Word: nationalism
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...Singapore Petroleum for just over $1 billion and will probably move to purchase the balance of the company. China recently proposed a deal to lend $10 billion to Brazilian oil giant Petrobras to help it develop deep sea crude deposits. In exchange, the world's most populous nation has negotiated getting a steady flow of oil from Brazil at market prices...
...Chinese mineral firm Chinalco has bought into metals giant Rio Tinto (RTP) which raised concerns with the U.S. and Australian governments about whether they want a foreign nation to have such a large stake in a company which supplies commodities to major corporations all over the world. (See pictures of China's rebuilding efforts...
...been 100 days since Zimbabwe passed from crisis into the hands of the strange and strained partnership of President Robert Mugabe, who has ruled the nation autocratically since 1987, and Prime Minister Morgan Tsvangirai, who defeated Mugabe in a controversial election last year but, despite intense international pressure, was not able to oust him from power...
Across Central Asia, they are a common sight: portraits glorifying each nation's leader. Rising above the people on roadside billboards and taking pride of place on the walls of local government offices, visual tributes to the region's sitting presidents outnumber internet cafes, independent newspapers and working bank machines. But Tajikistan President Emomali Rakhmon aims to change all that. He has issued a decree that all portraits depicting him with local politicians are to be torn down immediately...
...their status by basking in his reflected glory. Rakhmon, a former cotton farm boss whose prezident.tj website features nearly a dozen pictures of him on the homepage alone, led pro-communist forces against Islamist rebels during Tajikistan's civil war in the 1990s and became leader of the nation in 1992, a year after independence. The nation's longest-serving president, Rakhmon continues to command popular support, despite his rule being plagued by rampant corruption, vote rigging and unemployment that has forced around half of the male population to leave for Russia as guest workers. "Lately, people have been using...