On oil traders, transparency and delicate politics
By adopting this apparent sense of balance, Swissinfo gets itself tied into awful knots. One such knot has just cropped up in an article about secretive oil traders, who have taken to using the Swiss canton of Zug to provide them with secrecy and low taxes.
“Obscurity is a big part of the business. . . Transparency is not always a good thing when making a deal with a government because in many cases it is so closely linked to a delicate political situation.”
An interesting choice of words (admittedly the words of someone else, not Swissinfo). This TJN blogger, with long experience of researching oil-rich African countries like Angola and Nigeria, knows very well what he means by "delicate political situation" when oil trading companies meet governments (as a rule, the traders are far dirtier and more secretive than the oil producing companies themselves, though the latter do sometimes try quite hard to keep up).
Let's provide a translation for readers.
“Obscurity is a big part of the business . . . Transparency is not always a good thing when making a deal with a government because in many cases it is so important to pay a bribe.”
Secrecy - don't they just love it.