tag:blogger.com,1999:blog-4900303239154048192.post1337380099601069012..comments2024-03-06T06:34:42.881-05:00Comments on EconoSpeak: The Mopani Copper Mine in Zambia – Role Model for Trump’s Infrastructure Investment?Unknownnoreply@blogger.comBlogger3125tag:blogger.com,1999:blog-4900303239154048192.post-82250013553379767762017-04-17T04:23:33.178-04:002017-04-17T04:23:33.178-04:00Samdwichman - thanks for this link. Very interesti...Samdwichman - thanks for this link. Very interesting reading. Income shifting with respect to oil has been a ig deal since the 1990's. It seems when the Big Four decided to discuss Russia's transfer pricing rules in 2012, they did this in Cyrpus not Moscow. Of course Cyprus is a well connected tax haven so why not.ProGrowthLiberalhttps://www.blogger.com/profile/17138489390594441753noreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-64085251811576068792017-04-16T17:17:35.343-04:002017-04-16T17:17:35.343-04:00from Wilbur Ross will shepherd Trump’s trade polic...from <a href="" rel="nofollow">Wilbur Ross will shepherd Trump’s trade policy. Should he also own a shipping firm?"</a>:<br /><br />Connections to a Russia deal <br /><br />Russia’s alleged influence on the Trump administration is being hotly debated on multiple fronts in Washington, and the FBI is looking into whether anyone associated with Trump’s campaign coordinated with Russian operatives.<br /><br />Diamond S Shipping’s business relies heavily on a handful of customers, including Glencore PLC, whose deal to invest in Russian national oil company Rosneft has drawn scrutiny from American and European regulators.<br /><br />In December 2016, Swiss-based commodities giant Glencore announced it would join with Qatar’s sovereign wealth fund to buy a 19.5 percent stake in Rosneft. The deal marked the biggest foreign investment in Russia since the United States and the European Union imposed sanctions in 2014 because of the country’s military occupation of Ukraine’s Crimea region. <br /><br />Glencore provided more than 10 percent of Diamond S Shipping’s revenue during the fiscal year that ended March 31, 2013, according to the company’s SEC filing.<br /><br />The deal reportedly gives Glencore a new supply deal for Russian crude oil.<br /><br />A Glencore spokesman, Charles Watenphul, referred the Center to Public Integrity to previous statements by the company saying its investment in Rosneft is in compliance with all applicable sanctions. Sanctions permit Rosneft to sell oil. Watenphul also noted that Glencore is one of the largest charterers of oil tankers in the world and works with many tanker owners and operators, not just Diamond S Shipping.Sandwichmanhttps://www.blogger.com/profile/11159060882083015637noreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-80099558229667103212017-04-16T17:11:15.626-04:002017-04-16T17:11:15.626-04:00Are you suggesting some sort of connection between...Are you suggesting some sort of <i>connection</i> between <a href="https://www.pri.org/stories/2017-03-23/wilbur-ross-will-shepherd-trump-s-trade-policy-should-he-also-own-shipping-firm" rel="nofollow">Wilbur Ross and Glencore</a>?Sandwichmanhttps://www.blogger.com/profile/11159060882083015637noreply@blogger.com