Via National Interest, a look at Afghanistan’s economic situation: As recently as four years ago, Afghanistan’s war economy was on the brink of collapse when unemployment soared following the departure of thousands of American and foreign forces that had, in effect, created a parallel economy. At the time, the Afghan government had no functioning fiscal […]
Read more »Courtesy of Foreign Policy, a sobering look at the tragic — and totally avoidable — self-destruction of one of the world’s richest oil economies: In the spring of 1959, at a secretive meeting at a yacht club in Cairo, Venezuela’s then-minister of mines and hydrocarbons, Juan Pablo Pérez Alfonso, hatched a plan to give big […]
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