Saudi Arabia Is Betting $1 Trillion It Can Become the Next Tourist Hotspot
September 4th, 2022
Courtesy of Wall Street Journal, an article on Saudi Arabia’s aims to turn its historic district of Diriyah into a major attraction for foreign visitors: Retired Arkansas accountant Dora Jane Flesher wanted a postpandemic adventure off the beaten track. In Saudi Arabia she was mesmerized by ancient tombs carved into sandstone outcroppings in Al-Ula. She was […]
Read more »A Surprise Winner as Emerging Markets Crumble: Indonesia
September 4th, 2022
Via Bloomberg, a look at Indonesia’s surprising resilience and economic calm in the face of so much global turmoil: Call it a taper tantrum, times 10. Developing nations are reeling from the double whammy of Federal Reserve interest-rate hikes and China’s economic slowdown. They are burning through foreign reserves at the fastest pace since the 2008, to […]
Read more »Eurasian Economic Union May Set Up SEZ In Cuba
September 4th, 2022
Via Russia Briefing, a report that the Eurasian Economic Union (EAEU) may establish an industrial park in Cuba: Cuba has proposed that the Eurasian Economic Union (EAEU) create an industrial park on the island, the bloc stated on Friday (September 2). The initiative has been discussed during a recent virtual meeting of the Eurasian Economic […]
Read more »Zambia’s Secret To Controlling Inflation and Strengthening Its Currency
September 4th, 2022
Via Quartz Africa, an article on Zambia’s efforts to control inflation and strengthen its currency When he first came into office, almost a year ago, Zambia’s new president was ridiculed by skeptics who called him, “the calculator boy,” for his strong focus on the economy and his background as an accountant. Looking back now, it’s evident […]
Read more »Oman Offer To Build Gwadar Railway Conjures Pakistan Port’s Past
September 4th, 2022
Courtesy of Nikkei Asia, a report on an Omani offer to build Gwadar’s railway which conjures up memories of Pakistan port’s past: A company from Oman is looking to invest in a train line that would link the Pakistani port town of Gwadar — envisioned as a key stop on China’s Belt and Road infrastructure network […]
Read more »United States’ New Africa Policy
September 4th, 2022
Via the Foreign Policy Research Institute, commentary on the Biden Administration’s new Africa policy: Imagine you’ve just been confirmed to be the US ambassador to a small country in Africa. However, before departing to take up your assignment, you learn that the administration doesn’t yet have an official policy for that country. Troubling, no? For […]
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.