An illustration of the problems that arise when poor nations try to leverage oil and gas production within the confines of the global economic order.
Obama’s decision to continue to provide military assistance to Sudan, the Democratic Republic of the Congo, Yemen, and Chad is a rejection of the progressive principles Obama stood for on the 2008 campaign trail.
It’s painfully clear, as the blood spills on both sides of the Chad border, that the consortium of international oil companies and their allies at the World Bank won’t let anything stop a drop of oil from flowing to global markets.
The Bush administration created an imaginary front against terrorism in North Africa. This fiction has had some terrifying results.
The World Bank backed down in a dispute that illustrates what’s wrong with lending to poor nations for oil and gas production.