Development banks seek to revive world’s biggest power project
The planned Grand Inga hydropower complex in the DRC has been stalled for decades.
The recent pullback of the market has created some value opportunities. Out of all the healthy sectors in the global economy, the leading mining companies are some of the best bargains on the market. With P/E ratios all under 12, and earnings growth remaining high, the stocks are trading cheaply. Some concerns with the miners have been the expected falls in commodity prices due to a slower economy in the United States and inflation in emerging markets.
