I’ve just finished my newest article for Taipan Insider, our exclusive newsletter to Taipan Publishing Group subscribers.

I was musing on a BBC News article talking about how some Europeans feel about the European Union, and its latest expansions. To be sure, there has been a lot of grumbling about propping up economically distressed Eastern European members, like Hungary and Poland.

And there has also been some upset about jobs and factories moving east to take advantage of lower wages and costs, and about immigrants to Western countries taking jobs from locals.

Quite reminiscent of what’s happening here in the States with Mexican workers, yes?

Well, this got me thinking why the European Union would want to include Eastern European countries in its membership in the first place… It had to be something other than spreading “inclusive democracy,” right?

Of course… In fact, on Thursday, the Czech Republic will hold an “Eastern Partnership” summit with six former Soviet states to discuss energy and trade ties. The Czech Republic currenty holds the presidency of the European Union, and the former Communist country may just be the right fit to entice closer ties with ex-Soviet states.

My Taipan Insider article goes into more depth about just what’s at stake here. Be sure to read it.

I just spoke to Gareth Stokes, editor with MoneyWeek SA, who I interviewed for my latest investment report and video. It’s election day in South Africa, and I wanted an on-the-ground report about how things were going. Here’s Gareth’s take on the day so far…

It’s 18:15 and the voting is well underway. Voting stations opened at 07:00 and will close at 21:00 so there’s still quite a way to go. I drove by some of the local stations and the queues are long; but everything is proceeding peacefully. Took me two hours from beginning to end to cast my votes. Counting begins after 9pm and we will probably have a good indication of the final results within 48 hours. Pre-election polls (not as accurate as those used in the US) forecast 67% for the ruling party (African National Congress) and around 13% for the next biggest party, the Democratic Alliance. Incidentally there are 26 parties on the national ballot - of which eight are expected to secure 99% of the vote (meaning the other 18 share 1% and are pretty much non-entities).
 
Electoral officials expect more than 80% of the 23m registered voters to make their mark.
 
What else can I say - it’s been a very quiet and uneventful day. There was a crime related shooting at a rural voting station early this morning (one of the electoral officers was wounded in an attempted robbery) and there have been one or two claims of ballot fixing (involving 100 ballot papers)…

I’ll post again tomorrow if there are any results… And I have more to share in Taipan Insider tomorrow.

I just finished my article for Taipan Insider… South Africa’s elections are happening this Wednesday, and Jacob Zuma is predicted to be the next president, with his ANC party taking many of the seats in Parliament.

I’m working on my in-depth research report on the country, and the accompanying video, but I wanted to share a couple links with you about the elections.

South Africa: Township reports
Zuma to Lead South African Democracy Hurt by His Rise
South African Party Leader Shrugs Off Suspicions

It’s time for another peek at our exclusive newsletter for Taipan Publishing Group subscribers, Taipan Insider.

I told you on Monday that the Chinalco-Rio Tinto deal was delayed for another 90 days. I think the deal will eventually go through, and that would mean another bump in share prices in the mining industry.

In the meantime, I wanted to share with you an article I wrote for Taipan Insider about China buying up assets and natural resources around the world. From March 5… Enjoy.

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