Wednesday, February 16, 2011

The Arab world turmoil.

The turmoil which began in Tunisia, following the death of Mohammed Bouazizi, who set himself on fire on Dec.17 and died on January 3, leading to the expulsion of Tunis dictator Zine el-Abidine Ben Ali spread all over the Arab world resulting in sacking of the Jordan premier and later stepping down of Husni Mubarak in Egypt after three decades in power. Emboldened by the unexpected the protests have now spread to Yemen, Bahrain and Iran and now Libyan city of Benghazi. The control of autocratic rulers over the Arab world is coming to an end and although most of the economies are high growth economies but the bottom line is that the benefits of growth are not trickling down to the masses and growing unemployment was not being addressed by the Autocrats.

1 comment: