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Message: VZ dependence on OIL & Li Kai Shing

VZ dependence on OIL & Li Kai Shing

posted on Dec 15, 2008 06:51PM

Stratfor's daily update on global events showcased the dependence on oil of various countries similar to DuescheBanks of the weekend. The difference between to 2 services is that they est. VZ oil price/barrel to be $120/B vs $97/B to maintain social programs so that the natives do not revolt. Slimey hugo will keep spending until the late Feb referendum vote and then turn off th $$$ spigots. IRAN was second in dependence on oil prices with Nigeria and Russia following. There is real pressure building for hugo.

On another front, Google Li Kai Shing - someone on the board stated Fung has a relationship with with Richard Li(Shing Son) who manages the communication empire in Asia. LKS is the wealthiest man in Asia - he's called Superman in HongKong - Forbes top 10 wealthiest. Owns Hutchison Whampoa which operates 15% of all ports in the World including the Panama Canal. Makes sense that they would be building a new port in VZ. If Fung wants to get political with some major financial muscle, Hugo would be a deer in headlight.

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