The website MYC4 may have found a good solution to the problem of high interest microcredit loans. MYC4 lets lenders compete in an online action for the right to give a loan to a small African business. The lender with the lowest interest rate wins the auction.
From CNN, reporter Max Foster interviews Tim Vang one of the founders of MYC4.
How the North Caucasus became one of Russia’s arms for imperial policy in
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The region may may seem loyal to the central authorities, but it took
Kremlin about a hundred years of repression and killing tens of thousands
of locals t...
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