Guayana: World’s Fastest-Growing Economy Seeks to Diversify Away From Oil
July 26th, 2022
Via Bloomberg, an article on Guyana’s efforts to diversity it economy: Guyana, the world’s fastest-growing economy, plans to use its newfound oil and gas wealth to fund investments in other sectors that will reduce its dependence on hydrocarbons, its president said. The government wants to use the revenues from its massive offshore oil deposits to […]
Read more »New Namibian Oil Discoveries
July 25th, 2022
Via News24, an article on two new oil discoveries in Namibia: Two oil discoveries offshore of Namibia are likely to bring in an equivalent R53 billion in revenues for the state, a prominent global consultancy group has estimated. In early February, Shell and its partners announced they had made a significant oil discovery at its […]
Read more »Debt Troubles in Laos Reveal Economic Turmoil in Developing World
July 25th, 2022
Courtesy of the Wall Street Journal, an article on Laos and the debt troubles facing some emerging markets worldwide: With a sinking currency, dwindling foreign-exchange reserves and hefty debt repayments to China and other creditors falling due this year and next, the tiny Southeast Asian nation of Laos is displaying many of the hallmarks of a new […]
Read more »Morocco Plans To Set Up EV Battery Gigafactory
July 25th, 2022
Via Asharq Al-Awsat, a report on Morocco’s plans to establish an EV battery gigafactory: Morocco is negotiating with electric vehicle battery manufacturers to set up a plant in the country to mesh with its existing automotive sector and cobalt output. “We hope to sign a deal for the plant before the end of this year,” […]
Read more »From the Ruins of War, A Tourist Resort Emerges In Azerbaijan
July 24th, 2022
Courtesy of Foreign Policy, an article on Baku’s efforts to turn Shusha, a fabled fortress town that was key to last year’s war between Azerbaijan and Armenia into a resort: Above a valley carpeted with dense pine forest, the rocky cliff that leads to the town of Shusha is riddled with scars left by the […]
Read more »Turkey’s Economy: Growing Despite Raging Inflation
July 24th, 2022
Via The Economist, an article on howTurkey’s economy kept growing despite raging inflation: On the wall of Savas Mahsereci’s office is a black-and-white photograph of his father and grandfather making shoe soles from recycled tractor tyres. The room is upstairs from his factory on the outskirts of Gaziantep, a city of 2m people in south-eastern […]
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.