Archive for the ‘North Korea’ Category

Something Strange Is Happening With North Korea’s Currency

Via Bloomberg, a report on Kim’s strange currency surge: In normal economies, currencies weaken in times of difficulty, but something counter-intuitive is happening in North Korea: the won is surging just as things are getting worse. Kim Jong Un’s country has been hit by the toughest sanctions in its history, massive flood damage and an unprecedented pandemic that cut […]

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North Korea: More Connected To Global Markets Than You Might Think

Via North Korean Economy Watch, a report on how North Korea is more connected to global markets than often thought: After a hiatus during the summer following my PhD defense, I now plan to get back to posting regular analyses and news content here. First up, an interesting example of why the North Korean economy is […]

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Kim Jong Un Rediscovers His Love Of Central Planning

Courtesy of The Economist, a report on North Korea’s efforts to crack down on its small market economy: The North Korean dictator’s love of high-end products from evil capitalist countries is well documented. The import of luxury goods into North Korea has been banned by un sanctions since 2006. Yet Kim Jong Un parades around Pyongyang in […]

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North Korea Has Asia’s Hottest Currency

Via Asia Times, a report on how – if Chinese border traders reflect market reality – the won is up 33% against the yuan and 18% to the buck in three short weeks: Something weird recently happened to what had been one of the world’s least coveted currencies. If you were North Korean and wanted […]

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Kim Jong Un Bets on Riverfront Property to Boost North Korea’s Economy

Courtesy of The Wall Street Journal, an article on Kim Jong Un’s be on a riverfront property to boost North Korea’s economy: In North Korea’s capital, the prime riverfront property went untouched for decades. It was once a site for an American missionary school. Then it briefly became a residence for the country’s founder, Kim Il […]

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North Korea’s Oil Procurement Networks

Via The Diplomat, an interesting interview on the subject of North Korea’s oil procurement network: Briefly explain North Korea’s fuel-procurement strategy. North Korea is completely dependent on foreign sources of fuel for its economy, military, and weapons program. The U.N. Security Council first imposed caps on North Korea’s fuel imports in 2017, but it has […]

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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.