South Africa’s ruling party has lost its moral and intellectual capacity to claim the mantle of leadership. The country’s economy won’t recover unless new political alignments emerge.
US President Barack Obama departs his last G20 summit.
Jonathan Ernst/Reuters
No election in recent times has so clearly presented American voters with such a stark choice when it comes to U.S. foreign policy. A guide to the major differences.
Major development banks are funding logging, mining and infrastructure projects that are having enormous impacts on nature. Here, forests are being razed along a newly constructed road in central Amazonia.
William Laurance
Big new investors such as the Asian Infrastructure Development Bank are key players in a worldwide infrastructure, and that could be bad news for the environment.
High-rise buildings amid shacks in Luanda. President Dos Santo has announced plans to retire amid growing unease among Angolans over deepening poverty despite a recent oil boom.
Reuters/Siphiwe Sibeko
Angola’s Dos Santos is buying time. His promise to step down is an attempt to diffuse growing political tensions, as repression continues. He might relinquish his position, but not his power.
Arthur Lewis’ impossible mission was to make possible Kwame Nkrumah’s famous slogan: seek ye first the political kingdom …
Reuters/Sahra Abdi
Nobel laureate and Kwame Nkrumah’s economic adviser Arthur Lewis saw Ghana as a testing ground for his ideas on economic development. But he was met with fierce resistance.
South Africans take their cue from what Finance Minister Pravin Gordhan says about the country’s economic outlook.
Reuters/Mike Hutchings
Forecasts are crucial for all economic and business activity. But looking into the future involves uncertainty and risk. Forecasts may be inaccurate, which creates a serious dilemma for policy makers
Most of the world’s poorest people now reside in middle-income as opposed to low-income countries.
Reuters/James Akena
Recent studies show that development aid to poor countries contributes in the long term to their economic growth. But the aid architecture has adapted slowly to a new reality.
Darling of Davos: Christine Lagarde.
EPA/Jean-Christophe Bott
The international conference for the economic recovery of Mali resulted in promises of substantial aid, but the areas targeted fail to address the country’s real needs.
We knew China couldn’t keep growing so fast.
Aly Song/reuters
A group of junior doctors, nurses and healthcare workers will not be employed by the Malawian government this year as it is cuts its wage bill to satisfy its international donors.