Send a Tweet
Most Popular Choices
Share on Facebook Share on Twitter Share on LinkedIn Share on Reddit Tell A Friend Printer Friendly Page Save As Favorite View Favorites
General News

Oil windfalls bigger than G8 aid

Quicklink Submitted By       Message Amanda Lang     Permalink    (# of views)   No comments


View Ratings | Rate It

opednews.com

Author 5
Become a Fan
  (9 fans)
Windfalls from the rising global price of oil and other commodities will be worth more to poor countries in Africa than the doubling of aid promised by the G8 industrial nations, one of Britain's leading development thinktanks said yesterday.

Research by the Overseas Development Institute found that surpluses generated for the eight biggest oil exporters in Africa would total $35bn ( 19bn) a year if crude prices remained at their current high levels. This compares with the doubling of overseas aid to $50bn a year pledged by the G8 at Gleneagles this year.
Read the rest of the story HERE:

At www.guardian.co.uk

 

- Advertisement -

View Ratings | Rate It

opednews.com

OpedNews volunteer from 2005 to 2013.

Amanda Lang was a wonderful member of the Opednews team, and the first volunteer editor, for a good number of years being a senior editor. She passed away summer 2014.

Share on Google Plus Submit to Twitter Add this Page to Facebook! Share on LinkedIn Pin It! Add this Page to Fark! Submit to Reddit Submit to Stumble Upon Share Author on Social Media   Go To Commenting

The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.

Writers Guidelines

Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
- Advertisement -