Italy has faced a massive influx of foreign national and refugees to its shores, and recently made incendiary statements regarding Frances’ role in the continuing instability in Africa. Italy’s inflammatory statements likely comes out of a state of frustration and helplessness, as it grapples to handle its own economic instability and the steady consuming wave…
Tag: austerity
Angola and The Changing Face of Debt
In early February 2018, Angola signed a 70-million-dollar agreement with the World Bank to develop the nation’s local economy. The loan is specifically targeted at infrastructure construction of medical centers, staff residences and other public works. The African nation has unsuccessfully sought to attract investors and appears to be turning its aspirations inward. Like many…
