The global repercussions of the 2007-2008 financial crisis are a stark reminder of the economic interdependence in our globalising world. No country was spared from the shock waves that originated in the financial systems of developed economies.
As the African Union celebrates its 50th anniversary this year, it is still younger and less integrated than the 56-year-old body that is now the European Union, and, according to politicians and diplomats, has a big advantage over the Europeans as it charts its own path of integration.
The face of migration is changing dramatically as women and girls now represent about half of the over 214 million migrants worldwide.
China, which has outranked Japan as the world's second largest economy and moved ahead of Russia as the world's second largest military spender, has hit the top spot in global tourism.
As the global South claims a greater share of the world's GDP, is it also progressing in terms of overall human development? How has this southward tipping of the scale affected the dynamics of international trade? What is the role of global governance in mediating this period of change?
India’s refusal to grant patent protection for the anti-cancer drug Glivec, developed by Swiss drugmaker Novartis, is a victory for the developing world, which depends on low-cost exports of generic medicines from the Asian giant, said public health specialist Germán Velásquez.
The São Paulo Forum, which groups leftist political parties and organisations of Latin America and the Caribbean, sees a victory by Venezuela’s acting President Nicolás Maduro in the Apr. 14 elections as key to the future of the left in the region, and to “containing the right”.
A 150-million-dollar-plus Chinese real estate and tourism deal that is slated for a suburb of Georgia’s capital, Tbilisi, is creating a quandary for many Georgians.
World Bank President Jim Kim has unveiled a series of new institutional goals aimed at ending extreme poverty by 2030 and focusing on the promotion of “shared prosperity” – increasing the incomes of the poorest 40 percent in each country while placing increased focus on dealing with climate change.
India's highest court has dismissed Swiss drug maker Novartis AG's petition seeking patent protection for a cancer drug, a serious blow to Western pharmaceutical firms which are increasingly focusing on India to drive sales.
- The Geneva-based U.N. Conference on Trade and Development (UNCTAD), described as a key forum for developing nations on issues relating to trade, investment and development, will have a new secretary-general come September.
Although leaders of the Brazil, Russia, India, China and South Africa group agreed to launch a new development funding institution, giving the club a major infrastructure boost, some here are sceptical about the potential impact of the new bank.
On Tuesday, leaders of five large emerging economies – Brazil, Russia, India, China, and South Africa, known as the BRICS – will gather in Durban, South Africa to discuss harnessing their formidable resources on behalf of faster development progress in Africa and elsewhere.
Venezuela’s economic challenges, more than the uncertainty over who will succeed late president Hugo Chávez, could threaten the oil diplomacy he practiced in the region.
Although there is plenty of speculation about what will happen now President Hugo Chávez is gone, the likelihood of change in Venezuelan politics and society is low.