North Korea’s Desire for Dollars: Sign of Trouble?
December 9th, 2022
Courtesy of the New York Times, a report on North Korea’s economy and desire for dollars: When Kim Jong-un, the leader of North Korea, ascended to power more than a decade ago, he repeated two promises that his family has made since founding the country in 1948: to strengthen the military and to improve the […]
Read more »The Future of the Kaesong Industrial Complex
November 11th, 2022
Courtesy of The Diplomat, commentary on the future of the Kaesong Industrial Complex: The security situation on the Korean Peninsula is heading toward its lowest point in recent years with North Korea’s firing of dozens of ballistic missiles last week and a potential nuclear test in the coming weeks or months. Few now seem distracted by the […]
Read more »Is North Korea’s Economy In Crisis?
September 9th, 2022
Courtesy of North Korea Economy Watch, commentary on the state of North Korea’s economy: Is the North Korean economy in a crisis following years of tough sanctions and the Covid-19 border closure? In a new report, the Bank of Korea’s answer is yes. They point to factors such as vast price increases on several basic […]
Read more »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 »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.