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Tag Archives: Poverty

Africa-wide free-trade pact could lift 30 million people out of poverty

Bags of grain in crane net. Dock workers.

BLOOMBERG, JULY 27, 2020 By Prinesha Naidoo for Bloomberg – An Africa-wide free-trade pact could bolster the region’s income by $450 billion and lift 30 million people out of extreme poverty by 2035, if accompanied by significant policy reforms and trade-facilitation measures, according to a new World Bank report. While the African Continental Free-Trade Area entered into force legally last year, commerce that …

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Iran is being crushed by sanctions. Is that its reason to attack Saudi Arabia?

PortandTerminal.com, September 20, 2019 WASHINGTON – While Iran has officially denied responsibility for last week’s attacks on Saudi oil facilities, the likelihood of its involvement at some level is probable. Yemen’s Houthi rebels, who have the claimed the attacks, are closely aligned with and funded by Iran. It is unlikely that an attack of this sophistication and magnitude could have …

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