The victory of Donald Trump was like an earthquake which signalled the electorate’s misgivings about liberalism and globalisation.
Voters have instead embraced nationalism/ identity politics. Trump, with no political experience, credible plan, minimal political infrastructure, abusive to women, ethnic minorities and Muslims, who all the pundits had dismissed, won. His opponent, with detailed and credible plans, support of the establishment, including many Republicans, with an impressive political infrastructure, lost.
By Alhaji M.B. Jalloh, Information Attaché, Saudi Arabia and the Gulf States
Oil-dependent economies in the Gulf States came under pressure from the International Monetary Fund (IMF) to reduce or remove fuel subsidies since 2014.
Last year, the IMF warned Saudi Arabia – the world’s largest exporter of crude oil that failure to remove fuel subsidy and implement reforms will eat up the country’s fiscal reserves in just five years.
The streets of Freetown and other major towns and cities across Sierra Leone remain tense, as the people of Sierra Leone react to the government’s announcement last week to remove the subsidy that has for several years, helped to cushion the poor from the high cost of petrol.(Photo: Alie Kabba).
Without cheap petrol Sierra Leone will soon grind to a halt, with unpredictable political and social consequences.