By Pepe Escobar You may have heard of the N-11. Yes, it’s another clever Goldman Sachs concoction, to the benefit of that prized specimen – the “global investor”. These are the next BRICS, the new emerging powers. The N-11 is made up of: Bangladesh, Egypt, Indonesia, Iran, South Korea, Mexico, Nigeria, Pakistan, Philippines, Turkey and Vietnam. Some … Continue reading
Airbus Group, plans to double the annual value of aircraft components it sources from China to $1B by 2020. According to Reuters the news has been announced today by the firm’s China Chief Operating Officer, Rafael Gonzalez-Ripoll-Garzon. The Airbus major competitor Boeing is also trying to increase China component sourcing. Kent Fisher, Boeing Commercial Airplane’s vice-president, confirmed that during … Continue reading