Sunday, February 03, 2008

Chad’s capital rocked by political violence

SOURCE: ASSOCIATED Press—“China pulls citizens out of Chad after violence in capital”

Chad’s government troops have struggled to beat back attacks on the presidential compound in the capital city of N’Djamena. Rebel forces seek to unseat the current president, Idriss Deby. Among the reasons for dissatisfaction with the leader noted in reports are what is seen as a lack of support for Sudanese rebels in Darfur, as well as the recent discovery of oil, which has contributed to power struggles in the nation.

The violence in Chad has escalated to such a point that the Chinese government has evacuated most of its citizens from that nation. China has steadily been increasing its presence in a number of African nations, including Chad, in efforts to access natural resources and energy, which are typically plentiful there, as well as obtain new markets for their consumer goods.

Political unrest is harmful to investor confidence and economic health in general. What are some solutions for countries suffering from political unrest—like Chad and Kenya—to avoid economic upheaval? Is it possible?

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