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Bloody Year: What Have the Separatists Achieved?
On the 7th of April 2014 a mob of people occupied the regional council building in the Eastern Ukraine city of Donetsk and proclaimed independence as the Donetsk People Republic (DNR). At the time, most people looked at it like a joke, calling the new republic “Our Local Vatican”. The […]
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An empty house of freedom – the two paradoxes of Kosovo
Seven years after it gained independence, the country that numerous Western countries once fought for is now facing an unprecedented exodus of its people. And they might have nowhere to go. At first, their reasons for leaving do not differ much from a standard answer sheet coming from migrants all […]
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Why Ghana’s IMF Bailout May Soon Repeat Itself
Recently, in one of my economics classes, a heated discussion erupted on Ghana’s International Monetary Fund (IMF) bailout programme. The discussion comes at a time when the country is grappling with high inflation, continuous depreciation of the cedi against major international currencies and high fiscal deficits which have seen the economy go through an […]
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Nigeria Has Decided
Nigeria, Africa’s most populous nation, elected a former military ruler Muhammadu Buhari as its new president. Mr. Buhari defeated the incumbent president Goodluck Jonathan in a tightly contested March 28 election. This was the first time since 1999 that a sitting government in Nigeria is defeated in an election. President […]
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Electricity Outages Causing Ripple Effects in Ghana’s Economy
Ghana is currently facing its longest power crisis ever. Despite Ghana Government’s promise to fix this problem by offering alternative sources of power, the country is still experiencing frequent power outages. With a huge public administration wage bill, a consistently depreciating cedi (Ghana’s currency), and other macroeconomic instability indicators, the country […]