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Wednesday, February 08, 2012 07:53 GMT

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Anger Boils Over as Ranks of Jobless Youth Swell
By Kanya D'Almeida and Mathilde Bagneres
WASHINGTON - When images of North London's gutted and burning buildings, broken shop windows and refuse-lined streets appeared on TV screens and front-page headlines during the four-day Tottenham riots last August, many dismissed the damage as the work of "hoodlums" and "delinquents".
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Cameroon’s Economy Suffers as Boko Haram Infiltrates Country
By Ngala Killian Chimtom
YAOUNDE - Ahmadou Lamine has been forced to close his business selling fuel imported from Nigeria, known locally as "zoa-zoa", because of the Islamic extremist group Boko Haram.
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EUROPE-DEVELOPMENT
The "Indignados" Still Have Wind in Their Sails
By Cléo Fatoorehchi
AIX-EN-PROVENCE - Months of protest across the European Union, sparked by ‘indignant’ youth demanding an end to the brand of free market capitalism that has blighted the continent with an unemployment epidemic, finally bore fruit on Jan. 30 when Jose Manuel Barroso, president of the European Commission, proposed an ambitious jobs scheme.
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New Rule Puts Brakes on U.S. Public Housing Demolitions
By Matthew Cardinale
ATLANTA, Georgia - Earlier this week, the U.S. Department of Housing and Urban Development (HUD) announced the publication of a new notice which significantly tightens its procedures for the processing of public housing demolition applications by local housing authorities.
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UNICEF Funding Falls Short Leaving Millions of Children at Risk
By Bari Bates
BRUSSELS - If the United Nations Children’s Fund (UNICEF) had 1.28 billion dollars it could help 97 million people around the world.
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Malawi’s Consumers Have a Right to Fuel and Forex Black Market
By Claire Ngozo
LILONGWE - The black market for foreign exchange and fuel is booming in the midst of an acute scarcity in Malawi. The shortage is so severe that even the Consumer Association of Malawi, an influential consumer rights body, has come out in support of the black market.
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Political and Economic Turmoil Threaten Women's Progress
By Mathilde Bagneres
UNITED NATIONS - As UN Women celebrated its first birthday, its executive director Michelle Bachelet stressed that political upheveal and shrinking budgets are no excuse to push back the hard-won gains made by the women's movement globally.
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Once a Food Chain, Now a Corporate Supply Chain – Part 2
By Kanya D'Almeida
WASHINGTON - While Indian retailers are losing sleep over the possible entrance of multinationals like Walmart into the dense South Asian consumer market, very little thought has been given to the Indian small farmer, who stands to lose even more at the hands of the world's biggest commercial food retailer.
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Occupy DC Protesters Stay Put Amid Eviction Threats
By Charundi Panagoda
WASHINGTON - Two days after some 400 people were arrested during a protest organised by Occupy Oakland on the U.S. west coast, members of Occupy DC say they have no plans to leave despite the threat of police action.
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PORTUGAL
Going Underground in Hard Times
By Mario Queiroz
LISBON - The underground economy in Portugal is booming thanks to the steep increases in taxation and prices demanded by a "troika" of international creditors to address the country's economic crisis.
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ICELAND
Recovering Dubiously From the Crash
Analysis by Lowana Veal
REYKJAVIK - Three years ago, thousands of Icelanders were standing outside Iceland’s parliament building chanting "incompetent government" in an attempt to bring down the conservative government that had been seen as responsible for the collapse of the country’s banking system.
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ZIMBABWE
To Yuan or Not to Yuan, That is the Question
By Ignatius Banda
BULAWAYO - From downtown shops that stock cheap clothing and shoes that fall apart after one wear, to mining concessions in platinum, gold and diamonds - the Chinese finger is now in virtually every Zimbabwean pie.
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U.S.
"Money Isn't Speech, Corporations Aren't People"
By Kanya D'Almeida
NEW YORK - In most mainstream media the words "corruption" and "election fraud" accompany images of makeshift polling stations manned by armed guards in Burma or burning tires beside tattered ballot boxes in South Sudan – the insidiousness of stolen elections and a crumbling democracy is very seldom associated with the United States.
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Banking panics, recession, loss of market value, deflation. Is the current financial crisis in any way comparable with the Great Depression of 1929? And more importantly, how is it affecting the weakest? IPS brings you worldwide coverage of the impacts of this crisis.