Word: riche
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Dates: during 2000-2009
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...Qaeda link is true, then the huge West African country, which is sharply divided between Muslims and Christians, may indeed have become a new recruiting ground for the cause of Osama bin Laden - a situation Western officials have been concerned about for some time. Furthermore, the oil-rich yet impoverished sub-Saharan African nation sits on a religious fault line, its 150 million people split almost evenly between Muslims in the north and Christians in the south. Bin Laden is widely admired in the arid, Muslim north. It has become fashionable for some Muslims to name their sons after...
...every indicator of social health in wealthy societies is related to its level of economic equality. (See the data here). Comparing statistics between developed economies and within the U.S., Wilkinson and Pickett argue GDP and overall wealth matter little to wealthy societies. Rather, it is the gap between the rich and poor that is telling. They spoke to TIME about what they believe are revolutionary findings...
...just the poor who suffer in unequal societies? KP: The impact of inequality, although greatest among the poor, does seem to effect people almost all the way up the income ladder. We are not sure about the super-rich. They make up less than 1% of the population, so it's difficult to track...
...weeks this autumn, there were hopes that the long-running civil war in the Niger Delta in southeastern Nigeria might finally be coming to an end. President Umaru Mousa Yar'Adua announced an amnesty deal for rebels and promised billions of dollars of investment in the poor but oil-rich delta, a 10% stake for the local population in the region's oil ventures and a small monthly stipend and re-training for ex-fighters. In return, thousands of militants declared a ceasefire and handed in their weapons, while their leaders initiated talks with the government on an eventual peace...
Nigeria matters. As oil-rich nations from Russia to Venezuela to Iran become ever more nationalistic and tighten their supplies of fuel, more high-quality oil discoveries are being made off West Africa's coast, giving the world a (usually) reliable new source of oil. The U.S. already imports 16% of its oil from Africa, according to the U.S.-based Energy Information Administration, and wants to raise that to 25% in the future. Nigeria holds by far the biggest reserves in Africa and supplies 8 to 10% of all U.S. oil imports, according to the EIA. But in recent years...