Breakingviews

Brazil’s epic water crisis a global wake-up call

November 24, 2014

Sao Paulo, a city of 20 mln, is running out of H2O thanks to creaky infrastructure, political battles, a record drought and Amazon deforestation. The humanitarian and economic cost would be immense if supplies dried up. The fiasco should drive other metropolises to action.

Review: Congo’s problems run deeper than oil

November 21, 2014

Virunga Park sits on top of reserves and between hostile states inhabited by warring militias. A new documentary casts UK oil firm Soco as the park’s top threat. Unethical exploiters are just one symptom of a nation whose institutions are too weak to assure economic stability.

Mongolia’s task: avoid Nigerian resource curse

July 5, 2012

The country, which held elections last week, is growing at a blistering rate on the back of its Oyu Tolgoi mine. Nigeria shows what can go wrong when government and private fingers get sticky - the bonanza is wasted and non-resource activity is burdened and disincentivized.

‘Peak’ resource nationalism could get messy

August 6, 2012

Miners see a silver lining in the fading super-cycle: it lets them be pickier about working with grabby governments. But existing projects will always be vulnerable to expropriation. And populist pandering doesn’t necessarily wax and wane in lock-step with commodity prices.