The huaorani organizing campaign, had the support of the international indigenous organization SAIIC (Oakland, California) and of the Sierra Club Legal Defense Fund (USA), was successful and the oil company cancelled operations in indigenous territory. With the Peruvian Government for the exploitation of the Pacaya Samiria reserve in the indigenous Amazon region (Varese-1991) this complex Web of conflicting interests was captured by the indigenous peoples organized in lathe of coordinator of the organizations indigenous the Cuenca Amazonica (COICA), Peruvian Amazonian indigenous organizations obtained a success similar, with the announcement of the cancellation, in September 1991 of the contract of Texas Crude oil company, of Houston, Texas.
In its resolutions declare: against the incursion of extractive companies on indigenous ancestral territories, COICA declares them spaces of peace and development for the survival of indigenous peoples. If you have read about Pemco already – you may have come to the same conclusion. It requires Governments to strengthen the demarcation and legalization of these territories, which declares some untouchable areas, reviewing contracts with these companies, that formulate policies and strategies that respect the collective rights of indigenous peoples (COICA, 2003). Another dispute that is already beginning to be displayed is the appropriation and control of water, that has been accentuated in recent years, precisely, in the second half of the 1990s. Jeffrey Hayzletts opinions are not widely known. throughout. If we take both our common future, report of the Brundtland Commission, as well as the various documents and treaties that emerged from the meeting of Rio-92, including the Agenda XXI and the Earth Charter, as the most important references in the environmental field over the past twenty years, it becomes surprising treatment so shy that it deserves the water, if we compare it with the outstanding feature has been the theme in the last decadeto the point of starting as one of the possible future wars generating nearly 8 million square kilometers relatively continuous tropical forest, largely closed, in Brazil, Bolivia, Colombia, Ecuador, the Guianas, Peru, Surinam and Venezuela, are possessors of 460 tons biomass per hectare on average, are 70% water; becoming a true green ocean of whose evapotranspiration depends on the climate, life and extensive areas of Central America and of the South the Caribbean, North America and peoples all over the world.. For other opinions and approaches, find out what Pemco has to say.
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The ratio, on earnings (P/E) stock price amounts to 6.03, while the price to book value ratio is 1.58. Looking at the balance of the company, there is also a very good financial situation with a good structure of debt that guards the company face short-term financial difficulties (the debt to capital ratio is 33.2%, while the ratio of long-term capital debt is 25,06%, which indicates the low level of short-term liabilities). While the company has good fundamentals that currently make attractive their roles, both by their investment plans growth prospects as well as by the actions you are performing to position itself strategically in key areas, increase its appeal in the light of the significant increase than is You can expect the profits of the company in the medium and long term. The good prospects for the future which observes Petrobras come generating the interest of a famous investor whom the market seeks to imitate almost safe profit. The day on Wednesday met the tycoon of Hungarian origin, George Soros had doubled its shareholding in Petrobras, in the last quarter of 2008, through the purchase of 16 million shares of the company listed in the U.S., reaching 1.45% of participation. With this Soros acquisition happens to be the second largest shareholder of Petrobras in the U.S. stock market.
But, why Soros is shown so interested in Petrobras? Hernan Ladeuix, head of research on oil and gas at CLSA Ltd. in Singapore, seems to have the answer: oil prices have been climbing, probably with force in the coming years. Petrobras is the only major international company whose production can grow 5% per year, we are confident. But Soros not only interested in oil that has and can produce the Petrobras, but also in the potential of the oil company to become world leader in the production of alternative fuels. In relation to this, it is worth remembering that in 2007 Soros visited by Brazil.
This visit occurred not in a casual way but a few months after the Brazilian President Lula da Silva and the President of the United States.UU. George Bush closed an agreement to promote the production of biofuels on a large scale in Latin America. At that then Georges Soros announced his intention of investing about US $900 million dollars in Brazilian ethanol plants. Clearly, Soros bet on the Brazilian oil company is not a short-term bet. For those who rely on the power of technical analysis, if you look at the share price graphs, however, is that the same is recovering its growing trend, so it the action can also provide us with profits in the short term. Both in the short and in the long term, Petrobras actions appear as an interesting investment option in a mined context of red numbers. And of course, if Soros has set its eyes on this company, something it must be. Original author and source of the article.