Archive for the ‘Romania’ Category

Romania’s Hot Economy Is Attracting Foreign Workers

Via The Economist, a look how Romania is changing from a country of emigrants to one of immigrants: A generation ago Romanians queued for food. Today in Bucharest the queues are back, but those standing in them are not Romanian. In one street Ukrainian refugees line up in front of an aid-distribution centre. In another […]

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Attractive Frontier Markets (According To Citi)

Via CNBC Africa, a report on frontier markets: Egypt, Kenya and Romania come out as most attractive Frontier Markets (FM), while Kazakhstan, Vietnam and Morocco come out least attractive. Here is what the model says about the top 3: ? Egypt leads the pack thanks to a host of supportive signals, including valuations (PE and […]

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Virtuous Circle of Investing in Emerging Economies

Very interesting comments by James Leitner (money manager for Falcon Management) in a recent edition of The Deal magazine regarding developing countries and the link between human rights & economic empowerment and prosperity in the developing world.  As the article notes: “…Developing countries are no longer trapped at the periphery of the investable universe. Foreign […]

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Frontier Markets: E(Merging) into the Mainstream?

As reported in The Wall Street Journal, “frontier markets” are up nearly 100% or more in dollar terms, according to a Standard & Poor’s index.  As the article notes, such markets – despite their small size and often poor infrastructure – are attracting increasing attention: “…Nigeria, has even outpaced China during the past 12 months, […]

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More Pipe(line) Dreams? Nabucco’s Future

Via Energy Daily, an excellent review of the proposed Nabucco natural gas pipeline, a 2,050-mile-long, $7.3 billion project connecting the Caspian region, Middle East and Egypt via Turkey, Bulgaria, Romania, Hungary with Austria and further on with the Central and Western European gas markets.  As the analysis concludes, the success of the pipeline project rests […]

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China’s Growing Influence in Kazakhstan

As noted in the Eurasia Daily Monitor, Kazakhstan – despite its efforts to symbolically broaden its foreign policy with recent Presidential visits to places such as Syria, UAE, and the Balkans – and investments such as KazMunayGaz’s recent acquisition of a 75% stake in Romania’s Rompetrol Group, the Balkan pipeline route and East European markets […]

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Wildcats & Black Sheep is a personal interest blog dedicated to the identification and evaluation of maverick investment opportunities arising in frontier - and, what some may consider to be, “rogue” or “black sheep” - markets around the world.

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.