Author: Paul Goldstein

Paul Biya: the excessive costs of African leader’s foreign trips

85-year-old President Paul Biya of Cameroon ANALYSIS LONDON—Let us highlight Cameroon’s president, the 85-year-old Paul Biya, who is one of the world’s oldest heads of state, and one of the longest-serving – ruling for nearly 35 years after abolishing term limits in 2008. At 85 years old, the president is still sporting a jet-black hair and is said to be contemplating another run for the presidency. It is not uncommon, for what critic’s term “unproductive African leaders,” to spend millions of dollars each year on foreign trips that, on average, do not produce equally tangible benefits to their country....

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Securities and Exchange Commission Charges Additional Defendant in ICO Scheme

NEW YORK – The Securities and Exchange Commission announced additional fraud charges stemming from an investigation of Centra Tech Inc.’s $32 million initial coin offering. In an amended complaint filed today, the SEC charged one of Centra’s co-founders, Raymond Trapani, in a fraudulent scheme related to Centra’s 2017 ICO, in which the company issued “CTR Tokens” to investors.  Earlier this month, the SEC and criminal authorities charged Centra’s two other co-founders, Sohrab “Sam” Sharma and Robert Farkas, for their roles in the scheme. “We allege that the Centra co-founders went to great lengths to create the false impression that...

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Putin envisages Military-Technical cooperation with Nigeria

Vladimir Putin: Russia’s action man president MOSCOW––Russian President Vladimir Putin says he sees good prospects for cooperation with Nigeria in military-technical sphere, aluminum production. “Russia wants to enhance its cooperation with Nigeria in the military-technical sphere and in the aluminum industry,” Russian President Vladimir Putin said. “We are for enhancing mutually beneficial Russian-Nigerian ties further, including cooperation in hydrocarbon extraction and aluminum smelting, as well as in the military-technical sphere,” Putin said on Wednesday during a ceremony in which ambassadors of foreign states presented their credentials. The Russian leader also highlighted Russia’s “close military-technical cooperation with Vietnam,” saying that...

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U.S. imposes financial sanctions on the former President of the Gambia Yahya Jammeh

Washington – Over the last year, various departments and agencies of the United States Government have actively collected information from multiple sources—including the Intelligence Community, U.S. missions around the world, non-governmental organizations, and Congress—to support sanctions designations for individuals around the world. In the executive order, the President issued sanctions and visa restrictions on several persons around the world for human rights abuse or corruption. Simultaneously, the Department of the Treasury issued a number of designations targeting individuals and entities engaged in human rights abuse or corruption or supporting those sanctioned by the President. Yahya Jammeh (Jammeh), the former President...

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U.S. Treasury Sanctions Venezuelan Officials Associated with Corruption

Washington – The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated four current or former Venezuelan government officials pursuant to Executive Order (E.O.) 13692, as part of Treasury’s ongoing efforts to highlight the economic mismanagement and endemic corruption that have been the defining features of the Maduro regime.  The Venezuelan government’s actions have rendered Venezuela’s currency essentially worthless through hyperinflation, made food and medicine rare commodities through price controls, and triggered a humanitarian crisis that the Venezuelan government refuses to alleviate by changing policy or accepting international assistance. “President Maduro decimated the Venezuelan economy and spurred a...

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George Weah First 100 Days

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Globe Afrique’s Conference Call – All About Liberia

Date: May 5, 2018

Dial-in: (712) 451-0658

Access Code: 352010#

Topic: George Weah’s First 100 Days

 

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