Chapter 831 New Situation

On November 25, the newly appointed Italian Prime Minister Mario Monti approved the decision to sell the shares of United Power Group held by the Ministry of Finance.

The sale of state-owned shares this time can bring more than 13 billion euros of revenue to Italy, thus alleviating the increasingly severe sovereign debt crisis in Italy.

As a "return", in the bidding for 5-year government bonds with a total amount of 3 billion euros conducted by Italy last week, the asset management company under Standard Chartered-Merrill Lynch subscribed 1 billion euros of government bonds at an interest rate of 6.29%.

It is worth mentioning that a month ago, the interest rate of the same 5-year government bond of Italy was only 5.32%.

This also shows that the market's confidence in Italy's sovereign debt has declined.

After purchasing the shares of United Power Group held by the Italian government, United Energy Group's shareholding in United Power Group has risen to 72.5%, reaching absolute control.

After the news came out, the share price of United Energy Group rose again, with a daily increase of 3.5%. It is obvious that the market is optimistic about their acquisition.

At this time, Barron and Yulia Moore have arrived in Kolo.

In Britta, the capital of Kolo, Natasha, a Russian girl from Ukraine, is already waiting here.

This time, they came to Kolo to help Yulia "realize her dream".

The best comprehensive hospital in Britta is Devonshire Hospital, which is funded by the Devonshire Charity Foundation.

The top reproductive medical team from London has arrived here.

Next, they will complete Natasha's conception, so that she can give birth to Barron and Yulia's offspring...

After the success, Natasha will stay in Kolo for ten months, and will not be taken to England with the child until the child is born.

...

Kolo President Thomas Kaboré has completed his visit to Nigeria and returned to the country.

Taking advantage of Barron's visit to Britta, Thomas met with him.

Through Jammeh Bongo's two terms in office, Kolo's economy has achieved leapfrog development.

After Thomas Kaboré took over the presidency of Kolo, what he needed to do, in addition to Kolo's external development, was to maintain Kolo's social stability.

Because the establishment of the West African Free Trade Zone has objectively relaxed the flow of people between Kolo and neighboring countries.

But in comparison, Kolo is better than its neighboring countries in terms of economy, and the treatment of citizens in all aspects and the infrastructure are more complete.

This has caused a considerable number of people from neighboring countries, including Ghana and Burkina Faso, to enter Kolo to find job opportunities - the same job here can earn higher income.

Of course, this is indeed good for Kolo in some aspects - migrant workers can provide Kolo with more relatively cheap labor.

After all, because of the increase in income, many Kolo citizens are no longer keen on some heavy labor, and even if they participate in such work, the remuneration required is higher.

Similar to Lijiapo, they have achieved long-term development by introducing a large number of foreign workers to provide cheap labor for their economic construction.

To put it bluntly, it is to exploit foreign workers to provide better treatment for the country's citizens.

Of course, Kolo can do this, but at the same time, it will also bring more complicated governance work to Kolo.

Because with the influx of more foreign workers, it will inevitably affect Kolo's social security.

Data shows that the influx of foreign workers in recent times has also caused Kolo's overall crime rate to rise, and has also put pressure on areas including medical care and education.

At the same time, because foreign workers have relatively lower wage requirements, this has actually caused some conflicts between local residents and foreign workers in job opportunities.

These are all problems that Kolo needs to solve as soon as possible.

At present, Kolo is continuously recruiting more police officers to ensure police coverage and maintain good social security.

In addition, they also need more industrial investment to provide more jobs.

For example, the low-end mobile phone assembly factory of the Dopod brand built by Honor Electronics in Kolo not only provides Kolo with quite high-quality jobs, but also its related upstream and downstream industrial chains can provide more jobs.

The same is true for the military production center established by Standard Defense in Bogu, a small town in the north of Kolo. Because the production of gunpowder and weapons is dangerous, and some of the jobs require low technical content, but the corresponding income is still high, many workers have been attracted to Bogu, making this northern town the size of a small city.

Next, many companies controlled by Barron will gradually transfer some low-tech industries to Kolo.

In addition, Kolo will once again carry out a wave of infrastructure construction and invest in transportation, water conservancy and other aspects of the country. In addition to providing more jobs, it can also improve Kolo's transportation and agriculture.

With the Kolo offshore oil field as a "money printing machine", the Kolo government is not short of money. In this round of infrastructure construction, they will make a plan to invest a total of 100 billion Kolo shillings (approximately 100 billion U.S. dollars)…

"Peninsula Oriental Group has established a maritime school in Port Loti, the largest port in Kolo, and is training sailors for young people in Kolo..."

From the information obtained, Barron can see:

“By cultivating more local seafarers in Kolo, in addition to providing relatively high-paying jobs for locals, we can also significantly reduce the personnel costs of the peninsula’s eastern ocean shipping by hiring Kolo crews, thus enhancing their competitiveness. ”

Through additional investment, Peninsula Oriental Group currently holds 15% of the shares of Loti Port and has participated in the operation of Loti Port to improve the operation level of West Africa's largest port.

At the same time, after receiving funds, Loti Port will carry out a new phase of expansion construction, adding two bulk cargo shipping terminals and a container terminal.

And Loti Port will also expand the scale of its oil terminal - after the completion of the oil pipeline from Niger to Loti Port, Loti Port will also increase oil products in addition to the oil products mined and refined in Kolo. Loading and unloading scale.

It can be said that in the near future, in addition to continuing to be the largest port in West Africa, Port Loti will also challenge its position as the largest port in Africa.