Replies to post #123977 on Tornado Alley (PROG)
01/16/11 2:02 PM
01/16/11 2:18 PM
‘ XXXXXXXXXXXX is extremely well respected and considered an upstanding member of the community. While we might doubt the veracity of some of the rumors that he shared with us, we have no reason to doubt his account of his conversation with President Ben Ali, in which he described the President as seeking a 50 percent stake in his private university. We routinely hear allegations of corruption, and such allegations are inherently difficult to prove. XXXXXXXXXXXX anecdote strikes us as credible. It is also significant in that it implicates Ben Ali himself, while so many other reported incidents of corruption involve his extended family.’
http://wikileaks.nl/cable/2009/06/09TUNIS372.html
01/16/11 2:30 PM
01/16/11 3:10 PM
‘ Unemployment, however, is a growing concern and is one on which every GOT official is focused. Official unemployment figures leveled off at 14 percent in 2005, after a steady declines dating from 1999s 15.8 percent. Even at 14 percent, however, this figure is consistently challenged as too optimistic by first hand accounts of university graduates unable to find jobs and reports of increasing numbers of ever-more qualified applicants seeking Embassy jobs.’
http://www.aftenposten.no/spesial/wikileaksdokumenter/article3990364.ece
‘ In early 2006, Tunisias Arab Institute of Business Leaders and the Young Entrepreneurs Center released separate investment climate surveys that pointedly criticize Tunisias declining levels of business confidence, suggesting the “good connections required for business success” is a chief culprit (reftel). A “cumbersome administration” and difficulty accessing capital are also notable obstacles for businesses here. ‘
This arrangement has permitted President Ben Alis extended family (siblings, in-laws, and distant relatives) to become aware of, to assert interests in, and to carve out domains in virtually every important sector of the Tunisian economy.
These tactics have also negatively impacted U.S. investment — the prime example of which is McDonalds unsuccessful seven-year effort to invest in Tunisia in the 1990s…. Their investment, however, was scuttled by a last minute intervention by First Family personalities who reportedly told McDonalds representatives that “they had chosen the wrong partner.” The implication was clear: either get the “right” partner or face the consequences: McDonalds chose to pull out completely at great cost.
‘ Today, elite Tunisians boldly, if not publicly, denounce Ben Ali and the Trabelsi family as uneducated and uncultured nouveaux riches whose conspicuous consumption is an affront to all patriotic Tunisians. Some fear that this new phenomenon is sucking the life-blood out of Tunisia — leading to a spiraling educational, moral, social and economic decline. Worse, many civil society activists speculate that corruption — particularly that of First Lady Leila (Trabelsi) Ben Ali and the broader Trabelsi clan — is the fundamental impediment to meaningful political liberalization. ‘
‘ However, the lack of Tunisian political activism, or even awareness, seems to be a more serious impediment. While frustration with the First Familys corruption may eventually lead to increased demands for political liberalization, it does not yet appear to be heralding the end of the Ben Ali era.’
01/16/11 3:25 PM
01/31/12 1:23 PM
| Volume | |
| Day Range: | |
| Bid Price | |
| Ask Price | |
| Last Trade Time: |