Oil, Collusion, Collaboration and Economic Growth

Oil and the Stock Market

The mere suggestion of discussion between Saudi Arabia and Russia about the price of oil is enough to raise both the price of the commodity and share values in the oil price-dependent stock exchanges.

Collusion and Global Trade

Collusion in global trade is neither new nor is it transformative as an economic development strategy. Saudi Arabia recognizes this fact in the diversified investments of its sovereign wealth fund; investments which now include Uber.

In 1982, every US politician crawled from under his or her protective rock to declare the Export Trading Company Act of that year to be the greatest thing since sliced bread. The act permitted collusion (cooperation) among corporations, freight forwarders and other related entities making the effort to win foreign markets. It didn't work because unlike Japan replete with its Sogo Shosha, the US is not a homogeneous society or business community.

Collaboration

Collaboration among disparate disciplines is already paying off in everything from the fight against cancer to the creation of software and the sale of software services.

There is mounting evidence that the goal of achieving a comprehensive platform for engaging in global trade, a platform which has 30 separate functions and features at my last count, is indeed achievable; through collaboration among legacy systems, banks, multilateral financial institutions, Fintech Fintech Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Read this Term companies, insurance companies, global trade platform providers, regulators, the ICC and SWIFT. Coming soon to a neighborhood near you!