Commodities and Natural ResourcesMonday, April 30, 2012
2:30 PM - 3:45 PM
Eike Batista, Chairman and CEO, EBX Group
Joshua Harris, Senior Managing Director, Apollo Global Management LLC; Managing Partner and Co-Founder, Apollo Management LP
Dambisa Moyo, Author and Economist
Jayson Myers, President and CEO, Canadian Manufacturers & Exporters
Dramatic economic growth in the developing world has transformed the market for everything from corn to oil to copper. Prices for commodities have skyrocketed, boosting exports for resource-rich nations like Russia, Canada and Australia. China has been investing heavily in Africa and Brazil to access the resources needed for its huge manufacturing sector and rising consumer demand. Is this boom permanent, and if so, how should companies and investors adjust? What are the downsides for resource-dependent countries? Will rising prices create food insecurity in developing nations? Should the world be concerned by China's acquisition of rare earth metals?