Fall of Dictators and Unfinished Revolutions in the Middle East

The Middle East in 2011 witnessed a wave of revolutions that was called the Arab Spring, through which people rose in revolt against decades-old dictatorships and oppressive regimes. For the first time, social media played a greater role in mobilising people and raising their voices over the world. Among the Middle East, one country receiving great traction to the movement was Libya. Colonel Muammar Gaddafi has ruled the nation for 42 years. Although the regime was infamous for human rights violations, suppressed dissent and censorship, the country remained politically stable and economically in good flowing condition.

A Nudge for Europe’s Economy

The European Union’s (EUs) economy is only about 1 percent bigger than it was a year ago. And inflation, at 2.3 percent in November, is close to the European Central Bank’s target of 2 percent. The prices of services across various member countries among EU have been rising by around 4 percent a year and there is sustained pressure from growing wages – the Netherlands, which has the most up-to-date figures, estimates these as rising at 6.5 percent.

The Group of Seven is the new Saviour of Africa

Group of Seven (G7) is an informal grouping of advanced democracies (Canada, France, Germany, Italy, Japan, United Kingdom and the United States) that meets annually to coordinate global economic policy and address other transnational issues. The G7 plays a significant role in global governance, as its member countries are among the world’s largest economies and have a substantial impact on international relations. The G7’s engagement in Africa is crucial for sustainable development, as the continent faces numerous challenges, including poverty, climate change, and security threats.