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Stephen Kinsella: Are we paying too high a price for our stability? via @independent_ie

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Stephen Kinsella: Are we paying too high a price for our stability? via @independent_ie.

I’m going to become violent with the next person to describe the €67.5bn loan Ireland received in 2010 as a bailout. It wasn’t a bailout for anyone except the private bondholders who took the debt of private, badly run, banks, who stood to lose everything, and ended up with all their money back, all to aid in the preservation of the stability of the European banking system.

Egypt Constitution Faces Islamic Colouring – IPS ipsnews.net

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Egypt Constitution Faces Islamic Colouring – IPS ipsnews.net.

The large proportion of Islamist-leaning members in Egypt’s Constituent Assembly elected last month has led to accusations that Islamist parties – especially the Muslim Brotherhood’s Freedom and Justice Party (FJP) – are effectively monopolising the constitution-drafting process.

Pambazuka – Could abolishing tax havens solve Africa’s financing needs?

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Pambazuka – Could abolishing tax havens solve Africa’s financing needs?.

Over the last 10 years, the average annual outflows of this sort exceeded $50bn. This compares with annual aid inflows of less than $30bn. The outflows are largely to avoid or evade tax and to conceal wealth.

allAfrica.com: Mali: Ecowas to Call for Interim President to Replace Toppled Touré

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allAfrica.com: Mali: Ecowas to Call for Interim President to Replace Toppled Touré.

West African leaders may call for the speaker of Mali’s parliament to become interim president following last week’s military coup, Burkina Faso’s foreign minister has told RFI.

The Ecowas regional bloc is to send a delegation of six heads of state to the country to press for a return to constitutional order and elections.

allAfrica.com: Senegal: New Alternative After Wade Defeat

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allAfrica.com: Senegal: New Alternative After Wade Defeat.

 Analysts say that Senegal’s outgoing President Abdoulaye Wade was made to pay for his failure to respond to popular demands, particularly arising from the high cost of basic commodities, a lengthy strike by teachers, and high youth unemployment, by losing his bid for a third term of office.

Rich-poor gap grew by over one-quarter in 2010

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Rich-poor gap grew by over one-quarter in 2010.

THE GAP between the richest and poorest in Ireland grew by more than 25 per cent during 2010, new figures show.

A Central Statistics Office report on income and living conditions shows the average income of the top 20 per cent of earners was 5.5 times greater than those in the lowest 20 per cent.

This inequality ratio – up from 4.3 a year earlier – is the highest figure on record since this measurement was first used in 2004.

Impact of Social Media: A Top ten list

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Impact of Social Media: A Top ten list.

Everyone has become beautiful, Everyone has become a genius, Everyone has become a celebrity, Everyone has become a nationalist, humanist, activist,

Every problem has a perfect solution….

allAfrica.com: InFocus » Voters in Senegal Choose Macky Sall over Incumbent President

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allAfrica.com: InFocus » Voters in Senegal Choose Macky Sall over Incumbent President.

Opposition candidate Macky Sall defeated President Abdoulaye Wade in a second round of voting. Calm prevailed as voters streamed to polls. After preliminary results came in, Wade called Sall to congratulate the former prime minister and National Assembly leader on his victory

 

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