Eurasia Group’s weekly selection of essential reading for the political risk junkie – presented in no particular order. As always, feel free to give us your feedback or selections @EurasiaGroup or @IanBremmer.
By The Associated Press
With great trading comes great responsibility. For China, the bragging rights of being the world’s #1 trader don’t offset the perceived political obligations that come with it. What will this mean when China becomes the largest economy in the world overall?
By Daniel Bukszpan, CNBC
The space market is skyrocketing. First, take the black market that arose in the wake of the meteor striking Russia last week—even space debris is subject to the corruption and supply/demand forces at play in Russia. This article outlines how Planetary Resources, Inc. aims to mine asteroids that travel close to Earth. Says the CEO, “a single 500-meter LL chondrite has more platinum on it than has been mined in the history of humanity.”
Of the 1,223 billionaires in 2012, 102 have signed the Gates-Buffett pledge to donate half of their total worth over the course of their lives. Finding emerging market billionaires who’ll contribute has proven a lot more challenging: one Indian (out of 48) and no Chinese (out of 95) have signed on thus far.