Cambodia: Economic Revival Hinges On Chinese Tourists
January 19th, 2023
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 […]
Read more »Venezuela’s Economic Inequality
January 19th, 2023
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 […]
Read more »UAE Investors Visit Port City Colombo
January 19th, 2023
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 […]
Read more »UAE’s Mubadala to Focus on Asia Deals as China Recovers
January 19th, 2023
Via Bloomberg, a report on UAE’s Mubadala plans to focus on Asia and China in 2023: Mubadala Investment Co. plans to focus on investments in Asia this year as China recovers from the pandemic faster-than-expected and India’s economy continues to grow. The $284 billion Abu Dhabi wealth fund expects a “strong recovery” in China this year and […]
Read more »Africa Will Get A New $1B Spaceport In Djibouti
January 19th, 2023
Via Quartz, a report on a planned new spaceport in Djibouti which is expected to include seven satellite launch pads and three rocket testing pads, and will be the first orbital spaceport on the continent: Africa could soon get a new spaceport after Djibouti signed a partnership deal with Hong Kong Aerospace Technology to build a […]
Read more »Egypt’s Economic Crisis Is a Golden Opportunity
January 18th, 2023
Via Project Syndicate, commentary on how Egypt’s current economic crisis could be a golden opportunity to reform the economy by rooting out cronyism and reducing the military’s outsize role in the economy: Egypt is on the brink of a financial and economic abyss. The portfolio inflows that fueled its sovereign debt market have dried up, repeated […]
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.