Is North Korea About to Go Capitalist?
October 10th, 2013
Via the Petersen Institute for International Economics, an interesting commentary on North Korea: Everywhere I went in Tokyo last week, Japanese officials asked me about a story that appeared in Dong-A Ilbo titled “N. Korea`s new economic system could reduce state control.” The article claims that planned reforms will turn the country off the socialist […]
Read more »Sudanese Oil: The Key To Peace And Growth
October 10th, 2013
Via Eurasia Review, an interesting look at Sudan and its oil potential: Amidst the difficulties inherent to any transition of sovereignty involving the relinquishing of economically relevant territory, the leaders of the Republic of Sudan are showing investors and the international community that permanent peace and cooperation between the two Sudans is not only possible, […]
Read more »How Iran Plays the Oil Game … and Wins
October 7th, 2013
Via OilPrice.com, an interesting article on Iran’s oil strategy: Instability in Libya and other parts of North Africa may be giving international investors the jitters. In August, U.S. energy explorer Apache Corp. said it had enough of the political upheaval in Egypt and sold its assets there to its Chinese counterpart, Sinopec. In neighboring Libya, […]
Read more »North Korea’s Newest Mega Project: Ski Resort
October 7th, 2013
Via FoxNews, a report on North Korea’s newest mega project: In this Friday Sept. 20, 2013 photo, an unfinished hotel complex stands at the bottom of a mountain slope at the ski resort construction project at North Korea’s Masik Pass. Kim Tae Yong, secretary-general of North Korea’s ski association, views the sprawling alpine landscape before […]
Read more »To This Tycoon, Iran Sanctions Were Like Gold
October 6th, 2013
Via The New York Times, a report on Iranian businesspeople who prospered while helping the regime avoid sanctions: He called himself the “economic basij,” a reference to Iran’s hard-line paramilitary organization and defender of the Islamic Revolution. He drove a black Mercedes 500 SL and wore a $30,000 watch, as befits a man who put […]
Read more »Business In Libya: A Post-Qaddafi Pause
October 6th, 2013
Courtesy of The Economist, an interesting article on Libya: A DRIVE down Gargaresh Street in central Tripoli suggests that foreign investors are having a ball in post-revolution Libya. Debenhams, a British department-store chain, opened last month. Young Libyans flock to Cinnabon, an American purveyor of sticky buns that arrived last year. BurgerFuel, a New Zealand […]
Read more »Focusing primarily on The New Seven Sisters - the largely state owned petroleum companies from the emerging world that have become key players in the oil & gas industry as identified by Carola Hoyos, Chief Energy Correspondent for The Financial Times - but spanning other nascent opportunities around the globe that may hold potential in the years ahead, Wildcats & Black Sheep is a place for the adventurous to contemplate & evaluate the emerging markets of tomorrow.