Showing posts with label Venezuela. Show all posts
Showing posts with label Venezuela. Show all posts

Friday, February 9, 2024

How Subsidy Removal Fuels Hunger In The Land

 By Adekunle Adekoya

Last week the video of a man seen crying in front of a market stall where he had gone to buy foodstuffs trended heavily on the internet, as it was widely shared across many platforms — chat groups on WhatsApp, on Facebook, and others. The man was seen in front of a shop where common foodstuffs like rice, beans, gari and others were on display for sale. After asking for the prices of the food items, he realised that he couldn’t afford to buy them with the money he had. He broke down, crying.

It is trite news that prices of everything, including and especially food items, have grown wings, taken off from the ground where they were before May 29, 2023, hit the roof, burst through into the skies, and are now headed for outer space. What is more worrisome is the rate at which prices increase. Sometimes it’s at three-day intervals, at other times, weekly, and most fearful of all, daily.

Friday, June 16, 2023

The United States Recurring Memory Loss In Diplomacy

 By Owei Lakemfa

Four archenemies of the United States, US, met variously in its Latin American ‘backyard’ this week. It was the five-day Iranian President Ebrahim Raisi’s to Venezuela, Nicaragua and Cuba. No, the quartet did not make themselves enemies of the US, it was the latter which at various times had dictated to those countries, that designated them as such.

All four are under the unilateral sanctions of the US which punishes any country that dares befriend them. So only the independent-minded and strong countries maintain trade relations with them.

Monday, January 30, 2023

Democracy Without Democrats, Leadership Without Honour

 By Owei Lakemfa

In Geneva, Switzerland, an acquaintance once apologised that he was some minutes late for our appointment because he went to vote that morning. Everywhere and everything appeared normal. There was no indication of voting going on. I reflected that back home, elections even at state level are emergencies in which curfew is imposed, movement restricted and the army, police, intelligence and other security services turned out on the streets.

In November, 2021, I was an observer at the elections in Venezuela. It was a Sunday because the Venezuelans would not allow a disruption of their normal activities, including on Saturdays when a lot of trading goes on. Sundays are their rest days, so they can afford an hour or two.

Monday, April 13, 2015

The 10 Most Corrupt Countries In The World











(pix: Michigan.gov)






By Sam Becker
Corruption and economic turmoil often go hand-in-hand. In western nations like the United States, and in many European countries, we often see corruption come to light as the result of whistleblowers or journalistic efforts. But in many other areas of the world, however, corruption plays a major role in fostering staggering poverty and broken economic systems in a much more blatant way.

Oftentimes, specific power structures and government architectures provide an easier means for corrupt politicians, businessmen, or military officials to exploit the system. Many governments have their roots in constitutions from generations ago, and have outgrown their current systems. Many other countries are ruled by a variety of independent tribal leaders and often lack a centralized power structure with any meaningful sway.

Transparency International developed a comprehensive list of the world’s most corrupt nations last year, and the countries that top the list probably won’t come as much of a surprise to many. The study ranks countries on a scale from 0 to 100, with zero being the most corrupt, and 100 being the least.

Of course, corruption comes in a variety of forms, so getting a precise gauge is difficult. But perception itself is a very strong tool, and can have a big effect on its own. If the study reveals anything, it’s that the world overall has a huge issue in terms of corrupt officials. By looking at the Corruptions Perception Index, along with the existing power structures and economic systems within each country, the picture does become a bit clearer. That’s why we dug a little deeper, examining the rankings for ourselves.

Although not among the top ten, we’ve included the United States on the list to give perspective as to where America ranks internationally in terms of corruption and economic strife. By Transparency International’s calculations and scale, the U.S. is sitting fairly pretty, although it’s common knowledge that there are definitely issues with how things are run in Washington. Other countries you might expect to see like Russia, Mexico, or Venezuela all have their places as well, and the full list of 177 nations can be viewed straight at the source from Transparency International.


Here are the most corrupt nations in the world, as ranked by Transparency International, with additional insight into the issues and factors plaguing each one.

CLICK HERE TO SEE THE TEN COUNTRIES