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Date: | Fri, 5 Jul 2002 14:34:49 -0500 |
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Shawn Gordon ([log in to unmask]) wrote:
: well taking this practical argument into consideration, why are we trying
: to stop a nuclear war between Pakistan and India? seems like it would
: solve the whole population problem for a long time.
:
: <tongue firmly planted in Cheek>
:
The U.S. companies with operations in India would expect to have their
claims against their Overseas Private Investment Corporation-provided
insurance paid in full. OPIC's current reserves are only $ 4 Billion.
OPIC's political risk insurance covers both civil and international war...
http://www.opic.gov/insurance/welcome.htm
OPIC Insurance Main Page
"OPIC'S OBJECTIVE:
To promote and facilitate U.S. investment in emerging market economies
by helping businesses manage risk.
Expertise
"Interest in political risk is growing rapidly, driven by investors'
reluctance to invest in emerging market debt in the aftermath of the
financial crisis in Asia, Russia and Latin America. Although the
crises were not caused by any sovereign exchange controls, investors
are nevertheless seeking additional coverage for sovereign risk."
- Standard & Poor's
Risk (risk), n. 1. Exposure to the chance of injury or loss; a hazard
or dangerous chance. Risk in today's increasingly global marketplace
can take many different forms. Risk is a very real factor in business
and investor decision making, and managing that risk is paramount to
the ultimate success or failure of any international activity. Whether
it is the expropriation or nationalization of your assets or losses
that result from politically motivated violence such as civil or <<===
international wars, these risks affect businesses across the globe <<===
every day. OPIC Political Risk Insurance provides the security and
peace of mind necessary to pursue opportunities in emerging markets,
places where the rules of the game can change drastically and
suddenly."
--Jerry Leslie (my opinions are strictly my own)
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