Economics

Yaw Ababio
3 Views · 5 days ago

⁣Over half a million people impacted by major data breach — full names, SSNs, financial data and more exposed

Bakari Kwento
3 Views · 15 days ago

⁣As the price of gold exceeds $3,300 per ounce, the Ghanaian government and a multinational gold miner operating in Ghana employ surveillance drones and security teams to confront the growing number of illegal small-scale gold miners in the country.

Kalanfa Naka
3 Views · 19 days ago

⁣A commission of inquiry into the policies of the International Monetary Fund and the World Bank that have entrenched Africa’s debt crisis, undermined public services, and driven inequality.

The commission of Inquiry will hear testimonies on how these institutions’ austerity measures and debt-driven models harm African development, with the goal of raising awareness, advocating for debt cancellation, and pushing for reforms that prioritise people over creditors.

Kalanfa Naka
4 Views · 20 days ago

⁣Following a wave of coups in Mali, Burkina Faso and Niger, military regimes have entrenched their rule, established the Alliance of Sahel States (AES), withdrawn from the regional bloc ECOWAS, and dismantled mainly Western-led bilateral and multilateral stabilisation mechanisms. These shifts have caused further disruption to an already unstable region plagued by ever-growing jihadist violence and economic hardship. With multilateralism in retreat, bilateral power dynamics are taking on new roles: Russia, Turkey, Iran and increasingly Qatar and the UAE are vying for diplomatic influence and economic footholds in the region.

Yaw Ababio
8 Views · 21 days ago

Buyer beware when moving to Ghana.

Yaw Ababio
13 Views · 1 month ago

Whenever the West says some old scheme is a thing of the past, you know they've just moved on to a more PR friendly version of the same. Colonialism is probably the prime example. Instead of exploiting people at the barrel of a gun, they now do it at the barrel of US Dollar denominated debt. Even resource rich and prosperous countries like Sri Lanka can't escape the terrible logic, once corrupt elites sign the contracts that kick-off debt-trap spirals of doom.

Today I’m talking to Dr. Darini Rajasingham-Senanayake. Darini earner her PhD from Princeton University and Is now a social and medical anthropologist with research focus on international development and political economy. She is also a prolific writer in several online outlets on the politics of South Asia and especially her native Sri Lanka. She often points out the neo-colonial structures and the many regime change operations that have been economically and politically devastating her part of the Eurasian continent.


Links:
Article: https://www.colombotelegraph.c....om/index.php/facades

Goods Shop: https://neutralitystudies-shop.fourthwall.com

Kwabena Ofori Osei
9 Views · 2 months ago

The World Bank has warned that Nigeria’s poverty levels are rising fast and will likely get worse in the coming years. A high cost of living and poor wages have eroded earnings and plunged millions into poverty. And the situation isn't helped by the government's decision to end decades of petrol subsidies.

Al Jazeera’s Ahmed Idris reports from Dan Tawaya, northwest Nigeria.

Subscribe to our channel: http://bit.ly/AJSubscribe
Follow us on X: https://x.com/ajenglish
Find us on Facebook: https://www.facebook.com/aljazeera
Check our website: https://www.aljazeera.com
Check out our Instagram page: https://www.instagram.com/aljazeeraenglish
Download AJE Mobile App: https://aje.io/AJEMobile

#nigeria #nigeriapoverty #hungercrisis #malnutrition #economicinequality #foodsecurity #economiccrisis #insecurity #costofliving #climateimpact #aljazeeraenglish

Kwabena Ofori Osei
29 Views · 2 months ago

Africa is rich—rich in copper, oil, gold, diamonds, and people. But its wealth flows out while its people remain in poverty.

Stealing Africa
Release date: November 28, 2012 (Finland)
Director: Christoffer Guldbrandsen
Writer: Niels Borchert Holm
Stars: Christoffer Guldbrandsen, Bernhard Elsener, Ivan Glasenberg
Country of origin: Denmark
Language: English
Also known as: Plundringen av Afrika
Filming locations: Rüschlikon, Horgen, Kanton Zürich, Switzerland
Production companies: Guldbrandsen Film, The Why Foundation

Stealing Africa explores the mechanisms that keep the continent poor long after the end of formal colonial rule—revealing how modern multinational corporations, global tax havens, and unjust trade systems continue to extract resources and wealth on a massive scale.

