Global News Journal

Beyond the World news headlines

Mar 4, 2010 11:36 EST

from Africa News blog:

African poverty falling faster than thought?

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The old image of an Africa doomed to get ever poorer has certainly lost credence over the past decade even if it is a view still held by some.

Well, according to a new study, Africans are getting wealthier more quickly than previously believed and the poorest continent's riches are also spreading beyond the narrow confines of its elite.

"Africa is reducing poverty, and doing it much faster than we thought," the study by U.S.-based economists Xavier Sala-i-Martin and Maxim Pinkovskiy said.

"The growth from the period 1995-2006, far from benefiting only the elites, has been sufficiently widely spread that both total African inequality and African within-country inequality actually declined over this period."

The research, which assesses poverty levels and income distribution from 1970 to 2006, lends weight to a belief among local and foreign investors that Africa is finally getting its act together 50 years after shaking off the colonial shackles.

The study, published by the private, non-profit U.S.-based National Bureau of Economic Research, also challenges the suggestion that strong African growth over the last decade or more has done little to alleviate grassroots poverty due to the countervailing effect of equally strong population expansion.

Going by an inflation-adjusted $1 per person per day yardstick, the study, using statistical analysis pioneered by the two authors said 32 percent of Africans were in poverty in 2006, compared to 42 percent in 1995 and 40 percent in 1970.

COMMENT

I believe we sit on the Cusp of an Inflexion Point and that Africa is probably the last Convergence Trade going in the c21st. Its quite disjunctive and hence it is difficult to model. The Speed with which it is happening is quite breath taking. In Kenya, 10 years ago There were 15,000 Mobile Phones and Today There are more than 17.4m. The SMS Curve [and you can use it as a Proxy for the arrival of the Information century] is surely parabolic and Off the charts. It is the Phone that knitted this previously fragmented and non scaleable Continent into Scale. The Recent Pace of Urbanisation has also bulked up our Cities. The Demographic Skew [very low average] also lends itself to a fast pace of Change and Convergence.

There are many problems that swirl over Africa and there exists an inherent Bias which has crimped the Continent. Symbolically, this was pierced with the Election of President Obama, which was probably the mostintense Political Moment for this Continent, since Independence.

Africa is a very rich Continent. It has had a very Rentier Based Architecture. Today it sits on the Runway. The Old Architecture was about what was in the Ground. The New Architecture and Prosperity will come from those who walk on it. The Phone and the Internet are plucking People from the Village watching life go by right into the c21st. Its an Option Trade.

I remain supremely optimistic and believe recent Activity [Bharti Purchase of Zain 2nd biggest Purchase after Corus by India Inc.] is confirming a Deluge of Buy Side Interest. The Bourses from the Cape to Cairo, from Nairobi to Lagos have been on a Tear. Consider Nigeria’s run higher in the context of a President holed up in an ICU in the grounds of the Presidential Palace guarded by the First Lady Turai.

Africa will be built by the Entrepreneurs and the drag on per Capita which has been Population is its biggest advantage.

Its a very rare Moment.

Aly-Khan Satchu
http://www.rich.co.ke

Posted by AlyKhanSatchu | Report as abusive
Jan 21, 2010 11:01 EST
Reuters Staff

Will EU ever move on from “soft touch” diplomacy?

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Spain’s Foreign Minister Miguel Angel Moratinos recalled this week that it had been said of the previous U.S. administration that what American diplomacy needed was “regime change”. Europeans, meanwhile, he said, simply needed “a regime”.

America got its regime change with President Barack Obama, Moratinos explained this week, while Europeans got a new regime with the Lisbon treaty, a document that is supposed to help bolster the EU on the world stage and creates a more powerful foreign policy chief for the bloc.

The question now is whether the EU, a group of 27 nations and 500 million people that has consistently punched below its weight in foreign affairs even as its economic influence grows, will be bold enough to seize the opportunity Lisbon presents to make it presence fully felt in the world.

Europhiles have argued for years about the need for Europeans to back their ability to exert “soft power” through aid and trade with a united approach to international diplomacy backed by credible “hard power”, or military capability.

Lisbon partly opens the way by providing for the formation of a European diplomatic service. But a rigid reluctance among most big European states to cede sovereignty on foreign and security policy means any “hard power” vision remains a distant concept.

