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A brand new World Bank , The Changing Wealth of Nations 2018, offers evidence of how much poorer Africa is becoming thanks to rampant minerals, oil and gas extraction.
Yet World Bank policies and practices remain oriented to enforcing foreign loan repayments and transnational corporate (TNC) profiteering — thus maintaining the looting.
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Last year almost 90% of Queensland was drought declared. For farmers and graziers struggling for survival this meant increasing reliance on groundwater.
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I was in Honduras last October visiting Azacualpa, a municipality under threat from Canadian corporate mining giant Aura Minerals and its San Andres mine in La Union, Copan.
At the time, residents from the rural municipality were successfully holding off the combined forces of the mine management, its security forces, the regional police, the local mayor, the provincial governor, the regional military commander and the Minister for Homeland Security (who arrived in the community by helicopter with his own entourage of state security bodyguards).
A year on, Aura Minerals, with the collusion of the post-coup Honduran regime, is moving to break the stalemate.
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Mining
Mining
