Democracy is an illusion! It’s become a political system fostered by the élite, for the élite, in order to fool the people that they have a stake in the system. In actual fact, they have virtually none. The whole political system in the modern era, despite having noble beginnings, is now used to benefit the few at the expense of the many. – Mark Alexander, June 29, 2018
Showing posts with label 2017. Show all posts
Showing posts with label 2017. Show all posts
January 05, 2017
November 21, 2008
BBC: Yemen is facing an economic and political crisis as the country's oil resources near exhaustion, a report by a London-based think-tank says.
The Royal Institute for International Affairs warns that instability there could expand a zone of lawlessness from northern Kenya to Saudi Arabia.
It describes Yemen's democracy as "fragile" and points to armed conflicts with Islamists and tribal insurgents.
One diplomat says that the country's prospects get worse every month.
The World Bank predicts that Yemen's oil and gas revenues will plummet over the next two years and fall to zero by 2017 as supplies run out.
Given that they provide around 90% of the country's exports, this could be catastrophic.
An unnamed energy expert is quoted in the report as saying that this points to economic collapse within four of five years time. >>> By Martin Plaut, BBC News | November 20, 2008
The Dawning of a New Dark Age (Paperback & Hardback) – Free delivery >>>
Subscribe to:
Posts (Atom)