As everyone knows, Switzerland is a neutral country. This neutrality is a inducing characteristic of Switzerland. The country is neither a member of NATO nor of the European Union. The Confederates are proud not to be dragged into the "Handel" of other nations. Therefore, we can assume that the following report is not politically motivated in the Swiss daily scoreboard, but only a description of the situation.
As many certainly know, the economy in South Africa is rapidly falling down the mountain. Unemployment is reported at 25% but is estimated at a good 40% by independent sources. The national debt is more than 50% of the gross domestic product. Where gasoline prices are sinking low for crude oil all over the world, the state-controlled gasoline price in South Africa is still rising. South African preservation, the edge, loses sight of value.
And the President-in-Office continues to destabilize the economy by self and silly actions. Can the whole economic fiasco lie with just one politician?
Read the following article and get your own opinion.
A toxic president
Jacob Zuma has taken down South Africa and made a Patronage state out of Mandela's Rainbow nation. He is one of the most prominent guests at the WEF.
To the South African president, many jokes, probably more than any other head of state in the world, are on the course. The recent joke was recently circulated by the President of Pretoria: «Jacob Zuma Expected for the economic summit in Davos...»
Read MORE: http://www.tagesanzeiger.ch/ausland/naher-osten-und-afrika/ein-toxischer-praesident/story/22710192