“The most unpopular kid”
Watch Bush being ignored by other world leaders at the G20. “It’s kinda sad,” CNN’s Rick Sanchez comments.
South Korea’s Madagascar land lease: it gets worse – much worse
Yesterday I did a post linking to a piece by Javier Blas in the FT, who had learned that Madagascar had agreed to lease half of its arable land – an area half the size of Belgium – to Daewoo, the South Korean conglomerate, for palm oil and corn production.
A few hours later, a truly astonishing new angle on the story emerged. Guess how much South Korea had paid for its 99 year lease? Answer: Zip. Zero. Nada. Not a cent. The sum total of the benefts for Madagascar, according to a Daewoo spokesman? “We will provide jobs for them by farming it, which is good for Madagascar.” This in a country where 3.5% of people are on WFP food aid…