The Great Venezuelan Oil Bust
February 10th, 2014
Via the Globe and Mail, an interesting look at Venezuela’s petroleum industry: When Venezuelan oil minister Rafael Ramirez recently announced an ambitious new target of six million barrels per day by 2019, the state-run press heralded the imminent expansion of an industry vital to the country’s health. But people here heard the news and rolled […]
Read more »Frontier Markets: Investing In Mongolia
February 8th, 2014
Via Forbes, a report on Mongolia: On the outskirts of Ulaanbaatar, a nomadic family of herders is sitting outside their ger (the family tent commonly called a “yurt” in the West) watching Bloomberg TV…on a high-definition flat-screen television powered by a mobile solar generator and a satellite dish. As Harris HRS +2.92% Kupperman, President of […]
Read more »Smart Development: How Colombia, Mexico, and Singapore Beat the BRICS
February 5th, 2014
Via Foreign Affairs, an interesting report on the importance of – when comparing emerging economies – considering more than just economic growth rates and examining nations’ capacity to develop thriving welfare systems and ensure human development: The past two decades have been all about the BRICS: a group of five countries (Brazil, Russia, India, China, […]
Read more »Equatorial Guinea: Squandered Riches
February 5th, 2014
Courtesy of the Financial Times, a detailed look at how the tiny oil-rich African nation of Equatorial Guinea is suffering from the resource curse: Standing nearly five storeys high, the granite headquarters of the Democratic Party of Equatorial Guinea epitomises the power of this small country’s ruling party. A pastiche of Middle East extravagance, false […]
Read more »MINT, BRICS, And The Fragile Five
February 3rd, 2014
Via the Business Insider, an article on an interesting Venn Diagram tweeted by economist Duncan Weldon: At the moment, everyone’s focused on the group in the center, the Fragile Five, since each of those have unique domestic stories threatening their growth status. The circle on the right, the BRICS, is the old grouping of hot […]
Read more »Is Cuba Going Capitalist?
February 3rd, 2014
Via Ozy, an interesting look at Cuba: Cuba’s new business leaders are as different from the 1950s’ legendary bearded guerrillas as an all-electronic Tesla is from the vintage gas-guzzling Chevys that still cruise the streets of Havana. In post-Soviet Russia, ambitious bureaucrats connived to purchase state-owned oil and gas companies. In Cuba today — emerging […]
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.