Today’s FT
Today’s Financial Times is loaded with a four page supplement on how the financial crisis is hitting African countries hardest, and a great opinion piece in the main paper from Bob Geldof about including developing nations in the new global economy.
William Wallis’s lead article in the supplement makes a powerful case for G20 taking urgent action to provide the resources developing countries need to weather this downturn, saying:
“Today many of sub-Saharan Africa’s 47 states are seeing their incomes evaporate, leaving holes in national budgets and foreign reserves as wide as the pits from which their resources have been extracted.
Without urgent measures to limit the damage, fragile recent development gains could be swept away, conflicts will reignite and more states will fail, warns Meles Zenawi, Ethiopia’s prime minister, who is representing Africa at today’s summit of the Group of 20 nations in London.”
Read the full supplement, or download the PDF – which will let you see ONE’s new advertisement in the paper.
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