A year after Chad joined the ranks of African oil exporters, development groups question whether a government weakened by corruption and instability has the will and the ability to use its new wealth to combat poverty.
"The record of Chad's first year as a petro-state provides many reasons for concern," the Maryland-based relief and development group Catholic Relief Services and the Washington-based World Bank watchdog the Bank Information Center said in a report released Thursday titled Chad's Oil: Miracle or Mirage?
The two groups noted that Chad has been touted as a model because a World Bank loan that enabled it to start exporting oil required it to pledge to devote oil earnings to anti-poverty programs in a country where 80 percent of the 9.5 million citizens survive on subsistence farming. As part of the World Bank agreement, the first of its kind, Chad also set up a monitoring body comprising representatives from government and civil society and charged with ensuring oil revenues were properly used.
Those steps reflected an acknowledgment that elsewhere in Africa, adding oil to repressive, corrupt and poor countries resulted in more repression and corruption -- and not necessarily any alleviation of poverty.
The remedy the World Bank proposed for Chad was innovative, but incomplete, Thursday's report said.
For example, regulations on oversight of oil activities and revenues do not apply to developments outside the first three fields in southern Chad, operated by a U.S.-Malaysia consortium of ExxonMobil, ChevronTexaco and Petronas, according to the study.
An American scientist convicted of lying to US authorities about payments from China while he was at Harvard University has rebuilt his research lab in Shenzhen, China, to pursue technology the Chinese government has identified as a national priority: embedding electronics into the human brain. Charles Lieber, 67, is among the world’s leading researchers in brain-computer interfaces. The technology has shown promise in treating conditions such as amyotrophic lateral sclerosis and restoring movement in paralyzed people. It also has potential military applications: Scientists at the Chinese People’s Liberation Army have investigated brain interfaces as a way to engineer super soldiers by boosting
Jailed media entrepreneur Jimmy Lai (黎智英) has been awarded Deutsche Welle’s (DW) freedom of speech award for his contribution to Hong Kong’s pro-democracy movement. The German public broadcaster on Thursday said Lai would be presented in absentia with the 12th iteration of the award on June 23 at the DW Global Media Forum in Bonn. Deutsche Welle director-general Barbara Massing praised the 78-year-old founder of the now-shuttered news outlet Apple Daily for standing “unwaveringly for press freedom in Hong Kong at great personal risk.” “With Apple Daily, he gave journalists a platform for free reporting and a voice to the democracy movement in
PHILIPPINE COMMITTEE: The head of the committee that made the decision said: ‘If there is nothing to hide, there is no reason to hide, there is no reason to obstruct’ A Philippine congressional committee on Wednesday ruled that there was “probable cause” to impeach Philippine Vice President Sara Duterte after hearing allegations of unexplained wealth, misuse of state funds and threats to have the president assassinated. The unanimous decision of the 53-member committee in the Philippine House of Representatives sends the two impeachment complaints to deliberations and voting by the entire lower chamber, which has more than 300 lawmakers. The complaints centered on Duterte’s alleged illegal use and mishandling of intelligence funds from the vice president’s office, and from her time as education secretary under Philippine President Ferdinand Marcos Jr. Duterte and the
As evening falls in Fiji’s capital, a steady stream of people approaches a makeshift clinic that is a first line of defense against one of the world’s fastest-growing HIV epidemics. In the South Pacific nation — a popular tourist destination of just under a million people — more than 2,000 new HIV cases were recorded last year, a 26 percent increase from 2024. The government has declared an HIV outbreak and described it as a national crisis. “It’s spreading like wildfire,” said Siteri Dinawai, 46, who came to be tested. The Moonlight Clinic, a converted minibus parked in a suburban cul-de-sac in Suva, is