Category: Policy

The Falling Liberian Dollar: Why Blaming Ellen is Not a Solution

Liberians here at home and around the world are waiting with great anticipation as President George Weah holds his first major national address to discuss the state of the failing Liberian economy.  The one thing Liberians do not want to hear is the leader of the country passing the blame to Ellen Johnson-Sirleaf’s government of which he Weah and his Vice President were a part of during the currency fiasco. As the President of the Republic of Liberia, the people will expect Weah to put out his strategies on how to stop the falling Liberian Dollar, how to increase...

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NEDC Liberia: Solving the Depreciating LD – the Fall in Personal Remittances by more than 70%

According to the December 21, 2017’s edition of FrontPage Africa (https://frontpageafricaonline.com/business/central-bank-of-liberia-over-us-449m-remitted-out-of-liberia/) the former governor of the Central Bank of Liberia, Mr. Milton Weeks stated at a press conference that despite the challenges in Liberia, the economy was on a “path of a rebound.” Additionally, the former CBL governor indicated, “The CBL will continue its periodic intervention in the Forex market on a regular basis to enhance market predictability and help to meet the Forex demand of importers…” Perhaps the Liberian people, particularly the Legislators, should be curious in having the former governor explain what intervention policies the CBL implemented....

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Tourism and Economic Growth in Liberia: Supporting Musons Group, Inc and the Assistant Minister for Tourism

Introduction In ten consecutive annual messages, former President Ellen Johnson-Sirleaf made assurances to the Liberian people that she would expand and diversify the Liberian economy by shifting focus from its dependency on the extractive industries[1] to other potential revenue-generating sectors including tourism. From 2014 – 2016, the Government of Liberia embarked on a five-year strategic plan called the Liberian National Export Strategy on Tourism (LNEST). The project was prepared with technical assistance from the International Trade Center and financial support from the EIF. The project was spearheaded by the Information Minister and the Minister for Commerce. While the strategy...

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Foreign agent registration grants no right to interfere in Africa’s election

Over the past several weeks, loyal subscribers to Globe Afrique have seen articles and investigations narrating the arrest and prosecution of violators of the United States’ Foreign Corrupt Practices Act (FCPA). While the FCPA holds substantive and prosecutorial authorizations, agents for foreign governments are circumventing their unsavoury behaviours by using a procedural statute known as FARA. Below are few of the reported cases involving individuals who have erred in the FCPA. https://globeafrique.com/five-individuals-charged-in-foreign-bribery-scheme-to-pay-bribes-to-foreign-government-officials-for-rolls-royce-usa/ https://globeafrique.com/did-chevron-violate-the-foreign-corrupt-practices-act-of-1977-fcpa-in-liberia/ https://globeafrique.com/two-former-oil-and-gas-company-executives-plead-guilty-to-role-in-bribing-officials-in-angola-equatorial-guinea-and-brazil/ https://globeafrique.com/u-s-foreign-corrupt-practices-law-snags-retired-u-s-army-colonel/ What is FARA? FARA is a bizarre 1938 U.S. statute or law that is organized under 22 United States Code sub-sections 611-621 as a...

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U.S. Begins Tough Actions on Africa, Sanctions S. Sudan’s officials

In 2016, South Sudan’s president, Salva Kiir, endorsed then Republican nominee for president, Donald J. Trump, Sr., over Democratic nominee Hillary Clinton.  That does not stop the Trump’s administration from being tough on him and his rogue officials.  WASHINGTON, DC –The Trump administration has imposed sanction on few senior officials and three companies in South Sudan for what the administration considered as a deliberate attempt to obstruct peaceful co-existence. The United States in a swift action imposed sanctions on two senior government officials and a former army chief suspected of hindering peace in the country. Those affected include Information...

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Nigerian government to Lock down media spreading hate speech

Media Houses In Nigeria under Attack by the Government, Free Speech Suppressed  West Africa–– The Nigerian government warn media houses and groups of a fierce resistance to maintain national security, unity and peace. The country’s minister of information and culture, Lai Mohammed, said Thursday that the government will clamp down on any radio or television station that broadcasts hate speech, The instruction was part of attempts to stem the growing tide of hate speech in the country, Information Minister Mohammed said at a National Broadcasting Commission (NBC) meeting in Abuja, the nation’s capital. “As a matter of fact, the...

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DHS: U.S. may punish four countries for refusing deportees

US Deportation flights on the rise WASHINGTON, DC ––– The Department of Homeland Security (DHS) says the United States government could enact extra consequences on four undisclosed countries that do not collaborate with its requirements to return their citizens, according to a department’s spokesman on Wednesday evening. The U.S. State Department and the Department of Homeland Security have authority to sanction countries that do not cooperate with removals, but has only used that retribution power twice in the past 15 years. According to sources, 12 countries are currently considered recalcitrant. Those countries include Guinea, Eritrea China, Cuba, Vietnam, Laos,...

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