China’s economic slowdown is proving especially painful for countries that depend on Chinese investment. The Chinese are set to invest less in foreign countries this year, as their government takes steps to reduce the flow of its currency into overseas markets. Resource-rich countries in Sub-Saharan Africa, like Zambia, are suffering as a result.
The women sat quietly in a village church in northwest Zambia, the sun slanting down on their colourful Sunday outfits as they told how life had changed since their chief sold a tract of land to a foreign firm for a new copper mine, displacing hundreds of families.
Alaska is perhaps the place where the conflicting interests between core interests and requirements to reduce energy consumption or use more expensive renewable energy are most apparent, writes Stratfor, the Texas-based global intelligence company.
Illicit trafficking of diamonds from Central African Republic into neighboring Cameroon is helping finance the continuation of a nearly three-year conflict, an expert panel that monitors U.N. sanctions said in a confidential report.
Wooden houses in the old village of Didipio have been abandoned – the community moved to make way for a large scale gold mine owned by a New Zealand company.
If you’re a government pondering the development of newly discovered natural resources, how do you avoid the so-called “resource curse” – the tendency of high value extractive resources, like oil, gas, or minerals, to, instead of prosperity, bring corruption, entrenched poverty, and even violence?
In the past, the discovery and tapping of valuable or strategic resources like valuable minerals, oil and natural gas, particularly in developing and emerging countries, has often led to large scale environmental contamination and negative development.
The inauguration of Nigeria’s new president, Muhammadu Buhari, sets the stage for an unprecedented alliance of public- and private-sector actors to perform something close to a miracle: reverse the ravages of the so-called oil curse.
Natural resources rarely feature during peacebuilding efforts, but there is growing evidence that this is a mistake. The UN Environment Program and Department of Political Affairs recently created a Guide to natural resources for conflict mediators. Michael Brown is one of the authors of the Guide and senior mediation expert in natural resources and land conflicts for the UN.
Source: WWF