South Sudan's government on Tuesday blamed the country's economic crisis in part on the fighting in neighbouring Sudan and the instability in the Red Sea, where Yemen's Houthi rebels have been attacking international shipping.
It seems like for lot of countries, oil is a poison pill. The entire economy as at the whim of a single market, and there’s very little room for a middle class. There’s just the wealthy who own the oil and the poor who have nothing.
South Sudan started as a beautiful dream, but without responsible leadership and developing a more diverse economy, that dream may be lost.
It seems like for lot of countries, oil is a poison pill. The entire economy as at the whim of a single market, and there’s very little room for a middle class. There’s just the wealthy who own the oil and the poor who have nothing.
South Sudan started as a beautiful dream, but without responsible leadership and developing a more diverse economy, that dream may be lost.