“The TPP [Trans-Pacific Partnership] will…go down in history as the worst trade agreement for access to medicines in developing countries,” said Doctors without Borders/Médecins Sans Frontières (MSF) in a statement following the signing of the TPP trade deal.
It has become clear that the South, including the least developed countries, has little reason to expect any real progress to the almost half century old commitment to transfer 0.7 percent of developed countries’ income to developing countries. But to add insult to injury, developing countries have, once again, been denied full participation in inter-governmental discussions to enhance overall as well as national tax capacities.
Cuba and the United Arab Emirates agreed to strengthen diplomatic ties and bilateral cooperation during an official visit to this Caribbean island nation by the UAE minister of foreign affairs, Sheikh Abdullah bin Zayed Al Nahyan.
Brazil’s greenhouse gas emissions reduction programme, hailed as bold, has nevertheless left environmentalists frustrated at its lack of ambition in key aspects.
As a growing number of countries face the possibility of debt crises, the United Nations General Assembly has approved a set of nine basic principles for sovereign debt restructuring processes in an effort to provide for debt restructuring that is fair and economically sustainable.
The Lula development model that lifted 35 million people out of poverty and raised living standards for another 20 million people during the governments of President Luiz Inácio Lula da Silva (2003-2011) has run its course.
Many well-meaning people who would like better governance have been misled into insisting on so-called ‘good governance’ reforms, with the expectation that this would lead to development.
Finance ministers and central bank governors of the world’s 20 major economies, accounting for 66 percent of world population, have pledged to “promote an enabling global economic environment for developing countries as they pursue their sustainable development agendas”.
Recent years have seen a remarkable resurgence of interest in economic inequality, thanks primarily to growing recognition of some of its economic, social, cultural and political consequences in the wake of Western economic stagnation.
Another reality that emerges very distinctly in culture of peace is that we should never forget when women – half of world’s seven billion plus people - are marginalised and their equality is not established in all spheres of human activity, there is no chance for our world to get sustainable peace in the real sense.
Less than 100 days before the U.N. climate change conference (COP21) in Paris in December, there are now only few who believe that the conference will not produce a treaty. But for most countries involved, this is rarely the question.
Besides suffering from macroeconomic imbalances, like a drop in GDP, a high inflation rate and a large public deficit, Brazil is experiencing heavy losses as many oil industry and logistical works grind to a halt.
Iran’s nuclear programme has been the target of a great deal of misinformation, downright lies and above all myths. As a result, it is often difficult to unpick truth from falsehood.
The recent explosions that apparently destroyed a 2,000-year-old temple in the ancient city of Palmyra in Syria were yet another grim example of how the armed group calling itself the Islamic State (IS) uses conventional weapons to further its agenda.
Back in 1996, when South Korea voluntarily quit the 132-member Group of 77 (G77) – described as the largest single coalition of developing nations -- it joined the 34-member Organisation for Economic Cooperation and Development (OECD), long known as the “rich man’s club” based in Paris.