Oil-price volatility highlights the fragility of a development model based on a single resource. For oil-producing countries the imperative of adopting a more diverse investment strategy can no longer be ignored.
A new face for racism in America
The first lady Michele Obama is now confessing that she has suffered racial bias at a Target supermarket.
Even the President admits having had difficulties getting a cab in Chicago.
The ordeal of being black in America seems to have no end
Maybe racism has never really gone away, in America, rather seeking refuge in institutions, legislation and systemic failures.
It is no wonder Spike Lee, Louis Farrakhan, Jeremiah Wright keep the dialogue belligerent because they still see a society that is not incorporating the black populations properly.
If an African American can rise to the highest office in the country and still suffer racial indignation, what hope is there for the rapper or athlete?
If a black president can still suffer the ignominy of public racism what can the black man do to feel the genuine embrace of the white man?
The ordeal of being black in America seems to have no end.
The onus may lie on the leadership of the African American community to restore and reconnect with the political, social and economic cause of Reverend Martin Luther King and his fellow campaigners, such as Medgar Evers and Malcolm X.
Whichever way the journey goes, the struggle to liberate blacks in America can’t just end with the Presidency of Obama.
Now more than ever, the fragmentation of the US along racial lines has been laid bare for all to see and the restoration of hope lies not in the white man’s willingness to be tolerant but rather in the black man’s ability to continuously fight for equity, freedom and justice.