Mexico, the Un-Brazil
August 23rd, 2011
Via The Foreign Policy Association, an interesting comparison of Mexico and Brazil: Mexico’s technocrats have been seething at comparisons with Brazil for years. Who could blame them? From 2004-2009 Brazil’s growth rate doubled that of Mexico’s, just one of many indicators (foreign direct investment, exports, poverty reduction) that spelled Mexico’s—long self-annointed as Latin America’s vocero—comeuppance. […]
Read more »Mongolia Energy Riches Attract Neighbors and Outside Interests
August 20th, 2011
Via Celsias, a report on Mongolia’s natural resource bounty that is now attracting serious interest from companies & countries around the globe: Pity poor Mongolia, bereft of fiscal resources, caught between the ambitions of its superpower neighbors, Russia and China. Ulaan Bator’s situation is akin to interwar Poland, dexterously attempting to reconcile its foreign policy […]
Read more »Pakistan Seeks Local Funds for Iran Gas Deal Opposed by U.S.
August 18th, 2011
Courtesy of Bloomberg, an article on Pakistan plans to borrow $300 million from local banks to build a pipeline that will carry natural gas from neighboring Iran, easing its worst energy crisis that is curbing economic growth. As the report notes: “…Local state-owned companies will provide about $210 million in equity for the $1.3 billion […]
Read more »Brazil’s Middle Class: Poorer Than You Think
August 18th, 2011
Via The Financial Times, an interesting report on the realities and misunderstandings about Brazil’s middle class. As the article notes: “Talk to an economist about Brazil and sooner or later the same old cliché will pop up: ‘the rise of the middle classes’. This stock phrase has become the go-to explanation for pretty much everything […]
Read more »Burma’s Currency Crisis
August 17th, 2011
Courtesy of The Financial Times, a report on Burma’s rather surprising currency crisis: “…The kyat has appreciated by almost 25 per cent on the grey market over the past year, and the country’s export industries, never in good health at the best of times due to a combination of sanctions and the government’s economic illiteracy, […]
Read more »China Turns To Mongolia For Natural Resources
July 17th, 2011
Via The Washington Post, an interesting article on China’s increased interest in, and acquisition of, Mongolia’s natural resources. As the report notes: Overlooking a deep black gash in the Gobi Desert, Od Jambaljamts watched Caterpillartrucks rumble across the rim of the world’s biggest undeveloped coal deposit — and mused on Mongolia’s good fortune to have […]
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.