While just eight men are enjoying their huge wealth, equivalent to that of half the world, new forecasts project darker shadows by predicting rising unemployment rates, more precarious jobs and worsening social inequality. To start with, there will be more than 1.4 billion people employed in vulnerable working conditions.
While just eight individuals, all of them men, own the same wealth as 3.6 billion people -- half of world’s total population -- it will take 170 years for women to be paid the same as men, warns a new major report on inequality.
Just eight men own the same wealth as the 3.6 billion people who make up the poorest half of humanity, according to a major new report by an international confederation of 19 organisations working in more than 90 countries.
Not at all. Or at least not necessarily. The fact is that cash transfer programmes –regular money payments to poor households—are meant to reduce poverty, promote sustainable livelihoods and increase production in the developing world. One in four countries on Earth are applying them. But are they effective?
So-called free-trade agreements (FTAs) are generally presumed to promote trade liberalization, but in fact, they do much more to strengthen the power of the most influential transnational corporations of the dominant partner involved. While FTAs typically reduce some barriers to the international trade in goods and services, some provisions strengthen private monopolies and corporate power.
There is a major though silent global threat to human and animal health, with implications for both food safety and food security and the economic well-being of millions of farming households. It is so-called anti-microbial resistance.
UN member states hope to reach agreement on a diverse range of global issues in 2017, from managing the world’s oceans to banning killer robots to stopping tuberculosis, one of the world’s deadliest diseases.
When pro-nuclear disarmament organisations last October cheered the United Nations decision to start in 2017 negotiations on a global treaty banning these weapons, they probably did not expect that shortly after the US would elect Republican businessman Donald Trump as their 45th president. Much less that he would rush to advocate for increasing the US nuclear power.
President-elect Donald Trump has promised that he will take the US out of the Trans-Pacific Partnership Agreement (TPPA) on the first day of his presidency. The TPP may now be dead, thanks to Trump and opposition by all major US presidential candidates. With its imminent demise almost certain, it is important to draw on some lessons before it is buried.
When British naturalist Charles Darwin published in 1859 his theory of evolution in his work On the Origin of Species, he most likely did not expect that robots, not nature, would someday be in charge of the selection process.
Yet another new year has dawned. But 2017 will be a year like no other.
As Human Rights Day approached this Dec. 10, the United Nations Office of the High Commissioner (OHCHR) issued a statement urging all governments to join in the fight for universal equality and justice.
As he packs his bags to head home to South Korea, the outgoing UN Secretary-General Ban Ki-moon has been sharply critical of the decision-making process in the world body – specifically the veto powers in the Security Council and the increasing “consensus” rule in voting – where a single country can defy the rest of the 192 members, particularly on politically and financially sensitive issues.
Without any hint of irony, the World Bank’s most recent Doing Business Report 2017 promises ‘Equal Opportunity for All’. Bangladesh ranked 176th among 190 economies, below civil war-ravaged Iraq and Syria! Bangladesh even slipped two places from 174 in the 2016 ranking and is three places below its 2015 ranking.
2016 has been a dramatic year for the world, and for the media. Political dysfunction appears to be on the rise, putting social media under increasing critical scrutiny even as prestigious global commercial news brands capable of acting as the fourth estate are downsizing.