Archive for the ‘North Korea’ Category

North Korea’s Economic Crisis

Via East Asia Forum, commentary on North Korea’s economic challenges: COVID-19 came at a tough time for North Korea, both economically and politically, and may have made a bad situation worse. While China’s sanctions implementation has let up somewhat, North Korea’s economic situation still became strikingly dire in 2020. As elsewhere in the world, COVID-19 […]

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Almost Rich: North Korea Has $10 Trillion in Resources

Via National Interest, a report on North Korea’s resource potential: North Korea could be loaded. However, without the enough financing and the right tools and expertise, it cannot use its resources or try to (illegally) sell them. Who needs rockets when you have $10 trillion in resource riches? That is one estimate of the value […]

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North Korea’s Economy Hit Harder Than It Has Been in Decades

Courtesy of The Wall Street Journal, an article on how Kim Jong Un’s regime has further isolated the country due to the Covid-19 pandemic, and trade with China has plunged: North Korea’s all-out push to halt the coronavirus has exacted a brutal blow to its already-tattered economy, contributing to a slide that will likely be the […]

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The Crackdown on the North Korean Market Economy: What Does It Really Mean?

Via North Korea Economic Watch, commentary on some recent events suggesting a North Korean government crackdown against the market economy: Is the North Korean government cracking down on the market economy as such? I would argue that we are not quite there yet, but an ever-increasing number of news seem to be suggesting that economic policy […]

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Perspectives on North Korea’s Economy

Via North Korean Economy Watch, commentary on the current state of North Korea’s economy: Sanctions and Covid-19 have fused together to put the North Korean economy in what can only reasonably be described as an awful situation. Trade first plummeted through sanctions, and then even further because of North Korea’s and China’s anti-Covid19 measures. And […]

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North Korea: Selling Sand

Via CNN, an interesting report on how North Korea might be making millions — and breaking sanctions — selling sand: It was May of last year when Lucas Kuo and Lauren Sung noticed something strange: more than 100 ships gathering in the waters near Haeju, North Korea. As part of their work at the Washington-based Center […]

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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.