On the heels of the U.S. reversing an anti-corruption “resource extraction rule,” new revelations concerning Shell’s complicity in one of the largest corruption scandals in Big Oil’s history illustrate how resource-rich countries fall victim to the “resource curse” – corrupt officials making off with the revenue from sales of natural resources at the expense of the masses. Foreign Policy reports.
Nigeria doesn’t need bailouts; it needs to change its governance. Lawrence Solomon reports for the National Post.
(February 14, 2011) The article from the Daily Independent in Nigeria explains how governments can profit from the panic over climate change.