Wednesday, November 29, 2006

George Monbiot writes about the IMF and its very undemocratic structure which is a main reason why it is so largely ineffective in reducing third world poverty. Because rich countries like the US, Japan and those from Western Europe have most of the shares or voting power in the organisation, they get to control the decisions and implement policies and plans favorable to them and veto those which are not.

Moving on to Africa, this article talks about the many struggles the Democratic Republic of Congo, formely Zaire, had to face in its recent elections. The first paragraph is one of the funniest things I've ever read. It is really hilarious even if somewhat tragic in what it is based on. The article is quite grim and makes clear the problems that still plague this country.