Coco-Cola Urged to Abandon Swaziland's King Mswati III

This article talks about King Mawati III, the only absolute monarch in Africa, has always been prohibiting any political parties in his country - Swaziland. Although the recent economic crisis has sparked protests against his rule, many analysts still believe he commands the respect of most traditional Swazis. The multinational company, Coca-Cola, who settles and operates their business operations since the late 1980s, has always refused to get involved into the country's politics. Yet, the company recently is urged by the local activists to abandon the king and start supporting a pro-democracy movement.

Reference:

Coca-Cola urged to abandon Swaziland's King Mswati III. (2012, January 3). BBC News. Retrieved January 4, 2012, from http://www.bbc.co.uk/news/world-africa-16399124

Greece warns on euro exit if bailout not signed

This article talks about one of the Greek government spokesperson has warned that the country may have to leave the euro zone if it fails to secure its latest bailout from the EU. Greece has been struggling with its economic crisis for the past couple of years. Lucas Papdemos, the Greek Prime Minister, is trying to propose a new financial and structural reform to cut its massive deficit in Greece. In addition to the approved actions such as tax rises and spending cuts, more measures might be needed such as public sector job cuts, reduction in pensions and cutting social and health costs. The government spokesperson believes majority of their population would like the country to remain in Euro Zone.

Greece warns on euro exit if bailout not signed. (2012, January 3). BBC News. Retrieved January 4, 2012, from http://www.bbc.co.uk/news/business-16385792

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