleza.

Asia’s major economies are picking up. Is this being reflected in real estate markets? Meantime, the car crash that is Dubai’s real estate market continues.

Property sales in China surged 60% by value in the first seven months this year.

Mega developers from the Gulf States dust themselves off and look to Asia.

Even the local mega developers and financiers are running for the door. Dubai is bankrupt and in the midst of one of the biggest crashes ever.

Ronan McMahon



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