Sceptics will point to the appointment of an unglamorous first EU President in Herman Van Rompuy and an equally low profile foreign affairs chief in Catherine Ashton as evidence that Europe’s most powerful nations remain distinctly reluctant to cede influence or limelight any time soon.

The catastrophe in Haiti, for which the EU has offered 420 million euros in emergency aid and long-term redevelopment, presented an early opportunity for Van Rompuy — a Belgian and a committed EU federalist — to argue the case for combining such EU “soft power”, with a bit of hard power.

Dec 24, 2009 06:23 EST

from Africa News blog:

Lessons for coup makers?

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President Barack Obama’s decision to end trade benefits for Guinea, Madagascar and Niger shows some stiffening of Washington’s resolve to act against those seen to be moving in the opposite direction to demands for greater democracy in Africa.

But the fact that new benefits were simultaneously extended to Mauritania may also give a lesson in how would-be coup makers should best behave if they want to get away with it.

In the first three countries, there is no clear idea as to how they will return to a form of government more acceptable in the eyes of Western countries or those of their neighbours.

Guinea and Madagascar in particular both look in real danger of much greater turmoil.

In Mauritania, President Mohamed Ould Abdel Aziz overthrew an elected president in 2008 - the country’s first freely elected president - but managed to get elections organised and himself voted into office by July, although the ballot was condemned by his opponents.

Perhaps crucially for the Western support, he also swiftly promised to cooperate in fighting al-Qaeda in the Sahara.

Uncertainty over transitions in both Guinea and Madagascar has stoked internal instability as well as costing foreign assistance.

COMMENT

It shows that if you are “strategic” enough (either because of Al qaeda or oil, other natural resources, competition with China), you may get away with it even with questionable elections. Aziz removed a democratically-elected president, held elections which he won and was quickly recognised as the president of Mauritania by the AU and then the EU, and the USA. Would it have been the case without the threat of Al qaeda? The lesson is that not only you need elections, but for them to be quickly accepted, you need something bigger and Aziz played the right card from the beginning (fight against terrorism).

Posted by lydieboka | Report as abusive
Oct 28, 2009 11:49 EDT

Death-Defying Doha

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Just as the World Trade Organisation is organizing an intensive push to complete the Doha round trade talks, the atmosphere among negotiators is as pessimistic as it ever has been. 

 

“Gloom” and “frustration” are just two of the more printable words circulating at the WTO’s headquarters by Lake Geneva.

 

 

 

COMMENT

Jonathan: this is great, but you were welcome to have quoted my paper with its doubts on whether DOHA can ever succeed if WTO continues to follow the same approach as it has up to now. It has been published as a Policy Brief by ECIPE. Are you planning a part two?

Oct 13, 2009 04:55 EDT
Reuters Staff

YOUR TURN TO ASK: Karel De Gucht, EU humanitarian aid chief

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** This post is from Alertnet, the Thomson Reuters Foundation’s global  humanitarian news Web site.**

Earthquakes, floods, the global recession and recurrent famines have been keeping aid professionals across the world as busy as ever. Such crises hit poor countries the hardest, focusing increasing attention on preventing and preparing for disasters rather than dealing with their devastating aftermath.

The European Commission, the executive arm of the European Union, is one of the biggest sources of humanitarian and development aid in the world. For emergency response to recent earthquakes in Indonesia, it has provided $4.4 million – more than any other donor so far.

To help the Philippines currently recovering from two typhoons, the European Union and some member-states have contributed a total of $5.6 million – again, more than sent or promised by any other foreign donor.

How to help the developing world, not just when they are disasters, will be at the core of debates among heads of states, top European Union officials, Nobel Prize winners and other experts at an international conference in Stockholm between Oct. 22 and Oct. 24, called European Development Days.

Ahead of the conference, European Union Commissioner for Development and Humanitarian Aid Karel De Gucht will take questions from readers on this year’s topics for discussion: the impact of the economic crisis on developing countries, climate change and the link between democracy and development.

You can participate by using the comments section below or by using the #askEUaid tag on Twitter. Please post your questions by Thursday, Oct. 15.

