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President Goodluck Jonathan To Be Appoint The U.N. Global Crisis Envoy. / Poll: Doyin Okupe Predicts How GEJ Will Win Presidential Election / Top Global Crisis, Boko Haram Activities Listed (2) (3) (4)
|Global Crisis Set To Drive Millions Into Poverty, Predicts Report by sabaestate(m): 9:56am On Jun 11, 2009|
The global economic crisis is set to drive millions more people into poverty, to slash radically capital flows to Africa and to deprive sub-Saharan Africa of at least U.S. $50 billion in income by the end of this year, predicts a new report.
The crisis is expected to have a high impact on 19 sub-Saharan countries.
Is Nigeria there?
|Re: Global Crisis Set To Drive Millions Into Poverty, Predicts Report by ElRazur: 10:00am On Jun 11, 2009|
No nation is exactly recession proof. It all depends on the level at which it affects each nation. Remember the price of oil have crashed etc. So I guess on that note, it is affecting us one way. Oh also things like property, shares etc appears to be affected too.
|Re: Global Crisis Set To Drive Millions Into Poverty, Predicts Report by beystwin: 1:22pm On Jun 11, 2009|
WASHINGTON, June 11 (Reuters) - The Group of Eight industrial nations are collectively off course in delivering on a 2005 pact to more than double aid to Africa through 2010, with France and Italy falling far short of their commitments, according to a new report released on Thursday.G8 off track on increased aid promised to Africa
|Re: Global Crisis Set To Drive Millions Into Poverty, Predicts Report by ifele(m): 1:32am On Jun 12, 2009|
Buy gold and silver coins. They have solid value. And the rich who own most of it in the world will not let it go to poo cos they control the value of cash and the stock markets worldwide. Cos if the let it go to poo they will becom poor like yu. Which they fear the most. Cash is nothing if it has no value. Gold value has gone up from $660 an ounce 4 years ago to $900+ today. How do you think thats happening? But purchasing power of cash is decreasing
becos of artificial inflation tactics.
To escape poverty you gotta corner the market. First make sure yur food supply is safe. If you have a nice plot plant yur own variety of food. Cos food is going to be very expensive like Gold in the coming years. Yu can even make some money selling yur surplus. Dont put all yur eggs in one economic basket. Becos if one basket gets stolen or stepped on you still have the other baskets.
|Re: Global Crisis Set To Drive Millions Into Poverty, Predicts Report by Kobojunkie: 1:35am On Jun 12, 2009|
G8 off track? Shouldn't we be more concerned about the faCT THAT we are still a beggar nation ?
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