Papua New Guinea’s Planned Gold Monopoly Will Weigh Economy Down
April 27th, 2024
Via Nikkei Asia, an article on Papua New Guinea’s plan to now send their gold overseas for processing: Gold has long been one of Papua New Guinea’s top exports but its vital contribution to the country’s economy is now at risk. Prime Minister James Marape is pushing for parliamentary votes next month on two bills that […]
Read more »India: New Global Green Hydrogen Powerhouse?
April 26th, 2024
Courtesy of Illuminem, a report on India’s green hydrogen ambitions: India’s growing population and fast-paced economy are skyrocketing demands for energy, enabling infrastructure, and new manufacturing capacity. Today, India is the world’s third-largest carbon dioxide emitter after China and the United States. Continued reliance on fossil fuels would exacerbate existing socioeconomic imbalances, as worsening pollution […]
Read more »Sri Lanka Leases White Elephant Airport Built With Chinese Loans
April 26th, 2024
Via Barron’s, a report on Sri Lanka decision to lease a white elephant airport built with Chinese loans: Sri Lanka said Friday it had leased a white elephant international airport built with Chinese loans to a foreign joint venture, as the island nation’s bankrupt government seeks to offload loss-making assets. The small airport near a […]
Read more »Dubai Firm Pledged $13 Billion for 20 Years of South Sudan Oil
April 26th, 2024
Via Bloomberg, an article on a significant loan from an obscure UAE company which may tie up most of South Sudan’s oil revenues for many years: A little-known company run by a distant relative of the Abu Dhabi royal family agreed to lend 12 billion euros ($12.9 billion) to South Sudan in exchange for repayment […]
Read more »Pacific Pivot: Maldives Cosying Up To China
April 26th, 2024
Via The Economist, a report on the Maldives’ growing closeness with China: The maldives tends to evoke images of cocktails enjoyed on pristine white beaches framed by gently swaying palm trees. Thoughts of geopolitics rarely feature. Yet they were to the fore this week as the People’s National Congress, the party of President Mohamed Muizzu, won […]
Read more »Chinese Food Delivery Giant Debuts In Riyadh As International Growth Accelerates
April 26th, 2024
Via South China Morning Post, an article on Chinese food-delivery giant Meituan’s debut in Saudi Arabia: Meituan is said to be working to launch its KeeTa app in the Middle East, with Riyadh as the first stop The firm’s Middle Eastern approach is likely to rely on a familiar subsidy-heavy strategy to draw in users […]
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.