Author Archives: Olumide Abimbola

Warren Buffet: The rich should be paying a lot more tax

While the poor and middle class fight for us in Afghanistan, and while most Americans struggle to make ends meet, we mega-rich continue to get our extraordinary tax breaks. Some of us are investment managers who earn billions from our daily labors but are allowed to classify our income as “carried interest,” thereby getting a… Read More »

Norwegian comments on US coverage of the Norway terror

Magnus Nome in Open Democracy: While American cable news was not very good at its job, the Hall of Shame is reserved for others.  Worst of them all, former FOX employee Glenn Beck, who saw fit to compare the slaughtered youth of a democratic organisation in a free country to the compulsory, paramilitary, racist Hitlerjugend.… Read More »

The Economist Intelligence Unit reports on Banking in Sub-Saharan Africa

The Executive Summary: African countries south of the Sahara are poised to enjoy a surge in growth in their banking systems during this decade. The three main drivers of this development will be generally very high rates of economic growth, financial deepening to fulfil huge unmet needs for basic financial services and new technologies to… Read More »

Friday links

1. A series exploring the realities of life in Europe for African migrants – Al Jazeera 2. The number of attempted suicides is five times as high among young Turkish-German women than their ethnic German counterparts – Der Spiegel 3. Dissent in China (on Chinese citizens’ response to the train crash in Wenzhou) – The… Read More »