Word: nigerias
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...always significant, we’re hoping it can give us some momentum and a little credibility as we start our journey here in the Ivy League.”Ben-Eze might be Harvard’s biggest recruit ever. The 6-foot-10, 230 pound native of Nigeria reportedly picked the Crimson over Marquette, Virginia, and Virginia Tech—three teams that reached the NCAA Tournament last year. ESPN.com ranks him as the 66th-best player in the class of 2008, and according to that website, is a skilled shooter, an excellent offensive rebounder, athletic inside scorer...
...have been hitting record highs with giddy regularity recently, in spite of dangers such as the murky outlook for the U.S. economy. The CSI 300, a benchmark index for China stocks, has nearly quadrupled in the past year, while India's Sensex index is up 35% since January. Even Nigeria's stock market, a relative newcomer to the radar screen of global investors, has jumped almost 60% in 2007. (The value of stocks listed in Nigeria is now almost double that of shares listed in Argentina, even though Argentina's economy is far more developed and twice the size...
...previous stints in power were tainted by human-rights abuses and widespread corruption. During her tenure, Amnesty International accused Pakistan of having one of the worst records of extrajudicial killings, torture and custodial deaths, and in 1996 Transparency International named the country the second most corrupt in the world. (Nigeria came in first, locals quip, because Pakistan bribed the corruption-monitoring organization.) But faith, hope and loyalty still run strong in Sind, where much of the population is uneducated and depends on landlords, employers and party leaders to tell them for whom to vote. If Bhutto had to make...
...lead to the "resource curse" - a government-connected élite profits, most people still suffer, and the economy winds up dependent on petroleum and facing inflation from rising oil revenues. Nigeria, for example, ranks in the top 10 of world oil exporters, yet 60% of Nigerians live below the poverty line, and the country's Economic and Financial Crimes Commission has said that the government has stolen or wasted some $400 billion, a fair share of which presumably came from...
...Many Asian countries could go Nigeria's way so far as oil is concerned. Cambodia, which is still recovering from the Khmer Rouge era, ranks near the bottom of Transparency International's Corruption Perceptions Index, and does not possess the institutions to monitor how the government uses its new oil riches. East Timor's economy will have almost no other foundations - studies estimate over 90% of government revenues eventually will come from oil. Before its latest brutal crackdown on peaceful protestors, Burma's military regime already demonstrated such little concern for its people that it reportedly spent among the lowest...