North Korean Efforts To Acquire Foreign Currency
August 13th, 2022
Via The Diplomat, a look at the North Korean government’s persistent efforts to acquire foreign currency which reflects the severity of the economic crisis the country is facing: In recent years, the North Korean government has intensified efforts to collect foreign currency held by its citizens. This situation not only reflects North Korea’s lack of foreign […]
Read more »North Korea’s Capitalist Pigs
June 25th, 2022
Via NK News, a look at how the private market brought pork to the table in North Korea: North Korean founding leader Kim Il Sung once famously promised that every citizen would soon be able to eat meat (that is, pork) soup daily. However, three decades of attempts to create a state-controlled system of pig farming ended in […]
Read more »North Korea Breaks Ground on 10,000-home Residential Housing Drive
March 5th, 2022
Via CNN, a report on a large scale housing project in North Korea: North Korea has started work on a sprawling 10,000-apartment residential project as the country embarks on a housing drive in its capital, Pyongyang. Amid major economic woes brought about by trade sanctions and the Covid-19 pandemic, leader Kim Jong Un attended a ground-breaking ceremony […]
Read more »More Than A Game: How North Korea Might Exploit New Video Games for Crypto
January 21st, 2022
Via The Diplomat, a report on how North Korean hackers are likely to include new play-to-earn (P2E) crypto games within their illicit cyber-enabled financial schemes: Pyongyang has demonstrated growing interest and capability in exploiting new financial technology to obtain valuable foreign currency needed for its weapons development programs. Given the rising popularity in trading cryptocurrency, North […]
Read more »North Korea Plans to Dig Deep Into Renewable Energy Alternatives
December 9th, 2021
Courtesy of The Diplomat, an article on North Korea’s plans to expand its use of renewable energy: Pyongyang has signaled an increased interest in using renewable energy to address its national energy crisis and economic challenges, which North Korean leader Kim Jong Un blames mostly on U.S. and U.N. sanctions. However, North Korea has only used its nuclear […]
Read more »Samjiyon: North Korea’s Newest Ski Resort
November 18th, 2021
Via Silk Road Briefing, a report on North Korea’s newest ski resort project: North Korean leader Kim Jong Un has been in the news this week making a rare public appearance at the town of Samjiyon, close to the border with China’s Jilin Province. While much of the Western media commentary was full of barbs criticizing […]
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.