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September 16, 2008

Financial Markets
Lehman v Argentina

I am guilty of instinctively comparing large defaults to the Argentina’s default. That is the largest default that I know well. And Lehman qualifies as a large default. John Jansen reports one …

September 14, 2018

Financial Markets
The Dangerous Myth We Still Believe About the Lehman Brothers Bust

The new consensus about the cause of the 2008 financial crisis is seductive — and misleading. Sebastian Mallaby presents an alternative opinion.

A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in Manhattan, New York City.

August 28, 2018

United States
Scoop Jackson and John McCain

In the course of my career I've had the great privilege of working for Henry M. "Scoop" Jackson and knowing John McCain, two of the most consequential senators of the last seventy-five years. And the…

January 16, 2019

Religion
Giant of Religion in Africa, Dr. Lamin Sanneh, Passes Away

Recent obituaries published in both the New York Times and the Washington Post celebrated Dr. Lamin Sanneh'a enormous scholarly contributions to religion in Africa. He emphasized the role of African missionaries as well as European ones in the spread of Christianity throughout the continent.

Kenya-Christianity-Turkana

January 15, 2019

Nigeria
Nigeria Security Tracker Weekly Update: January 5–11

This update represents violence in Nigeria and related to Boko Haram in Cameroon, Chad, and Niger between January 5 to 11, 2019.

Nigeria-Boko-Haram-Terrorism-Security-Tracker

January 11, 2019

South Africa
Reconciling the South African Military’s Mission With Its Budget

There is mismatch between what the government asks and expects South African National Defense Forces (SANDF) to do and the money allocated to carry out its missions. The SANDF budget declined again for this fiscal year and stands at only around 1 percent of GDP. (By contrast, the budget for education is just under 5 percent of GDP.) 

South-Africa-SANDF-Military-CAR-Bangui

January 10, 2019

Ethiopia
David Pilling's African Year in Review

He recalls the popular challenge now underway against Omar al-Bashir’s rule in Sudan; the deaths of Kofi Annan, the first African secretary General of UN, and Winnie Mandela, a flawed leader of the South African liberation movement; the highly positive emergence of the reform-minded Abiy Ahmed, the Ethiopian prime minister; and the international attention to Congolese surgeon Denis Mukwege, who won a Nobel Peace prize for his work with rape victims.

Ethiopia-Eritrea-Abiy-Afwerki-Peace

January 9, 2019

Nigeria
Amid Setbacks, Nigerian Security Services Raid Influential Newspaper

On January 6, the Nigerian security services raided the offices of the Daily Trust, one of Nigeria’s largest circulation newspapers, apparently angry at its published reports about the upcoming army move against a Boko Haram faction, the Islamic State West Africa (ISWA), and recent military defeats.

Nigeria-Daily-Trust-Military-Raid

January 8, 2019

Nigeria
Nigeria Security Tracker Weekly Update: December 29–January 4

This update represents violence in Nigeria and related to Boko Haram in Cameroon, Chad, and Niger between December 29, 2018 to January 4, 2019.

Nigeria-Boko-Haram-Terrorism-Security-Tracker

January 3, 2019

Nigeria
Shehu Shagari, President of Nigeria’s Second Republic, Passes Away

Former President Shehu Shagari passed away on December 28, 2018, in Abuja at the age of 93. He was the only president of Nigeria’s Second republic, which lasted from 1979 to 1983, when his government was overthrown in a military coup by then-General Muhammadu Buhari, who is now Nigeria’s democratically elected president of the country’s Fourth Republic.

Nigeria-Shehu-Shagari-President-Dead