COMMENT

Dear Mr De Gucht,

Majority of the aid sent to Afghanistan is either went to the pockets of corrupt warlords or into the pockets of foreign contractors.

What are you doing to change this and for the air to reach needy civilians?

Posted by Siddiq | Report as abusive
Aug 7, 2009 05:04 EDT

Is Malaysia’s net clampdown at odds with knowledge economy?

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The opposition wants to cut the sale of alcohol in a state that it rules and now the government wants to restrict Internet access .

Malaysia is a multicultural country of 27 million people in Southeast Asia. It has a majority Muslim population that of course is not allowed to drink by religion. Yet clearly some do as shown by the sentencing to caning for a young woman handed down recently

(Photo: Prime Minister Najib Razak leaving the National Mosque as he prepared to mark his first 100 days in office in July. Reuters/Bazuki Muhammad)

Proposals by the Pan Malaysian Islamic Party, which wants an Islamic state, could effectively end the sale of alcohol in the country’s richest state, Selangor, which is next to the capital Kuala Lumpur.

Its rules would penalise not only Muslims that consumed alcohol, but also for example Muslim shop assistants in say Tesco’s who could be fined if they sold alcohol.

This is coming from a country whose most celebrated film maker, PJ Ramlee, made movies featuring alcohol, smoking and night clubs as well as cross-racial relationships and whose first premier Tunku Abdul Rahman, a Muslim of course and a member of one of Malaysia’s royal families, was fond of  whisky. 

And the Internet? If you want to find out anything in Malaysia, you need to read the net. The country’s newspapers, largely owned by the political parties that have run this country for 51 years and which need to be licensed annually, feed their readers a steady diet of pro-government propaganda.

COMMENT

Malaysia is known for talking big and acting small. That’s why nobody thinks they can enforce the Internet restriction order.

Jul 11, 2009 10:28 EDT

from Africa News blog:

‘New moment of promise’ for Africa?

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As expected, U.S. President Barack Obama’s speech to Africa in Accra had plenty to say on the importance of good governance – but there was also a very strong message that his “new moment of promise” is one that Africans have to seize for themselves.

"You have the power to hold your leaders accountable, and to build institutions that serve the people. You can serve in your communities, and harness your energy and education to create new wealth and build new connections to the world. You can conquer disease, end conflicts, and make change from the bottom up. You can do that. Yes you can. Because in this moment, history is on the move,” Obama said.

"Freedom is your inheritance. Now, it is your responsibility to build upon freedom's foundation. And if you do, we will look back years from now to places like Accra and say that this was the time when the promise was realized -- this was the moment when prosperity was forged; pain was overcome; and a new era of progress began. This can be the time when we witness the triumph of justice once more."

To listen to the whole speech, you can find a link on the White House website.

As Obama put it: "Make no mistake: history is on the side of these brave Africans, and not with those who use coups or change constitutions to stay in power. Africa doesn't need strongmen, it needs strong institutions.”

There was no doubt they were strong words from the son of a Kenyan immigrant, who through elections has become the leader of the world’s most powerful country. Obama’s background may also give his message a better chance of being heard than those of past American leaders lecturing Africa on what it needs to do.

But when all is said and done and Obama flies off to deal with more urgent U.S. priorities, will the message be heeded? Will Africa live up to that promise?

Jun 1, 2009 11:53 EDT

from Africa News blog:

Should West back Zimbabwe’s government?

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The United Nations has joined Zimbabwe’s power-sharing government in appealing for more than $700 million in humanitarian aid for the ruined country.

But while Western countries may show willing when it comes to emergency aid, they are still reluctant to give money to the government between President Robert Mugabe and Prime Minister Morgan Tsvangirai, his old rival.

First, they say, there must be broader political reforms and a clearer demonstration of respect for human rights.

The Western countries have long been at odds with Mugabe, accusing him of ruining Zimbabwe after the seizure of white-owned farms, of widespread human rights abuses and of making a mockery of elections last year that were widely condemned outside Zimbabwe.

But if those countries don’t come up with the finance that the government needs, some believe there is a danger it could undermine prospects for change rather than strengthening them.

"My advice is for the international community to engage Zimbabwe as the opposite of this will only benefit hardliners," Tsvangirai told a visiting French minister last week.

