An already oligopolistic and highly concentrated industry (mining/resources) will become even less competitive with the Glencore-Xstrata deal. - in Roubini`s Official Twitter
Related, Freeport-McMoRan Copper & Gold Inc. (FCX), Vale ADR (VALE), Rio Tinto plc ADR (RIO)
Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.