Since the 1950s, there has been a popular dance called the ‘limbo rock’, with the winner leaning back as much as possible to get under the bar. Many of today’s financial centres are involved in a similar game to attract customers by offering low tax rates and banking secrecy.
When travelling abroad for work and looking for accommodation, Joe Eyango, a Cameroonian living in the US, considers two factors: convenient transportation from the airport and around the city and reliable Internet access. He is a university professor and wants to be able to jet in, hit the ground running, make his presentation and zoom off to another destination in a day or two.
Since the turn of the century, much of Africa has achieved impressive economic growth. Sixteen African countries were among the world’s top 30 fastest growing nations. Last year, the 10 fastest growing African economies posted GDP growth rates exceeding 5 per cent.
In his first address on the global stage of the General Assembly, United States’ President Donald Trump touted an “America First” approach at the very institution that is meant to inspire collaboration between nations.
Thanks to globalization and trade liberalization of commodities, services and goods, global trade has reached an unprecedented level. According to the United Nations Conference on Trade and Development, world trade in goods was valued at approximately USD 16 trillion. North-North trade generates the highest trade volume at approximately 6 trillion
; trade flows within and between countries of the Global South amounts to 4.6 trillion. Trade between the Global South and the Global North -approximately between 2.5 and 3 trillion - add up to less than the trade flows within the Earth’s two main poles.
The vision of a literate world has guided the United Nations in its efforts to eliminate illiteracy worldwide. According to UNESCO, the world literacy rate
now stands at 91% up from 79% in 1980. In the Arab region, the literacy rate is currently at 86%; a 22% increase from 1980 where the literacy rate stood at 64%. Although world society has witnessed significant progress in eradicating illiteracy, approximately 750 million adults and 264 million children
worldwide are still considered as illiterate. Thus, the cloud of world illiteracy overshadows the geography of world poverty. Nonetheless, the Sustainable Development Goals have translated the vision of a literate world into a concrete action-plan: Sustainable Development Goal 4.6
calls upon all member States of the United Nations to ensure that youth, both men and women, “achieve literacy and numeracy” by 2030. In the words of formerSecretary-General of the United Nations, Kofi Annan
“Our wealth lies in the climate, not in the land,” said Antonio Galván, president of the Rural Union of Sinop, a municipality created just 37 years ago, which has prospered due to the continued expansion of soy in Brazil.
What kind of leadership does the world need now? US President Franklin Delano Roosevelt’s leadership was undoubtedly extraordinary. His New Deal flew in the face of the contemporary economic orthodoxy, begun even before Keynes’ General Theory was published in 1936.
Despite the fact that Central America is one of the regions most vulnerable to climate change, it has half-empty coffers when it comes to funding efforts against the phenomenon, in part because it receives mere crumbs in foreign aid to face the impacts of the rise in temperatures.
Hand in hand with UN Environment and the Inter-American Development Bank (IDB), the People’s Bank of China (PBoC) disembarked in the Argentine capital to prompt this country to adopt and promote the agenda of so-called green finance, which supports clean or sustainable development projects and combats climate change.
The transition to market economy and democracy in the Russian Federation in the early 1990s dramatically increased mortality and shortened life expectancy. The steep upsurge in mortality and the decline in life expectancy in Russia are the largest ever recorded anywhere in peacetime in the absence of catastrophes such as war, plague or famine.
At the High-Level Political Forum which currently takes place at the United Nations in New York several events, for instance a SDG Business Forum, are devoted to the critical role of business and public-private partnerships (PPPs) in implementing the 2030 Agenda for Sustainable Development.
In addition to driving up the number of unemployed people to 14.2 million, the severe recession of the last two years led Brazil to join the global trend of flexibilisation of labour laws in order to further reduce labour costs.
Turkey’s parliament is this week fast tracking the dispatch of up to 3,000 troops to Qatar
, home to the country’s military base in the Middle East. Certain to stiffen Qatar’s resolve to resist Saudi and UAE-led pressure to force it to change policies, the Turkish move comes amid hints that the kingdom and its allies may seek to undermine the rule of Qatari emir Sheikh Tamim bin Hamad Al Thani.
With terror attacks on the increase worldwide, there are more people today who believe that it has something to do with the religion of Islam.
The governments of Australia, Canada, the UK and the US need to close glaring legal loopholes to prevent the corrupt elite from laundering the proceeds of grand corruption in their local real estate markets, a major anti-corruption watchdog urges.
Last year Uber started testing driver-less cars, with humans inside to make corrections in case something goes wrong. If the tests go well, Uber will presumably replace their present army of drivers with fleets of the new cars.
The United Nations has frequently been accused of vociferously preaching gender empowerment and women’s rights to the outside world -- but failing miserably to practice what it preaches in its own political backyard.
Around 900 million – or just over one in four – people living in 16 countries in Asia Pacific, including some of its biggest economies, are estimated to have paid a bribe to access public services, with governments failing to stop corruption, according to a new public opinion poll from a major anti-corruption watchdog.
Basic rights always need champions, and that’s truer today than it ought to be as around the world we see an unwelcome pattern of reaction to modern complexities ranging from globalization and automation to austerity and dwindling wages. One alarming example is how the agenda of promoting women’s rights, so far from completion, is being pushed back rather than forward.
Open data is a pretty simple concept: governments should publish information about what they do to fight corruption– data that can be freely used, modified and shared by anyone for any purpose, according to two major international anti-corruption watchdogs. This is particularly important in the fight against corruption.