In October the IMF described a “two-track growth pattern” in sub-Saharan Africa. On one track are most of the 23 countries with sizeable exports of non-renewable commodities such as oil, gold or diamonds. These include Angola, Nigeria and South Africa. As prices for their exports sagged, their GDPs per person have dropped in the past decade. Most resource-rich countries have also been focused more on dividing the spoils of the boom years than on using the proceeds to build resilient economies.
Tag: Donald Trump
Trump’s 2.0: Testing Period for Saudi-Iran Rapprochement
The shifting geopolitical landscape in West Asia has become particularly evident after the Saudi Arabia-Iran rapprochement. Despite the prevailing instability in the region exacerbated by the Gaza crisis, the détente between these arch-rivals has opened diplomatic channels to bolster cooperation. Amid rising pragmatism in the Gulf, Donald Trump’s victory in the presidential elections has brought United States policy in the region into the spotlight.
What Trump’s Return to the White House Means for America, the World and India
As the world braces for another chapter in the American experiment, the return of Donald Trump to the White House promises not just a change in leadership, but a seismic shift in the global order—one that will be felt in corridors of power, war-zones, and beyond.