Malawi’s President Faces a Crisis of Confidence

She has taken a personal pay cut, promised reforms, resumed aid flows from Western donors and put her predecessor’s private jet up for sale.

Creditors’ Stalemate Brings Greece to Knife Edge

Ignoring the thousands of protestors gathered outside the Greek parliament on Wednesday, the government voted in public spending cuts amounting to 17 billion dollars in an economy already on its knees from a lacerated budget.

Money for Salt: How the Country of the Young Is Failing Its Elderly

Carolina Poalo strikes the dry earth over and over with her hoe, her frail body bent almost double. She is determined to begin planting. During the long, dry season in Mozambique, she and her two young grandchildren have eaten little but cassava leaves.

With Egyptian Loan Request, Some Fear Loss of Revolution’s Gains

After 18 months of talks, on Wednesday Egypt's government formally requested a 4.8-billion-dollar loan from the Washington-based International Monetary Fund (IMF), hoping to stabilise an economy that has continued to badly stutter in the aftermath of the popular uprising that led to the downfall of former President Hosni Mubarak.

Teachers’ Strike Does Not Mean Political Liberation for Swaziland

Swazis should not see the ongoing nationwide one-month teachers’ strike as a movement capable of overthrowing the political regime here, despite the fact that civil servants and nurses have joined the action, according to political analyst Dr. Sikelela Dlamini.

Grim News for Caribbean Economies

For yet another occasion, it was not the good news Caribbean leaders wanted to hear.

Hopes To Heal Economy Through Devaluation, Which Has Hit Poor Hard

As Malawi’s poor struggle to afford food and other staple items since the 48 percent devaluation of the local currency against the dollar, economic commentators are optimistic that the move will provide an opportunity to boost the country’s export market.

Brazil, Emerging South-South Donor

The Brazilian government is stepping up South-South aid, to strengthen the South American giant’s status as a donor country and its international clout. It now provides assistance to 65 countries, and its financial aid has grown threefold in the last seven years.

ETHIOPIA: “Significant Progress Towards Improving Livelihoods”

Ethiopia says that the double-digit economic growth the country has experienced over the last seven years has started benefitting its majority by boosting their income and productivity in agriculture and small-scale businesses.

Clinton Champions Gender Agenda at Busan

Women toil in the fields for most of their lives producing food and strengthening the largely agricultural economy of African countries, but when their fathers, husbands or older sons die, they are no longer welcome on land they may have tended for years.