Archive for the ‘North Korea’ Category

The North Korean Economy in 2019: Treading but Not Underwater in the New Year

Via 38 North, a look at North Korea’s economy: Although 2019 was not a good year for the North Korean economy, it was also not disastrous. Kim Jong Un will not be able to make much headway this year in implementing his vision of greater prosperity for the North Korean people as long as sanctions […]

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A Stable North Korea Welcomes Economic Growth

Via The Asia Times, a report on how – despite sanctions – North Korea’s economy shows signs of virility: The earliest news to emerge from North Korea in 2020 covered two issues key to the Pyongyang regime as it advances into a new decade: loyalty and the economy. On January 5, North Korean state media […]

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North Korea’s Economy: The View From China

Via The Diplomat, commentary on the fact that – sanctions aside – many Chinese businesspeople are willing to invest across the border, but is North Korea ready to open its doors for them? Since Donald Trump was elected president of the United States, he has held several rare meetings with North Korean leader Kim Jong Un, […]

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North Korea’s ‘Hotel of Doom’

Via CNN, an interesting look at North Korea’s Ryugyong Hotel: In 1987, ground was broken on a grand new hotel in North Korea’s capital, Pyongyang. The pyramid-shaped, supertall skyscraper was to exceed 1,000 feet in height, and was designed to house at least 3,000 rooms, as well as five revolving restaurants with panoramic views. The Ryugyong Hotel […]

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Behind North Korea’s YouTube Ambitions

Via The Diplomat, an interesting look at Pyongyang’s efforts to use social media monetization as a loophole to international sanctions: North Korea is famous for operating propaganda websites on an industrial scale. It is understood that North Korea currently operates more than 160 propaganda sites. These include news and tourism websites as well as online communities, all of […]

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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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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.