Archive for September, 2023

Building BRICS — A  Limited Win for China and Warning for the U.S.

Via The Wire China, commentary on how Washington needs to do more to keep the swing states of the Global South onside; The recent decision by the BRICS countries — Brazil, Russia, India, China and South Africa — to expand the group’s membership made splashy headlines. But now it is time to assess what this move means […]

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The Potential of Palestinian Gas and the Role of Regional Powers: From Promise to Action

Via Modern Diplomacy, an article on the Gaza marine gas field: Recent progress on the Gaza marine gas field’s development is positive news and highlights the potential for mutually beneficial agreements in the East Mediterranean. The preliminary approval by Israel of the Palestinian field’s development and exploitation is outcome of mediation efforts exerted by Egypt […]

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Afghanistan’s $6.5B Mine Deals with China, Others Dig Up Questions

Via Nikkei Asia, an article on how the Taliban face feasibility and security doubts as their regime aims to shore up economy: An Afghan Taliban drive to stabilize the economy and improve sentiment toward the regime through new mining deals with Chinese and other companies is drawing skepticism. Faced with international sanctions and a bleak economic […]

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Guyana Is World’s Most Booming Economy — And Is Set to Grow 38% This Year

Courtesy of Bloomberg, a look at how massive crude deposits first drilled by Exxon are transforming Guyana which – last year – grew 62%: Guyana’s economy will expand 38% this year as a wave of oil wealth transforms the South American nation, the International Monetary Fund said Monday. Massive offshore oil deposits first drilled by Exxon […]

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Walmart Goes All In on Africa

Via Wall Street Journal, a report on Walmart boosting its online efforts at Massmart as part of renewed bet on fast-growing consumer markets in Africa: Walmart’s investment in Africa tanked.  It is responding by doubling down.   More than a decade ago, Walmart spent $2.4 billion to buy a controlling stake in South African retailer Massmart, which also […]

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Silk Road vs. Spice Route:  IMEC and Its Implications

Via Modern Diplomacy, commentary on IMEC (India-Middle East Corridor) and its implications: PM Modi’s opening remarks at the G20 Meeting made references to overcoming the crisis of mutual trust among nations and the turbulent state of the global economy. The culmination of the G20 Summit 2023 in Delhi has resulted in some crucial developments in the […]

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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.