I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!

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Saturday, 21 April 2012

China, Iceland announce deal on oil-rich Arctic

Createwealth8888: The Artic will be drilled. Will that benefit Kep Corp?

REYKJAVIK - China and Iceland announced a deal on the oil-rich Arctic region Friday after Chinese Prime Minister Wen Jiabao flew in to Reykjavik on the first stage of a four-nation European tour.


The deal was part of a package of six agreements signed on the first day of the Chinese premier's visit to the country, during which he held talks with his Icelandic counterpart Johanna Sigurdardottir.

The Arctic's oil reserves were high on the agenda for energy-hungry China during the high-powered delegation's visit to Iceland.

Iceland's strategic location near the Arctic has not gone unnoticed in China, the world's biggest energy consumer, as the shrinking of the polar ice cap makes the region's mineral resources more accessible

Posted by Createwealth8888 at 19:31
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