In recommendations to German Chancellor Angela Merkel at the end of July, the German Council of Economic Experts outlined
how a weak member country could leave the Eurozone and called for strengthening the European monetary union.
The digital economy permeates countless aspects of the world economy, impacting sectors as varied as banking, retail, energy, transportation, education, publishing, media or health. But the full potential of the digital economy has yet to be realised even in the world’s most advanced and emerging countries, says a new report.
"A serious political and social crisis will sweep through the euro countries if they do not decide to strengthen the integration of their economies. The euro zone crisis did not begin with the Greek crisis, but was manifested much earlier, when a monetary union was created without economic and fiscal union in the context of a financial sector drugged on debt and speculation.”
Just days ahead of a summit of the BRICS group of emerging economies (Brazil, Russia, India, China and South Africa) in which the five countries are expected to formally launch their New Development Bank (NDB), 40 NGOs and civil society groups have penned an open letter to their respective governments urging transparency and accountability in the proposed banking process.
The decisive result of the Greek referendum held Jul. 5, in which voters overwhelmingly rejected (61.3 to 38.7 percent) the terms of an international bailout, has opened a new chapter not only for the future of Greece, but also in terms of the essence of the European Union itself.
Last week, I went to see the new flick “Love & Mercy,” about the life of Brian Wilson, a singer, songwriter, and the genius behind The Beach Boys. I hadn’t heard much about the film. In fact, I was expecting a summer movie about surfing and fun; The Beach Boys playing Kokomo, Good Vibrations, and Surfin’ U.S.A. on sunny California beaches.
“If you’re against coal mining, why don’t you just walk into a coal mine and stop the excavators?”
In his memoirs, Glimpses of a Global Life
, Sir Shridath Ramphal, then-Foreign Minister of the Republic of Guyana, who played a leading role in the evolution of the Lomé
negotiations that lead to the birth of the African, Caribbean and Pacific (ACP) Group of States, pointed to the significant lessons of that engagement of developed and developing countries some 40 years ago and had this to say:
People of faith, civil society groups, and communities affected by climate change marched together in Rome Sunday Jun. 28 to express gratitude to Pope Francis for the release of his Laudato Si
encyclical on the environment, and call for bolder climate action by world leaders.
When he died at the age of 80 on Jun. 18 in Oslo, Fredrik Fasting Torgersen had divided Norway for 56 years and the “Torgersen case” had attracted international interest in forensic science circles, among them the U.S.-based Innocence Project
The overwhelming majority of lobby meetings held by European Commissioners and their closest advisors are with representatives of corporate interests, according to an analysis published Jun. 24 by Transparency International (TI).
The winners of the first-ever United Nations Nelson Rolihlahla Mandela Prize were announced Monday by General Assembly President Sam Kutesa, 25 years to the day that Mandela addressed the U.N. General Assembly to denounce apartheid in his home country of South Africa.
Challenges to advertisers and marketers arose in the past century. Critics deplored the role of cigarette marketers who exploited the aspirations of women by associating smoking with liberation.
One in five migrant workers – about 50 million people - lives and works in Europe, making the region home to a quarter of global remittance flows, according to a new report by the International Fund for Agricultural Development (IFAD).
Human rights groups are calling for a sustainable solution to the migrant crisis in Europe, especially following the dismantling of refugee camps in Paris and Calais, France, over the past two weeks.