Van Oord has won two orders in Brazil and the Bahamas. The activities involve dredging work for the construction of a new shipyard in Aracruz, Brazil. The client is Estaleiro Jurong Aracruz (EJA), a Brazilian subsidiary of Sembcorp Marine’s Jurong Shipyard from Singapore. In the Bahamas, three ports will be upgraded on the instructions of the Ministry of National Security as part of the Sandy Bottom Project. Both orders have a joint contract value of more than EUR 100 million The execution of both projects has already started. The project in Brazil will be completed in late 2014. The work in the Bahamas will be completed in early 2016.
By Ralph Benko
Professor Paul Krugman is leaving Princeton. Is he leaving in disgrace?
Not long, as these things go, before his departure was announced Krugman thoroughly was indicted and publicly eviscerated for intellectual dishonesty by Harvard’s Niall Ferguson in a hard-hitting three-part series in the Huffington Post, beginning here, and with a coda in Project Syndicate, all summarized at Forbes.com. Continue reading “Is Paul Krugman Leaving Princeton In Quiet Disgrace?”
By George Friedman
There is a general view that Vladimir Putin governs the Russian Federation as a dictator, that he has defeated and intimidated his opponents and that he has marshaled a powerful threat to surrounding countries. This is a reasonable view, but perhaps it should be re-evaluated in the context of recent events.