A perfect storm of lower rainfall and a growing population beckons for Botswana. But others find climate change is already in the fields and paddocks. “As climate change ushers in more stress on the water sector, it is increasingly a concern that losses in rangeland productivity will result in food insecurity, especially in rural areas,” a country analysis report unveiled recently on Botswana states.
Different degrees of economic problems are a common denominator in South American countries where governments that identify as leftist may start to fall, in a shift that began in Argentina and could continue among its neighbours to the north.
With Goldman Sachs folding up its haemorrhaging BRIC fund, is it curtains for the acronym that defined the investment bankers’ fancy for emerging markets? It certainly appears so after China’s stock market crash and a fast slowing economy triggered fears that the dragon will set off the next global recession.