Today the Christian Science Monitor posted an article about how the declining dollar is affecting migrant workers in the United States:

Across the US, the falling dollar value has sent ripples through immigrant communities that send money to family overseas. As some currencies for developing countries have risen substantially against the dollar, many immigrant workers are increasing their workweek by up to 20 hours or taking second jobs. If the dollar's slide continues, the US may become less attractive to migrant workers, analysts say.

Photo: Shirine Bakhat/Mercy Corps

Today's Christian Science Monitor has a hopeful piece on female entrepreneurs in Afghanistan.

The success of Sediqi and a handful of other Afghan businesswomen come amid difficult circumstances, despite steady growth in the overall economy. In the face of a resurgent Taliban, stagnant reconstruction, and the high-profile kidnappings of foreign aid workers, these women push forward, propelled by entrepreneurial grit and desire to support their families. While no official figures track their numbers, they can be found in pockets of Afghanistan, launching consultancies, furniture factories, and printing houses. Many of them say better business conditions, rather than more talk of their plight, are critical.

Today, IRIN, the UN Office for the Coordination of Humanitarian Affairs, brings attention to power shortages in South Africa which have halted production and created job losses for miners. The slow down of one of South Africa's most important industries may have a serious impact on government goals of job creation and poverty alleviation.

Any job losses in the mining sector could have an impact on the South African Development Community (SADC), warned Lesiba Seshoka, spokesman for the National Union of Mineworkers (NUM). South African mines employ 460,000 workers - 40 percent of them from neighbouring countries - and shutting down operations had already affected the incomes of casual workers...

South Africa's economy needs to grow at least 6 percent annually to keep unemployment from rising above the official estimate of 25 percent, although independent economists have put the joblessness rate at nearer to 40 percent.

According to Schussler, economic growth could slow from over five percent in 2007 to three percent in 2008 as a result of the outages and anticipated slower growth in the global economy. The South African economy is the most influential in the region, and any contraction could have a ripple effect on neighbouring countries.

Most Americans were shocked at the violence following Kenya's December 2007 elections. Many think of Kenya as the one stable country in the horn of Africa-- a tourist destination for safaris, not bloodshed. The Council on Foreign Relations published a great report Friday, outlining the economic and political factors which have played a role in the continuing violence.

The report outlines how ultimately economic and ethnic factors are inherently linked. While Kenya has not traditionally been a country with strong ethnic divisions (citing a poll in which 70% of the population would rather be identified as Kenyan rather than according to tribal affiliations), wealth is unevenly divided among various ethnic groups. For example, "the head of the Nairobi Stock exchange, the Central Bank of Kenya, and Kenya Electric Generating Company, the region’s largest power generator, are all Kikuyu (Bloomberg)." I might add, so is the current President Mwai Kibaki.

Kenyans see democracy and economic growth as inextricably linked. Their main aspiration for democracy, according to Afrobarometer, is that it will create more equitable distribution of economic opportunity. For Kenya’s economy to take off, it must distribute power among ethnic groups. “Kenya could be a shining example,” says Barkan. “But it could unravel further politically and the economy could become moribund.” Juma believes for regional imbalances to be addressed, the country needs to upgrade its infrastructure. He suggests that a large-scale government employment scheme, structured like the New Deal in the 1930s United States, could employ youth to do this.

This inequality (which is compared to levels in Liberia and the DRC), coupled with corruption and strong man political practices has resulted in the violence that has claimed an estimated 800 lives.