Will BRICS Throw A Lifeline To Dollar-Strapped Egypt?
August 28th, 2023
Via Al Monitor, a report that some economists believe BRICS membership will give Egypt a chance to ease pressure on the dollar, but is not a quick remedy for the country’s economic woes: Egypt will become a full member of the BRICS club of emerging economies as of January 2024. The group had approved Cairo’s request to […]
Read more »BRICS Bloc Grows Heft With Saudi Arabia and Other Mideast Powers
August 24th, 2023
Courtesy of Bloomberg, a report on BRICS expansion: Major emerging market nations invited top oil exporter Saudi Arabia, Iran, Egypt, Argentina, Ethiopia and the United Arab Emirates to join their bloc in a push to expand its global influence. Leaders from Brazil, Russia, India, China and South Africa agreed to enlarge their BRICS group from Jan. 1 at a summit held in Johannesburg, […]
Read more »Egypt: Promises of Prosperity Have Made The Country Flat Broke
August 10th, 2023
Courtesy of Foreign Policy, an article on how the coup leader-turned-president promised Egyptians prosperity, but the country is flat broke: Throughout much of the summer of 2013, Egypt was in the grips of what could be described as “Sisi-mania.” Songs, sandwiches, music videos, poems, and even pajamas paid tribute to Abdel Fattah al-Sisi, the military […]
Read more »New Kids in The Block: BRICS, MINT, and Now D-8
August 4th, 2023
Via Modern Diplomacy, an article on the Developing-8 (D8) group of countries that comprise Bangladesh, Egypt, Indonesia, Iran, Malaysia, Nigeria, Pakistan, and Türkiye. Cooperation is a fundamental resource for populous countries on the way to rapid economic and industrial development: for this reason, the case of D-8 is worthy of attention. Globalization unravelled enormous economic opportunities but also opened […]
Read more »The Emerging World’s Diabetes Problem
July 22nd, 2023
Looking at the Visual Capitalist’s diabetes rates by country in 2021, a worrying trend quickly becomes clear: developing countries such as Pakistan, Egypt, Mexico, and the Pacific Island states are facing significant challenges ahead: Mapping Diabetes Rates by Country in 2021 Despite advancements in healthcare lengthening life expectancy across the world, there are still many […]
Read more »Egypt Raises $1.9 Billion From Sale of State-Owned Companies
July 12th, 2023
Via Al Monitor, a report on Egypt’s progress in selling state-owned entities in response to its economic crisis. Gulf states have hinted that they may not support Egypt as much as they have in the past: Egypt has signed $1.9 billion in deals to sell state-owned companies, the government announced on Tuesday as it continues to navigate […]
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.