China, India, and Sri Lanka’s Unprecedented Economic Crisis
March 6th, 2022
Via The Diplomat, a report on Sri Lanka’s economic crisis: Sri Lanka is currently facing its worst economic crisis since the country gained independence in 1948. In spite of constant assurances by the governor of the Central Bank of Sri Lanka (CBSL), international rating agencies as well as economists have sounded the alarm about Sri […]
Read more »Sri Lanka: Out Of Gas
February 20th, 2022
Via The Bangkok Post, a report on how Sri Lanka’s foreign-exchange shortage has left the state petroleum company without dollars to buy oil: Sri Lanka’s state-run petroleum company has run out of cash to buy oil, and fuel shortages across the country could get worse, the energy minister said on Friday. Udaya Gammanpila said the […]
Read more »Sri Lanka’s Fertilizer ‘Sell Out’ To China
February 12th, 2022
Via East Asia Forum, commentary on Sri Lanka’s economic challenge ahead: Sri Lanka teeters on the edge of a grim economic precipice, entering 2022 with foreign currency reserves sufficient only for a single month of imports. Domestic inflation rose to a decade-high record in 2021 following a surge in food prices triggered by import restrictions, a significant drop in […]
Read more »Sri Lanka’s Economic Struggles Will Deepen Its Reliance on Foreign Funds
November 9th, 2021
Via STRATFOR (subscription required), a look at Sri Lanka’s economic challenges ahead: Sri Lanka’s increasing reliance on China and India for financial aid and investment will risk triggering domestic pushback and social unrest, forcing the government to make concessions that could ultimately threaten its economic strategy. China and India are heavily involved in Sri Lanka’s economy, often […]
Read more »The Economics of the China-India-Sri Lanka Triangle
May 2nd, 2021
Via The Diplomat, a look at the economic dimension of Sri Lanka’s struggle to balance between China and India: Sri Lanka’s relationship with China has been a controversial discussion during the last decade, dominating both domestic and international political conversations. The strengthening relationship between the island nation and the emerging global power has been largely economic. […]
Read more »Chinese BRI Investment Isn’t All Bad—or Good
March 2nd, 2021
Courtesy of Foreign Policy, commentary on how – as Sri Lanka shows – when it comes to Chinese debt, small states have agency and great powers have responsibilities: In the last few years, the question of whether China’s Belt and Road Initiative (BRI) is predatory has been ripe for debate, with some arguing the loans Beijing […]
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.