Africa
Bloodshed in Libya
How Kleptocracy Impoverishes Angola, Côte d’Ivoire, and South Africa
Léonce Ndikumana discusses his newest research on capital flight from Angola, Côte d’Ivoire and South Africa between 1975 and 2015. 290 Billion dollars were funneled out of these countries over this period through misinvoicing and circumventing regulation and taxation. Most of that money ended up in corporations in the global north
Month-Long Protests Plunge Sudan into Crisis
Economic crisis and repression in Sudan have led to constant protests while the US and others look the other way because they need him. Prof. Alex de Waal discusses the situation
Congo’s First Election in 49 Years: Has Democracy Won, Or Was It A Quiet Coup?
Congolese Catholic Church and 70,000 observers said reformer Fayulu won, but the DRC government declared Tshisekedi the winner
Egyptian President’s Regrettable “60 Minutes”
Egyptian President Abdel Fatah al-Sissi was hoping to demonstrate that he was a reliable ally of United States and Israel in the Middle East and worthy of international recognition, but the 60 minutes interview took another turn says Professor Seif Da’na
Dem. Rep. of Congo Postpones Election While US Props up President Kabila
After 58 years of repression, the battle for democracy picks up in the DRC, while PResident Joseph Kabila continues to enjoy unquestioned support from the US and has an Israeli security company working for him. We speak to Maurice Carney
Africa at the COP24
Drought, floods and erratic climate phenomena. Developing countries are often have to bear the brunt of climate change. African delegates at COP24 are hoping for guidelines to implement the Paris deal, which aims to keep global temperature rises below a safe level of 1.5 degrees Celcius, and they want richer nations to fulfill their pledges.
Contrary to Popular Belief, IMF Continues to Push Neoliberalism on Countries’ Agricultural Policies
Economics Prof. Lawrence King discusses the new PERI report on loan conditionalities that the IMF imposes when it provides loans and that interfere with food production and encroach on the sovereignty of states battling poverty
General Elections in Zimbabwe: Results Uncertain, but 70 Percent Turned Out to Vote
From the ousting of Mugabe to the unprecedented voter turnout for this election, it is clear that the people are engaged and demanding change says Prof. Horace Campbell
Africa is a Creditor to the World
Capital flight from Africa, especially the illicit kind, is a far larger drain on the countries of the continent than previously thought and exceeds foreign loans and investment flows. PERI’s Leonce Ndikumana discusses his research findings