When Tamara Adrián, a Venezuelan transgender opposition legislator, spoke at a panel on inclusion during the last session of the International Civil Society Week held in Bogotá, 12 Latin American women stood up and stormed out of the room.
Last month, after receiving threats for opposing a hydroelectric project, Berta Caceres, a Honduran indigenous and environmental rights campaigner, was murdered. A former winner of the Goldman Environmental Prize for her opposition to one of Central America’s biggest hydropower projects, Berta was shot dead in her own home.
The publication of the Panama Papers has now been digested, like any scandal, after just a few days. We are now getting so accustomed to scandals, that it is confusing, and the general public reaction often is: all are corrupt and politics is all about corruption.
We have arrived at the point of no return. At this very moment the world is witnessing the highest level of humanitarian needs since World War Two. We are experiencing a human catastrophe on a titanic scale: 125 million in dire need of assistance, over 60 million people forcibly displaced, and 218 million people affected by disasters each year for the past two decades.
Collusion, according to the dictionary, means “secret or illegal cooperation or conspiracy, especially in order to cheat or deceive others.” That is what the world’s political and economic elites engage in, according to Danny Sriskandarajah, secretary general of the international civil society alliance CIVICUS.
The US was the cause of the crisis but has come out better than anyone else in the advanced world and better than many developing countries. During the crisis there was a widespread perception that this was the end of US hegemony. It was end of the dollar as the major reserve currency.
On the 17th of April, Italians were called to vote in a national referendum, on the extension of licenses to extract petrol and gas from the seas. The government, the media and those in the economic circles, all took a position against the referendum, claiming that 2000 jobs were at a stake. The proponents of the referendum (among them five regions), lost. Italy is following a consistent trend, after the Summit on Climate Change (Paris December 2015), in which all countries (Italy included) took a solemn engagement to reduce emissions.
The countries of Latin America will flock to sign the Paris Agreement, in what will be a simple act of protocol with huge political implications: it is the spark that will ignite actions to curb global warming.
James Sze Yuan Lau and Ivan Su Chiu Lu must be extremely busy men. Together, they are listed as directors of some 30 companies involved in various activities and services related to logging or agribusiness in Papua New Guinea (PNG). The former is the managing director of Rimbunan Hijau (RH) PNG and son-in-law of RH’s founder Tiong Hiew King; the latter is executive director of RH PNG Ltd.. All but two of these 30 companies have the same registered address at 479 Kennedy Road, in the national capital, Port Moresby–the headquarter of the RH group in the country.
Over one hundred developing countries continue to be left out of global tax cooperation negotiations despite leaks such as the Panama papers showing the high cost of tax avoidance.
“There were cases of people who stopped coming to work after receiving their first wages and then came back a few days later to ask if there was more work,” because they were used to casual work in the informal economy, said Ivonne Ginard.
In the wake of releasing the IMF’s latest assessment of the global economy, Chief Economist Maurice Obstfeld noted in his blog, “Global growth continues, but at an increasingly disappointing pace that leaves the world economy more exposed to negative risks. Growth has been too slow for too long.”
The Chinese character for crisis combines the characters for ‘danger’ and ‘opportunity’. Our ability to improve the human condition depends critically on our ability to recognize and address dangers, but also to seize opportunities made possible by recognizing that crises offer rare opportunities to pursue extraordinary options not normally available.
It was in 2001 that the Chief Economist of Goldman Sachs, Jim O’Neill, coined the acronym, BRICs, to denote the special category of large emerging economies, which he predicted were destined to transform the structure of the global economy, through sustained growth in the twenty first century. According to him, the BRICs, namely, Brazil, Russia, India and China, which at the turn of the century accounted for 25% of global Gross domestic product (GDP), could double their share to 50%.
Five years ago the Arab world blew up, and the flames are still raging. What at first had been euphoria quickly turned to chaos. What cannot be denied, though, is that the uprisings were the spark of an epochal change.