China, Saudi Arabia Enter ‘New Stage’ of Financial Cooperation as Bank of China Opens Riyadh Branch
September 6th, 2023
Via South China Morning Post, an article on growing financial cooperation between China and Saudi Arabia: Bank of China (BOC) opened its branch in Riyadh on Tuesday, more than two years after being given approval by the Saudi Arabian government China’s ambassador to the kingdom, Chen Weiqing, pointed to the financial, investment and geographical advantages […]
Read more »Out With The Old, In With The Nu
September 6th, 2023
Via Latinometrics, a look at Nubank’s dramatic growth in Brazil: If disruption were a chart, the above would be it. The five giant banks of Brazil, which collectively hold $1.5T+ in assets, have remained practically unmoved in terms of number of customers in the past two years. Nubank’s uprising is not new to them; the digital bank created […]
Read more »China’s New Consul General Arrives In Oil Route Hub As Beijing and Tehran Strengthen Ties
September 6th, 2023
Via South China Morning Post, an article on growing Chinese/Iranian ties: Consul General Xu Wei takes office eight months after opening of new mission in strategically important port on the Strait of Hormuz Facing tensions with the US, China and Iran forge closer relations through cooperation deals, joint military drills and diplomatic visits China’s new […]
Read more »Why Chinese EV Battery Manufacturers Are Flocking to Hungary
September 6th, 2023
Via Rest of World, a look at how Chinese EV battery firms are being drawn to Hungary’s access to European automakers, government subsidies, and favorable relations with China: As Chinese EV companies go global, many battery manufacturers are expanding to Hungary. Strong bilateral relations and a favorable business environment have made Hungary an appealing destination […]
Read more »African Energy Boom Sparks Power Grab in Senegal
September 6th, 2023
Via Real Clear World, an article on how an energy boom in Africa has sparked a power grab in Senegal: As Senegal stands on the cusp of an energy boom with its recent discovery of substantial oil and natural gas reserves, the nation faces a pivotal crossroads between economic prosperity and the risk of descending […]
Read more »AI Fever Turns Anguilla’s “.ai” Domain Into A Digital Gold Mine
September 5th, 2023
Via Ars Technica, an interesting report on how AI fever has turned Anguilla’s “.ai” domain into a digital gold mine: Anguilla, a tiny British island territory in the Caribbean, may bring in up to $30 million in revenue this year thanks to its “.ai” domain name, reports Bloomberg in a piece published Thursday. Over the past year, skyrocketing interest […]
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.