Archive for February, 2019

Why Has Somaliland Succeeded and Iraqi Kurdistan Failed?

Via The American Enterprise Institute, an interesting comparison of Somaliland versus Kurdistan: Throughout 1988, MiG-17 fighter jets would take off from an airfield on the outskirts of town. Locals referred to it as the 4-4-4: Within four minutes, they’d be over the city. They would drop four bombs, and then the pilots would collect a $4,000 reward […]

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How North Korea’s Economy Defies Sanctions

Courtesy of The Wall Street Journal, a look at how North Korea’s day-to-day commerce in the country has remained resilient, rice prices are stable and gasoline prices have eased: The U.S. has been leading a world-wide campaign to pressure North Korea into giving up its nuclear arsenal through an increasingly stringent sanctions regime. Available evidence suggests it’s not […]

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North Korea’s Economy

Courtesy of the North Korea Economy Watch, a look at the current state of North Korea’s economy: The Hanoi summit is just days away, Daily NK recently put out new market price data, and I’ve finally had time to update my dataset. There seems like no better time than the present to take a look at some of […]

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Adventures In North Korean Capitalism

Courtesy of The New York Times, a detailed look at how – far from the stereotype of total economic isolation – North Korea’s black market has brought a surprising degree of modernity and consumerism — for some: One Night in Pyongyang, around 9 p.m., my North Korean minder, S., and I pulled into the empty parking […]

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China’s Digital Silk Road

Via Center for Strategic & International Studies, a transcript of an interesting panel discussion on the digital Silk Road: Matthew P. Goodman: Good morning, everyone. My name is Matthew Goodman. I hold the Simon Chair in political economy here at CSIS. Delighted to welcome you here to our humble abode for this event on the […]

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How A Chinese Pay TV Company Is Serving Up Soft Power In Africa

Via The Diplomat, a report on StarTimes’ growth in Africa: According to BuzzFeed News, on February 1 Chinese state television broadcaster CGTN America registered as a foreign agent in the United States, to comply with the Foreign Agent Registration Act (FARA). CGTN America director-general Jing Ma remained upbeat, claiming the registration was not a reflection on the […]

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About This Blog
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.