Tag: New World Economic System
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๐บ๐ธ USAID officially shuts doors, American government announces
After six decades, the US Agency for International Development has been ended by the Trump administration. The closure is part of the administrationโs crackdown on the federal government and was one of the prime targets of Elon Muskโs Department of Government Efficiency. The US Congress passed the Foreign Assistance Act and President John F. Kennedy…
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“Where to invest in Africa”: Top 5 African countries most attractive for investment
The report, “Where to Invest in Africa,” compiled and published by South Africa’s second-largest bank, First National Bank (FNB). The ranking is based on the consideration of 20 indicators divided into four groups. These are current economic performance and potential, market accessibility and level of innovation, economic stability and investment climate, social conditions and human…
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Plunder Capitalism: A Threat to Africa’s Financial Sovereignty and the Pan-African Dream
The recent discussion on “Pan African Email” regarding the privatization of the U.S. government raises a critical point: the insidious nature of plunder capitalism. This exploitative economic model, where corporations and a wealthy elite extract wealth from nations and their resources, has a long and devastating history in Africa. Here’s how plunder capitalism operates and…
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AlJazeera: The New World Economic Order?
Economic integration and globalisation, the free flow of trade, with the United States at the helm: that is the economic order the world has known for decades. Today, the disintegration of the rules-based old world order is evident. Countries are becoming more inward-looking, regulatory fences have been erected, the World Trade Organization is in limbo,…
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