Wagner-Linked Gold Miner in Sudan Halts Operations Over Conflict
September 19th, 2023
Via Bloomberg, a report on s Wagner-linked mining company in Sudan: A Sudanese gold mining company linked to the Russian mercenary Wagner Group has suspended operations because of conflict in the North African nation. Al-Sawlaj Gold Mining Co. has been shuttered since mid-April and its Russian staff have been evacuated, Huweyda Mursal, a legal adviser […]
Read more »The Massive Guatemalan Operation That Wants to Sell Americans Their Old Clothes Back
September 18th, 2023
Courtesy of Bloomberg, an interesting look at Guatemala, a nation which imports 250 million pounds of used clothing a year—and the largest buyer, Megapaca, is starting a US website: Standing atop several long, sturdy wooden tables at an industrial park in Escuintla, Guatemala, 40 young men and women pull shirts, dresses, slacks and other garments […]
Read more »Economy In Focus: Belarus
September 18th, 2023
Via Emerging Europe, a look at how the economy of Belarus has adjusted to sanctions and the loss of key export markets slightly better than expected, but the future is deeply uncertain: International media coverage of Belarus, home to nine million people, focuses almost entirely on its leader, Alexander Lukashenko, his close relationship with Russian […]
Read more »The Potential of Palestinian Gas and the Role of Regional Powers: From Promise to Action
September 18th, 2023
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 […]
Read more »Afghanistan’s $6.5B Mine Deals with China, Others Dig Up Questions
September 18th, 2023
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 […]
Read more »Guyana Is World’s Most Booming Economy — And Is Set to Grow 38% This Year
September 17th, 2023
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 […]
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.