Tag: gold

29 June 2013 | Winnie Byanyima

 

Over the next decade, more than $1 trillion in natural resources will be extracted from the African continent. Currently, Africa exports more than $300 billion a year in oil, gas and mineral exports—more than four times the amount of aid the continent receives. But that money is not building roads, schools and hospitals for Africa’s people. In fact, booming extractives industries often lead to more poverty and powerlessness. 

29 April 2009 | Katie Malouf Bous

I’m writing this from a windowless room in the IMF basement where our Oxfam team has been camped out for almost a week covering the World Bank and International Monetary Fund Spring Meetings. You can really lose your perspective down here, away from the sunlight and the bustling streets of Washington. So we keep reminding each other to get outside to enjoy a few minutes of spring sunshine every once in a while to stay grounded.

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