Kenya Launches New Railway To Reach South Sudan And Burundi
November 29th, 2013
Via the BBC, a report on a major infrastructure project that could redefine commerce in East and Central Africa: Kenya has formally launched a new, Chinese-financed railway which should extend across East Africa to reach South Sudan, DR Congo and Burundi. The first section will link the Kenyan port of Mombasa to the capital, Nairobi, […]
Read more »How China Took Control of Ecuador’s Oil
November 27th, 2013
Via Reuters, an interesting article on China’s control of Ecuador’s oil: China’s aggressive quest for foreign oil has reached a new milestone, according to records reviewed by Reuters: near monopoly control of crude exports from an OPEC nation, Ecuador. Last November, Marco Calvopiña, the general manager of Ecuador’s state oil company PetroEcuador, was dispatched to […]
Read more »What Is Goldman Sachs Doing With Venezuela’s Gold?
November 26th, 2013
Via Bloomberg, an interesting article on a report that that Venezuela’s Central Bank and Goldman Sachs are ready to sign an agreement to swap or exchange international gold reserves with a start date in October 2013 until October 2020: A while back Greece had a problem. The problem was that it wanted to borrow more […]
Read more »Sudan’s Economic Decay
November 22nd, 2013
Courtesy of STRATFOR (subscription required), a detailed analysis of Sudan’s economic woes: Sudanese protesters gather after the government suspended fuel subsidies in September. (STR/AFP/Getty Images) Summary Sudan’s descent into economic disrepair continues. Khartoum is struggling to lower its budget deficit and stabilize the exchange rate of the Sudanese pound against the U.S. dollar. Ever since […]
Read more »Forget Emerging Markets: Welcome Frontier Markets
November 21st, 2013
Via The International Business Times, an interesting look at frontier markets: After emerging markets saw currency volatility and cash outflows amid Federal Reserve tapering talk this summer, attention has shifted to so-called frontier markets, where savvy investors may make better returns. U.S. hedge fund manager Kyle Bass, of Hayman Capital Management L.P., for instance, sees […]
Read more »Kazakhstan’s Bet on Rail
November 21st, 2013
Courtesy of the New York Times, an interesting article on Kazakhstan’s efforts to build a railway network to help the region diversify its exports and end reliance on Russia: The railroad locomotive factory here on the outskirts is one of the most modern in the world, with huge yellow overhead cranes and a work force […]
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.