Word: aid
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Dates: during 2000-2009
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...Darfur, the Democratic Republic of Congo and Somalia. But in other parts of the continent - Ghana, Rwanda, Tanzania and much of southern Africa - a new generation of African leaders has embraced democracy and the rule of law, and is making clear a preference for business and self-reliance over aid. Despite the global downturn, the International Monetary Fund predicts sub-Saharan Africa will grow by an average of 1.5% this year. Seven African countries will grow by 5% or more, with Liberia expecting 4.9% growth in 2009 and 7.5% next year. While the G-8 leaders discuss how to help...
...Nelson Hill, 39, BRE's nursery manager. "When the company arrived, people were just sitting around. Most people had never had a job. Now people are singing in the fields." McCall MacBain, who plans to replicate the model elsewhere in Africa, says the most common reaction he receives from aid workers who visit is: "This is what we need to be doing...
...prefer business over aid? I do not think aid is sustainable in the long run. We have good friends that come to our aid in the short term, but they'll move on. Only the private sector is sustainable. There was a time when we were an exporter of coffee, cocoa, rubber and palm oil; in minerals diamonds, gold and iron ore. Our task now is to reactivate all of those sectors [while looking at] new areas [like] our offshore oil potential...
...July 20 a delegation of New Fabris staffers will go to Paris and meet with French Industry Minister Christian Estrosi, who Eyermann says will be asked "to put pressure on [Peugeot maker] PSA and Renault." With both companies having received most of the $8 billion in state aid the government distributed to French automotive groups to weather the recession, Eyermann argues they should now help out industry workers who are losing jobs to the slowdown...
...recent in a series of escalating acts of intimidation by French workers facing layoffs. Last April, French fishermen furious over the effect European Union fish quotas were having on their bottom line blocked traffic in and out of North Atlantic ports for two days until they were promised state aid. Recently, France has witnessed a series of so-called bossnappings, in which CEOs of firms are held hostage by employees until job-elimination numbers are reduced or severance payments increased. (Read "Why the French Love to Strike...