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From Gotti at Dad’s Army:
RIO Tinto and its long-term shareholders know they have every reason to be fearful of Ivan Glasenberg, the chief executive of Glencore.
Glencore, which is based in the city of Zug in Switzerland, is among the most skilled operators in the world at engineering institutions and media to undermine a takeover target.
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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific's leading geo-politics and economics portal.
He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.