At the center of the story is Zambia, home to the third largest copper reserves in the world, yet a country where 60% of the population survives on less than $1 a day and 80% are unemployed. Meanwhile, in the idyllic Swiss village of Rüschlikon, local government coffers overflow thanks to one resident: Ivan Glasenberg, CEO of Glencore, a commodities giant whose Zambian copper mines generate billions—but almost no tax revenue for Zambia.

Through extensive research and access to public financial records, the documentary uncovers how multinational corporations legally avoid paying taxes through transfer pricing, offshore shell companies, and favorable tax treaties. The result? For every dollar in aid Africa receives, ten dollars quietly vanish—spirited away through financial flows that benefit corporations and wealthy nations.

Stealing Africa is not just a film about economics—it’s about power, inequality, and accountability. It lays bare the modern architecture of plunder and asks the crucial question: What does it mean to be "post-colonial" when the money still flows in the same direction?

Produced by Steps International, this documentary is part of the “Why Poverty?” series and remains a vital watch for anyone interested in global justice, development, and the real cost of globalization.

SUPPORT US!
✘ Membership - https://bit.ly/3q5XPBh

MORE DOCS!
► Gold: https://bit.ly/2IRZ0OA
► World Economy: https://bit.ly/36QlhEM
► All Playlists: https://bit.ly/3lOiCll

#finance #documentaries #economy copyright: All of the films published by us are legally licensed. We have acquired the rights (at least for specific territories) from the rightholders by contract. If you have questions please send an email to: info[at]moconomy.tv, Moconomy GmbH, www.moconomy.tv.

Kwabena Ofori Osei
4 Views · 2 months ago

Big Cocoa: Price Struggles In West Africa - Large corporations, also known as Big Cocoa, control the price of raw cocoa on the West African market and keep global prices low. But what can be done about this and how are prices actually set?

Big Cocoa: Price Struggles In West Africa (2024)
Interviews: Paul Schoenmakers, Michel Arrion, Axel Emmanuel Gbaou, Antonie Fountain, Terry Collingsworth
Genre: Documentary
Country: Germany
Language: English

Synopsis:
Around 5 million farmers produce cocoa beans worldwide, and they are exposed to the direct effects of world market prices for raw cocoa on a daily basis. Large corporations control the price of raw cocoa on the West African market and keep prices low. In 2020, Côte d'Ivoire called for a regulated minimum price for raw cocoa, and in 2022 the EU enforced stricter supply chain laws. However, it remains unclear whether these measures will actually lead to fair prices for West Africa in the long term. Moconomy interviewed VOICE Network, Tony's Chocolonely, Chocolatier Ivoirienne, the ICCO and human rights lawyer Terry Collingsworth to investigate how cocoa prices are set in the West African trade in raw cocoa - an issue that continues to cause controversy.

Copyright Moconomy GmbH 2024

SUPPORT US!
✘ Membership - https://bit.ly/3q5XPBh

MORE DOCS!
► Gold: https://bit.ly/2IRZ0OA
► World Economy: https://bit.ly/36QlhEM
► All Playlists: https://bit.ly/3lOiCll

#finance #documentaries #economy copyright: All of the films published by us are legally licensed. We have acquired the rights (at least for specific territories) from the rightholders by contract. If you have questions please send an email to: info[at]moconomy.tv, Moconomy GmbH, www.moconomy.tv.

Kwabena Ofori Osei
5 Views · 2 months ago

Africa is a continent rich in natural resources with a young population. African nations in theory have the potential to transform their economies. But many of them are facing mountains of debt.

Africa’s external debt climbed to more than $650bn last year.

More than half of African countries are either in debt distress or teetering on the edge. But credit restructuring is painstakingly slow, and many governments end up spending more on servicing their debt than on healthcare or education.

The debt problem has plunged many nations into economic crisis with rising unemployment and poverty.

Subscribe to our channel: http://bit.ly/AJSubscribe
Follow us on X : https://twitter.com/AJEnglish
Find us on Facebook: https://www.facebook.com/aljazeera
Check our website: http://www.aljazeera.com/
Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/
Download AJE Mobile App: https://aje.io/AJEMobile

#africa #economy #aljazeera #debt #unemployment #poverty #aljazeeraenglish #aljazeeranewslive




Showing 1 out of 2