Global Remittances Hit New Record: Fueled by Record Migration, Prop Up Autocrats
August 6th, 2023
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 […]
Read more »Sri Lanka: Back In Business
August 5th, 2023
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, […]
Read more »Beijing Is Going Places: Expanding Trade and Building Naval Bases
July 28th, 2023
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 […]
Read more »India to Help Develop a Port and Economic Hub in Sri Lanka
July 21st, 2023
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 […]
Read more »Chinese State-Owned Firm To Build Major Sri Lanka Port Complex
May 2nd, 2023
Via Energy Daily, an article on a Chinese state-owned firm’s plans to build major Sri Lanka port complex: A Chinese state-owned firm said on Monday it plans to take its investment in Sri Lanka to $2 billion by building a major logistics hub. Sri Lanka is looking to kickstart its economic recovery after defaulting on […]
Read more »Where Are South Asia’s Most Vulnerable Economies Headed?
April 21st, 2023
Courtesy of STRATFOR’s Worldview, an interesting analysis of south Asia’s most vulnerable economies, namely Bangladesh, Sri Lanka and the Maldives: In the coming months and years, Bangladesh, Sri Lanka and the Maldives will need to implement macroeconomic adjustment programs to maintain market confidence and retain access to external financing at a reasonable cost, which will […]
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.