Uganda’s Yoweri Musuveni – I’m Here To Stay, Don’t Dream Of Replacing Me

Uganda's long term President, Yoweri Musuveni, has told opposition leaders that he's not going anywhere and they should put aside any dream they might have that he will hand over power anytime soon. On the one hand this is...

IMF Tells Ethiopia – No More Foreign Currency Market Borrowings, Probably Sensibly

The IMF has told the Ethiopian Government that it really must stop borrowing from the overseas markets in foreign currency - this is probably a very sensible idea. Not because more capital wouldn't aid in developing the country, but...

Nigeria’s Minimum Wage Is Too High At $80 A Month – Don’t Raise It

There's a threat of strike action in Nigeria over the new possible level of the national minimum wage. The problem is that the demand of N 30,000 (call it $80 among friends) comes when it is obvious that the...

Oh, The Joy, The Irony – Kenyan MP Johnny Savula Arrested Over Advertising Graft

In common with a number of other poor places Kenya is wracked with corruption in public office. This being one of the things which goes along with poverty, the government splashing the tax revenues into the pockets of the...

India’s Pulse Market – The Latest Piece Of Fear, Uncertainty, Doubt Is Glycophosphate Residues

As we've seen endlessly in the tech markets there's nothing like sowing a bit of fear, uncertainty and doubt to make sure that people don't stray off the desired path. So we might think it is with this latest...

Claim And Counterclaim – Fig Tree Growing Out Of Murder Victim’s Stomach

Some stories are just too good to be true. At which point we get those spoilsports in responsible media outlets telling us that they're not true. Proving, once again, that a lie can be halfway around the world before...

A Rise In The Price Of Gold Kills Baby Girls In India

This isn't what we' want to be happening but then economics is a normative, not positive, science. It describes what happens, not what ought to. Given the long standing concerns about "missing girls" it's not a r#surprise that this...

We Could All Learn From Pakistan Flogging Off The Politicans’ Cars

Imran Khan's pledge to flog off a decent portion of the State's assets has started with the auction of 61 cars from the government fleet. Given the financial problems in the country this is only a sop, of course...

Giriraj Singh Insists India’s Development Is Pro-Hindu

This isn't quite how the Union Minister, Giriraj Singh, actually puts it but it is the clear implication of his statements about population. Development in India in recent decades has been - in effect even if not in intent...

Modi’s Mistake – A Falling Rupee Curbs India’s Current Account Deficit Anyway

It's entirely true that the average voter isn't entirely right up to date with the intricacies of trade theory. Heck, most politicians aren't and they set trade policy. Thus governments often enough pander to the misunderstandings of the voters...

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Kill The Jones Act, Kill The Jones Act Dead Right Now

The Jones Act is a protectionist measure which states that cargo between American ports may only be carried by American owned, American crewed and...