By Jomo Kwame Sundaram Public investment and basic social protection can turn around economies by creating millions of jobs Recent political developments, including the defeat of incumbent governments in France and Greece, suggest that the public’s tolerance for economic policies that do not reduce unemployment has collapsed. Indeed, given the …
Read More »Global protests and the end of the 200 year humiliation of China
By Andrew Mwenda and Mubatsi A. Habati Renowned political philosopher, Mahmood Mamdani, speaks to The Independent’s Andrew M. Mwenda and Mubatsi A. Habati about how the West is learning from the rest as Africa is caught at its weakest point. Tell us about the occupy movement in the West. What …
Read More »Global crisis: How world leaders want to fix it
By The Independent Reporter FRANCE French President Nicolas Sarkozy, holder of the European Union’s rotating presidency, and British Prime Minister Gordon Brown are pushing for reforms to the world’s financial architecture and leading on European measures to stabilize banks and restore confidence to markets. But France’s foreign minister, Bernard Kouchner, …
Read More »Global organic cotton expands by 152 percent
By Independent Reporter Thanks to the heightened demand from small-to-large sized retailers around the world, the organic cotton cultivation has zoomed 152 percent in 2007-08, according to a recent report by Texas-based Organic Exchange (OE) The report titled Organic Cotton Farm and Fiber Report 2008 said that organic cotton production …
Read More »Global Crisis: Does Mutebile understand the economy?
By Patrick Kagenda If the value of its currency is falling, fuel prices and inflation going up and an irrational indifference hits its securities exchange; is it realistic to say the economy’s fundamentals are ok? Finance minister Ezra Suruma, Bank of Uganda Governor Tumusiime Mutebile, and Uganda Securities Exchange boss …
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The Independent Uganda: You get the Truth we Pay the Price