In this week’s Debrief we tell you about a tribe in Tanzania facing eviction due to a development project disguised as a conversation initiative; we also review how the negotiations over Iran’s sanctions and nuclear program ran past its deadline, and why China’s lowering its interest rates is a cause for concern.
- The Tanzanian government is accused of reneging its promise from last year of keeping the ancestral homes to some 40,000 Maasai people, and resuming its plan to evict them from their land to make way for hunting reserve for a clientele of wealthy Arab royals and businesspeople…
- On Monday, world powers, led by the United States, have tentatively agreed with Iran to extend negotiations on Iran’s nuclear program. Monday was the deadline previously set by negotiators to reach an agreement for Iran to set limits on its nuclear program in exchange for easing of sanctions…(see here)
- On Friday, November 22, the People’s Bank of China, China’s central bank, announced cuts in key interest rates for the first time in two years as a response to a slowing economy. The bank cut the one-year deposit rate from 3.0% to 2.75%, and the one-year lending rate from 6.0% to 5.6%…(see here)
(Feature photo of the Maasai people in Tanzania, by Dmitri Markine Photography (http://www.dmitrimarkine.com), CC BY-SA 3.0)
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