Economy & Trade

OPINION: Building a Sustainable Future: The Compact Between Business and Society

Can we envision a day when a critical mass of companies is investing in a better world? Where business is delivering value for the long-term – not just financially, but also socially, environmentally and ethically? Over a decade ago, it was hard to imagine, but we can now say with confidence that a global movement is underway.

Amid Crisis, Puerto Rico’s Retirees Face Uncertain Future

A feeling of insecurity has overtaken broad sectors of Puerto Rican society as the economy worsens, public sector debt spirals out of control, and the island's creditworthiness is put in doubt.

Nepal Landslide Leaves Women and Children Vulnerable

Living in a makeshift tarpaulin shelter, which barely protects her family from the torrential rainfall or scorching heat of this remote village in southern Nepal, 36-year-old Kamala Pari is under immense stress, worrying about her financial security and children’s safety.

World Bank Urged to Rethink Reforms to Business-Friendliness Report

Civil society groups from several continents are stepping up a campaign urging the World Bank to strengthen a series of changes currently being made to a major annual report on countries’ business-friendliness.

Threat of Hydropower Dams Still Looms in Chile’s Patagonia

After its victory in a nearly decade-long struggle against HidroAysén, a project that would have built five large hydroelectric dams on wilderness rivers, Chile’s Patagonia region is gearing up for a new battle: blocking a quiet attempt to build a dam on the Cuervo River.

OPINION: Towards a Global Governance Information Clearing House

Inter Press Service News Agency has braved severe political assaults and financial tempests since 1964, when Roberto Savio and Pablo Piacentini laid its foundation as a unique and challenging information and communication system.

OPINION: Boosting Resilience in the Caribbean Countries

Having lived and worked for more than a decade in four Caribbean countries, I have witnessed firsthand how Small Island Developing States (SIDS) are extremely vulnerable to challenges ranging from debt and unemployment to climate change and sea level rise.

The Time for Burning Coal Has Passed

“People have gathered here to tell their politicians that the way in which we used energy and our environment in the 19th and 20th centuries is now over,” says Radek Gawlik, one of Poland’s most experienced environmental activists. “The time for burning coal has passed and the sooner we understand this, the better it is for us.”

U.N. Conference Set to Bypass Climate Change Refugees

An international conference on small island developing states (SIDS), scheduled to take place in Samoa next week, will bypass a politically sensitive issue: a proposal to create a new category of "environmental refugees" fleeing tiny island nations threatened by rising seas.

New York’s Homeless Pushed Deeper into the Shadows

Joe sits on newspapers spread on the sidewalk by the entrance to midtown's Grand Central Station. His head rests in his hands, only looking up when coins from passersby clink into his paper cup.

Bangladeshi Girls Seek Equal Opportunity

Until five years ago, Shima Aktar, a student in Gajaghanta village in the Rangpur district of Bangladesh, about 370 km northwest of the capital Dhaka, was leading a normal life. But when her father decided that it was time for her to conform to purdah, a religious practice of female seclusion, things changed.

When Land Restoration Works Hand in Hand with Poverty Eradication

Tugging at the root of a thorny shrub known as ‘juliflora’, which now dots the village of Chirmiyala in the Medak District of southern India’s Telangana state, a 28-year-old farmer named Ailamma Arutta tells IPS, “This is a curse that destroyed my land.”

Innovation Offers Hope in Sri Lanka’s Poverty-Stricken North

In this dust bowl of a village deep inside Sri Lanka’s former conflict zone, locals will sometimes ask visitors to rub their palms on the ground and watch their skin immediately take on a dark bronze hue, proof of the fertility of the soil.

Cuba Sees Its Future in Mariel Port, Hand in Hand with Brazil

The Mariel special economic development zone, the biggest construction project undertaken in decades in Cuba, emerged thanks to financial support from Brazil, which was based on political goodwill, a strategy of integration, and business vision.

Dumping Ban Urged for Australia’s Iconic Reef

Increased effort is needed to protect Australia’s iconic Great Barrier Reef, which is in serious decline and will likely deteriorate further in the future, according to a new report.

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