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 »Africa’s true size will blow you away
October 6th, 2013
Via io9, a very interesting graphical look at Africa:
Read more »To Invest In Frontier Markets, Private Equity Is the Only Way To Go
October 6th, 2013
Via Real Clear Markets, an interesting commentary on the role of private equity in frontier market investing: Emerging markets are cooling down, which has investors looking deeper into the frontier for attractive returns. This year alone, $3 billion in fresh capital has flowed into the frontier through various mutual funds and ETFs that provide exposure […]
Read more »Myanmar’s $8B Jade Empire
September 29th, 2013
Via Business Insider, an interesting look at Myanmar’s jade industry: A jade merchant inspects the most valuable jade lot that will be auctioned at the Mid-Year Emporium in Yangon November 13, 2007. Tin Tun picked all night through teetering heaps of rubble to find the palm-sized lump of jade he now holds in his hand. […]
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.