Aug 28

Keflavik International Airport

Keflavik International Airport is small but modern, tidy and functional, so a series of signals in Icelandic and English clearly indicated us where you take the FlyBus than us It would lead to Reykjavik, 45 minutes of road. This is the most common way of approaching the city, it works very well and in a timely manner. So, like everyone else, we got on the small bus that took us between roads totally deserted (were 5 am!) to our hotel in the capital. Finally a break! Our first day in Reykjavik started with a not entirely unexpected rain, that we had to put a good face because in Iceland you have to be well prepared for a variable climate either spring or summer, rain appears when strikes it, the same wind and fortunately also the Sun. You need not fear the climate of Iceland, in summer is quite benign and warmer than one might expect. We collected a 4 4 vehicle of the rent a car close to the hotel, the most common form of move in this island, and for us also the most comfortable. After studying maps, fill the fuel tank (all a caution there is no petrol stations with the frequency to which we are accustomed in) Spain), start heading to the best-known tourist attraction of Iceland, the so-called triangle of gold in the vicinity of Reykjavik.

Without too much enthusiasm, we visited the famous Thingvellir National Park about 50 kilometers east of the capital. I say without enthusiasm because the Park has a charm because of its historical importance rather than by its scenic beauty, this according to very demanding palates, of course. In Thingvellir is where he met the first Parliament in European history and is a place of enormous significance for Icelanders. It is one of the few places in the world where you can appreciate the tectonic plate American and European tectonic plate separating above sea level.

Aug 22

Mexican Government

Calderon takes to Petrobras as an example for Pemex 19 August 2009 for the Mexican President, Felipe Calderon, the model to follow for Pemex is Petrobras (BVSP:PETR3;NYSE:PBR), with whom the Mexican oil company intends to be associated. What is what is suggesting Calderon with the Petrobras model? Expectations for the potential benefits of this Alliance are interwoven with the difficulties for its concretion and fears of a potential privatization of Mexican petroleum resources. Petroleum resources represent a basic source of income for the Mexican Government. The gradual and continuous deterioration that Pemex has had in recent years generated a sharp decline in oil resources (and therefore tax), which resulted in a strong debate about alternatives to the State oil company to restructure itself and regain production capacity. One of the latest ideas of the Mexican President, Felipe Calderon, is linked to Brazil. Petrobras is a case of success in development of resources energy for Brazil and is why it is worthy of emulation. The possibility of an alliance with Petrobras where Brazilian oil company could enter to work with Pemex to the oil production in Mexico is a good alternative to prevent opening the national oil company to private capital.

The agreement covers topics such as refining, petrochemical, exploration and production of hydrocarbons, but also extend to issues of energy efficiency and biofuels. Will be only an Alliance that Calderon intends to or aim to show the benefits of the model Petrobras, whose 60% of the capital is in private hands, to convince the population? I can not fail to mention that Petrobras, to become one of the largest companies in the world () recorded a significant structural change, said Calderon. The comparative results between Pemex and Petrobras are notorious. In the last decade, the Brazilian oil company went from a daily production of 800,000 barrels of daily oil to the current that is around 2 million barrels a day, while Pemex spent in the same period of producing 2.6 million barrels per day of oil to the almost 2 million today.

Aug 09

Venezuelan Increase

It is now a global phenomenon. More or less a year ago, the price – expressed in dollars – was higher than the rest of the world. But over the last three, four and five months the increase has been so fast that it has affected all the currencies be careful says Henisz, the transport cost, since consequences on certain goods, including food. Also the indirect costs. It continues to rise the price of oil will more be spent on alternative fuels and more resources will be allocated to renewable fuels. Since then, indicates, it has impact on the increase in the cost of agricultural products.

So there are both direct means as hints that we can foresee in the next 12 to 24 months. Adds Siegel who has seen how it has increased dramatically in recent months the price of petroleum, in particular natural gas substitutes, after having maintained stable for many years. It went not with oil, but over the last three or four months it has increased between 40 or 50%. Let us hope that OPEC knows to properly handle the situation, why continue to increase prices, the consequences will be very serious for many countries dependent on oil, all It will generate a rise in finished products, and what worries more about how poverty, hunger will increase. Absence of economic programs that help to develop the country and solve the serious problems facing in health, housing, poverty, education, quality of life can be seen in the Venezuelan case that concerns us, fortunately being a good producer and supplier of oil, the situation favors it in its economy, unfortunately.

It should the Government, manage, manage their income towards the country, avoiding both waste money for projections and political conquests, when there are many problems that resolve to ensure a better quality of life to the Venezuelan that which currently is facing, in an environment that has created an atmosphere of uncertainty, insecurity, risk. It is the opportunity to restructure its major weaknesses in education, health, housing, businesses that favor the development of products involving Venezuela to better exploit their other wealth, agriculture, mining, metals, among others. Opportunities like these should be exploited to the fullest and invest the currencies depending on the country. original author and source of the article.