Hezbollah’s Shadow Bank and Lebanon’s Disaster Capitalism
August 27th, 2024
Courtesy of Adam Tooze, commentary on Lebanon’s economic crisis: As the world weighs the horrifying scenario of a “big war” in the Middle East and the likely impact on the world economy, starting with the oil price, spare a thought for the people in the eye of the storm. Think particularly of the millions in […]
Read more »Africa’s Copperbelt and the Atlantic
August 26th, 2024
Via Geopolitical Futures, a quick summary of the Lobito Corridor, whose success depends on financing: The Lobito Corridor is a planned 1,850-km (1,150-mile) railway connecting the Democratic Republic of Congo to the Atlantic Ocean via Angola’s Port of Lobito, with an additional 500 km extension linking Zambia to the main route. Announced in September 2023, […]
Read more »Botswana Discovers $40m Diamond as Masisi Pushes For New Deal With De Beers
August 26th, 2024
Via The Africa Report, an article on how a massive new diamond find is adding fuel to the debate over how much value Botswana receives for its minerals: What might be the world’s second-largest diamond has been discovered in Botswana. It will likely add fuel to the fire in the debate over how much value […]
Read more »China’s Port Power
August 25th, 2024
Via The Wire, a report on a massive new Chinese-owned port in Peru that is set to extend the country’s influence in South America: Chancay Port Terminal, Peru. Credit: Presidencia del Consejo de Ministros del Perú via Flickr Five years ago, Chancay was just an ordinary tourist town about 50 miles from Peru’s capital, Lima, with its […]
Read more »Suriname’s Unorthodox Plan To Finance The Protection of Its Forests
August 25th, 2024
Courtesy of The Financial Times, a report on Suriname’s unorthodox plan to finance the protection of its forests by trading ‘sovereign carbon’: When Guyana’s president was asked by a BBC journalist earlier this year about the South American country’s oil exploration and associated carbon emissions, the exchange heated up. “Let me stop you right there,” […]
Read more »Dominican Republic Creates State Miner To Explore For Rare Earths
August 25th, 2024
Via Reuters, a report on the Dominican Republic’s plans to develop its mining industry: The Dominican Republic on Tuesday said it will create a state mining firm to explore and exploit the nation’s key mining resources, including rare earth minerals. The Dominican presidency said in a statement that the state firm, Empresa Minera Dominicana S.A., […]
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.