How Venezuela Became One Big Casino
January 14th, 2022
Via The Atlantic, a report on how – in the midst of the country’s economic collapse – casinos, and the dollar, are king again: The monkey entered the casino after midnight. It clung to the arm of a short man with a military haircut. The man stood and watched the action at the roulette tables […]
Read more »Venezuela: Decline Of An Oil Giant
January 14th, 2022
Via Oil & Gas Daily, an article on the deterioration of Venezuela’s petroleum sector: Leaks, rusted pipes, pieces of broken equipment scattered about and staircases leading nowhere: Lake Maracaibo’s oil field is a metaphor for Venezuela’s once-flourishing petroleum industry that is now on its knees. More than a century ago, the Maracaibo basin in northwestern […]
Read more »DP World Begins Construction Of Its Biggest Port In Africa
January 5th, 2022
Via The National, a report on DP World’s plans to develop Senegal’s Ndayane deepwater port with more than $1bn earmarked for investment: Global ports operator DP World has begun construction of Senegal’s Ndayane deepwater port, the Dubai-based company’s biggest port investment in Africa to date and a project that is set to boost the country’s position […]
Read more »Bangladesh: Top Frontier Market Pick
December 31st, 2021
Via The Business Standard, a look at a frontier investment firm which has named Bangladesh as one of its top country pick: Asian Frontier Capital (AFC), the investment management company behind AFC Asia Frontier Fund, expressed a bullish outlook on the Bangladesh economy and the country’s blue-chip stocks the firm prefers to invest in. The frontier […]
Read more »East Timor: The World’s Youngest Failed State
December 31st, 2021
Via Foreign Affairs, an article on East Timor: By almost any measure, Southeast Asia is thriving. The region has a population of over 600 million, brings in more foreign investment than China, and boasts a combined GDP of $2.5 trillion, larger than India’s $1.9 trillion economy. It is no wonder, then, that Indonesia, Malaysia, Singapore, […]
Read more »Islamic State Imposes Levy On Oil Investors In NE Syria
December 31st, 2021
Via Al Monitor, an article on how ??Islamic State cells are imposing levies on oil investors who have been contracted to work in oil fields in agreement with the controlling forces in northeastern Syria, as a share of the oil investment in a bid to finance their activities: Islamic State operatives stormed Dec. 15 into 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.