The Dutch disease

In all international trade is necessary to use a currency which is somehow accepted by all countries, and thus make international trade is fluid and thus benefit both to the matters as to which exported.

What challenges are posed by international terrorism to democracy?

One man’s terrorist, they say, is another’s freedom fighter. Terrorism is a global phenomenon that is complicated to define and explain. It is a matter of varying perceptions. A Palestinian who took up arms against Israeli occupation is deemed a freedom fighter in the Palestinian circles but from the frame of reference of an Israeli, he is a terrorist. In the global arena, terrorism has posed a number of challenges to democracy. These include; weak civilian institutions, corruption, incompetence, insurgency and last but not the least, death and destruction.

Multiliteral trade

Since the establishment of the GATT after World War II, very significant progress towards trade liberalization has been made in successive rounds of multilateral negotiations.

The Lincoln Family

On February 12th, 1809, one of America’s greatest presidents was born. Thomas and Nancy Lincoln gave birth to Abraham Lincoln in a log cabin in Hardin County, Kentucky