May 30th, 2013
The Canadian government is expelling the head of Eritrea’s consulate in Toronto over the levying of a “diaspora tax” on Eritrean expatriates. A release from Foreign Affairs Minister John Baird says Semere Ghebremariam O. Micael has been declared persona non grata and must leave by next Wednesday. The...
Feb 1st, 2013
Zimbabwe is broke after defaulting on its debt obligations and effectively cutting off its access to new capital. Note the word here is ‘broke’ as opposed to ‘bankrupt’, which is used in reference to companies that have to sell their assets to pay liabilities and distribute whatever little is left to...