The Magnanimity of Despots and the Fall of the House of Bongo

Ali Bongo has just promised to give a tiny sliver of his fortune to the people of Gabon. It is probably too little, too late.

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New Frontiers: The Rush to Invest in Frontier Markets

If any event could illustrate the fragility of the BRICS conceit, it is the recent blackout in India, which left as many as 600 million people without power for up to two days. More than anything else, it reveals the sorry state of India’s governance.

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