A good many Western firms that have been involved in natural resources in the "developing" nations since the colonial era have had to make some sharp changes in the way they handle their overseas empires. Some of the companies that have not adapted to new realities of local pride and politics have learned to regret it. The most recent example is Sime Darby, a rubber and palm-oil conglomerate in Malaysia that had been one of the stouter remaining pillars of Britain's overseas commercial empire. That pillar fell with a crash over New...
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