Five years ago, economists prophesied a prosperous future for Nigeria, and the rest of the continent. Yet today, the country is facing what one leading Nigerian academic recently told me is its “biggest crisis since independence”. The devaluation of the Nigerian naira by 230% over the past year, along with a huge rise in inflation, has sparked an economic crisis unequalled in its modern history. With meat, eggs and milk now a luxury, there have been reports of people in the north of the country being forced to eat poor-grade rice usually used as fish food.
EU politics
RTE: EU and Mercosur group agree draft free trade deal
Did anyone really expect anything else? What international corporations and Germany want from the EU, they get. Read here
Corruption
Craig Mackay – Endemic Corruption in the UK?
Europeans believe they have very little corruption. That is because laws have been created to make corrruption legal – at least when it is on a large scale. Read here
EU politics
George Monbiot: Referendums get a bad press – but to fix Britain, we need more of them
650 parliamentarians decide for 66 million Britons. Elections are years apart. Is that really democracy asks George Monbiot. There must be a way to improve this system: referendums. The sort of referendum used for Brexit […]
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