By Jason Simpkins Associate Editor Merrill Lynch & Co. Inc. (MER) has raised its annual infrastructure-spending estimate for emerging markets by 80%, as developing countries try to keep pace with fast-growing economies and large cash reserves, BusinessWeek reported. Investment in infrastructure, which the firm sees as the long-term solution to inflation, will rise from $1.25 trillion to $2.25 trillion annually over the next three years. And China, the Middle East, and Russia will account for 70% of infrastructure spending. The report from Merrill Lynch pointed out that Xstrata PLC (OTC: XSRAY) recently predicted emerging markets would spend $22 trillion on infrastructure in the next 10 years. “That estimate is among the highest we’ve seen,” the report noted, “with an implied run rate of $6.6 trillion over the next three years.” Estimated Infrastructure Spending For the Next Three Year...

Getting into the oil and gas game is no small feat as many race to claim their share of the energy prize. Most companies have already staked their claim and are working to get oil out of the ground. Others are working to find wells and leases that have been left for dead. It may not be as easy as it was years ago, but for those companies that can stick at it, there’s plenty of profit left to be had.

Sun Cal Energy Inc., an exploration stage oil and gas company, works to find and extract oil and gas from new and existing oil and gas deposits. The company continues in its exploration stage with partial and 100% interests in several leases. In its own right, and through its subsidiary Sun Cal Energy Canada, Inc., the company controls several thousand acres of recognized oil and gas properties while maintaining over

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I'm in China right now. Every time I return, I am amazed at how drastically the skyline has changed. The pace of construction here is dazzling. In fact, I've seen estimates that as many as 75% of the world's construction cranes are in China. What were empty lots now contain office towers and condominium complexes so tall that you can't see the top of the buildings through the smog. The quaint hutongs, or traditional residential lanes and small streets that originated during the Yuan Dynasty (1271-1368), have been razed and replaced with shopping malls. The reason for the juggernaut growth is simple: China Is Experiencing the Largest Human Migration in the History of Mankind Reminiscent of other industrial revolutions around the world, a massive tidal wave of working class Chinese from ...