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Sunday, November 22, 2009 06:53 GMT

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ECONOMY: "Put Africa on the G20 Agenda in Pittsburgh"
By Stephanie Nieuwoudt
CAPE TOWN - With South Africa being the only African country with a seat on the Group of 20 (G20), while serving as co-chair of the working group on reforming the International Monetary Fund, it has "a moral obligation towards the continent to call for more responsible management of the global financial system".
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LATIN AMERICA: Food Crisis Must Be Regional Priority
By Humberto Márquez
CARACAS - There are 52 million hungry people in Latin America and the Caribbean, six million more than in 2008 - an aspect of the global economic crisis that must be a top priority focus of national policies and development aid, according to a meeting of experts from 27 countries held in the Venezuelan capital.
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POLITICS-US: Activists, Big Business Converge on G20 Meet
By Jeb Sprague
PITTSBURGH - As media and government delegates prepare for the G20 Summit to be held Sep. 24-25 in Pittsburgh, local business and activist groups are promoting clashing visions of days to come.
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FINANCE: Aid Losses Prompting "Development Emergency"
By Haider Rizvi
UNITED NATIONS - A new U.N. report warns that the world is likely to suffer more economic and environmental disasters if the richest countries fail to shoulder their share of development aid to poorer nations.
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FINANCE: World Bank, NGOs Exhort G20 Not to Forget the Poorest
By Jim Lobe and Eli Clifton
WASHINGTON - The World Bank and major non-governmental organisations (NGOs) are calling on leaders who will gather for next week's Group of 20 (G20) Summit in Pittsburgh not to forget the needs of the world's poorest countries, which have been severely affected by the last year's financial crisis.
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Q&A: "Political Elites Ensure Continuing Flight of Dirty Money"
Hilaire Avril interviews RAYMOND BAKER, campaigner against corruption and money-laundering
PARIS - Illegal capital flight in the form of corrupt, criminal and illicit commercial proceeds out of developing economies could be as high as one trillion dollars a year.
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ECONOMY-US: Obama Presses Reforms Ahead of G20 Meet
By Eli Clifton
WASHINGTON - U.S. President Barack Obama called Monday for stricter regulation in the financial industries and warned firms that are considering large bonuses for their executives to remember the debt they owe to taxpayers and the federal government for bailing them out last year.
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DISARMAMENT: No Slowdown for Weapons Industry
By Thalif Deen
UNITED NATIONS - The United Nations is surprised at the continued rise in global military spending - particularly at a time when the international community is grappling with a spreading financial crisis which threatens to undermine the poverty reduction goals of the world body.
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ECONOMY: "Africa Is Paying Most for a Crisis Not of its Making"
By Stanley Kwenda
KINSHASA - The global economic crisis has hit the African continent especially hard despite not being involved in its making, civil society organisations gathered in the capital of the Democratic Republic of the Congo heard at the fifth people’s summit of the Southern African Development Community (SADC) in the capital of the Democratic Republic of Congo (DRC).
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CENTRAL AMERICA: Crisis Chews Women Up, Spits Them Out
By Laura González
SAN JOSE - Vanessa Madrigal was working as a secretary for a private clinic in the Costa Rican capital, but only a month after returning from maternity leave she was fired, struck by one of the waves of layoffs that have swept across Central America in the wake of the global financial tsunami.
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ECONOMY: Speculators Undermining Recovery, Report Says
By Haider Rizvi
UNITED NATIONS - The current economic meltdown will continue for years if the world community does not take firm and coordinated action to regulate the flow of capital, say researchers who have just concluded a new study for the United Nations.
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AFRICA: "Have Your Own Policies, as Long as They’re Like Ours"
By Marina Penderis
JOHANNESBURG - The controversial conditionalities attached to World Bank and International Monetary Fund (IMF) loans over the past 20 years may, from the World Bank’s point of view, no longer be necessary as African countries are of their own accord imposing similar policy restrictions on themselves.
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ECONOMY-US: Activists Demand Real Change as Foreclosures Mount
By Adrianne Appel
BOSTON - Hundreds of thousands of people in the U.S. continue to lose their homes each month in an ongoing crisis that is wreaking chaos on communities, advocates say.
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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.