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GLG News by Supermarket Experts

Analysis of: Bolivia Discussing Entel Takeover (biz.yahoo.com)
In its ongoing drive to reverse the privatizations of previous years, the government of Evo Morales has indicated its intention to bring ENTEL back under government control.   As with similar efforts, it appears this will not take the form of expropriation but rather will involve compensatio...
Analysis of: Bolivia Says It Seeks to Develop Mines, Boost Taxes (www.bloomberg.com)
- Mining in “nationalization” in Bolivia will amount to tax hikes.- Economic policies of the Morales government are increasingly overshadowed by rising civil strife, regional rivalries, and a deadlocked constituent assembly.- Morales’s statements to the effect that the Constituent Assembly will not...
William Kelley, Principal
GordonBearcatResearch.com
Analysis of: Home Depot Board Faces New Outcry (www.nytimes.com)
As a former Director and Executive of HD, I make observations based on my research of how the customer is rating the shopping experience compared to that of LOW.  I have noted a significant shift in culture and attitude at HD under Nardelli's leadership and have marked changes in several...
Miguel Bunuel, Executive President
Miguel Bunuel, Executive President
EnvEco Consulting
Analysis of: Falling Oil Prices May Spell Relief for Consumers (online.wsj.com)
  We shouldn’t expect a return to cheap oil prices. A strong economy needs to be based on fundamentals, especially an ever increasing productivity.
Miguel Bunuel, Executive President
Miguel Bunuel, Executive President
EnvEco Consulting
Analysis of: EU Questions Italy’s Bid to Block merger of Autostrade, Abertis (online.wsj.com)
1. As it stands now, the merger is cancelled due to the obstacles created by the Italian government. 2. However, the merger could finally occur when the uncertainties on the new Italian road-concession tariffs disappear. But in this case, the value of Autostrade would have to decrease if the new...
Miguel Bunuel, Executive President
Miguel Bunuel, Executive President
EnvEco Consulting
Analysis of: EU orders tough new emissions targets (www.ft.com)
While the USA and nations such as China and India don’t assume emission reduction targets; the EU won’t be able to pursue alone stricter compromises for the after-Kyoto world. With the tougher right allocations, carbon markets will be much lively from 2008 on.
Miguel Bunuel, Executive President
Miguel Bunuel, Executive President
EnvEco Consulting
Analysis of: Surprise: Oil Woes In Iran (Business Week) (www.businessweek.com)
Iran needs to increase its investment in oil and gas extracting capacity, and to increase domestically the price of oil products to contain demand and increase efficiency, if it wants to keep its status as a key oil and gas exporter country. The same can be said of countries such as Venezuela. We...
Miguel Bunuel, Executive President
Miguel Bunuel, Executive President
EnvEco Consulting
Analysis of: Russia attacks the West’s Achilles’ heel (Asia Times) (www.atimes.com)
Russia is using its growing energy power as a geopolitical weapon against the European Union and the US. Western countries need to act as a whole against Russia on energy issues. This is especially true of the European Union, which should have a sole voice on these grounds, avoiding bilateral solutions...
Miguel Bunuel, Executive President
Miguel Bunuel, Executive President
EnvEco Consulting
Analysis of: Saudi Oil Minister Backs OPEC Cuts (online.wsj.com)
Fears of Saudi Arabia and Iran getting involved in Iraq’s conflict are giving rise to the possibility of sudden increases in short-run oil prices even as the supply situation remains relatively stable. The concerns over the situation in the Middle East also coincide with other factors, such as...
Miguel Bunuel, Executive President
Miguel Bunuel, Executive President
EnvEco Consulting
Analysis of: Eon/Endesa (www.ft.com)
Gas Natural’s lawyers keep finding new obstacles for E.ON in its battle to seize Endesa. It’s increasingly likely that a Spanish court of justice declares that E.ON’s bid is null.

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