Immediate Trade

France vs Russia (in Africa)

Cover Image for France vs Russia (in Africa)
Greg P
Greg P
Posted underal qaidaBurkina FasoCFA FrancCFA FrankChadCoupFranceGuineaISISMali
The speaker then focuses on the economic relationship between France and African countries using the CFA Franc currency, which has perpetuated France’s colonial influence and discouraged domestic industries from developing. The situation in Mali and neighboring countries is discussed, where the French counterinsurgency operation began in 2013, and the volatile situation has led to the expulsion of French troops and the welcome of the Russian mercenary group Wagner. Russia’s role in the conflict is explored, as it aims to disrupt French access to raw materials like uranium and gold, and the African states have announced their formal withdrawals from the CFA Frank system. The speaker notes that Russia did not cause the anti-French sentiment in the region but saw the opportunity to advance its own interests. The French military’s efforts to combat terrorism in the Sahel have evolved into what the speaker calls France’s “Forever War,” with the territorial cores of ISIS and Al-Qaeda shifting from the Middle East to the Sahel.

More Stories

Cover Image for Sept 11

Sept 11

Greg P
Greg P
Cover Image for The Gold Vault

The Gold Vault

The federal reserve, the referee of all banks, completed this building in 1924 to house most of their gold holdings. After five years of construction It symbolizes the power and stability of the Federal Reserve System. 80 feet below street level, built on bedrock, 6000 tons of gold is stored in the NYFed vault, the […]

Greg P
Greg P