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.
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.
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.
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.
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.”
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.
Hortensia Ramírez feels like she needs more hands to care for her 78-year-old mother, who suffers from arteriosclerosis, do the housework, and make homemade baked goods which she sells to support her family.
With a rise in sectarian killings, extortion, drug peddling, kidnappings and land grabbing, Pakistan’s sprawling port city of Karachi, home to some 20 million people, has become a hotbed of crime.
When U.S lawmakers departed Washington for a month-long recess, they left behind a simmering debate over what to do about the tens of thousands of Central American children and adults that continue to cross the U.S. southern border.
Before he became a jihadist, Odiljon Pulatov would travel each year from Tajikistan to Moscow to earn money as a construction worker.
A pledge by political leaders two years ago to accelerate efforts toward closing the gender gap in the Pacific Islands has been boosted with the announcement that three women will take the helm of the regional intergovernmental organisation, the Pacific Islands Forum Secretariat, headquartered in Suva, Fiji.
For the second time this year, an internal auditor has criticised the World Bank’s private sector investment agency over dealings in Honduras, and is warning that similar problems are likely being experienced elsewhere.
Suicide rates in the Pacific Islands are some of the highest in the world and have reached up to 30 per 100,000 in countries such as Samoa, Guam and Micronesia, double the global average, with youth rates even higher.
Ethel Maziriri, 27, holds an Honours Degree in Social Work from the University of Zimbabwe, but instead of working in her chosen profession, she works as a cashier in one of the country’s leading clothing retail company. And it’s not by choice.
In 1958, when New York State was considering raising its minimum wage, merchants complained that their profit margins were so small that they would have to cut their work forces or go out of business. In 2014 in Seattle at hearings on a proposed minimum wage increase, some businesses voiced the same fears.