Did you know a small group of business firms control the flow of natural resources around the globe? They’re called commodity traders, and they impact nearly ever aspect of our daily lives. Our latest Instaread offers a gripping account of key players, deals, and scandals that have shaped this enormously lucrative industry.
Money & Power
After the 2008 financial crisis, when the demand for commodities plummeted, oil traders made a killing by purchasing surplus oil and storing it. As people around the globe struggled with the recession, these traders gained the financial means to bankroll entire countries, which gave them enormous political power. Learn more in our Instaread on The World for Sale, an Economist Book of the Year.