There have been popes from Africa before and Catholicism on the continent is currently characterized by deep social conservatism.
The SEC exposes Illinois's misleading reports on pensions while Greece cleans up its financial data to help end the euro crisis. Clean accounting, like light on a dark street, helps eliminate financial deceit.
In an interview, the former president of Chile, Ricardo Lagos, says that today’s global financial crisis is mainly a political failure rather than an economic one. The US will probably do much better in its financial recovery because its central bank, unlike Europe’s, has the powers it needs.
In a historic moment of coincidence, new leaders are taking the helm in China, Japan, and South Korea, providing an unprecedented moment for the region to refresh relations.
President Cristina Fernández de Kirchner’s refusal to accurately report Argentina's soaring inflation rate has led to a strike by teachers in 17 provinces – granting more than 5 million children a few extra days of summer vacation.
Egypt's economic problems do have a possible solution: politics. But Egypt's politicians are failing.