Africa Lost 1.6 Trillion in Capital Flight and Odious Debt Over Forty Years
AFRICA, CAPITALISM, ECONOMICS, SHORT VIDEO CLIPS, 3 Dec 2012
Paul Jay – The Real News Network
Léonce Ndikumana says: $619 billion of embezzled capital flight from North Africa with connivance of big banks according to new research.
httpv://www.youtube.com/watch?v=1qD6YRRt3AA
This article originally appeared on Transcend Media Service (TMS) on 3 Dec 2012.
Anticopyright: Editorials and articles originated on TMS may be freely reprinted, disseminated, translated and used as background material, provided an acknowledgement and link to the source, TMS: Africa Lost 1.6 Trillion in Capital Flight and Odious Debt Over Forty Years, is included. Thank you.
If you enjoyed this article, please donate to TMS to join the growing list of TMS Supporters.
This work is licensed under a CC BY-NC 4.0 License.
Read more
Click here to go to the current weekly digest or pick another article:
AFRICA:
- Let the Sudanese People Walk toward Peace
- Sudan Genocide Emergency
- Blood Visible from Space in Sudan Shows Evidence of Darfur Genocide: Analysts
CAPITALISM:
- ‘They’re Trying to Get Rich Off It’: US Contractors Vie to Rebuild Gaza with ‘Alligator Alcatraz’ Team in the Lead
- Don’t Worry, Be Happy--All Those Who Feared a Capitalist Dystopian Future Got It Wrong
- The Earth Is Unhappy with the Capitalist Climate Catastrophe
ECONOMICS:
- Which Countries Owe the IMF the Most Money in 2025?
- Two-Thirds of Climate Funding for Global South Is Loans as Rich Countries Profiteer from Escalating Climate Crisis
- US Lifeline Masks Israel’s Economic Freefall as Global Divestment Grows
SHORT VIDEO CLIPS: