Resource Tycoon Reborn

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Pimenyar couldn't help but be dumbfounded. Of course Fang Mingyuan couldn't spend so much time on a movie that cost only 10 million U.S. dollars. If he had that time, would it be good to find a few scripts for big-budget movies for Hong Kong Kumho Film Group? Especially

Fang Mingyuan is not only the president of Hong Kong Kumho Film Group Company, he also has many other matters to deal with. Moreover, he cannot say that Fang Mingyuan is deliberately trying to push the envelope. Fang Mingyuan is telling the truth and does not fully understand Brazilian society.

He doesn’t speak Portuguese, so it’s really difficult for him to judge whether a movie has investment value with a script written by a Brazilian!

Feng Weizhi sneered in his heart. More importantly, Fang Mingyuan still maintains a record in film history, that is, the script he personally participated in, or the script he selected, has never failed at the box office. Think about it from another angle,

We can also understand why Fang Mingyuan refused this request. This golden brand is hard to buy. Every year when a new movie of the Hong Kong Kumho Film Group is released, its box office appeal is much less than this one! It must be ruined because of a Brazilian script.

This gold-lettered signboard, no amount of money can buy the medicine of regret.

"So does Hong Kong Kumho Film Group have any plans to set up a subsidiary in Brazil?" Pimenyar still refused to give up. Your Excellency the President is so concerned about this matter. If Hong Kong Kumho Film Group can be established in Brazil

A subsidiary company, this is more or less justified, giving the president an explanation. He understands the president’s thoughts. More investment and more political achievements are always a good thing. If Hong Kong Kumho Film Group Co., Ltd. can replicate a "Melting Pot" in Brazil

""-style miracle, then the president may also leave a mark in the history of Brazilian film in the future.

Fang Mingyuan blinked. He was a little surprised as to why the Brazilians were so insistent on this matter. He had never thought about setting up a subsidiary of Hong Kong Kumho Film Group in Brazil. In his memory, he seemed to have never paid attention to it.

He had never seen any Brazilian movies, not even the "City of God". However, he did not reject it outright and said with a smile: "Minister Pimenyar, this question is a bit sudden to be honest. This time when I came to Brazil,

It’s not just for this reason, we can talk about it later.”

"That's that." Pimenyar nodded repeatedly. As long as Fang Mingyuan didn't reject the proposal outright, that would be fine.

"Minister Pimenyar and President Agnelli, can you tell me now whether what you brought me is good news?" Fang Mingyuan said with a smile.

"Well, after formal discussions by our board of directors, we at Vale are willing to work together with our colleagues under the Fang family to firmly maintain the existing pricing mechanism without making any changes." Agnelli said, "We will continue to work with representatives from China.

Negotiate this year’s iron ore price and try our best to reach a price acceptable to both parties.” Just yesterday, Argentina’s Genelli also received a call from Mitsui & Co., Ltd. Chairman Yushan Ningmi, who made it clear.

.Does not agree with the price increase proposed by Vale. Nippon Steel Corporation has also expressed its stance that it will continue to negotiate with Vale. Agnelli does not know the reason why Nippon Steel, which had already softened its tone,

Nippon Steel Corporation changed its mind, but he intuitively believed that Fang Mingyuan must be behind the scenes.

China and Japan are the two countries that import the most iron ore in Asia. As for the third place, South Korea, its influence in the iron ore market is far less than these two countries.

"Thank you. I believe that time will prove that the decision you made is correct!" Fang Mingyuan smiled, "By the way, do you two know the latest situation of the U.S. subprime mortgage crisis? I just received the latest news this morning.

."

"What news?" Pimenyar asked, and Agnelli also looked at Fang Mingyuan curiously. The United States is also an important producer and importer of iron ore. But its iron ore imports mainly come from Canada and Venezuela.

The amount of iron ore imported from Brazil is not large, so Agnelli's attention to it is relatively limited.

"Data from the American Bankers Association shows that in December last year, U.S. consumer credit defaults continued to intensify, and the overdue repayment rate has risen to the highest level since 2001! There is another thing, in December 2007 in the United States

In March, the number of new housing starts dropped by nearly 15% to 1 million households for the whole year, the lowest in 16 years!" Fang Mingyuan said.

Pineyar and Agnelli looked at each other. They both saw some worry in each other's eyes. The United States is Brazil's largest export market. Once there is a problem with the U.S. economy, it will definitely have a negative impact on the Brazilian economy.

It will have a negative impact, and what is even more frightening is that if the U.S. economy experiences a serious decline, it will have a chain reaction, affecting many countries around the world and forming a global economic crisis. This is undoubtedly a problem for the Brazilian economy, which relies heavily on overseas markets.

