Archive for the ‘Mexico’ Category

Mexico: A Development Puzzle

Via Noah Opinion, commentary on Mexico’s development: I’ve been writing a series of development economics posts, trying to highlight successes (Bangladesh, Indonesia, Dominican Republic, Poland, Turkey), failures (Pakistan, Haiti, Ukraine), and countries that are somewhere in between (Philippines, Jamaica). In general, I’ve been trying to think about these stories using the framework offered by the economist Ha-Joon Chang and the author Joe […]

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Mexican Movie Theaters: Major Players In Global Cinema Industry

Via Latinometrics, a look at how Mexican movie theaters are major players in the global cinema industry: Two Mexican Brands Among the Largest Movie Theater Chains Mexican movie theaters are major players in the global cinema industry. Cinépolis, or the “City of Cinema,” was founded in 1947 by Enrique Ramírez in the Mexican city of Morelia. […]

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Mexico’s Biggest Convenience Store Chain Wants To Become A Superbank

Via Rest of World, a report on how Mexico’s biggest convenience store chain wants to become a superbank: Since late November 2021, Mexico’s ubiquitous Oxxo stores have been covered with bright purple signs. “Get your Spin by Oxxo card!” Spin by Oxxo, a ready-to-use Visa debit card and app, is the company’s latest attempt to merge […]

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How Latin America Became Tech’s Next Big Frontier

Courtesy of The Financial Times, an article on how Latin America became tech’s next big frontier: Buying a used car, renting an apartment or opening a bank account: all recurring nightmares in Latin America, because of reams of paperwork, lethargic bureaucracy and legal pitfalls. Start-ups created to tackle problems like these are propelling the region […]

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Pemex’s Losses Deepen Mexico’s Financial Woes

Via STRATFOR (subscription required), a short report on Pemex: Mexican President Andres Manuel Lopez Obrador’s failure to strengthen Pemex’s finances and shore up domestic oil production will exacerbate Mexico’s public finance woes from COVID-19.  On Aug. 24, Mexico’s state-owned energy giant Pemex reported its lowest level of monthly crude oil production since 1979, with the company’s […]

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Mexico’s Pemex: From Cash Cow To Resource Drain

Courtesy of The Financial Times, a look at Pemex: At the end of 2016, Pemex came up with a new strategy: it would focus exclusively on profitable activities. The plan, a no-brainer for most businesses, was a novelty for Mexico’s state oil company, a national champion created in 1938 after Mexico expropriated US and UK […]

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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.