Economy

Experts call for Improved Protection of African Fisheries

With subsidies of global fisheries back on the World Trade Organisation’s agenda, experts are calling for African governments to upscale the protection of the sector long plagued by activities that continue to threaten the continent’s blue economy.

A Peaceful Decade but Pacific Islanders Warn Against Complacency

The Pacific Islands conjures pictures of swaying palm trees and unspoiled beaches. But, after civil wars and unrest since the 1980’s, experts in the region are clear that Pacific Islanders cannot afford to be complacent about the future, even after almost a decade of relative peace and stability. And preventing conflict goes beyond ensuring law and order.

The Lesson from Davos: No Connection to Reality

The rich and the powerful, who meet every year at the World Economic Forum (WEF), were in a gloomy mood this time. Not only because the day they met close to eight trillion dollars has been wiped off global equity markets by a "correction". But because no leader could be in a buoyant mood.

Initiatives Revive Palestinian Heritage Boosting Economy and ‘Homeland’

Deep into the subtly monochrome landscape of the southern West Bank, Abu Ismaeel’s tent stands out amongst bare rolling hills that stretch into the horizon. A lonely gate, with no fence around it, signals the official entrance to two large tents in the Rashayda Desert.

Opinion: Address Development and Climate Crises Together

The world today faces a crisis of climate and a crisis of development. Both are consequences of the nature of growth of the world economy over the last two centuries, especially during the recent period.

Not Yet Curtains for BRICs

With Goldman Sachs folding up its haemorrhaging BRIC fund, is it curtains for the acronym that defined the investment bankers’ fancy for emerging markets? It certainly appears so after China’s stock market crash and a fast slowing economy triggered fears that the dragon will set off the next global recession.

Opinion: Brazil Poised on Verge of Unstable Equilibrium

As the political situation in Brazil appears to be reaching a state of unstable equilibrium, or more bluntly, as it is transformed from instability to impasse, the economy continues to deteriorate.

Opinion: “Slight Deceleration” in G20 Trade Restrictions but Continued Vigilance Needed

The latest report by the World Trade Organisation (WTO) on G20 trade measures shows a slight deceleration in the application of new trade-restrictive measures by G20 economies, with the average number of such measures applied per month lower than at any time since 2013.

Opinion: Greece – A Sad Story of the European Establishment

Only 50 years of Cold War (and the fact that German Chancellor Angela Merkel grew up in East Germany) can possibly explain the strange political power of the United States over Europe.

Climate Change: Some Companies Reject ‘Business as Usual’

When it comes to climate change, business as usual is simply “not an option”.

Opinion: The Crisis of the Left and the Decline of Europe and the United States

The victory of the Conservative Party and the debacle of the Labour Party in the recent British general elections is yet another sign of the crisis facing left-wing forces today, leaving aside the question of how, under the British electoral system, the Labour Party actually increased the number of votes it won but saw a reduction in the number of seats it now holds in Parliament (24 seats less than the previous 256).

Opinion: Brazil at the Crossroads

Even moderately well-informed analysts knew that the Brazilian economy was in dire straits as President Dilma Rousseff initiated her second term in office in January.

Kenya Struggles with Rising Alcoholism

Despite legislative attempts to curb drinking, Kenya is still facing its greatest threat from alcohol abuse. Calamities associated with excessive intoxication – dementia, seizures, liver disease and early death – have done little to deter users.

Opinion: The ‘Acapulco Paradox’ – Two Parallel Worlds Each Going Their Own Way

The world is clearly splitting into two parallel worlds, with each going their own way, in what we could call the ‘Acapulco paradox’.

The Two Koreas: Between Economic Success and Nuclear Threat

The two Koreas are an odd match – both are talking about possible dialogue but both have different ideas of the conditions, and that difference comes from the 62-year-old division following the 1950-53 Korean War.

Aid Freeze Over Energy Controversy a Blow to Tanzanian Economy

As foreign donors drag their feet on injecting badly needed cash into the government’s coffers, local analysts are increasingly worried that this will affect implementation of key development projects that require donor funding.

Internal Ruling Party Wrangles Stall Development in Zimbabwe

With the ruling Zimbabwe Africa National Union Patriotic Front party in Zimbabwe seized with internal conflicts, attention to key development areas here have shifted despite the imminent end of December 2015 deadline for global attainment of the U.N. Millennium Development Goals (MDGs).

OPINION: Rousseff Re-elected President – What Lies Ahead for Brazil?

The tight race between incumbent President Dilma Rousseff of Brazil’s Workers’ Party and her opponent, Aecio Neves from the centre-right Brazilian Social Democracy Party (PSDB) party, ended on Sunday, Oct. 26 with the re-election of Rousseff.

Will Climate Change Denialism Help the Russian Economy?

The recent call from Russian Prime Minister Dmitry Medvedev for “tightening belts” has convinced even optimists that something is deeply wrong with the Russian economy.

Shea Harvesting Good for Income, Bad for the Environment in Ghana

The shea tree, a traditional African food plant, represents a major source of income for women in Ghana's Northern, Upper West and Upper East regions, but they are helping to destroy the very resource that gives them money by cutting it down to produce charcoal.

Zimbabwe Sails Close to Economic Rocks

For President Robert Mugabe to defeat the opposition in the Jul. 31 election by hook or by crook may have been a walk in the park, but beating the economic crisis will be another matter. The stock market fell 11 percent the day he was sworn in, the biggest fall in a day since 2009.

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