A bulge in a high wall
- 23rd September 2008
- Rod King (1949-2019)
The third week of September 2008 may well prove to have been the axis of the shift from an American/Anglo centre of world financial influence to one centred on the sovereign funds of the Middle East and China. New powers are rising around the world. A resurgent Russia and a dynamic India are vying with Europe and China for their "place in the sun."