Science & Technology

2 Items

How sovereign wealth funds are inflating the Silicon Valley bubble

Flickr/Steve Jurvetson

Analysis & Opinions - The Conversation

How Sovereign Wealth Funds Are Inflating the Silicon Valley Bubble

| Aug. 21, 2018

Elon Musk jolted markets and shareholders when he tweeted his intention to take his electric car company, Tesla, private. Saudi billions, he proposed, could help the company escape the pressures of being publicly listed. In a blog post, Musk said that “the Saudi Arabian sovereign wealth fund [had] approached [him] multiple times about taking Tesla private”.

Alexey Miller on behalf of Russia and China sign a USD$ 400 billion dollar gas deal

Wikimedia Commons

Analysis & Opinions - Open Democracy

Sino-Russian energy relations reversed: a new little brother

| Dec. 22, 2015

In the year since Russia and China signed a landmark $400bn natural gas pact in May 2014, rapid developments in the energy sector and the geopolitical situation offer a chance to re-examine the deal. Indeed, the aftermath of the pact saw a return to a world of cheaper oil—a situation driven by a number of factors outside of Russia’s control. The buffeting winds of broadbrush western sanctions have deepened the uncertain fiscal outlook for Russia’s hydrocarbon-driven economy, calling its financial resilience into question.