The unity government has said it won more than $1 billion in promised credit lines from African banks for private firms, but says it needs more than $8 billion for reconstruction.

COMMENT

I do not think the west should back the Zimbabwean government. The cause of Zimbabwe’s problems is the governments habit of stealing everything within sight and hearing, and if given my taxes, they will steal them too! We have been and are continuing to be extravagantly generous in supporting the Zimbabwean people although this disaster is what they fought and voted for. If they want yet more money, they should apply to our enemies whom they so whole-heartedly support.

Posted by John | Report as abusive
May 29, 2009 15:48 EDT

Cattle Rustling, Pythons and Boogie Angola Style …. the best reads of May

Climate health costs: bug-borne ills, killer heat Tree-munching beetles, malaria-carrying mosquitoes and deer ticks that spread Lyme disease are three living signs that climate change is likely to exact a heavy toll on human health. These pests and others are expanding their ranges in a warming world, which means people who never had to worry about them will have to start.

Spain rearranges furniture as economy sinks

Moving a 17-metre high monument to Christopher Columbus 100 metres down the road is how the Spanish government is interpreting the advice of John Maynard Keynes. The economist once argued it would be preferable to pay workers to dig holes and fill them in again, rather than allowing them to stand idle and deprive the economy of the multiplier effect of their wages.

Picking up the pieces from Afghanistan’s war

U.S. gunners scanned a lush Afghan valley from their helicopter, as a  white van containing a badly burned baby inched toward another Black Hawk waiting at the army outpost. Eight soldiers had flown into the heart of hostile eastern Afghanistan, in a convoy of one air ambulance and one “chase” helicopter for protection, to collect 18-month-old Amanullah who knocked a pot of scalding water over his legs, penis and scrotum.

In Brazil, extreme weather stokes climate worries

No one could say they hadn’t seen it coming. The sand dunes had been advancing for decades before they swallowed the houses of families in Ilha Grande, an island in Brazil’s Parnaiba river delta. Standing on a dune that covers his old home, one man describes the landscape of his childhood — cashew trees as far as he could see. Not a dune in sight.

Apr 17, 2009 12:33 EDT

from Africa News blog:

Will South Africa’s poor always back ANC?

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It’s one of the biggest ironies in South African politics -- the most loyal ANC voters are often those the party appears to have let down most bitterly.

For millions of poor, mostly black South Africans, life has barely changed since the African National Congress defeated apartheid under Nelson Mandela in 1994.

Year after year, they wait for the new house, the job, the running water and electricity, the decent education for their children that the ANC has promised. For many, that never comes. Yet most will still vote for ANC and its leader Jacob Zuma in an election next week.

The poorest residents of Munsieville, a township on the edge of Johannesburg, illustrate the contradiction.

Unemployed and tired of living crammed into one-room shacks with no running water or electricity, they are quick to list the ways their government has failed them.

Hundreds share one water tap, which sits next to a stinking mound of rubbish where dirt-smudged children play and stray dogs scavenge for food. They dig pits for toilets.

Many say they have languished for years at the bottom of waiting lists for decent housing. They were left behind while others enjoyed a decade of continuous economic growth that created a burgeoning black middle class.

COMMENT

Hardly goes by now without Mugabe calling for the lifting of targeted sanctions or some one in MDC asking for financial aid. MDC claims the GNU will collapse without financial aid with “dire consequences” to the ordinary Zimbabweans. Of course they are lying because the same individuals supported sanctions and the cutting of aid in the past. Mugabe, the master of intrigue, agreed to have MDC join him for that very purpose – that MDC should be his emissaries to the West. The targeted sanctions particularly are hurting Mugabe and those in his inner circle and that is what he is concerned about. He does not care about the ordinary people; never did!

Zimbabwe is in this economic and political mess because of the years of corrupt and misrule by Mugabe. The GNU has not changed that; Mugabe still has his dictatorial powers and continue to flex these muscles. Bankrolling a lawless and corrupt Zimbabwe will not benefit the ordinary people in any way. Indeed the move will negate all the gains and sufferings made so far.

The targeted sanctions are having an adverse effect on Mugabe and his cronies. The sanctions must be maintained now more than ever before.

Posted by Wilbert Mukori | Report as abusive
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