Thursday, September 23, 2010

Is Eritrea The Next Failed State?

Eritrea May Become Failed State, Warns Think Tank -- BBC

Eritrea may become a failed state if the world community fails to engage with the Horn of Africa nation, a think-tank has warned.

The International Crisis Group says Eritrea is under severe stress, with the economy in free fall.

Its authoritarian political system is haemorrhaging legitimacy, it says.

But an adviser to Eritrea's president rejected the findings, telling the BBC the country had made tremendous progress since it was formed in 1993.

Read more ....

Update #1: Report: Eritrea May Become Failed State -- Voice of America
Update #2: A state of siege -- The Economist

My Comment: Another African failure that is now starting to look to the West for a bailout. I would normally advise on ignoring such a country, but considering its strategic location on the Red Sea .... such an option will probably not be advisable.

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