GIFT City: India’s Free-Market Oasis Aims to Take On Singapore and Dubai
December 2nd, 2022
Via Bloomberg, an interesting look at India’s efforts to create a finance hub that will become the next Singapore or Dubai: India’s newest financial hub is rising from scrubland near the banks of the Sabarmati River once dominated by marsh birds and grazing buffalo. In the state of Gujarat, just a few glass-fronted towers greet the 20,000 employees […]
Read more »UAE Plans Global Energy Push With $150 Billion of Spending
November 29th, 2022
Via Bloomberg, an article on the United Arab Emirates’ main energy company’s plans to boost investment to $150 billion over the next five years: The United Arab Emirates’ main energy company will boost investment to $150 billion over the next five years, speed up an increase in oil-production capacity and list some of its natural […]
Read more »$7bn Saudi Hydrogen Plan To Unleash Thailand’s Green Power Potential
November 29th, 2022
Via Recharge News, a report on a Saudi ACWA’s new $7bn hydrogen plan to unleash Thailand’s green power potential: Saudi renewables developer ACWA Power is partnering with the Thai state on a plan to develop a massive $7bn green hydrogen and ammonia plant in Thailand — the first of this size earmarked for the south […]
Read more »Mongolia Puts Faith In Chinese Railway To Boost Covid-Battered Economy
November 29th, 2022
Courtesy of The Financial Times, an article on Mongolia’s hopes that a Chinese railway will help boost its Covid-battered economy: Mongolia opened a new rail line to China on Friday that the landlocked country’s prime minister said would help it weather the zero-Covid controls that have disrupted cross-border trade with its powerful neighbour. “The opening of […]
Read more »Most of the World’s Soccer Balls Come From Pakistan
November 29th, 2022
Via Bloomberg, an article on how Sialkot, a city in northeast Pakistan, produces about 70% of the world’s supply—including Adidas’s Al Rihla, the official ball of the 2022 FIFA World Cup in Qatar: If you have a soccer ball in your house, there’s a pretty good chance it came from Sialkot, a city in northeast Pakistan […]
Read more »Debt-Ridden Ghana Plans To Buy Oil With Gold Instead Of Dollars
November 25th, 2022
Via Business Insider, an article on Ghana’s recent decision to buy oil with gold instead of dollars, as foreign currency reserves dwindle to an alarming low: Ghana’s government is planning to use gold to pay for oil instead of shelling out US dollars. The move is expected to reduce the “persistent depreciation” of the cedi, the […]
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.