Archive for the ‘Sri Lanka’ Category

US Lends $553M To Majority Adani-Owned Port in Sri Lanka

Courtesy of The Financial Times, a report on US plans to lend $553mn for the development of a container terminal in Sri Lanka operated by Indian tycoon Gautam Adani as Washington works to counter China’s influence in the country: The US will lend $553mn for the development of a container terminal in Sri Lanka operated […]

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A Tale of 3 Nations: Debt Restructuring in Ghana, Zambia, and Sri Lanka

Via The Diplomat, a look at what Ghana, Zambia, and Sri Lanka can tell us about the global debt problem – and China’s role in both debt distress and debt relief: The issue of global debt distress is a matter of great concern, not just for the affected developing nations but also for developed countries […]

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Global Remittances Hit New Record: Fueled by Record Migration, Prop Up Autocrats

Courtesy of the Wall Street Journal, a report on the growing scale and importance of remittances to the developing world, which hit a record $647 billion, aiding the poor but helping keep strongmen from Nicaragua to Tajikistan in power: More people than ever are migrating worldwide, with millions of people sending home record amounts of cash […]

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Sri Lanka: Back In Business

Courtesy of Nikkei Asia, commentary on Sri Lanka’s economic rebound: Rising interest rates and falling export demand are blunting the post-COVID economic resurgence of many Asian economies. But for Sri Lanka, the only country in the region to default on its official debt amid the economic squeeze caused by the pandemic and the Ukraine war, […]

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Beijing Is Going Places: Expanding Trade and Building Naval Bases

Courtesy of Foreign Policy, a report on potential locations for China’s next overseas base, locations which often also mirror commercial interests: China famously built its first overseas base, a launchpad for the People’s Liberation Army Navy (PLAN), in Djibouti in 2017. Where will it build the next one? To answer that question, the authors drew […]

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India to Help Develop a Port and Economic Hub in Sri Lanka

Via The Frontier Post, an article on India’s plans to help develop a port and economic hub in Sri Lanka: India and Sri Lanka said on Friday that they had agreed to improve economic ties by increasing cooperation in renewable energy and studying the feasibility of building an oil pipeline and a land bridge between […]

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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.