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Drowning in Oil, 22 minutes, 2007 (Ref: 110tvc) |
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A small African
country is flushed with profits from the discovery
of oil.But ordinary people have never seen any
benefits.The government stands accused of endemic
corruption and human rights abuses. Has all the
money gone to the chosen few? In 1968, Equatorial
Guinea won its independence from Spain and Francisco
Macías became the first president, and dictator. The
following year, practically all the big Spanish
landowners were forced out of the country. Cocoa
production nosedived and the country became one of
the poorest in the world. But in the 1990s,
something unexpected happened: oil was discovered.
The country has since experienced astonishing
economic growth. Although few poor people seem to be
benefiting from this newfound wealth. |
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