The World Economic Forum in Davos is a highly selective club where the movers and the shakers of the world come together. Its influence over governments to shape the global economy in the corporate interest is real.
Africa’s poor gained little or nothing from colonialism. However, its elites bloomed because of it. They were given a ladder to climb the global pyramid. African millionaires, who today live on the upper layers of the pyramid with bank accounts in Western capitals, certainly owe their fortune to colonialism.
Not since the energy crisis of the 1970's has there been so dramatic a demonstration of what lurks behind attempts to control the price of energy as in the current debacle taking place in California.
A Palestinian official report asserts that the Palestinian industrial sector incurred $550 million losses due to Israel’s bombardment and assaults, closure of checkpoints as well as siege of cities.
