Madagascar: coup d’etat or revolution?
The African Union, after initially calling it an “attempted coup,” issued a new statement accepting the military’s installation of opposition leader Andry Rajoelina as president of Madagascar. ExxonMobil, the French Total and Rio Tinto Group have oil and mineral interests in Madagascar, which has rich deposits of iron ore and bauxite. Investors have hailed Ravalomanana’s free-market reforms, while Rajoelina accused him of running Madagascar like a dictator, while letting his people starve. Most of the island’s population lives on less than $2 a day.
Photo: IRIN