$100 billion a year in US and EU farm subsidies are distorting world trade and harming exporters in poor countries. This article asks if the global financial crisis presents an opportunity to get rid of these astounding distortions. Many lobbyists and politicians in high income countries obstruct efforts to reform these policies that devastate poor countries...More
Poor quality media and government propaganda is fuelling popular support for the war in Afghanistan. News agencies in America are mindlessly regurgitating facts handed to them by the government, without sufficient investigation. A recent piece in the London Times recounted why reporters fear doing more; they included: resource constraints, dangers of travelling around and NATO-led intimidation, censorship and punishment of reporters who portray the Afghanistan war negatively...More
After seven years of US occupation, there is still a "dire humanitarian crisis" in Iraq with the United Nations High Commissioner for Refugees estimating that there are 4.5 million refugees and displaced people in Iraq. Camps are built under bridges, alongside railroad tracks and near garbage dumps. While the needs of displaced Iraqis have increased, international concern and assistance have diminished, with most refugees receiving no government...More
The decision aims to counter the Wouri Senior Divisional Officer decision to ban prostitution in the city.
A band of sex workers commonly called « liberal sisters » last Monday convened an extraordinary general assembly at the Njogmabi neighbourhood in Douala to agree on a reply to the recent administrative decision which interdicts prostitution at the Bonanjo residential area in Douala. In their final communiqué, the “liberal sisters”, made up of school dropouts, widows and outlaws, stated emphatically that their activity has not only helped reduce the rate of unemployment, poverty and crime among women, but has also contributed immensely in tourism development, given that they play an indispensable role to host and guide many visitors.
While the urgency to address Chicago's rampant wave of violence is extremely warranted, I think it's absolutely ridiculous that two Illinois lawmakers are requesting to bring in the National Guard as a way to control the problem...Granted the city has seen a rising surge of violence recently, especially now that the weather appears to be warming up. Every year residents here have to deal with a deadly trend that only gets worse as summer approaches and it's our children that continue to suffer its tragic consequences. Last week alone seven people died and 18 were wounded, mostly by gunfire. Chicago has had over 100 homicide victims so far this year. And 25 Chicago student's lives have been cut short due to youth violence. The numbers are grim and the reality of young lives lost is staggering. At the same time working-class families in Chicago, whether Black, Latino or white are dealing with the worst economic crisis since the Great Depression. Good jobs that pay livable wages with decent benefits not to mention health insurance are increasingly scarce these days. Everyday families across the city are being hit with dire unemployment figures and many continue to lose their homes in an on-going foreclosure crisis....More
Douala Stock Exchange (DSX) a terminé sa séance de cotation du 21 avril 2010. Concernant le marché des actions: Les valeurs SEMC, SAFACAM et SOCAPALM suivent un trend stable et bouclent la séance respectivement à 75.023 FCFA, 34.998 FCFA et 39.999 FCFA. En terme de physionomie du marché, 25 titres SAFACAM et 30 titres SEMC ont été transigés, générant un chiffre d’affaires de 3.125.640 FCFA. La capitalisation boursière se chiffre à présent à 82.803.952.645 FCFA. Sur le marché des obligations, l’emprunt obligataire de la IFC « MOABI IFC 4.25% 2009 – 2014 » a clôturé la séance à son cours précédent, soit 100 %.
South African stocks at the Johannesburg Stock Exchange (JSE) rallied on Monday, April 26, 2010 as better sentiment lifted banks globally on hopes for Greek aid and expectations of good earnings from UK banks this week. The rand firmed to a 10-day high against the dollar, taking its cue mostly from equity markets, with Johannesburg trade largely muted ahead of a public holiday on Tuesday. Both the blue chip Top-40 index and the broader All-Share index also touched 10-day highs, with the Top-40 closing up 1.52 percent to 26,299.58 points, and the All-Share gaining 1.31 percent to 29,309.47 points. The JSE banking sector ended at its strongest level in 14 days, jumping 3.72 percent as the country's No.2 bank FirstRand gained 4 percent at 20.80 rand. Rivals Absa, Nedbank and Standard Bank all climbed over 3 percent.
Since their inception in the early years of the first decade of this new millennium and century, business on the Douala Stock Exchange (DSX) and on the Central Africa Securities Exchange ( CASE), headquartered in Libreville, Gabon, has remained sluggish. There´re less than five publicly-quoted companies on the DSX. The CASE on its part has fewer corporations having issued shares of stocks, bonds and debentures in Libreville. At times, days elapse without securities being traded on the two securities markets. Why?