Archive for January, 2023

Congo President Demands More From $6.2 Billion China Deal

Via Bloomberg, an article on Democratic Republic of Congo President Felix Tshisekedi’s recent criticism of a $6.2 billion minerals-for-infrastructure contract with China Democratic Republic of Congo President Felix Tshisekedi criticized a $6.2 billion minerals-for-infrastructure contract with China, saying the world’s largest producer of a key battery metal hasn’t benefited from the deal. Congo, Africa’s second-largest nation […]

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North Korean Famine: Worst Since 1990s

Via 38North, a report on the growing famine in North Korea: North Korea is dealing with a complex humanitarian emergency that has food insecurity at its core.[1] As of August 2022, both quantity and price data point to a deteriorating situation, made worse by the regime’s choice to self-isolate in response to the COVID-19 pandemic. Food […]

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China Still Reluctant To Use Its Power and Influence In Eurasia

Via the South China Morning Post, commentary on how China is still reluctant to use its power and influence in Eurasia, despite crises in Ukraine and Afghanistan This year marks the first decade of the Belt and Road Initiative. While the vision might have evolved from the speeches President Xi Jinping gave in Astana and Jakarta in […]

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Cambodia: Economic Revival Hinges On Chinese Tourists

Via the Asia Times, a report on how Cambodia’s economy has underperformed and will likely continue to underwhelm until China brings back its ‘green gold’ in the form of visiting tourists: The many unfinished buildings — most owned by Chinese investors — lining the streets of the coastal town of Sihanoukville may be symptomatic of the […]

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Venezuela’s Economic Inequality

Via Foreign Policy, an article on Venezuela’s economic inequality where, as high-end stores open in Caracas, the poor are getting poorer: In mid-November, a glassy Saks Fifth Avenue-like department store opened in Caracas’s wealthy commercial district of Las Mercedes. The store, Avanti, is owned by a Palestinian-Venezuelan businessman and sells high-end fashion brands—Balenciaga, Gucci, Versace, Valentino—and […]

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UAE Investors Visit Port City Colombo

Via The Daily FT (Sri Lanka’s first and only national daily business paper), a report on recent Emirati investor delegation visit to Port City Colombo: A delegation of investors from the United Arab Emirates, led by Sheikh Mohammed Bin Maktoum Bin Juma Al Maktoum, visited Port City Colombo on 14 January, during a special visit […]

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ABOUT
WILDCATS AND BLACK SHEEP
Wildcats & Black Sheep is a personal interest blog dedicated to the identification and evaluation of maverick investment opportunities arising in frontier - and, what some may consider to be, “rogue” or “black sheep” - markets around the world.

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.