The Monetary Board of Sri Lanka’s Central Bank, tasked with keeping the island’s economy on an even keel, does not only keep tabs on exchange rates, gold prices and inflation – it also has an eye on a less obvious indicator of economic stability: water levels in the country’s main reservoirs.
Controversy is building following the announcement that negotiations will soon begin on a free trade agreement between the United States and European Union, with critics warning that any such agreement could negatively affect a host of regulatory concerns.
In the aftermath of the global economic crisis and with three years to go until the 2015 deadline of the Millennium Development Goals, global leaders are struggling to formulate a post-2015 agenda that can address the widespread dilemmas of employment and inclusive growth.
Three different models for regional unification have been proposed by the movement for European integration since its inception. One vision is a league of states that preserve national sovereignty while committing themselves to follow specific policies agreed by consensus.
A five-century wait could come to an end when the Nicaraguan government grants a concession this year to a Chinese company to build a canal between the Pacific and Atlantic oceans, despite local protests and international scepticism.
Lawmakers attempted Wednesday to push along an ongoing effort to modernise U.S. international food aid policy amid mounting bipartisan support for the use of more locally grown food products over the long-standing practise of shipping U.S.-grown commodities.
Developed countries report that they delivered more than 33 billion dollars in Fast Start Finance (known as FSF), beyond the pledges they made at COP 15 in Copenhagen in 2009. Recent analysis suggests that the funding delivered may have exceeded 38 billion dollars. But that is not the whole story.
More than five years since the outbreak of the global financial crisis, the world economy has shown few signs of stabilising and moving towards strong and sustained growth.
The drug problem should be tackled not as a security issue but as a public health question, with policies for "prevention, treatment and rehabilitation," delegations from the 34 countries participating in the 43rd General Assembly of the Organisation of American States agreed.
The global economy is awash with successive waves of liquidity generated over the past few years by the four most advanced economies, viz., the United States, the European Union, (EU), Japan and the United Kingdom, known as the G4. This liquidity has taken the form of “quantitative easing” (QE).
Some good-byes can actually mean the start of a long road working together. That was how it felt at the end of the World Indigenous Network (WIN) conference in this northern Australian city.
This city in northern Australia brought them together to share their experiences this week. They are indigenous Shipiba people fighting indiscriminate logging in Peru’s Amazon jungle region and delegates from the Ando-Kpomey community in Togo, which created and protects a 100-hectare forest.
“Are you a park ranger?” IPS asked. “No, I am one of the owners of the territory,” Ángel Durán responded in a firm voice. The Bolivian indigenous leader is in this northern Australian city along with 1,200 other native delegates from over 50 countries for the World Indigenous Network (WIN) conference.
The economic crisis began in the United States under the administration of then-President George W. Bush, following the collapse of the Lehman Brothers Bank. It came as a result of unregulated globalisation and a neoliberal ideology that places usurious markets, offshore bank accounts, and money for the sake of money, above state power. It is an ideology that ignores citizens, even as they starve.
Australia’s largest textile workers’ union and activist groups are up in arms that the country’s leading retail chains, who source most of their fashion labels from Bangladesh, are refusing to sign a legally binding accord that will help to improve labour and safety standards in Bangladeshi garment factories.