The Philippines Bet Big on Online Casinos. It Didn’t Go Well.
July 25th, 2024
Via the Wall Street Journal, an article on a recent decision in the Philippines to shut down gambling platforms that cater to demand from outside the country, including players in China: For years, high rollers from China have flouted their country’s ban on gambling by getting their fix online. Livestreamed games of baccarat, roulette, poker and […]
Read more »In Fuel-Guzzling Saudi Arabia, Electric Cars Pique Interest
July 25th, 2024
Via Energy Daily, a report on growing EV interest in Saudi Arabia: For Hamed al-Rafidain, a Saudi human resources worker, an electric vehicle offers welcome savings, especially since his other car is a fuel-guzzling four-wheel drive favoured by motorists in the desert kingdom.The 39-year-old is part of a small but growing EV consumer base in […]
Read more »Eritrea Suspends Ethiopian Airlines Flights, Airline Says
July 25th, 2024
The Eritrean government has suspended Ethiopian Airlines from operating in the country from Sept. 30. The East African nation, which neighbors Ethiopia, is accusing Africa’s biggest airline of “malicious trading practices” including luggage theft, price hikes, and regular flight delays. Ethiopian Airlines only resumed operations in Eritrea in 2018 after a peace agreement between the […]
Read more »Gas Pains: Myanmar Is Running on Fumes
July 25th, 2024
Via The Diplomat, an article on Myanmar’s gas crisis: Myanmar’s domestic gas production is plummeting. The country’s biggest gas field, called Yadana, is nearing the end of its lifetime. According to Thai energy data, Thai imports of Yadana gas have dropped 47 percent since the military takeover of February 2021, which has plunged the country […]
Read more »Recharging The New Silk Axis
July 24th, 2024
Via Eurasia Review, commentary on CPEC: Approximate routes for the China Pakistan Economic Corridor (CPEC). This map is for illustrative purposes only. Credit: RFE/RL CPEC is one of the significant components of the grand project BRI (Belt Road Initiative) that brings Pakistan closer to the world economy. The first phase of CPEC was to $18 […]
Read more »Cuba’s Economic Crisis Triggers Mass Exodus
July 24th, 2024
Via Semafor, a look at the dramatic impact of Cuba’s economic crisis: More than 10% of Cuba’s population left the island nation between 2022 and 2023, prompted by a severe economic downturn and a widening government crackdown. Despite allowing the creation of private businesses for the first time in decades, the country’s state-run economy has collapsed as […]
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.