Word: africas
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...Brazil What Happened to Flight 447? On June 2, search teams combing the Atlantic Ocean discovered bobbing wreckage from the Air France jet that vanished between Brazil and West Africa two days earlier. But the mystery of why the Airbus A330 went down may endure--a lead investigator suggested that the doomed aircraft's voice and data recorders may never be plucked from the mountainous ocean floor, more than a mile below. Meteorologists suspect the wide-body jet encountered a band of towering thunderstorms packing 100-m.p.h. (160 km/h) winds as it flew from Rio de Janeiro to Paris...
...Gleneagles, the leaders of the U.S., Japan and the wealthiest European countries vowed to supply $21.5 billion in aid to Africa by 2010, to help the continent work its way out of poverty by tackling dire problems in health and education. But with just a year to go, only $7 billion of the additional $21.5 billion has come through - with France and Italy accounting for the bulk of the shortfall, although that could rise to about $11 billion by the end of this year. The star of the donors is Britain, which is on track to become the first...
...Cuts in aid budgets by the industrialized nations could prove disastrous for some African countries, according to the Africa Progress Panel, a group led by former U.N. Secretary-General Kofi Annan. "The financial meltdown that evolved into an economic recession has now become a development crisis," warns the panel's report, released on Wednesday. "Combined with the food crisis, the volatility in fuel costs and climate change, it threatens to reverse Africa's recent progress...
...Despite Africa's being a major focus of G-8, the group includes no African leaders - nor China, whose investment in African infrastructure exceeds that of all the G-8 countries combined. Singer Bob Geldof urged on Thursday that the discussion be widened, warning that unless more countries are at the table in international decision-making, "our system will fail again." (See pictures of China doing business in Africa...
...some African economists and political leaders, the aid shortfall isn't necessarily the most critical problem. A fierce debate is playing out among aid and government officials about whether money for Africa is even worth it - ignited largely by the best-selling book Dead Aid, written by the Zambian economist Dambisa Moyo, who argues that $1 trillion in Western aid during the past 50 years has left the continent more poor and dependent. Her sentiments were echoed by Rwandan President Paul Kagame, who wrote in the Financial Times last month that "as long as poor nations are focused on receiving...