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ECONOMY: IMF Reforms Itself, A Little
By John Vandaele
BRUSSELS - The poor have been given a little more say in the IMF. It is still a small step, but the biggest such in the last 60 years.
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AFRICA: Agricultural Extension Work Both Important and Under-valued
By Kwamboka Oyaro
NAIROBI - At a time of international concern about the future of the world's food supply, it's a comment that gives pause for thought: "I teach university students agriculture and extension but many of them opt for other professions, especially in ICTs, because agriculture is 'for those who haven't gone to school'."
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GLOBALISATION: New Curbs on Investment From the South
Analysis by Julio Godoy
BERLIN - Germany's decision to introduce controls on investments from the South in strategic domestic sectors is yet another indicator of growing protectionism in European and other industrialised countries against the neo-liberal globalisation they once masterminded.
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GLOBALISATION: So, Back to Regulation, Then
By Julio Godoy
BERLIN - The financial crisis around the world marks the end of neo-liberal globalisation and the beginning of a new era of regulation of the global economy, political leaders and economists say.
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PHILIPPINES: Left Extremists Continue to 'Punish' Big Business
By Brad Miller
TAMPAKAN, Mindanao - In the New Year's tradition of frightening off evil spirits with fireworks and noise, the communist New People's Army (NPA) ushered in 2008 by attacking the base camp of Sagittarius Mines Inc. (SMI) in the village of Tablu, in South Cotabato province.
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ECONOMY: Globalisation 'Localises' Inequality
Analysis by John Vandaele*
BRUSSELS - Is the big North-South-divide finally diminishing? It seems to be, though slowly.
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ECONOMY: Market Heating Up the Globe
Analysis by John Vandaele*
BRUSSELS - One way to look at the climate problem is through the lens of the market. If you do, only one conclusion is possible -- the climate change problem is a massive market failure, a failure of market mechanisms to factor in future costs of a change in climate in real time prices.
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ECONOMY: Save the Market from Market Forces
Analysis by John Vandaele*
BRUSSELS - Neo-liberalism is slowly fading away. That is, if we define neo-liberalism as an ideology that steadily wants to reduce and belittle the role of government, and promote ever freer markets.
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LABOUR-JAPAN: Foreign Workers' Grievances Erupt At Rally
By Catherine Makino
TOKYO - With its own population both aging and declining, Japan needs migrant workers to sustain its economy. But the government’s failure to formulate an accommodative policy was evident at a rally in the capital on Sunday attended by some 300 foreign workers.
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ENVIRONMENT-PHILIPPINES: Locals Oppose Open Pit Mining For Copper, Gold
By Brad Miller
TAMPAKAN, Mindanao - Under the fertile farmland and forests of southern Mindanao sits what may be one of the biggest copper deposits in South-east Asia. But whether the owners of the Tampakan Copper-Gold Project should be permitted to tap the mineral lode is under question.
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DEVELOPMENT-CAMBODIA: Urban-Rural Divide Set To Widen
By Marwaan Macan-Markar
BANGKOK - Phnom Penh’s skyline is set for a dramatic change, now that South Korean companies have confirmed plans to build two skyscrapers in the Cambodian capital. The 42-storey Gold Tower is scheduled to be completed by 2011, while a 53-storey structure will be ready the following year.
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ECONOMY: Poll Finds Wide Perception of Unfairness
By Jim Lobe
WASHINGTON - An average of nearly two out of three people in 34 countries around the world believe that the benefits and burdens resulting from changes in their nation's economy over the last few years are not being distributed fairly, according to a new multinational survey released Thursday by the British Broadcasting Corporation (BBC).
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ECONOMY: Lin Yifu's World Bank Job May Add To China's Clout
By Antoaneta Bezlova
BEIJING - The pending appointment of a Chinese academic as chief economist in one of the world’s prime financial institutions, the World Bank, comes at a time of symbolic shifts in economic power from west to east and foreshadows a more assertive China on the international stage.
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The international flow of capital and the emergence of diverse blocs and alliances are dramatically reshaping lives and the environment all around us, with the world's poorest paying the price of prosperity for the few. But the globalisation process offers unprecedented advantages too. Since WWII the possibilities for international cultural, social and economic interaction have increased at an explosive rate. The effects of these trends on trade, geopolitics, environment, media and many other fields are interconnected and extremely complex. IPS news agency seeks to analyse the free trade initiatives' impact on the individual, as well as the behaviour of corporations, international finance institutions and the multilateral system, giving visibility to the perspectives of a more diverse range of people, including civil society and the individual.

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Religion in the News
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BIODIVERSITY-US: Loggers, Owls Not Out of the Woods Yet
IRAN: Can P5+1 Offer Break the Nuclear Stalemate?
RIGHTS-JAMAICA: Spat Escalates Over Anti-Gay Lyrics
BURMA: UN Aid Arrives, But Many Doors Still Closed
IRAQ: Running Out of Water in Rising Heat
TURKEY: Ruling Party Challenges Closure
ICELAND: Road Threatens Heritage
CHINA: Buying Farmland Abroad, Ensuring Food Security
LEBANON: Hezbollah Unleashes a Coup Bid
INDIA: Gov't 'Helpless' as Farmers Shylocked to Suicide
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