ANC Leader Portrays Nation’s Wealth and Inequality

By Lisa Vives, Global Information Network NEW YORK | CAPETOWN (IDN) — Almost three decades since the end of apartheid, South Africa remains the most unequal country in the world—where the richest 10 per cent of the population owns more than 85% per cent of household wealth—a gap higher than any other country for which […]

Western Russia Sanctions Hurting African Economies, Says AU Head

By Lisa Vives, Global Information Network NEW YORK | MOSCOW (IDN) — African Union chair Macky Sall, after a meeting with Russian President Vladimir Putin, has urged western and European “partners” to remove their sanctions hurting African economies. Senegalese president Sall underscored the pain resulting from the barrage of international sanctions on Russia which have […]

Russia’ Move to Reshaping the World Economy

Viewpoint by Dr Ramzy Baroud WASHINGTON, D. C. (IDN) — Starting on May 31, Russian Foreign Minister Sergei Lavrov embarked on a tour of Gulf Cooperation Council countries, where he visited Bahrain, Saudi Arabia, United Arab Emirates, among others. Lavrov’s main objective of these visits is to strengthen ties between Russia and GCC nations amid […]

Russia Abandons Zimbabwe’s Biggest Platinum Project

By Kester Kenn Klomegah* MOSCOW | HARARE (IDN) — Several reports monitored this month confirmed that Russians have abandoned their lucrative platinum project contract that was signed for US$3 billion in September 2014, the platinum mine in the sun-scorched location about 50 km northwest of Harare, the Zimbabwean capital. Reasons for the abrupt termination of […]

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