Wednesday, May 18, 2011

Stuff about stuff...

The Arab Revolution is stunning, it is bold and brave, but the men in the factory are old and cunning... etc, it's almost a line of poetry. The revolution is for everybody, even if we haven't felt its waves lapping on our shores just yet. Democracy, true democracy for the middle east will be a tremendous blow against global capitalism. The ruling class is working round the clock top turn the revolution back. In Libya our they are sowing corruption and demoralisation, taking the revolution out of the hands of ordinary Libyans, passing it on to their groomed stooges. In Tunisia there is a different story:

If Tunisia is to successfully address the three main issues – youth unemployment, regional disparities and the lack of a political voice in the face of an unaccountable government – that sparked the revolution, it is going to need considerable assistance from outside agencies. A commitment to inject $1bn into the central budget, announced jointly by the African Development Bank (AfDB) and the World Bank on 3 May, is a welcome first step. The banks have agreed to contribute $500m each in the form of a loan, in addition to which the French Development Agency has pledged to lend the Tunisian government €185m, with a grant for a further €90m coming from the EU.


Be afraid of the World Bank. There's more than one way to turn the revolution back.

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