Egypt’s U-turn On Economic Policy
February 22nd, 2022
Via The Economist, a look at President Abdel-Fattah al-Sisi’s sudden desire to empower the private sector: Tact is not Abdel-Fattah al-Sisi’s strong suit. Egypt’s authoritarian president, who overthrew an elected government in 2013, lectures his citizens for being fat and spoiled and chides foreign leaders who mention his dismal human-rights record. In recent weeks he has […]
Read more »Somali Leaders Reject ‘Illegal’ Oil Deal with US Company
February 20th, 2022
Via The Frontier Post, a report that Somali leaders have rejected a recently-signed oil deal: Somalia’s president and premier have declared null and void a deal signed by their energy minister with a US company to explore for oil and gas off the coast of the troubled Horn of Africa nation. Minister of Petroleum and […]
Read more »Sri Lanka: Out Of Gas
February 20th, 2022
Via The Bangkok Post, a report on how Sri Lanka’s foreign-exchange shortage has left the state petroleum company without dollars to buy oil: Sri Lanka’s state-run petroleum company has run out of cash to buy oil, and fuel shortages across the country could get worse, the energy minister said on Friday. Udaya Gammanpila said the […]
Read more »Taliban Looks to Private Sector to Save Afghanistan’s Economy From Collapse
February 20th, 2022
Via the Wall Street Journal, an article on how IEA officials in Kabul are casting the loss of international aid that made up 40% of the country’s GDP as an opportunity: With its economy in free fall, the Taliban is banking on private enterprise to rescue Afghanistan’s people and solidify its regime. That will be […]
Read more »How China Beat Out the U.S. to Dominate South America
February 18th, 2022
Via Bloomberg, an article on how China beat the U.S. in South America: In the hinterland of Argentina, Mario Pizarro’s office looks like a shrine to China. There’s the framed photo of a Chinese peasant with Pizarro’s face superimposed beneath the conical farmer hat. There’s the blue-robed smiling Buddha statue. And there’s the model wind […]
Read more »Turkmenistan Considering An Industrial Processing Complex On Border With Afghanistan
February 16th, 2022
Via Silk Road Briefing, a report on Turkmenistan’s potential development of an industrial processing complex on the border with Afghanistan: Turkmenistan is discussing the building of a processing industrial complex on its border with Afghanistan, following suggestions made by a Kazakhstan government delegation during a visit to Ashgabat this week. The proposed complex’s construction was […]
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.