An extremely bad thing. And if there is a problem with the US economy, then the Chinese market will undoubtedly be more important!

"Actually, I also got a piece of news, but it has not been confirmed yet. The Federal Reserve is likely to cut interest rates by 75 basis points. This will be the largest interest rate cut by the Federal Reserve since the 1980s!" Fang Mingyuan said leisurely,

"The United States, the world's economic engine, seems to be really in trouble. At this time, everyone needs to stick together for warmth, strive to support each other, and tide over this crisis together. Hehe, if there are no fish left,

, no matter how big you dig the fish pond, it will not be of any use in the short term. You two said, is this the truth?"

"Mr. Fang is right!" Pineyar said solemnly. He was wondering if a large-scale economic crisis really happened in the United States, what significant impact it would have on the industries under his jurisdiction. Needless to say, iron ore

Yes, sales will definitely be affected. He is more worried about oil. Oil has now exceeded one hundred dollars per barrel in the international market. If Brazil had not been able to basically guarantee domestic oil supply, otherwise,

Just importing oil can give the Brazilian Finance Minister a headache. But if oil prices drop significantly, it will also be a very difficult matter.

Pineyar coughed slightly and said: "Hey, Mr. Fang, I guess you already know it, right? Our Brazilian Petroleum Company will announce in the near future that the estimated oil and gas reserves of the Lula Oilfield are 5 billion to 8 billion barrels.

Oil equivalent…”

Before he finished speaking, his mobile phone on the table suddenly rang. Fang Mingyuan picked it up and glanced at it, with a wry smile on his face and said: "You two, just now, the Federal Reserve has officially announced an emergency interest rate cut of eight months.

Fifteen basis points to 3.4 percent!”

"What?" Pimenyar and Agnelli almost jumped out of their beach chairs. Eighty-five basis points, this is really a substantial interest rate cut that has not been heard of by the Federal Reserve in the past ten years. You can see

The crisis in the U.S. financial system has pushed the Federal Reserve to what point! This news will undoubtedly make countries around the world even less optimistic about the prospects for this year’s economic development!

Agnelli couldn't help but think of what Fang Mingyuan said when they first met, "You will soon see the price of Changxie Mine and spot iron ore upside down." The price inversion must refer to the spot price of iron ore.

It is lower than the Changxie mine price, and over the years, the spot price has always been higher than the Changxie mine price. This is also the basis for the three major mining companies to demand iron ore price increases every year. He thought again, Pimenyar

However, he was reminded that Your Excellency the President is absolutely unwilling to see large-scale layoffs at Tamsui River Company at the end of his term!

If there is an obvious recession in the global economy, the mineral trading market, including iron ore, will naturally not be able to survive alone. In order to ensure the financial security of Tamsui River Company, it is a normal response to reduce production costs and reduce ore output...

Agnelli doesn't want to break Vale's historical record of no losses since its privatization in his own hands! That means that his position as president may also be in jeopardy.

"It seems that the cold wind of the global economy is not far away from officially blowing." Fang Mingyuan sighed, "I wonder if you two have noticed that the iron ore shipping industry has now shown some signs of decline.

Aren't there many vacant iron ore transport ships outside your country's ports?" Pimenyar turned his attention to Agnelli, who nodded slightly.

"I'm afraid BHP Billiton Group and Lnm are also aware of it and just wanted to sign a long-term iron ore supply contract. President Agnelli, do you think this is possible?" Fang Mingyuan said to Agnelli.

Agnelli's heart tightened. Only a few people in Vale knew about the secret contact between Lnm and Vale. Where did Fang Mingyuan know about this? Where did he expect that Aselock Group had

Lnm Company's vigilance can be said to be constant. Otherwise, there is an old saying in China: "The person who knows you best is your enemy."

"Huh? Rogge, Lnm Company wants to sign a long-term iron ore supply contract?" Pimenyar turned around and asked.

"Yes, we are in contact and have the intention." Agnelli nodded with a wink. Pimenyar understood and stopped asking.

"Actually, when I come here this time, I also want to reach a ten-year long-term iron ore supply contract with your company on behalf of Huasheng Group Company." Fang Mingyuan said calmly, "I just don't know if your company is interested in this? Look.

Since both of us have many consensuses and Minister Pimenyar and His Excellency the President are my old friends, I plan to purchase 100 million tons per year!"

[Thank you all for your continued support. This time, I will start to click on the 515 Fan Festival’s Writers’ Hall of Glory and the General Selection of Works. I hope you can support it. In addition, there are some red envelopes at the Fan Festival. Get one and continue to subscribe!

】(To be continued.)

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ps: Happy holidays to everyone!