Globalisation

Opinion: The Crisis of the Left and the Decline of Europe and the United States

The victory of the Conservative Party and the debacle of the Labour Party in the recent British general elections is yet another sign of the crisis facing left-wing forces today, leaving aside the question of how, under the British electoral system, the Labour Party actually increased the number of votes it won but saw a reduction in the number of seats it now holds in Parliament (24 seats less than the previous 256).

The U.N. at 70: Is It Still Fit for the Purpose?

Events are being organised around the world to celebrate the 70th anniversary of the founding of the United Nations, but a recent seminar held in the Austrian capital was not held to applaud the body’s past contributions.

EU Calls for Paradigm Shift in Development Cooperation

In the run-up to the international Conference on Financing for Development from Jul. 13 to 16 in Addis Ababa, Ethiopia, the European Union has called for a “true paradigm shift” in global development cooperation.

No Woman, No World

Almost exactly two years ago, on the morning of Apr. 24, over 3,600 workers – 80 percent of them young women between the ages of 18 and 20 – refused to enter the Rana Plaza garment factory building in Dhaka, Bangladesh, because there were large ominous cracks in the walls. They were beaten with sticks and forced to enter.

Opinion: Pillar of Neoliberal Thinking is Vacillating

This month’s World Economic Outlook released by the International Monetary Fund (IMF) only confirms that consequences of the collapse of the financial system, which started six years ago, are serious. And they are accentuated by the aging of the population, not only in Europe but also in Asia, the slowing of productivity and weak private investment.

Investigation Tears Veil Off World Bank’s “Promise” to Eradicate Poverty

An expose published Thursday by the International Consortium of Investigative Journalists (ICIJ) and its media partners has revealed that in the course of a single decade, 3.4 million people were evicted from their homes, torn away from their lands or otherwise displaced by projects funded by the World Bank.

Opinion: A Long History of Predatory Practices Against Developing Countries

The world’s attention turned to the practices of vulture funds after the U.S. Supreme Court affirmed a lower court opinion in the NML Capital vs Argentina case, which forbids the country from making payments on its restructured debt.

Millions of Dollars for Climate Financing but Barely One Cent for Women

The statistics tell the story: in some parts of the world, four times as many women as men die during floods; in some instances women are 14 times more likely to die during natural disasters than men.

U.N. Water Report Not “Doom And Gloom”, Says Author

The lead author of a United Nations water report has spoken out about media depictions of his findings, denying the report lays out a “doom and gloom” scenario.

Nicaragua’s Future Canal a Threat to the Environment

The new interoceanic canal being built in Nicaragua has brought good and bad news for the scientific community: new species and archeological sites have been found and knowledge of the local ecosystems has grown, but the project poses a huge threat to the environment.

Opinion: Crisis Resolution and International Debt Workout Mechanisms

Debt restructuring is a component of crisis management and resolution, and needs to be treated in the context of the current economic conjuncture and vulnerabilities.

Nuclear Threat Escalating Beyond Political Rhetoric

As a new cold war between the United States and Russia picks up steam, the nuclear threat is in danger of escalating – perhaps far beyond political rhetoric.

Afghanistan’s Economic Recovery: A New Horizon for South-South Partnerships?

First the centre of the silk route, then the epicenter of bloody conflicts, Afghanistan’s history can be charted through many diverse chapters, the most recent of which opened with the election of President Ashraf Ghani in September 2014.

Global Citizenship Essential for Gender Equality: Ambassador Chowdhury

At a recent panel discussion on women’s leadership during the U.N. Commission on the Status of Women, Ambassador Anwarul Chowdhury was the lone male voice.

Pacific Islanders Say Climate Finance “Essential” for Paris Agreement

As Pacific Islanders contemplate the scale of devastation wrought by Cyclone Pam this month across four Pacific Island states, including Vanuatu, leaders in the region are calling with renewed urgency for global action on climate finance, which they say is vital for building climate resilience and arresting development losses.

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