China is the new Germany. At the end of the Second World War, Germany was an “emerging market.” It was industrializing rapidly and producing brisk economic growth.

At times, you can tell a country by the company it keeps.  Indonesia just announced it plans to leave the Organization of the Petroleum Exporting Countries (OPEC), the infamous cartel that tries to push our oil prices through the roof.

The relationship between BP and the shareholders in its Russian joint venture, TNK-BP, Russia’s third largest oil firm, has very publicly fallen apart, reports Britain’s The Guardian newspaper:

Yesterday BP and the Russian shareholders were forced to acknowledge differences over strategy, with the Russian billionaires who own 50% of the company arguing that TNK-BP, Russia’s third-largest oil producer, should be able to expand abroad even if that meant its coming into direct competition with BP itself.

There’s gold in the mountains of China…And this company is drilling the hills…This is definitely one to watch…

By most technological measures, the U.S. is still way out in front. But in some key areas, like broadband technology and high-speed Internet access, much of the world has left America behind.

If you didn’t get a chance to read Saturday’s email, you won’t have seen what my trusted colleague, Manraaj, calls “the biggest growth story of the next 50 years”.