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The World for Sale: Money, Power, and the Traders Who Barter the Earth's Resources
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About The World For Sale: Money, Power, And The Traders
Product Description Shortlisted for the Financial Times & McKinsey Business Book of the Year Award An Economist Book of the Year The modern world is built on commodities - from the oil that fuels our cars to the metals that power our smartphones. We rarely stop to consider where they have come from. But we should. The World for Sale lifts the lid on one of the least scrutinized corners of the world economy: the billionaire commodity traders who buy, hoard, and sell the earth's resources. It is the story of how a handful of swashbuckling businessmen became indispensable cogs in global markets, enabling an enormous expansion in international trade and connecting resource-rich countries - no matter how corrupt or war-torn - with the world's financial centers. The result is an eye-opening tour through the wildest frontiers of the global economy, as well as a revelatory guide to how capitalism really works. Review "If you have the slightest interest in how the modern world was made, by whom, at what price, and at what profit, this is the book for you... Superbly researched."-Foreign Policy "Rollicking yarns from the biggest ever commodity boom . . . The high level narrative is gripping enough. But it is the details of what these freewheeling companies actually got up to that give the book a thriller-like quality . . . Educational and entertaining."-Financial Times "A fascinating and revealing story . . . There are tales in the book of breathtaking trades, such as shipments of rebel oil from war-torn Libya or deals bartered amid the brutal 'aluminium wars' in the Russia of the 1990s."-The Economist "The World For Sale contains at least half a dozen narrative threads that would form the basis of a good thriller. But the authors' main achievement is to subject the biggest commodity players, and their impact on the real world, to proper critical scrutiny."-Reuters "A colorful and alarming exposé of the shadowy world of global commodity trading... Hair-raising anecdotes... An engrossing look at an obscure yet consequential corner of the financial world." --Publishers Weekly "A virtuoso depiction of the globe's top oil, food and metals traders... Javier Blas and Jack Farchy should be awaiting the call from Hollywood. The World For Sale contains at least half a dozen narrative threads that would form the basis of a good thriller. But the authors' main achievement is to subject the biggest commodity players, and their impact on the real world, to proper critical scrutiny... The depth of the reporting by the Bloomberg journalists, who previously worked for the Financial Times, is impressive... Fascinating." --Reuters "Some of the stories beggar belief... A fascinating story, it's just incredible some of the routes that the money takes." --Lawrence Pollard, BBC Newsday "Could there be a better moment for Javier Blas and Jack Farchy's rollicking new account of [commodity] markets' recent history to land on investors' desks? ...This high level narrative is gripping enough. But it is the details of what these freewheeling companies actually got up to that give the book a thriller-like quality. The World For Sale opens with the private jet of [the late chief executive of Vitol] making corkscrew turns into Benghazi airport in 2011 so he can dodge hostile missiles and strike a deal to supply the rebel forces with oil in the middle of the Libyan civil war. That turns out to be one of the more conventional deals that pepper the narrative... Educational and entertaining..." --Felix Martin, Financial Times "If you have the slightest interest in how the modern world was made, by whom, at what price, and at what profit, this is the book for you... Superbly researched and tidily written... A clean, compelling chronicle of the central role that commodity traders have played in the global economy from the end of World War II to the present. What they found isn't pretty -- but it's plenty illuminating. --Foreign Policy "A highly readable stu
