The U.S. Foreign Account Tax Compliance Act is unlikely to contribute much to combating persistent tax evasion in Latin America, which will require more national and multilateral instruments, experts say.
African countries are coming under strong pressure from the United States and the European Union to reverse the decision adopted by their trade ministers to implement the World Trade Organization’s trade facilitation agreement on a “provisional” basis.
Even though the U.S. economy is now expected to grow – albeit sluggishly – over the coming two years, inequality will not improve without policy reforms, a major grouping of rich countries is warning.
Since the collapse of the former Soviet Union, the United States has developed from a super power into a hyper power, says Subrata Ghoshroy, researcher at the Massachusetts Institute of Technology (MIT). This development has far reaching negative consequences in terms of global security – continual promotion of the international arms race as well as persistent devaluation of diplomacy and international law.
Volunteers are hard at work in an industrial warehouse in the Spanish city of Malaga, organising thousands of kilos of rice, sugar, lentils and oil to be shipped this February to Saharawi refugee camps in Tindouf, in the west of Algeria.
Before sunrise, a Moroccan woman waits her turn at the pedestrian border control separating her country from the Spanish city of Melilla. Hours later she crosses over, takes up an 80-kilo bundle of merchandise and carries it back to her country, for a payment of less than six dollars.
The Trans Pacific Partnership Agreement (TPP), the negotiation of which is set to conclude this year, could drive research into new drugs and improve access to medicines. Except – it won’t.
U.S. Secretary of Defence Chuck Hagel announced Monday that Washington is going forward with a controversial sale of eight attack helicopters to the Indonesian government, despite concerns that the gunships will be used for internal repression.
Churches across Egypt are being attacked heavily following the brutal killing last week of supporters of deposed Egyptian President Mohammed Morsi.
Hours after President Macky Sall of Senegal met in Washington with President Barack Obama late last month, he stepped into a brightly lit hotel meeting room to accept the Peter Benchley Award for National Stewardship of the Ocean, the only prize for ocean conservation given to heads of state.
In Libya, a dose of LSD or the painkiller tramadol costs 78 cents, and a joint of cannabis is 7.80 dollars. Here, drugs are affordable to the poor for a simple reason. “Slashing prices is a way to create demand and open up a market,” a Western diplomat tells IPS in Tripoli, the capital.
“We need a solution. The U.N. has created the problem, and they should do their work and fix it,” says Bright, a young Nigerian stuck in the Choucha refugee camp in Tunisia, a few kilometres from the Libyan border.
When the Desertec Industrial Initiative (DII), an alliance of 21 major European corporations, first unveiled plans to install a network of solar thermal, photovoltaic, and wind plants across the North African Maghreb region to generate electricity, the project was greeted as a ‘green utopia’.
Remittances to the world’s poorest countries reached a record 27 billions dollars in 2011, according to a report released Monday by the United Nations Conference on Trade and Development (UNCTAD) in Geneva.
There are numerous reasons to believe that the forces that have been driving growth in developing and emerging economies since 2009 cannot be sustained over the medium term. At the same time, it is impossible to return to the extremely favourable international economic conditions that prevailed before the eruption of the global crisis.
Although it admits that it cannot be a long-term solution, Washington insists on strengthening the armed forces in Latin America, to confront “new threats,” including citizen insecurity. But activists argue that it is only another means of maintaining control over the region.
When Israeli Prime Minister Benjamin Netanyahu told the U.N. General Assembly last month that Iran’s nuclear programme was unlikely to breach his “red line” for presumed military action until next spring or summer, many observers here looked forward to some relief from the nearly incessant drumbeat for war by U.S. neo-conservatives and other hawks.
The Arab Spring is far from over. The protracted conflict in Syria continues to swallow lives while the international community, hamstrung by geopolitics, looks on; riots across the Muslim world following the release of a low-budget American movie that is disrespctful of the Prophet Muhammad resulted in the death of U.S. Ambassador Chris Stevens in Libya; Tunisia and Egypt continue to struggle with post-revolutionary economies; and a string of democratically elected Islamist governments has taken root in newly-liberated countries throughout the region.
At a time when big grocery stores like Trader Joe's and Whole Foods are attracting scores of hungry customers, many local family-run farms are fighting to keep afloat.
The Muslim Brotherhood's Mohamed Morsi faces a host of daunting political hurdles after being officially declared Egypt's first freely-elected president on Sunday.
"We’ve been building a lot of new walls lately," says Polisario Front commander Ahmed Salem as he drives his 4 X 4 across Tindouf in Western Algeria. But the newly introduced security measures may not be enough to ensure the survival of the Western Sahrawis.