Why are murabeni and deutsche bank profiting and surviving from Middle East oil
ML - The way the world works - analyzing how things work - En podkast av David Nishimoto
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Qataris have invested $1.2 billion on their investments in Deusche bank as 2018. Quatar assets has a estimated value 335 billion dollars. The Doha project is valued at around $15 billion In 2018 there were 27,000 residents living on the island. The island is 5.4 square miles. The island has a huge shopping mall, a marina, a theme park, and a five-star hotel The Japanese company called Marubeni corporation will be in charge of the project Marubeni is a trading company It is a huge trading company Marubeni is one of the largest trading companies in the world Marubeni has offices everywhere in the world, including in Iraq Marubeni Corporation is one of the largest of Japan’s general trading companies, known as sogo shosha. With a global network of almost 200 representative offices and more than 600 affiliated companies in 84 countries Marubeni is a member of the Fuyo Group, an industrial organization consisting of about 150 companies, including Hitachi (electronics), Nissan (automobiles), Canon (cameras), Showa Denko (chemicals), Kubota (farm machinery), and Nippon Steel Marubeni expanded its business in the United States, Australia, Brazil, Britain, West Germany, and Sweden. Marubeni also opened or expanded offices in the Soviet Union, the People’s Republic of China, the Middle East, and Africa. The company later came to operate offices in more than 100 foreign countries. In addition to the $198 million for the 13.2 million shares, Marubeni has agreed to invest another $66 million in new Sithe stock. Sithe operates 24 power plants. Marubeni is investing in renewable energy. Marubeni and the Saudi sovereign Public Investment Fund (PIF), central to the kingdom's goal to cut reliance on oil, agreed to conduct a feasibility study for producing clean hydrogen for both domestic and international markets, the Japanese firm said. PIF, which manages more than $600 billion in assets, plans to invest more than $10 billion in eligible green projects by 2026, including in renewable energy, clean transport and sustainable water management, it said last year. After the war, Marubeni expanded rapidly in China and Southeast Asia East India Company and other British merchants began to smuggle Indian opium into China illegally, for which they demanded payment in silver. By 1839, opium sales to China paid for the entire tea trade The British started a war with China taking canton, Macao, cheunpi, hong kong, amoy, chinhai, chapu, and hai Lin Hong Kong was ceded to Britain, and the Treaty Ports of Guangzhou, Amoy, Foochow, Shanghai and Ningpo were opened to all traders. The Chinese also paid war reparations. The war ended on 17 August 1842, with the Treaty of Nanking enabling the British to 'carry on their mercantile transactions with whatever persons they please'. The treaty committed the Chinese to free trade, including the trade in opium. Murabemi has offices in Dubai, Abu Dhabi, Doha and Baghdad and Riyadh.