Tanzania Signs $2.2bln Railway Deal With China
December 23rd, 2022
Via Terra Daily, a report on Tanzania’s recent $2.2bln railway deal with China: Tanzania on Tuesday signed a $2.2-billion contract with a Chinese company to build the final section of a railway line aimed at linking the country’s main port with its neighbours. The 2,561-kilometre (1,600-mile) line will link the Indian Ocean port of Dar es […]
Read more »Cuba’s Bustling Black Markets Hold An Important Economic Lesson
December 23rd, 2022
Via Eurasia Review, commentary on Cuba’s black markets and economic condition: Black Markets have always been regarded as networks where buyers and sellers transact goods and services notorious for being morally wrong. Things like hard drugs, illegal prostitution, or guns that are not registered are among the many elements people cite when someone introduces the […]
Read more »Is India’s Adani Group Too Big To Fail?
December 18th, 2022
Via Quartz, a look at how Adani’s rise over the past few years has been meteoric. But can India afford his failure? The Indian companies belonging to Gautam Adani, the world’s third-richest man, have soared in value at breakneck pace. Some of Adani’s listed companies—such as Adani Green Energy, Adani Enterprises, and Adani Transmission—have seen their […]
Read more »Crude Diplomacy: Venezuela “Oil Be Back”
December 18th, 2022
Via The Economist, an article on the recent U.S. decision to start lifting sanctions on Venezuela: Things have changed in Caracas, Venezuela’s capital. Traffic jams, absent for years, now clog up roads. Political posters, which used to loom over the city preaching grim mantras such as “socialism or death”, have been replaced by advertisements for whisky […]
Read more »Iran’s Economy: Too Poor To Strike
December 18th, 2022
Via The Economist, a report on Iran’s fragile economy: Calls for a general strike are all over Iranian social media. It is a nod to history. When oil workers went on strike in October 1978, Iranian oil output fell by two-thirds and the shah’s regime struggled to pay its bills. Subsequent general strikes brought the […]
Read more »Why The US Is Backing The Africa Continental Free Trade Area
December 17th, 2022
Via Quartz, a look at how ore investments in Africa could see the Biden administration reduce China and the EU’s dominance in trade with Africa: The US is optimistic that if the Africa Continental Free Trade Area (AfCFTA) is implemented the right way, it could help the continent solve most of its industrial challenges and attract more foreign […]
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.