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Q&A: Impact of Crisis in Latin America Less Severe than in the Past
Darío Montero interviews MARTÍN HOPENHAYN, ECLAC's social development director
GUATEMALA CITY - Thanks to effective social policies and measures that have strengthened the economy, most of the countries of Latin America and the Caribbean have managed to weather the impact of the global recession, although poverty has risen slightly for the first time since 2002.
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FINANCE: Icelanders Question IMF Loan
By Lowana Veal*
REYKJAVIK - After eight months of waiting, Iceland is finally back on the agenda of the IMF. The second instalment of the IMF loan was agreed at the end of last month and has now been transferred to Iceland.
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U.S.: Nearly One in Six Citizens Went Hungry in 2008
By Jim Lobe
WASHINGTON - As the World Food Security Summit got under way in Rome Monday, the U.S. Department of Agriculture (USDA) disclosed that nearly one in six U.S. households went hungry at some time during 2008, the highest level since it began monitoring food security levels in 1995.
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ECONOMY-US: "Green" Jobs Should Be Black and Brown Too
By Haider Rizvi
NEW YORK - The Barack Obama administration's drive to promote a "green" economy is not working in the interest of poor people in the United States, especially those who belong to minority communities, according to a new study by a leading think tank.
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RIGHTS-US: U.N. Investigator Probes Housing Crisis

By Haider Rizvi
UNITED NATIONS - The U.N. body responsible for monitoring human rights violations is investigating why hundreds of thousands - and possibly millions - of people in the United States are condemned to live on the streets.
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DEVELOPMENT: South-South Unity to Get Boost at U.N. Meet
By Thalif Deen
UNITED NATIONS - As the global financial crisis continues to ravage the fragile economies of the world's poorer countries, the United Nations is hosting a high-level international conference next month to boost South-South cooperation.
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U.S.: Secret Bailouts for Giant Failing Banks of the Future?
By Adrianne Appel
BOSTON - Big banks will not be forced to downsize and the public will be the last to know when they fail, a controversial bill unveiled by U.S. Treasury Secretary Timothy Geithner and Congressman Barney Frank proposes.
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EASTERN EUROPE: Loans Make the Middle Class Poor
By Claudia Ciobanu
BUCHAREST - Low-income Eastern Europeans contracting easy consumer loans in the mid- 2000s are now falling below poverty lines.
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WORLD: IMF Has Long Way to Go – Even After "Istanbul Decisions"
By Marina Penderis
JOHANNESBURG - The International Monetary Fund (IMF) may be performing better during the current economic crisis than during the Asian crisis of the late 1990s, but it still has "a long way to go".
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JAPAN: Death from Overwork Persists Amid Economic Crunch
By Catherine Makino
TOKYO - One morning nine months ago, Kenji Hamada’s colleagues were surprised to find him in their Tokyo office slumped over his desk. They thought he was sleeping, but when he did not wake up after two hours, they realised he was dead.
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RIGHTS: Women Still Sidelined in Economic Decision-Making
By Suzanne Hoeksema
UNITED NATIONS - Gender equality contributes to economic growth, but economic growth does not always contribute to gender equality, says the United Nations World Survey on the Role of Women in Development launched Tuesday, a message well timed in the context of the current financial crisis.
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US-ECUADOR: Luring Migrants Home an Uphill Battle
By Benedict Moran
NEW YORK - Ecuadorian President Rafael Correa has a Ph.D. in economics, though it may not have prepared him for the recent financial turmoil that beset his coastal country.
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U.S.: Cities Use Inclusionary Zoning as Housing Costs Climb
By Matthew Cardinale
ATLANTA, Georgia - With most U.S. cities facing a severe shortage of affordable housing, more and more are beginning to turn to so-called inclusionary zoning (IZ).
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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.