www.afripol.org strategist@afripol.org In the snowy winterland of Davos, Switzerland, eminent personalities and global leaders from diverse walks of life and different countries gathered for the annual economic summit. The August visitors to Davos include Presidents of countries, CEO of major corporations, civic leaders, top academicians and politicians. The purpose of the gathering is to […]
Explaining Obama’s Proposed ‘Budget Freeze’
Last week in his State of the Union address, President Obama announced a spending freeze. This week, he unveiled a budget that would increase federal spending by 5 percent [1] over this fiscal year’s budget and increase the federal deficit to a record-breaking $1.56 trillion. What gives? The announced freeze is on most non-military discretionary […]
IMF: INCREASING SDR CAN BENEFIT AFRICA
Economic perspective and analysis by Emeka Chiakwelu International Monetary Fund (IMF) will substantially increase its Special Drawing Rights (SDRs) from its lower original reserve to 204 billion which is proportionate to $324 billion. In the last G-20 summit held in America, the members of this important group of the largest economies gave the IMF the […]
States Ignoring Stimulus Welfare Fund
This story was co-published [1] with USA Today and will appear in that newspaper on Tuesday, Sept. 8, 2009. Hundreds line up outside a Chase Bank in Jackson Heights, Queens, N.Y., to take advantage of the free funds aimed at helping underprivileged children. Every child between 3 and 17 was eligible for $200. (John […]
Strangers In A Strange Land: Being An American In The 21st Century
Since we are now approaching the end of the first decade in the new millennium, and officially became what is known as a "senior" reaching my 55th year on this planet, I guess old age is finally rearing its ugly head as it tends to do. Which involves looking back more often, rather than ahead […]
National Association of Realtors Reports Uptick On Home Sales…..Really?
The scavenger National Association of Realtors took great pride and glee in announcing that real estate sales for July were up 7% from the previous month, the four straight month of increases in sales since August, 2007. Of course, summer is the time when most home buyers that are forced to relocate do so in […]
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