Monday 14 February 2011

Economic Sanctions Hurting Ivory Coast Economy

A woman sells food next to an open sewer in the Adjame neighborhood of Abidjan, Ivory Coast, January 28, 2011
Photo: AP
A woman sells food next to an open sewer in the Adjame neighborhood of Abidjan, Ivory Coast, January 28, 2011

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The political crisis between rival governments in Ivory Coast is beginning to effect its economy, as sanctions against the incumbent president lead to fuel and currency shortages.
The United States, the European Union and West Africa's regional economic alliance have all imposed sanctions against the government of incumbent President Laurent Gbagbo, because he is refusing to give up power to the United-Nations-certified winner of the vote, former Prime Minister Alassane Ouattara.
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