Kristalina Georgieva is staying on as the top leader of the International Monetary Fund (IMF). The executive board expressed confidence in her early this week. Because of a scandal dating back to her time at the World Bank, her tenure had been in doubt. In my eyes, she is at most guilty of minor sins and deserves to stay at the helm of the IMF.
As tensions between the US and China are growing, some people are beginning to ponder whether low-income countries can benefit from superpower competition. The idea is misleading. The plain truth is that humanity cannot afford another Cold War.
The western-led military intervention has suffered defeat. Opinion pieces in various German media keep reiterating that it was a mistake to try to build a modern democracy in a society which is, the authors state, marked by “mediaeval traditions” and “tribal attitudes”. This narrative is self-serving because it avoids even mentioning the serious flaws that marked western engagement in Afghanistan. It is also condescending because it blames failure on the victims, the Afghan people. As editor-in-chief, Hans Dembowski has been observing the conflict for two decades and he now concedes that two crucial issues are still not well understood in western countries.
Two kinds of news stories have recently been proving that Black people are still exposed to serious racism in the USA in 2021. First, Republicans in many states are changing voting laws in ways designed to reduce the participation of minorities in elections. Second, police violence against people of colour keeps occurring. In this context, the history of racist ideas is most relevant – and a Black scholar published a book on the matter in 2016. This article summarise some of his conclusions.
Jeffrey Moyo regularly writes contributions for D+C Development and Cooperation. He was arrested in Harare, where he lives, on Wednesday, and then transferred to Bulawayo. As we learned today, he is still being denied bail.
In the past two weeks, violence has brutally re-erupted in Israel/Palestine. Hamas terrorism is unacceptable, but Israel's authorities are certainly not blameless either, as recent opinion pieces in the New York Times have pointed out.
The debate on whether intellectual-property (IP) rights regarding Covid-19 vaccines should be waived has been gaining steam in the past few days. The situation is awkward in several ways. It shows that not only rich nations have failed in recent years.
If you believe that the USA is in terminal decline and China the irresistibly rising world power, spare a thought for the Oscars. Global hegemony depends on more than manufacturing and military prowess.