Natural Resources and Rising Worldwide Demand
Tuesday, October 18, 2011 / 3:45 pm - 4:45 pm
Javier Blas, Commodities Editor, Financial Times
Marc Bailey, President, Jefferies Bache Ltd.
Lord John Browne, Partner and Managing Director, Riverstone
Mick Davis, Chief Executive, Xstrata PLC
Mark Elborne, President and CEO, GE UK & Ireland
T. Boone Pickens, Entrepreneur and Philanthropist; Founder, BP Capital
Commodity prices soared in recent years, driven partly by growth in emerging markets and partly by speculation. But now the prices of many raw materials have abruptly deflated. Do the sharp falls in oil and copper signal a global slowdown? Gold has taken a breather, but will it climb again as investors seek a safe haven? With the prices of food staples remaining near historic highs, how can we protect vulnerable populations from market volatility? Given this volatility, do companies need to think more about how to bring energy costs down? What will be the impact of new regulations governing derivatives trading and of China's hold on the market for rare earth minerals?