Tag: Financial crisis

Institution for African ‘luminaries’ in crisis

The key institution in higher education for Africans “luminaries” is in dire straits.

Fort Hare offered an academic education to blacks from across sub-Saharan Africa, creating a pro-British black African elite.

The alumni featured prominently in subsequent independence movements and … Read the rest

Detroit bankruptcy: a cocktail of white flight and black corruption

by Tom Krishner and Dee-Ann Durbin

The city of Detroit, which for years paid its bills with borrowed money, is the largest city in U.S. history to file for bankruptcy protection. Here’s a look at how the city spiraled into … Read the rest