Trade & Investment

SANTIAGO

Chilean Development Still Tied to Copper Mining

Chile's position as the world's top producer of copper is not under threat, but the country faces the challenge of transforming its copper mining industry into social capital for the long term, and addressing high energy costs, which have grown seven-fold over the last decade, experts told IPS.

Can South Africa Help Nigeria to Industrialise?

The lack of economic diversification throughout sub-Saharan Africa means that despite South Africa’s pledges to help Nigeria make the automotive sector the West African nation’s flagship industrial target, it may be difficult to do so, experts say.

Survivors of Factory Collapse Speak Out

“It was dark and hot with choking dust all around. The air was filled with the smell of decomposing corpses,” recalled Nasima, a 24-year-old factory worker who spent four days buried under the rubble of an eight-storey building that collapsed in a suburb of Bangladesh’s capital Dhaka last month.

Official Bullying Lurks Behind Prep for Olympics in Brazil

As Brazil prepares to host several sporting mega-events, human rights abuses and authoritarian interventions by the authorities are going on behind the scenes, favouring major urbanisation projects and stadium remodelling, a study says.

Developing World to Dominate Global Investment by 2030

Over the next decade and a half, a major global shift will result in the developing world controlling roughly half of the world’s capital, up from less than a third today.

Kyrgyz Officials Outline Restructuring Plan for Lucrative Gold Mine

As officials in Kyrgyzstan prepare to negotiate with their country’s largest investor in Bishkek this week, new details are emerging about how the Kyrgyz government wants to restructure the agreement covering operations at the country’s flagship gold mine.

U.S. Retailers Holding Out on Bangladesh Safety Agreement

Labour groups here are stepping up pressure on U.S. firms to sign a binding building safety agreement for Bangladeshi factories after 10 major European garment companies signed onto the landmark agreement.

WTO Chooses New Latin American Chief to Mark a Change in Course

Brazilian diplomat Roberto Carvalho de Azevêdo was named the new director general of the WTO with broad support from the developing world, beating out his Mexican rival Herminio Blanco, who was backed by the industrialised nations.

In Vietnam, Rhino Horns Worth Their Weight in Gold

At first glance, the poster appears to be a typical advertisement for an African safari: a large rhinoceros set against a rugged, open terrain. Then you take a closer look and realise something is amiss.

Sacrificing the Reef for Industrial Development

Mining and port development coupled with decreasing water quality along Australia’s north-eastern coast are threatening the continent’s World Heritage-listed tourist drawcard, the Great Barrier Reef.

Egypt’s Political Instability Taking Toll on Its Economy

Regardless of who is responsible for Egypt's current political impasse – be it the administration of Islamist president Mohamed Morsi or an aggressive secular opposition – local experts are certain of at least one fact: Egypt's dire economic circumstances will not improve without political stability.

Displaced by Gold Mining in Colombia

"I was displaced here by mining a month ago. Illegal miners forced me out of my municipality. No, don't write down where I'm from, let alone my name," said a 40-year-old black man frightened for his safety. IPS agreed to say only that he is from Colombia’s southern Pacific coast region.

Developing Resilience to Financial Shocks

The global repercussions of the 2007-2008 financial crisis are a stark reminder of the economic interdependence in our globalising world. No country was spared from the shock waves that originated in the financial systems of developed economies.

Mexico – Ground Zero in the Fight for the Future of Maize

In the 2011 action-thriller "Unknown", scientists are persecuted by the biotech industry because they plan the open release of a drought- and pest-resistant strain of maize that could help eradicate world hunger.

Institutional Tangles, Deindustrialisation Hurt Mercosur

July will mark the start of a new era for the Common Southern Market (Mercosur), when it will expand to five full members, if the South American bloc manages to overcome the commotion caused by the admission of Venezuela and the suspension of Paraguay.

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