Economy & Trade

Costa Rica, UAE Cement Relations with Energy and Tourism

A visit by United Arab Emirates Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan to Costa Rica paved the way for closer trade ties between the two countries, especially in the areas of tourism and sustainable energy.

Novel Joint Committee Enhances Relations between the UAE and Panama

The visit by the United Arab Emirates foreign minister, Sheikh Abdullah bin Zayed Al Nahyan, to Panama ended Thursday Feb. 11 with the creation of a novel Joint Cooperation Committee on trade and investment.

Rise of Middle Class Undermined in East Europe & Central Asia

The UN’s post-2015 development agenda, which was adopted by world leaders at a summit meeting last September, includes a highly ambitious goal: the eradication of extreme poverty by the year 2030.The decline in poverty, as reflected in the UN’s Millennium Development Goals (MDGs) which ended last December, had one positive fallout: the rise of a new middle class graduating largely from the ranks of the poor.

The New Normal in Fata

A military operation by Pakistan’s army has been proving fatal for Taliban militants who held sway over vast swathes of the Federally Administered Tribal Areas (Fata) for over a decade. They crossed over the border from Afghanistan and took refuge in Fata after their government was toppled by US-led forces towards the end of 2001. After a few years, when they got a toe-hold in the region, they extended their wings to all seven districts of Fata. Not any more.

Eight Cooperation Accords Strengthen Ties between Colombia and UAE

“I am honoured to be in Colombia at a time when important steps towards peace are being taken,” the foreign minister of the United Arab Emirates, Sheikh Abdullah bin Zayed Al Nahyan, said after meeting with Colombian President Juan Manuel Santos.

Kidneys Going Cheap in Poor Estate Community

One and half years ago, Johnson, a 20- something youth, hailing from Sri Lanka’s tea plantations, received an unusual request. The caller, someone Johnson knew casually, made an offer for his kidney. “It was for a half a million rupees (around US $3,500),” he said.

Rural Youth Can Be Tomorrow’s Entrepreneurs

Bolstering widespread prosperity in Africa is a key necessity if the world is to achieve its commitments to eradicate poverty and hunger by 2030.

Family Planning in India is Still Deeply Sexist

The tragic death of 12 women after a state-run mass sterilisation campaign in the central Indian state of Chhattisgarh went horribly wrong in 2014 made global headlines. The episode saw about 80 women "herded like cattle" into makeshift camps without being properly examined before the laparoscopic tubectomies that snuffed out their lives. In another incident in 2013, police in the eastern Indian state of Bihar arrested three men after they performed a botched sterilisation surgery without anaesthesia on 53 women over two hours in a field.

Argentina and United Arab Emirates Open New Stage in Bilateral Relations

With United Arab Emirates’ foreign minister Sheikh Abdullah bin Zayed Al Nahyan’s visit to Argentina, the two countries launched a new stage in bilateral relations, kicked off by high-level meetings and a package of accords.

Women of Haitian Descent Bear the Brunt of Dominican Migration Policy

A middle-aged woman arranges bouquets of yellow roses in a street market in Little Haiti, a slum neighbourhood in the capital of the Dominican Republic. “I don’t want to talk, don’t take photos,” she tells IPS, standing next to a little girl who appears to be her daughter.

“A Fair Day’s Wage for a Fair Day’s Work?”

“During the first months in Italy, I always prayed for rain. I spent hours checking the weather forecast” said Roni, a 26 year old graduate from a middle-income family in Bangladesh. His father, a public servant and his mother a home maker, Roni had to sell umbrellas on the streets of Rome for more than a year before finding a summer job by the sea at a coffee shop, popularly known as a ‘bar’ in Italy.

Europe is disintegrating while its citizens watch indifferent

We are witnessing the slow agony of the dream of European integration, disintegrating without a single demonstration occuring anywhere, among its 500 millions of citizens. It is clear that European institutions are in an existential crisis but the debate is only at intergovernmental level.

Small-scale Fishing Is About Much More than Just Subsistence in Chile

“Fishing isn’t just for making a living, it’s also enjoyable,” said Pedro Pascual, a 70-year-old fisherman who has been taking his small boat out to sea off Chile’s Pacific coast in the early hours of the morning almost every day for the past 50 years, to support his family.

Women’s Empowerment Will Accelerate Kenya’s Economic Prosperity

When President Barack Obama made his first visit to Kenya as US President in July 2015, one of the poignant messages he left was an exhortation for communities to shun cultures that degrade women and girls.

TPP: Lessons from New Zealand

A new paper* on the implications of the Trans-Pacific Partnership (TPP) Agreement for New Zealand examines key economic issues likely to be impacted by this trade agreement. It is remarkable how little TPP brings to the table. NZ’s gross domestic product will grow by 47 per cent by 2030 without the TPP, or by 47.9 per cent with the TPP. Even that small benefit is an exaggeration, as the modelling makes dubious assumptions, and the real benefits will be even smaller. If the full costs are included, net economic benefits to the NZ economy are doubtful. The gains from tariff reductions are less than a quarter of the projected benefits according to official NZ government modelling. Although most of the projected benefits result from reducing non-tariff barriers (NTBs), the projections rely on inadequate and dubious information that does not even identify the NTBs that would be reduced by the TPP!

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