Larry Summers, Clinton’s minister of treasury, has made few friends in life. At that time, he was instrumental in eliminating the Glass Stegall Banking Law, which since 1933 separated the bank’s customer deposits from the financial activities of the Stock Exchange, releasing a flood of money which created the present monster financial system.
When the leaders of 28 European states enjoy again this week their exclusive flights, luxurious suites and official limousines, to meet for a new summit in Brussels to adopt a final decision on their proposed plan of using refugees as bargaining chips, 20.000 Syrians will most probably be still starving in the Idomeni camp in Greece, in a situation that has been described as “worse than World War I.”
In a yet another violation of international laws and their own human values, 28 European countries have just agreed with Turkey to open a new “bazaar” of refugees, this time using the old barter system. i.e. Iraqis and Afghans in exchange of Syrians.
Three years ago when the tsunami of panic around Iran's potential capability to develop nuclear weapons reached its peak, a combined diplomatic, media campaign warning that a Gulf Arab state would think of purchasing atomic bombs was spread like an oil spot.
In Egypt more than 1,500 public and private business delegates and state leaders agreed on 20-21 February to mobilise massive investments for the implementation of Africa's largest trading bloc whichwas created last year by 26 African countries with a total of 620 million consumers and a combined Gross Domestic Product (GDP) nearing 1,2 trillion dollars.
Brazil, which boasts that it has one of the cleanest energy mixes in the world, is now plagued by corruption, poor market conditions, and bad decisions – a near fatal combination.
High up in the mountainous interior of Papua New Guinea (PNG), the most populous Pacific Island state of 7.3 million people, rural lives are marked by strenuous work toiling land in rugged terrain with low access to basic services.
While the war in Syria continues to draw in more outside forces, the work towards finding a political solution to this five-year old conflict carries on. In the past week, no less than three separate conferences were organized by different clusters of opposition groups. Conferences were held in three places: Damascus, Dêrîk – a city in the Kurdish-controlled northern part of Syria – and Riyadh, the Saudi capital, respectively.
A new public opinion survey undertaken in six Arab countries, Iran, and Turkey finds that people are more likely to blame “corrupt, repressive, and unrepresentative governments” and “religious figures and groups promoting extremist ideas and/or incorrect religious interpretations” for the rise of violent groups like al-Qaeda and the Islamic State than they are to blame “anger at the United States.”
When, in June 2006, former US National Security adviser and, later on, Secretary of State, Condoleezza Rice, spelled out the George W. Bush administration new, magic doctrine for the Middle East, tons of ink was poured and millions of words said in a harsh attempt to speculate with what she really did mean by what she called “Creative Chaos.”
The aim to impeach President Dilma Rousseff is no longer merely a threat that was poisoning politics in Brazil. Now it may be a traumatic battle, but in the light of day.
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.
Are you young, energetic, creative, ambitious and need a job? Africa's agriculture sector needs you!
Concerned with the consequences of demographic decline and population ageing, especially with respect to economic growth, national defence and pensions and health care for the elderly, a growing number of governments are seeking to raise birth rates. Whereas nearly 40 years ago 13 countries had policies to raise fertility, today the number has increased four-fold to 56, representing more than one-third of the world’s population.
Few dispute that women’s autonomy and betterment of their lives are moral imperatives. But whether these are also key to economic development is contested.