In the heart of Lagos, a crowd gathers—voices raised in unison, banners waving with the words ‘End Bad Governance.’ It’s 2024, and Nigerians have had enough. Economic hardship, soaring inflation, and corrupt leadership have driven thousands to the streets. They are protesting against a system where oil wealth trickles up, but never down. Nigeria boasts […]
Tag: natural resources
The Arctic Thaw is Cooling West-Russian Relations
“From Stettin in the Baltic to Trieste in the Adriatic, an iron curtain has descended across the continent.” — Winston Churchill, 1946 Churchill’s oration as Westminster College is considered one of the landmark moments announcing the beginning of the Cold War, a half-century global struggle between the United States and the Soviet Union which redefined […]
The Northern Sea Route: Could It Be The New Suez Canal?
Under the influence of climate change, Arctic ice is melting away. This scares climatologists, but also intriguingly creates possible economic benefits. The melted ice has opened trade routes and energy resources, attracting the interest of many of the world’s most powerful nations. However, while the melting ice has created these two potential economic benefits, only […]
Minegolia: The Resource Curse
In 2011, a sparsely populated Central-East Asian nation rose to international prominence as the fastest growing economy in the world, with a monumental 17% growth rate in GDP. Yet, in as little as three years, growth in Mongolia has come crashing down to 5.3% amidst growing economic uncertainty and increasing inequality. What was behind this […]