Fortunes, and Tables, Turn for Portugal and AngolaBreaking News
DAKAR, Senegal — The world-turned-upside-down of the European debt crisis reached a new extreme last week when Europe came pleading for lucre where it once only seized it: Africa.
The hands-out visit on Thursday of Prime Minister Pedro Passos Coelho of Portugal to its former colony Angola — once a prime source of slaves, then a dumping ground for the mother country’s human rejects and now swimming in oil wealth — was a milestone of sorts.
While Europe’s financial distress has already revived bad historical memories — 70 years after Nazi occupation, Greeks are grumbling about taking marching orders from German gauleiters — and reversed others — there was talk of a Chinese rescue for the continent that once humiliated it — the Angola-Portugal moment has had no equal in its upfront plaintiveness.
“Angolan capital is very welcome,” Mr. Passos Coelho said in Luanda, the capital city. That may be an understatement: the former colony’s cash could be essential as Portugal is forced to sell off state-owned companies and shutter embassies after a $105 billion International Monetary Fund bailout this year....
comments powered by Disqus
- Tales of African-American History Found in DNA
- History Celebrates New Show Roots With Project to Digitize Post-Slavery Documents
- In 1453, this Ottoman sultan ended Christian rule in Constantinople. But was he a good Muslim?
- Abraham Lincoln's Emancipation Proclamation among documents sold for $6.2m in New York
- Family shines light on American POW killed by Hiroshima blast
- History Relevance Campaign meets at the Smithsonian
- Bernard Lewis Turns 100
- David Lowenthal, author of "The Past Is a Foreign Country,” says it’s folly to scratch the names of slaveholders off buildings
- Jean Edward Smith, biographer of FDR and Ike, has a new biography coming out … of George W. Bush
- Flora Fraser, biographer of George and Martha Washington, wins $50,000 George Washington Prize