Lessons in the "economics" Category

What do you think of Donald Trump so far?

Today we will discuss Donald Trump. What do you think of him so far? Is he doing everything you expected? Is he living up to your dreams? Are you disappointed with him? Is he the right man for the job? Should Hillary Clinton have been president?

Donald Trump is now the 45th President of the USA. He’s running the United States of America. The new American president stepped into the White House on Friday January 20th. Depending on your politics, you either love him or hate him. His deputy, Mike Pence, is the new Vice President of the USA.

Eurozone slides into recession…

Recent news from Europe tells us the Eurozone has fallen back into a double-dip recession, as the debt crisis deepens. Even the economic powerhouse of Germany is suffering with a slowdown in its economy. The 17-country region, which represents a fifth of global output, shrank by 0.1% in the third quarter of 2012 (July-September). It shrank by 0.2% in the previous quarter (April-June).

Category: Europe / Eurozone / Statistics

Is Africa a new Chinese colony?

Less than one hundred years ago Africa was still being colonised by the western imperial powers. Large parts had still yet to be discovered. The British Empire was nearing its peak with red covering many countries on the new map of the African continent. France, Germany, Italy, Portugal and Belgium all had colonies there. Yet today where are they all?

Having kicked out their imperial western masters and gained their independence today’s African leaders have turned their backs on the west. Instead they have set their eyes firmly towards the east. China has emerged as the new Asian tiger – or should that be dragon. Hungry for raw materials, land and energy China has for a number of years now been quietly doing massive amounts of new business all over the African continent.

Thousands and thousands of Chinese have been relocated to Africa to organise and deliver many precious raw materials. China desperately needs them due to its own shortage of raw materials. Over the last decade a staggering 750,000 Chinese have resettled in Africa. Many more are coming. Africa is rapidly becoming a new Chinese colony or satellite state.