Archive for the ‘North Korea’ Category

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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Two Koreas, One Market

Via NK News, a report on a South Korean minister’s dreams of merging its economy with the North: North and South Korea should unify their economies while maintaining separate political systems, South Korean unification minister Lee In-young said on Thursday. “Our approach now should aim more at the ‘one people, two countries, two systems, and one […]

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North Korea’s Economy: Recentralized And China-Reliant

Via The East Asia Forum, a report on North Korea’s economy: In North Korea, many enjoy making money for themselves by selling products in private markets. Under Kim Jong-un, expanding these markets became a source of tax revenue for the regime. But this changed in the past year with the outbreak of COVID-19. The closure […]

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An Oil Pipeline Between North Korea and China Raises Nuclear Concerns

Via NK News, an article on a pipeline for crude oil between China and the DPRK: North Korea fired its way back into international headlines in March when it launched two short-range ballistic missiles towards the East Sea, sparking outcry from officials in Seoul, Washington, Tokyo and beyond.  Back in 2017, the United Nations had had enough […]

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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.